Director – Project Finance
Posted on 3/22/2024
NineDot Energy

11-50 employees

Develops and operates urban battery storage sites
Company Overview
NineDot Energy, based in Brooklyn, New York, is a pioneering company in the energy sector, focusing on the development and operation of battery storage sites in the NYC metropolitan area, with a unique emphasis on vehicle-to-grid capabilities. Their approach merges business model innovation with community-centered solutions, which has led to significant financial backing from reputable institutions such as the U.S. Department of Energy, the New York State Energy Research and Development Agency, and the Carlyle investment group. The company's commitment to creating a cleaner, more equitable, and resilient urban grid, coupled with their strategic location at the NYU Tandon School of Engineering Urban Future Lab, positions them as a leader in the energy industry.
Data & Analytics
Hardware
Energy

Company Stage

Series C

Total Funding

$336.2M

Founded

2015

Headquarters

Brooklyn, New York

Growth & Insights
Headcount

6 month growth

4%

1 year growth

65%

2 year growth

330%
Locations
New York, NY, USA
Experience Level
Entry
Junior
Mid
Senior
Expert
Desired Skills
Financial analysis
CategoriesNew
Corporate Finance
Financial Planning and Analysis (FP&A)
Investment Banking
Finance & Banking
Requirements
  • Ten years of professional experience in project finance.
  • Master's degree in Finance, Accounting, Business Administration, or related fields.
  • Certified Financial Analyst (CFA).
  • Experience and knowledge in areas of project proposals, project finance management, and all the financial accountabilities related to multiple projects.
  • Experience in the energy, real estate, tax credit structuring, and prior project finance roles strongly preferred.
  • Strong financial modeling, presentation and computer skills.
  • Experience in equity and debt fundraising and optimizing capital structure.
  • Experience working with advisory firms leading multi-disciplinary teams and complex financial transactions.
  • Knowledge of project finance documentation and experience handling financial closing work either as a project developer or a financier.
Responsibilities
  • Manage, lead, and develop a high-performing Project Finance team.
  • Coordinate with banks, financial institutions and other capital providers, as well as consultants to structure and raise funds from various financial institutions/banks/lease finance companies.
  • Assess NineDot capital needs and design the most efficient way to finance them.
  • Coordinate due diligence, term sheet, negotiations, and documentation with finance providers.
  • Build complex “project finance” economic models from concept to future cash flows.
  • Screen new projects, define project description and scope, and conduct feasibility studies to determine the financial viability of new ventures projecting cash flow and growth opportunities.
  • Work closely with the project development team to identify, analyze and execute the most optimum financing solution for projects which include debt and tax/project equity.
  • Prepare, monitor, and ensure cash flows, fund flows, profitability statements, IRRs, Payback periods, DSCRs, projected profitability, and other financial parameters/reports to analyze inflow/outflow of funds and profits/surplus resulting thereof.
  • Recommend necessary corrective actions, and conduct financial research of similar companies and/or projects for benchmarking ratios and performance tracking.
  • Undertake all the necessary activities, i.e., collecting the information, preparing the projection model, finalizing the design, etc. to evaluate capital investment, proposals and calculate project/dividend IRRs, DSCRs, sensitivity analysis, etc.
  • Conduct a financial analysis of similar companies and/or projects for benchmarking ratios and performance tracking.
  • Coordinate debt facilities’ drawdown/repayment formalities and monitor compliance with financing conditions and obligations.
  • Provide consultative assistance and follow-up services on closed transactions as necessary.