My client is a leading global distributor of PV modules and are currently looking for someone to bring on board in their projects team. A successful candidate will have experience at all stages of the development cycle from initial feasibility studies etc all the way to the financing rounds.
Position Overview:
The Project Development Manager will report to the Head of the mission/ Project Development Director to assist in the progress of the operational projects.
Responsibilities:-
• Origination of financial and corporate equity sponsors for utility-scale solar PV power plants
• Identifying financing banks, preparing information memorandum, negotiation with banks & equity investors
• Form and manage new utility and developer relationships
• Develop and manage relationships with utilities, developers, and external services providers
• Conduct of sale negotiations in predetermined desired value and tender preparations
• Develop relationships with IPP’s, EPC’s, large developers and other channel partners to finance and build out projects
• Identify project opportunities with utilities
• Manage all aspects of project development, including site acquisition, interconnection studies, permitting, tax abatement, and structuring finance
• Structuring and negotiation of project finance regarding the draw-down of the debt, loans, payment schedule.
• Overseeing the work of the project team for the finalization of key project contracts to achieve financial close
• Oversee the whole project cycle from origination to execution of solar PV power plant project financing
• Responsible for financial advisory, negotiation of finance and project documentation
• Equity raising and project sale negotiations
• Negotiation of all the project contracts (EPC, O&M, land lease, etc)
• Detailed risk analysis for each project
• Identifying potential buyers of power plants
• Manage internal and external legal staff and advisors in the drafting, negotiation, and execution of term sheets, financing documents, and contracts associated with solar project financings
Education:-
• Bachelor’s Degree in Engineering, Finance, Physical Science, or Economics is a plus. Master’s Degree or MBA with emphasis in Finance or related studies
Core Requirements:-
• 5 to 10 years of prior transactional experience working within project finance, structured finance, tax equity, lease finance, asset-backed finance, M&A, investment banking, municipal finance, large commercial real estate underwriting, securitization of various asset types, or private equity with significant experience leading the origination, negotiation, and execution of transactions
• Strong knowledge of project finance, including structuring and negotiation of financings
• Hands-on approach on existing investments
• International business development and origination
• Critical assessment and due diligence of investment opportunities
• Must have repeated success negotiating PPAs with utilities
• Needs to understand permitting, site acquisition, interconnection, project management, deal negotiation, financial modeling of renewable deals etc.
General Requirements:-
• Ability to travel
• Ability to communicate across all levels of an organization
• Ability to work under deadline pressure and deliver high quality results
• Proven ability to communicate across all levels of an organization
• Advanced Excel skills, familiarity with Word and PowerPoint. Prior international and emerging market transactional experience is a plus
• Excellent communication skills in both oral and written English with additional language skills a plus
• Project management and complex financial modeling experience
Key Skills:
Renewable energy, strong finance background, utility-scale solar project financing experience and team leadership experience.
For more information please send a Word copy of your CV to jobs@viridiumassociates.com, call us on +44 (0) 203 005 5560, or visit www.viridiumassociates.com. No PDFs please. We can only respond to applicants with relevant experience as detailed above.
