Associate, Project Finance

Page Mechanical Group, Inc.; BLOOMINGTON (MN); On-site; USD 113,000 - 142,000; Full time

Job summary

A leading renewable energy company is seeking an Associate in Project Finance to manage financing transactions for renewable energy projects. The role involves due diligence, negotiation support, and relationship management with financial partners. Ideal candidates will have a finance-related degree and relevant experience. A collaborative attitude and strong communication skills are essential for success in this dynamic environment.

Benefits

Medical benefits

Dental benefits

401(k) benefits

Disability benefits

Qualifications

• 2-5 years experience in finance, banking, or consulting.
• Familiarity with reading and interpreting commercial contracts.

Responsibilities

• Manage due diligence and closing process for financing transactions.
• Support project finance negotiations including debt and equity.
• Develop and manage financial models for project performance.

Skills

Analytical minded

Detail-oriented

Strong written communication

Strong oral communication

Collaborative positive attitude

Driven and self-motivated

Education

Bachelor’s degree in finance

Bachelor’s degree in economics

Bachelor’s degree in accounting

Bachelor’s degree in engineering

Tools

Microsoft Office Suite

Job description

National Grid Renewables is a full-service renewable energy company headquartered in Minneapolis, Minnesota. National Grid Renewables has developed over 2,400 megawatts of wind and solar projects that are either operational or currently under construction throughout the United States. National Grid Renewables has a multi-gigawatt development pipeline of wind and solar projects in various stages of development throughout the United States. National Grid Renewables provides custom solutions for utilities and corporations looking to harness renewable energy for business growth. With deep roots in agriculture, National Grid Renewables prides itself on developing renewable energy projects that are farmer-friendly, community-driven, and beneficial for rural communities.

The Associate, Project Finance will support all aspects of the business support and manage all aspects of project finance transactions involving renewable energy projects and battery storage technologies.Your key responsibilities will include supporting and managing the due diligence process, coordination with external financing parties to support closing and funding transactions, and supporting structuring complex financing agreements. You will work closely with other teams within the NGR team, including Investments & Portfolio Management, Development, Construction, Engineering, Asset Management, Legal, Tax, and Operations.

The Project Finance function at NGR is responsible for securing financing, primarily debt and tax equity, required to construct, own, and operate utility-scale renewable energy projects. The Project Finance team is responsible for making projects bankable and investable, translating a “developed” project into a fully funded operating asset.

Key Accountabilities

·Manage due diligence and closing process for financing transactions, including coordination with internal teams and external partners

·Support all aspects of project finance negotiations, including construction debt, term debt, tax credit transfers, and tax equity investments

·Interpret terms in financing agreements to identify issues that may impact project level and sponsor economics, and communicate findings to management

·Develop and manage financial models to analyze project and partnership level performance of operating projects

·Support project finance activities during construction, term conversion, equity funding and operations

·Manage project and portfolio-level financings for operating projects, including lender relationships and reporting activities

·Build and maintain strong relationships with banks, tax equity investors, financial advisors, lawyers, and other capital providers

·Inform strategy regarding a development project’s financability, potential hurdles, and optimal financing approaches

Technical Capabilities (Knowledge, Skill, Experience)

• ·Educated to Bachelor’s degree level infinance, economics, accounting, engineering or related field
• ·Experience 2-5 years in finance, banking, consulting, or related field
• ·Familiarity in reading and interpreting commercial contracts and agreements
• ·Experience with project, corporate finance debt, or equity transactions in power generation or energy/utilities sector preferred, but not required
• ·Experience in renewable energy, power, or infrastructure preferred, but not required
• ·Collaborative positive attitude
• ·Driven and self-motivated
• ·Analytical minded and detail-oriented
• ·Strong written and oral communicator
• ·Ability to adapt quickly to changing priorities
• ·Experience using Microsoft Office Suite

Pay Range for the posted level: Minimum of $113,000-142,000.00
We offer a comprehensive benefit package, including Medical, Dental, 401(k) and disability benefits.

National Grid Renewables believe fostering diversity, equity and inclusion is everyone’s responsibility. Open, honest and respectful ways of working, learning and communicating are the cornerstones of a successful business, and leveraging inclusion and diversity lead to better business results. At National Grid Renewables, we’re focused on creating a work environment where our people feel respected and included, and therefore empowered to be themselves.