Vice President, Project Finance
Charlottesville, VA 
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Posted 19 days ago
Job Description
Company Description

Apex Clean Energy was founded with a singular focus: to accelerate the shift to clean energy. Through origination, construction, and operation of utility-scale wind, solar, and storage facilities, distributed energy resources, and green fuel technologies, Apex is expanding the renewable frontier across North America. Our mission-driven team of more than 400 professionals uses a data-focused approach and an unrivaled portfolio of projects to create solutions for the world's most innovative and forward-thinking customers. For more information about how Apex is building the energy company of the future, visit.

Apex strives to excel in every phase of project realization, from origination and financing to construction and asset management. Our mission-driven team seeks determined, resolute individuals who strive to innovate and go above the call of duty, and who will relentlessly do their part to help accelerate the shift to America's clean energy future.

Job Description

The Project Finance Department is seeking a Vice President, Project Finance to lead tax equity and debt financing, and project sale transactions for renewable energy projects.

In this role, you will be responsible for driving the outreach, structuring, and documentation of tax equity, debt, and sale transactions while managing a deal team typically consisting of a financial analyst and one or more junior team members. Successful applicants will demonstrate their ability to apply their deep knowledge of the project finance market to negotiate and structure deals to optimize sponsor economics. You will be responsible for presenting potential transactions to senior management for review and input and advancing negotiations within approved boundaries. You will maintain relationships with key finance counterparties and stay informed of changes in the market.

This position requires direct experience with tax equity, debt and sale transactions for renewable energy projects, either as a project sponsor or investor. Deep familiarity with all elements of such transactions, including market standards for tax equity and debt sizing, terms, and risk allocation, is essential for this position.

Moreover, strong project finance experience in general is required, including the ability to develop creative approaches to address issues as they arrive in a negotiation, excellent communication and collaboration skills, the ability to synthesize and conceptualize complex ideas, and a passion for renewable energy.

  • Hours: Full Time
  • Type: Exempt
  • Department: Finance
  • Office Location: Headquarters in Charlottesville, VA

Responsibilities:

  • Manage tax equity and debt financing and project sales for utility-scale renewable energy projects from initial commercial target-setting to investor outreach and project marketing, bid analysis, counterparty selection and negotiation of term sheets and definitive agreements.
  • Review financial models (Microsoft Excel), validate inputs, and suggest changes to deal structures that meet investor requirements and improve sponsor economics. Work with internal team and outside consultants to optimize assumptions in the financial model and to provide analysis to support those positions in investor discussions.
  • Analyze prospective bids made by investors and present to senior management for decision-making; including analysis of sponsor economics, transaction structure and allocation of risk, key commercial issues, etc.
  • Lead deal negotiations and document review including coordination of internal deal team and due diligence.
Qualifications
  • Minimum of 10years direct professional work experience with project-level tax equity, debt and sale transactions in the renewable energy industry.
  • Understanding of and ability to work with financial models, particularly with regard to features specific to tax equity partnership transactions, including capital accounting, calculation of flip dates and DRO reversal dates, PAYGOs, and downside underwriting scenarios.
  • Proven ability to develop creative approaches to address issues as they arrive in a negotiation.
  • History of effectively leading project finance deal teams, demonstrating proactivity and ownership over the scope of work.
  • Ability to foster cohesive teamwork that delivers best-in-class service to clients.
  • Strong written and verbal communications skills.
  • Highly organized; able to juggle competing demands and follow through on deliverables with minimal supervision.
  • Professional presence with strong communication and presentation skills.
  • Builds trust by demonstrating high ethical standards and personal integrity.
  • Analytical problem solver who views obstacles as challenges.
  • Creative thinker who values innovation.
  • Proficiency in Microsoft Office (Excel, Outlook, PowerPoint, Word).
  • Willing to travel 10%.
Additional Information

Work Environment:

Works primarily traditional office hours in an indoor office environment. Flexible work hours allowed when work duties and business operations permit.

How You'll Grow

At Apex Clean Energy, our professional development plans focus on helping people at every level of their career to identify and use their strengths to do their best work every day. From entry-level employees to senior leaders, we believe there's always room to learn. We offer opportunities to help sharpen skills in addition to hands-on experience in the dynamic, fast-paced renewable energy industry. From on-the-job learning experiences to a robust multi-week onboarding experience to formal development programs, our professionals have a variety of opportunities to continue to grow throughout their career.

What Apex Can Offer You

At Apex Clean Energy, we know that great people make a great company. We value our people and offer employees a broad, best-in-class range of benefits.

  • A mission-driven, energetic environment that supports and encourages our people to do their best work every day.
  • A respect for and celebration of individuality, differences, and uniqueness
  • Collaborative and driven professional workforce committed to supporting your ideas and feedback and accelerating your potential
  • Ongoing support and guidance such as on-the-job learning, hands-on experience, and mentorship
  • Training, strategies, and tools to support your personal and professional growth
  • Team atmosphere of diverse professionals committed to making an impact as an organization
  • Opportunities to volunteer and give back to our local communities
  • Exceptional benefits such as medical and dental; 401(k) with corporate match
  • Base and bonus commensurate with experience
  • Responsible Paid Time Off plus standard company holidays
  • Benefits Offered: comprehensive high-deductible health plans, dental and vision insurance plans, short-term and long-term disability, group life insurance, 401(k) corporate matching, flexible spending arrangements, company paid parking and cell phone, fitness and wellness corporate discounts

Apex Clean Energy, Inc.is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status.

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Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Experience
10+ years
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