About Us
Euclid Power is a growing software and services company building the operating system for the renewable energy industry. Our data management and workflow tools help project developers and investors build more renewable energy projects, faster and more reliably.
Euclid is trusted by some of the largest solar investors, solar developers, utilities, and technology integrators to provide software, guidance, and project diligence support. Euclid is currently a 70-person team led by a world-class team of renewable energy and software veterans. Our solutions have driven forward gigawatts of renewable energy capacity across hundreds of projects.
We are looking to grow with people who are hardworking, passionate, and committed to our mission. Hires at this stage will immediately contribute to the DNA of our product, processes, and, most importantly, culture. At Euclid, learning, developing, and testing the best ideas are central to our approach to solving one of the world’s most important challenges: climate change.
About The Role & Team Culture
We are excited to add a Senior Associate, Project Finance to our Execution Services Group. This is a newly created position reporting to our Senior Manager, Structured Finance & Transactions. This role is ideal for someone excited to join an entrepreneurial company working on a product with the potential to vastly improve workflows and processes to achieve efficiency, speed and cost-effective methods. This role will be an integral team player for the financing of renewable energy projects, working closely with the customer (e.g., investor, owner operator) on due diligence, compliance and execution.
What You’ll Do
- Focus on technical responsibilities (developing, maintaining, coordinating and reviewing financing documentation, compliance, covenants, and models), making up about 60% of the role.
- Serve as a financing subject matter expert (SME), providing education, guidance, and insights to peers and stakeholders, representing about 20% of your time.
- Take part in various cross-functional projects outside of core financing tasks, primarily handling project management responsibilities (for example, review engineering reports), which comprises 20% of this role.
- Responsible for managing day-to-day contributions to Euclid’s services related to financing, capex, and opex, management of depository funds and accounts including updates to financial compliance and covenant tracking tools, models and cash flows.
- Act as a key member of the services team, collaborating closely with colleagues of diverse skillsets and expertise to ensure cohesive project outcomes.
- Work closely with investors, attorneys, advisors and lenders amongst others.
- Embrace adaptability and flexibility, with a readiness to assist beyond core tasks when needed to support team success. Must be comfortable with change.
Required Skills & Experience
- Previous experience in renewable energy project finance and/or tax equity structuring for a developer, investor, lender, advisor or comparable experience
- Strong financial modeling and quantitative skills
- Knowledge of financing due diligence process
- Working knowledge of Tax Equity, Transferability, and Debt Financing
- Strong attention to detail and disciplined approach to solving problems
- Must be a team player willing to step out of comfort zone and remain adaptable.
What We Provide
- Benefits package (401K, Health Insurance, Remote Work, Paid Time Off, 13 Paid Holidays)
- Opportunity for early equity awards and share in the growth of the firm you are helping build
- Opportunity to learn and grow in a truly supportive, collaborative, dynamic, and diverse environment
- Exposure to the heart of the growing renewable energy industry
- Work that matters
We are committed to building an inclusive working environment and doing our part to create a more equitable world. We strongly encourage applicants from underrepresented and/or historically marginalized communities to apply.
The base salary range for this role is $140,000-$165,000 with an equity award as part of your all-in compensation. The actual base salary and equity is dependent upon many factors, such as education, experience, skills, and internal compensation equity. The base salary range is subject to change and may be modified in the future. This role may also be eligible for equity and benefits.
What We Do
Euclid Power is comprised of a team of industry-leading veterans within renewable energy project development, diligence, finance, and execution with over 3GW of PV and 3GWh of energy storage experience. We guide developers and investors through execution on projects at all stages of the project lifecycle. We offer a competitive advantage to our clients by demystifying technical and financial diligence, de-risking projects for investment, and by driving execution results through ensuring continuity throughout each respective discipline.
Our market sectors include residential VPPs, commercial-industrial and utility scale solar and storage. Whether you have a small C&I portfolio or a utility scale solar plus storage project, we can help. Our services also span both development and operating portfolios, as our team has deep experience in both.
Euclid Power is a firm defined by how we solve challenges. We design, develop, and execute tailored solutions by assembling the right combination of expertise, and facilitating that coordination through our Euclid Execution Platform. We leverage our vast network of technical, legal and policy experts and offer excellence narrowed to specific aspects of the project or more broadly through assuming ownership over execution entirely, providing and managing legal, financial, and technical workstreams.
