Manager, Structured Finance

Fervo Energy Co.; Houston (TX); Hybrid; USD 180,000 - 280,000; Full time

Job summary

Fervo Energy Co. is seeking a Manager, Structured Finance to lead capital raises including project finance debt, equity, tax equity, and hybrid structures. The role partners with Finance, Development, Engineering and Legal to drive diligence, manage workstreams, and keep financings on track from term sheet to close.

You will lead a team of associates and analysts, coordinate with lenders, investors and advisors, and deliver rigorous financial analysis to support portfolio value creation.

Qualifications

• 4–7 years in project finance or energy/infrastructure investing.
• Strong ability to model capital stacks and perform financial analysis.
• Proven experience managing data rooms and diligence across multiple deals.

Responsibilities

• Lead deal execution from term sheet to closing.
• Manage diligence, data rooms, and information requests.
• Support capital stack design and negotiations.
• Coordinate drafting of transaction documents with Legal.
• Deliver investment materials and status updates to leadership.
• Collaborate with Engineering, Legal, Accounting for financeability.

Skills

Project finance

Lender coordination

Financial modeling

Diligence process

Structuring analysis

Job description

TheManager, Structured Financeis responsible for quarterbacking the execution of capital raises, including project finance debt, project equity, tax equity, and hybrid corporate / project capital funding structures.

Fervo is building the most cost-effective, repeatable geothermal power plants in the world. Achieving this at scale requires disciplined capital execution and innovative financing structures across a growing portfolio of projects. Fervo's success depends on deploying capital efficiently, managing risk across development and construction, and aligning investment decisions with long-term value creation.

We are seeking a Manager, Structured Finance to serve as an execution lead across Fervo's capital raises. This role will work closely with Finance, Development, Engineering, and Legal to drive diligence, manage transaction workstreams, and keep financings on track from term sheet to financial close – in support of long-term portfolio value creation. You will join a team that has successfully raised nearly $4bn of capital to date, including Fervo's first non-recourse project financing.

Description

TheManager, Structured Financeis responsible for quarterbacking the execution of capital raises, including project finance debt, project equity, tax equity, and hybrid corporate / project capital funding structures. The role will drive diligence, manage transaction workstreams and documentation, and keep financings on schedule from structuring through financial close while maintaining high standards of technical rigor, commercial outcomes, and execution quality.

Reporting to the Director, Structured Finance, this role will lead a team of Associates and Analysts and serve as the day-to-day execution lead on one or more concurrent transactions, managing diligence, documentation, and closing mechanics directly with lenders, investors, and advisors. This is a hands-on execution role for a highly organized, detail-oriented finance professional with a proven ability to manage complex infrastructure financings end-to-end and maintain momentum across negotiations, documentation, and closing timelines.

Responsibilities

• Quarterback Deal Execution:Serve as the day-to-day execution lead on capital raises, including project finance debt, project equity, tax equity, and hybrid corporate / project structures. Drive transaction timelines and keep financings moving from term sheet through financial close.
• Diligence & Data Room Management:Own the diligence process for active transactions, including organizing and maintaining data rooms, responding to lender and investor information requests, and coordinating diligence workstreams across internal teams and advisors.
• Structuring & Negotiation Support:Support capital stack design and transaction structuring, balancing project economics, tax efficiency, risk allocation, and bankability. Serve as a day-to-day point of contact in negotiations and manage transaction-level communication with lenders, equity investors, tax equity providers, and strategic partners.
• Documentation & Transaction Materials:Coordinate the drafting, review, and negotiation of transaction documents alongside Legal and external counsel, tracking open issues to resolution. Prepare investment materials, decision memos, and transaction status updates that clearly summarize structure, economics, and execution status for senior leadership.
• Cross-Functional Integration & Risk Management:Coordinate closely with Engineering, Development, Legal, Accounting, Tax, and Asset Management to ensure projects are financeable, accurately modeled, and operationally executable. Flag and help resolve execution risks that could impact closing timelines or transaction quality.
• Financial Modeling & Analysis:Build and maintain financial models supporting capital stack analysis and transaction structuring. Ensure clean and complete handoff of closed transactions to Portfolio Management, including documentation and compliance requirements.

Required Qualifications

• 4-7 years of experience in project finance, infrastructure investing, energy finance, or investment banking, with direct experience executing complex transactions
• Strong technical understanding of project finance debt, tax equity, and capital stack structuring, with the ability to support financial modeling and structuring analysis
• Demonstrated ability to manage diligence processes, data rooms, and documentation workstreams across multiple concurrent transactions
• Experience coordinating with lenders, equity investors, and tax equity counterparties on transaction execution
• Highly organized and detail-oriented, with strong execution discipline and the ability to manage competing priorities in a fast-moving, technical environment

Location

Fervo Energy is headquartered in Houston, TX with growing offices in the Oakland, CA, Golden, CO, Reno, NV and Salt Lake City, UT. This position is eligible for hybrid work fromHouston.Some travel will be required.

Fervo Energy commercializes technology to own, develop, and operate geothermal assets as the dispatchable foundation to a 100% clean energy future. As a 24/7, reliable clean energy resource, geothermal energy has a major role to play in the future electric grid and Fervo Energy's key innovations bring a full suite of modern technology to make geothermal cost competitive. Fervo's innovations include technologies such as advanced computational models, horizontal drilling, and distributed fiber optic sensing that we have developed with partners including Schlumberger, ARPA-E, and the Lawrence Berkeley National Lab. Fervo is supported through Cyclotron Road, the Department of Energy, Stanford University, and Breakthrough Energy Ventures.

Fervo Energy is an Equal Opportunity Employer and does not discriminate on the basis of race, color, creed, gender, religion, marital status, registered domestic partner status, age, national origin, ancestry, physical or mental disability, medical condition, sex, genetic information, sexual orientation, military and veteran status or any other consideration made unlawful by federal, state, or local laws. It also prohibits unlawful discrimination based on the perception that anyone has any of those characteristics or is associated with a person who has or is perceived as having any of those characteristics.