What are the responsibilities and job description for the Structured Finance Manager position at Fervo Energy?
The Structured Finance Manager will work directly with Fervo’s Director of Structured Finance in capital raise activities for Fervo’s enhanced geothermal projects, including project equity, project debt, tax credit monetization, and various forms of public financing. The successful candidate will have a demonstrated ability to creatively structure project level capital raises and to effectively educate decision makers on the considerations of a variety of approaches. This is a unique opportunity to build and implement a framework for project finance that will revolutionize the structure and marketability of geothermal power development across the country. This position will report to the Director of Structured Finance.
Responsibilities
- Create, model, analyze, market, negotiate, and close innovative project finance structures that achieve the operational and commercial goals of Fervo Energy
- Prepare investor and financier materials related to project finance capital raises
- Manage legal, tax, technical, and insurance advisors to prepare for and respond to diligence requests and deal negotiations
- Provide support to project development team with respect to PPA pricing for RFP opportunities
- Support negotiations with financing counterparties for geothermal assets, including tax equity, construction debt, term debt, and other financial products
- Maintain and refine project pro forma screening model for Fervo’s development pipeline
- Manage deal team throughout the entirety of the deal life cycle
- Closely follow industry trends and competitors
Qualifications
- 3-5 years minimum finance experience in a transactional role, preferably working for a renewable energy IPP/developer, investment bank, or in another role performing detailed financial analyses
- Experience structuring, marketing, and closing project finance investments that involve project equity, mezzanine debt, construction loans, operating loans, and/or tax equity
- Experience modeling and analyzing project finance concepts
- Self-starter attitude, willingness to plan and execute with little oversight
- Passion for climate change and furthering of renewable energy
- Excellent interpersonal and communication skills
- Experience reviewing and negotiating contracts
- Entrepreneurial demeanor with demonstrated ability to partner with executives in driving results
Location
Fervo Energy is headquartered in Houston, TX. This position will be eligible for some hybrid work flexibility, but regular in-office presence at the Houston office will be required. Some travel is required for this position.
