What are the responsibilities and job description for the Manager Project Finance position at Kindle Energy?
Kindle Energy LLC is a leading power generation company in the United States and Canada, specializing in management, optimization, and development. It is a portfolio company of The Blackstone Group, a global alternative asset manager with over $1 trillion in assets under management.
The company currently manages 9 GWs of generation across Ohio, Indiana, Louisiana, and Texas, with a 700 MW CCGT project in Louisiana and two 170 MW peaking projects in Colorado under construction.
Manager Project Finance & Analysis Role:
This key position supports the development of innovative financing strategies for development projects, acquisitions, and existing portfolio companies. Based in Princeton, NJ, the role involves frequent interaction with the executive management team and requires minimal domestic US travel.
Responsibilities:
- Financial Modeling: Develop and maintain financial models and forecasts for project development, construction, operations, and related financings.
- Quantitative Analysis: Provide pricing support to the development team for Power Purchase Agreements (PPAs) and other off-take arrangements.
- Funding Analysis: Analyze and forecast funding sources, uses of capital, and liquidity needs to ensure alignment with project milestones and financing requirements.
- Project Financing: Collaborate on structuring project financing solutions, including debt sizing, cash flow modeling, and sensitivity analysis to optimize project economics.
- Cross-Functional Collaboration: Work with project development, construction, and finance teams to ensure alignment on financial assumptions and modeling inputs.
- External Stakeholder Management: Interact with banks, lenders, and external stakeholders to provide support for financial models and address inquiries related to project financing.
- Presentation Support: Assist in preparing presentations on potential investments for diverse audiences, including management, sponsors, and lenders.
- Post-Financial Close Monitoring: Monitor the financial performance of projects, ensuring adherence to forecasted financial structures and reporting to investors and lenders.
Qualifications:
An undergraduate degree in Finance, Engineering, Accounting, Economics, Mathematics, or a similar quantitative field is required. An MBA, CFA, or graduate-level degree in Finance is favorably considered.
Required Skills:
- A minimum of 4-6 years of experience in business development, project finance, or structured finance, with experience developing financial projections and pricing for new build power plants strongly preferred.
- Prior experience in the power generation/renewables/energy industry is required, with familiarity with PPA structures, energy markets, and general power plant operations strongly preferred.
- Exceptional analytical and problem-solving capabilities associated with project financing, construction projects, and off-take agreements are essential.
- Demonstrated ability to work collaboratively in a team environment and communicate effectively across different departments involved in project development and finance.
- Advanced knowledge of Excel and financial modeling is required.
- Experience interacting with banks, lenders, or other financial institutions regarding modeling and financing-related topics is desired.
- Ability to manage and organize detailed data and present results clearly and concisely is crucial.
- Strong oral and written communication and interpersonal skills are necessary for successful interaction with board members, senior management, peers, subordinates, and external constituencies.
- Proven abilities to maintain confidential and proprietary information are essential.
- Detail-oriented with the ability to manage multiple priorities simultaneously and work effectively under tight deadlines.