Position Summary

HASI is currently seeking a Manager with renewable financing experience to join our team. This individual will work in the Investment Group, executing ongoing investments within HASI’s investment portfolio. The types of investments will primarily include distributed generation, solar, and storage projects. The core responsibilities of the role will include analyzing financial models, completing due diligence, reconciling financial documentation for transaction execution, and participating in ongoing portfolio asset management.

Responsibilities

Investing Activities

Manage transaction and due diligence processes for debt/equity investments and acquisition activity, including analyzing terms in underlying project agreements which may impact economic returns (i.e. operating agreements, financing agreements, and power offtake agreements).

Interface with clients and other stakeholders including legal, technical/engineering and portfolio management to support current and upcoming closings.

Support amendments and follow-on underwriting for existing investments.

Manage financing models, including underlying project operating pro forma’s, to analyze investments and evaluate the associated risks.

Work closely with cross-functional finance team (Investment Group, accounting, and engineering) to confirm appropriate assumptions for project investment models.

Capital Markets Activities

As needed, support the financing processes for investment level project finance transactions, including assisting in negotiation of documents, facilitating investor due diligence processes, and ownership of financing model.

Liaise for corporate due diligence requirements related to underlying project and portfolio investments.

Portfolio Management

Work closely with the members of the Portfolio Management and risk management teams to provide specific investment expertise to assist in commercial decision making relating to portfolio assets.

Specific Recommended Knowledge and skills

Very strong MS Excel financial modeling and data mining skills, with demonstrable experience developing and managing complex financial models.

Strong attention to detail.

Relevant industry experience in energy, banking, tax equity/equity investing, consulting or the energy/utilities sector.

Familiarity with energy project finance transactions and documentation.

Strong interpersonal skills with the ability and desire to work in a fast-paced, innovative, entrepreneurial environment.

Excellent written and verbal communication skills (to include listening).

Dependable and reliable, excellent at taking initiative, can work independently without close supervision, and be a supportive team member.

Education and Prior Work Experience

Bachelor’s degree from a four-year institution; CFA and/or MBA preferred.

At least 5 years of experience in finance in the renewable energy sector, ideally including tax equity partnerships, project finance and structured debt or equity finance.

Experience in modelling, ideally involving structured debt and equity investments, including knowledge of tax equity partnership flip and tax credit transfer for renewable energy assets.

Demonstrable experience with renewable energy project underwriting and closing.