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Full-Time

Director of Corporate Finance & Capital Markets

Posted on 8/20/2024

Antora Energy

Antora Energy

51-200 employees

Provides zero-carbon heat and power solutions

Industrial & Manufacturing
Energy
Social Impact

Compensation Overview

$196k - $235kAnnually

Senior, Expert

San Jose, CA, USA

Work location is onsite in San Jose, CA.

Category
Corporate Finance
Investment Banking
Finance & Banking
Required Skills
Marketing
Requirements
  • At least Bachelor's, preferably MBA degree in finance or related field
  • 5-10+ years of hands-on transaction execution experience across investment banking, venture capital, and private equity; preferably also in project finance
  • Energy and industrial infrastructure/ manufacturing industry experience required.
  • Expertise in complex financial modeling (corporate, project finance and valuation).
  • Strong transaction project management experience and at least initial team leadership experience.
  • Prolific principal author of deal marketing materials, including teasers, presentations, and information memoranda.
  • Strong relationships across capital providers in project finance, corporate, energy, and climate tech sectors are desirable.
  • Track record across the breadth of finance - corporate debt and equity; infrastructure/project finance; and tax equity.
  • Ability to work in a cross-functional teams in an entrepreneurial and startup environment, including managing the financial, legal, and commercial workstreams
  • Track record of establishing processes and systems.
Responsibilities
  • Responsible for leading key corporate finance (and potentially project finance) transactions, including raising equity, debt, tax equity, and structured products.
  • Responsible for leading tax credit monetization and financing strategies, as well as solving associated working capital requirements as it relates to delivering major industrial decarbonization projects.
  • Manage all aspects of transaction execution in close collaboration with our CFO, including marketing, negotiation of term sheets, structuring, financial modeling, investor due diligence, transaction documentation, and internal project management.
  • Lead due diligence and manage our data rooms.
  • Develop and maintain valuable relationships with debt, tax equity, and equity investors as well as strategics.
  • Develop and work with complex corporate and project finance models. Able to build models independently and mentor others.
  • Work with Antora leadership to develop an innovative financing roadmap for Antora.
  • Organize and manage the process to obtain third-party reports to support finance work including but not limited to independent engineer reports, insurance reports and market studies.
  • Draft marketing materials for capital raising including teasers, investor presentations, and investment memoranda.
  • Present financing and transaction proposals. Strong understanding of financing across asset classes (VC, PE, and project finance).
  • Recruit and manage top analysts and associates to join Antora’s ambitious financing efforts.
  • Be a culture role model for a finance team in formation.

Antora Energy focuses on providing zero-carbon industrial heat and power through renewable energy solutions. The company uses thermal energy storage to convert excess solar and wind electricity into heat, which is stored in carbon blocks. These thermal batteries can deliver heat or electricity on demand, reaching temperatures up to 1500°C. Antora Energy's business model revolves around producing and selling these thermal batteries to heavy industries, such as manufacturing and processing plants, that need large amounts of heat and power. This approach helps industries reduce their carbon emissions while offering a cost-effective alternative to fossil fuels. Antora Energy aims to support the decarbonization of heavy industries, tapping into a significant market opportunity for cleaner energy solutions.

Company Stage

Series B

Total Funding

$213.1M

Headquarters

Sunnyvale, California

Founded

2018

Growth & Insights
Headcount

6 month growth

40%

1 year growth

133%

2 year growth

382%
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Simplify's Take

What believers are saying

  • Receiving $14.5 million from ARPA-E and $150 million in Series B funding highlights strong financial backing and confidence in their technology.
  • Partnerships with major utilities like Con Edison can accelerate the adoption of their technology in key markets.
  • The potential to tap into a multitrillion-dollar market for industrial decarbonization presents significant growth opportunities.

What critics are saying

  • The high initial costs of setting up thermal energy storage systems may deter some potential clients.
  • Dependence on continuous advancements in renewable energy technology could pose challenges if the pace of innovation slows.

What makes Antora Energy unique

  • Antora Energy's thermal energy storage technology uniquely converts excess renewable energy into high-temperature heat, setting it apart from traditional battery storage solutions.
  • Their focus on heavy industries requiring high-temperature heat up to 1500°C addresses a niche market that many renewable energy companies overlook.
  • The use of low-cost, earth-abundant carbon blocks for energy storage offers a cost-effective and scalable solution compared to other storage technologies.
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