Finance Director

Linea Energy

  • Full time
  • 3 months ago
  • San Francisco,CA
  • OnSite

Job Description

About Linea Energy

Linea Energy is a leading independent power company dedicated to developing, building, and operating renewable energy projects across the Americas. Our mission is to provide sustainable energy solutions that empower communities and drive the transition to a clean energy future. Headquartered in San Francisco, California, Linea Energy is committed to innovation, excellence, and the highest standards of environmental stewardship.

About the Position

The Director of Project Finance will play a crucial role within the Linea Energy organization. The Director of Project Finance is expected to draw upon an extensive finance background and direct experience to lead the successful financing of utility-scale wind, ground mount PV power plants and BESS projects. As a senior member of the organization, the Director of Project Finance is expected to be able to lead debt, tax equity, tax transfers and conduct project acquisition transactions independently. This position is located at our headquarters in San Francisco, California.

Roles & Responsibilities

  • Lead key corporate and project finance transactions, including raising equity, debt, tax equity, and structured products. The capital-raising role will likely extend to government, strategic, and catalytic capital sources.
  • Act as the internal project manager, coordinating all internal stakeholders and approvals, leading project meetings, and maintaining project schedule and budgets.
  • Lead tax credit monetization and financing strategies, as well as solving associated working capital requirements related to delivering major industrial decarbonization projects.
  • Manage all aspects of transaction execution, including marketing, negotiation of term sheets, structuring, financial modeling, investor due diligence, transaction documentation, and internal project management.
  • Lead due diligence, commercial negotiations, and manage data rooms.
  • Develop and maintain valuable relationships with debt, tax equity, and equity investors, as well as strategics.
  • Develop and work with complex corporate and project finance models. Able to build models independently and mentor others.
  • Work with Linea Energy leadership to develop an innovative financing roadmap for the company.
  • Organize and manage the process to obtain third-party reports to support finance work, including, but not limited to, independent engineer reports, insurance reports, and market studies.
  • Collaborate with Linea Energy leadership to develop project-specific financing strategies.
  • Draft marketing materials for capital raising, including teasers, investment presentations, and confidential information memoranda (CIMs).
  • Present financing proposals and transactions, and mentor others to effectively communicate across various asset classes and audiences.
  • The Director of Project Finance will report to the Managing Director of Finance and will have high level of exposure to both C-Level Management and Board of Directors

Required Qualifications

  • Must have a BS/BA and ideally an MBA with a minimum of 5+ years of experience in project finance, corporate finance, or investment banking, with at least 3 years in solar and/or storage project experience.
  • Must have demonstrated knowledge of and experience in sourcing, developing, and managing relationships with project sponsors, buyers, independent power producers (IPPs), tax equity investors, and project lenders.
  • Must have detailed knowledge and understanding of all phases of project finance in solar PV plants and BESS projects, in addition to a basic understanding of key development concepts to integrate into risk analysis.
  • Must be a proficient user of Excel to independently create and update sophisticated financial models to price power purchase agreement (PPA) bids, evaluate project economics, and simulate the financial outcomes of multiple development and financing approaches.
  • Must have experience working with project developers and an understanding of the RFP process. Must have the insight to highlight key risk factors and deliver the best project finance solutions.
  • Must have a demonstrated track record of delivering results, including the ability to independently source and communicate with investors, manage investor due diligence processes, and negotiate and close complex financing and project sell-down transactions.
  • Must have experience in and the ability to develop a targeted investor marketing program and forge strategic partnerships and customized investment products.
  • Must have both a long-term strategic perspective and a near-term action orientation, with a strong desire to continuously improve and push limits.
  • Exceptional communication and interpersonal skills and must be a strong team player with a high degree of professionalism and conduct at all times. Ability to interact with senior leadership cross-culturally, and both within and outside the organization.
  • Willingness to travel to all offices

Our Values

  • Voraciously Curious

No playbook exists for the problems we are solving. Every day, we are required to find answers to questions weve never been asked before. To make meaningful progress, we are unapologetically driven by asking why? constantly seeking better solutions and are unfazed by tackling things that are only implausibly possible.

  • Purposely Scrappy

To be scrappy means to skip the formality, to have the resolve and resourcefulness to achieve results no matter what. From top to bottom, we take ownership of our work and our projects, while knowing that we have the freedom to make mistakes and learn from them. We are resolute about efficiently to be good stewards of our capital.

  • Innate Stewardship

We know that our work and how we work impacts numerous things that are not ours from the local communities we work in, to our colleagues well-being, to our childrens future in an age of climate change, to energy security in the markets in which we participate.

Linea Energy is dedicated to fostering a diverse and inclusive workplace. We are an equal opportunity employer and do not discriminate based on race, religion, gender, sexual orientation, national origin, age, veteran status, or disability status. Join us in our mission to drive the transition to a clean energy future and make a positive impact on the world.

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