New Leaf Energy is seeking a Structured Finance Associate to join their team supporting their Power Plants division. The position involves maintaining complex financial models, providing pricing to NLE's development company, and supporting diligence on projects. The role requires 3-4 years of experience in renewable energy project finance or a related field, and a bachelor's degree in Finance, Economics, Business, or a related quantitative field.
Requirements
- Maintain complex, project and portfolio-level financial models to evaluate project returns (IRR, NPV), cash flows, and sensitivities
- Responsible for providing arm’s length pricing to NLE’s development company (DevCo) for projects in consideration for sale to NLE’s Power Plants Division (IPP)
- Support Manager of Structured Finance and third party diligence providers in performing diligence on projects offered to IPP by DevCo with respect to real estate, project permitting, and interconnection, and other development items
- Maintain checklists, schedules and other project management tools required to keep the diligence process organized and allow transactions with New Leaf’s DevCo to close quickly and IPP to draw down on funds to move forward in the project construction process
- Assist Manager of Structured Finance in drafting of project-specific MIPAs between NLE DevCo and IPP using existing template, identifying potential DevCo post closing obligations (PCOs) and inclusion of additional terms that align with IPP’s financing arrangements
- Monitor and ensure compliance with the condition precedents (CPs) agreed to by IPP in existing financing agreement(s) in support of drawing down on committed funds in a timely manner
- Manage the day to day operations needed to support the capital structure, including compliance, reporting, and execution of supplemental funding agreements
- Execute on the standard work needed for this to run smoothly and efficiently
- Support all new capital transactions, including serving as deal support on additional rounds of PPD financing
- Perform project management of internal and external resources to ensure efficient execution and a smooth deal close
- Manage data rooms and respond to investor inquiries during capital-raising processes
- Proactively identify and work on new process improvements in coordination with other stakeholders
Benefits
- Competitive salaries and comprehensive benefits, including medical, dental and vision
- A 401k plan with immediate vesting and a company match
- An open and self-managed paid time-off policy
- A hybrid work location policy that supports working from home for part of the week
- A parental leave policy for both birthing and non-birthing parents, available immediately upon hire
- Professional development and education assistance
