Associate, Renewable Energy M&A
About the role
SolRiver Capital is seeking an M&A Associate to facilitate SolRiver's ongoing flow of solar + storage project acquisitions. This position is for someone with 1-2 years experience of renewable energy project acquisition and financing transactions.
Responsibilities
- Evaluate, negotiate, and execute financial transactions in the renewable energy space, such as: project / portfolio acquisitions, development loans, joint venture frameworks, and co-development agreements.
- Build, run, audit, and stress & scenario test complex financial models for the acquisition of projects, equity investments in portfolios, and / or loans to developers or portfolios.
- Help negotiate, draft, and execute letters of intent, term sheets, purchase and sale agreements, loan agreements, and joint venture agreements with renewable project developers.
- Assist in the project financing (construction debt, term debt, tax equity) of portfolio projects.
- Manage appraisers, independent engineers, accounting and tax consultants, in connection to project closings, equity valuations, and loan valuations.
Requirements
- Great with Excel, extremely diligent, analytical, capable of quickly learning, a good communicator, and passionate about deal origination & execution.
- Minimum 1 year of work experience in investment banking, private equity, or energy finance.
- Bachelor's degree in Finance, Business, or related field.
- Ability to understand project finance concepts, debt & equity structures, and conditions precedent for transaction closing and associated milestones.
- Detail-oriented and extremely diligent.
- Capable of managing competing priorities and thrive in transaction / deal-driven environment.
- Ability to read and understand legal documents.
- Excellent verbal and written communication and interpersonal skills, specifically the confident and succinct communication to management and external financiers.
Benefits
The expected salary for this position, at commencement of employment, is in the range of $100,000 to $150,000 a year; however, base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position may also include other elements such as annual bonus, in addition to a full range of medical, dental, vision, life, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if a candidate receives an offer of employment. If hired, employee will be in an “at-will position” and SolRiver reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, SolRiver or individual department/team performance, and market factors.