Acquisition Associate, Renewable Energy

Acquisition Associate, Renewable Energy

Baltimore, MD (Hybrid)

Overview

The Acquisitions Associate, Renewable Energy is a newly created opportunity within a rapidly growing renewable energy investment company and developer/owner of commercial solar sustainable infrastructure projects. This full-time position based in Baltimore, MD will be tasked with successfully managing the acquisition process of distributed energy projects and will engage the individual throughout the entire investment transaction execution process, including but not limited to credit analysis, underwriting, performing due diligence, market research, financial modeling, and deal execution.

This Associate level opportunity will offer a competitive compensation package between $150,000 and $160,000 plus excellent benefits, team culture, work-life balance, and professional development. Ideal candidates will have 4 or more years of professional experience including 2 or more years of recent experience within renewable energy projects specifically supporting project development phases from letter of intent (LOI) to Membership Interest Purchase Agreement (MIPA). This position will join a dynamic team based out of the company’s Baltimore office and will offer a 3 to 4 day a week in office work schedule. This is a unique opportunity to join an established industry leader with a history of providing viable solutions that meet the intricate challenges of economic performance and operational excellence.

Job Description

• Lead end-to-end acquisition process from term sheet execution to signing of definitive agreements.
• Drive processes and manage timelines to meet acquisition deadlines.
• Organized and lead weekly internal and external calls.
• Manage documentation process, ensuring a full accounting of all due diligence items and efficient management of data rooms.
• Act as key point of contact with selling parties in managing acquisitions.
• Assign key diligence tasks to team members (Engineering, Legal, Finance, Sales) and ensure timely completion of tasks.
• Review project agreements and assist senior company team members in negotiating commercial terms.
• Utilize strong financial analytical skills to support project and credit underwriting, due diligence, modeling, and transaction closing.
• Perform financial modeling on projects and economical related projection modeling
• Perform credit and project underwriting on potential deals and renewable energy projects
• Structure debt and equity transactions for a variety of energy efficiency projects up to $40M in scope.
• Analyze counterparty credit risk and produce internal credit ratings utilize various internal tools.
• Provide monthly reporting materials for private equity partnership such as liquidity trends, tax equity distributions, levered and unlevered equity returns, and sustainable impact of financed projects.
• Help evaluate and propose pricing for a variety of transaction structures
• Support project and process management as well as CRM and project database management

Qualifications

• Bachelor’s/Master’s degree (or equivalent) in business, finance, law, or related field preferred.
• Minimum of 4 years professional experience with related financial services or energy project development
• Minimum of 2 years’ experience developing or acquiring energy projects or operating assets.
• Solid transaction execution experience, with ability to manage multiple acquisitions simultaneously under tight deadlines.
• Deep knowledge of key contracts, in particular: MIPAs, Sale & Assignment Agreements, PPAs, EPC and O&M contracts.
• Ability to work on site at company's Baltimore office on hybrid bases up to 4 days a week as needed.
• Understanding of key real estate related documents: Surveys, Title Commitments and Policies.
• Ability to drive processes and close acquisitions.
• Skilled in coordinating internal and external parties.
• Effective oral and written communication skills.
• High attention to detail.
• Affable personality and positive attitude.
• Advanced knowledge of Microsoft 365 and Office applications.