Jobs · Legal · Texas

Legal Counsel, Capital Markets

Urban Grid · Houston, TX · Yesterday
LegalFull-time

About the role

Urban Grid is a leading independent power producer (IPP) delivering reliable, utility-scale solar and storage solutions to help meet America’s energy demand. We develop, own and operate projects that strengthen local economies through long-term partnerships and responsible land stewardship, integrating agrivoltaics into our land management practices. Headquartered in Houston, Texas, we operate across the United States with a portfolio that includes 12,000 megawatts of development assets and have brought five solar projects online since becoming an IPP in 2023. Urban Grid is a portfolio company of Brookfield.

The Legal Counsel will support Capital Markets transactions and M&A activity, focusing on tax equity, project finance, tax credit transfer transactions, debt financing, fundings, amendments, and maintenance of existing financing arrangements. The role involves structuring, negotiating, executing, and closing complex renewable energy financing transactions while collaborating with internal stakeholders, outside counsel, tax advisors, lenders, and tax equity investors.

Responsibilities

  • Serve as legal resource for Capital Markets transactions, supporting new financings, fundings, amendments, ongoing deal maintenance, and related execution needs.
  • Structure, negotiate, execute, and close capital markets transactions, including tax equity financings, debt financings, tax credit transfer transactions, and other project finance-related transactions.
  • Coordinate with outside counsel, tax advisors, lenders, tax equity investors, and other counterparties to manage due diligence and satisfy closing conditions.
  • Review, negotiate, and advise on transaction documents such as financing agreements, tax equity documents, tax credit transfer agreements, membership interest purchase agreements, security documents, indemnity agreements, guarantees, consents, certificates, and ancillary closing deliverables.
  • Support M&A transactions, including legal diligence, transaction documentation, integration planning, and coordination with internal and external stakeholders.
  • Advise on prevailing wage and apprenticeship requirements, domestic content adders, energy community designations, foreign entity of concern regulations, and other ITC adder and qualification requirements affecting transaction structuring and execution.
  • Monitor regulatory and legislative developments affecting renewable energy tax incentives and advise internal stakeholders on potential impacts to existing and prospective transactions.
  • Oversee internal governance and approval processes for capital markets transactions, ensuring compliance with company policies, investment committee, capital committee, and board authorization procedures.
  • Ensure required internal approvals are obtained at appropriate stages of each transaction prior to execution and closing.
  • Review and advise on principal development agreements, including EPC agreements, power purchase agreements (PPAs), equipment supply agreements, interconnection agreements, and other project documents, focusing on provisions affecting project financeability, lender or tax equity investor requirements, or future capital markets transactions.
  • Support internal treasury and finance teams with post-closing and ongoing transaction matters, including amendments, waivers, consents, notices, funding requests, obligation monitoring and compliance, and maintenance of existing financing and tax equity arrangements.
  • Manage outside counsel effectively, including transaction workflow, diligence requests, document review, closing checklists, timelines, budgets, and post-closing deliverables.
  • Support continuous improvement of internal legal and transaction processes, including templates, playbooks, diligence trackers, approval workflows, and closing procedures.

Requirements

  • Juris Doctor degree from an accredited law school.
  • Active license to practice law in at least one U.S. jurisdiction.
  • 5–8 years of relevant legal experience, preferably with a law firm, renewable energy company, independent power producer, infrastructure investor, financial institution, or energy project developer.
  • Experience with renewable energy project finance, tax equity, tax credit transfers, debt financing, M&A, or energy/infrastructure transactions.
  • Strong working knowledge of federal renewable energy tax credit laws and regulations, including the Investment Tax Credit (ITC), Production Tax Credit (PTC), and related provisions under the Internal Revenue Code and Treasury Regulations.
  • Familiarity with renewable energy project documents, including EPC agreements, PPAs, equipment supply agreements, O&M agreements, interconnection agreements, site control documents, and financing-related project diligence.
  • Understanding of key project finance and tax equity diligence considerations, including project financeability, risk allocation, tax credit qualification, lender and investor consents, collateral structuring, and closing conditions.
  • Experience coordinating with lenders, tax equity investors, tax advisors, external counsel, and internal cross-functional teams.
  • Ability to independently manage transaction workstreams, coordinate with outside counsel and internal teams, and escalate key legal or business issues appropriately.
  • Strong drafting, negotiation, analytical, project management, and communication skills.
  • Ability to manage multiple transactions and priorities simultaneously while maintaining attention to detail and sound judgment.
  • Commercially minded, collaborative, and comfortable advising business teams in a fast-paced environment.
  • Experience advising on domestic content, energy community, prevailing wage and apprenticeship, FEOC, or other renewable energy tax credit qualification matters preferred.
  • Hybrid in Houston, Texas (4 days in office, Fridays remote). Must be currently authorized to work in the United States on a full-time basis; visa sponsorship or transfer visas are not available.

Benefits

  • Medical, dental, and vision insurance.
  • Health Savings Account (HSA) and Flexible Spending Account (FSA).
  • Company-paid life insurance and short-term disability.
  • Voluntary life and long-term disability coverage.
  • Paid parental leave.
  • Retirement plan with matching contributions.

Full-time position with competitive compensation package, including bonus.

Similar jobs