T

TAR

Off-grid power plants for AI data centers

VP of Corporate Development

Corporate StrategyConfirmed live in the last 24 hours
Full-timeNo salary listed

About the Job

Requirements

  • At least 10 years of experience in corporate development, investment banking, infrastructure private equity, or project finance, with significant experience in power or energy infrastructure.
  • A track record as the accountable deal owner on complex transactions taken from first conversation through close, including capital raises, offtake agreements, joint ventures, or mergers and acquisitions.
  • Deep command of project finance structures, including special purpose vehicles, non-recourse debt, tax credit monetization, and how commercial terms drive debt sizing and underwriting.
  • Experience negotiating long-tenor commercial agreements directly with counterparties and their counsel, particularly power purchase agreements or comparable offtake agreements.
  • Strong modeling capability, including building, auditing, and defending valuation and project finance models behind own deals.
  • Proven ability to run multiple live transactions in parallel and direct external counsel and advisors on aggressive timelines.
  • Excellent written communication for preparing precise, decision-ready investment memos, term sheets, and board materials.

Responsibilities

  • Own project equity raises for campus special purpose vehicles by building materials and models and running investor processes from initial outreach through term sheets, diligence, documentation, and close.
  • Lead debt execution across construction and project-level facilities, federal credit programs, and investment tax credit monetization, driving lenders and counsel from term sheet to close.
  • Structure and close project financing for gas generation assets alongside solar and storage campuses.
  • Support the CEO on corporate equity raises, owning the model, materials, data room, and investor diligence.
  • Lead power purchase agreement negotiation and structuring with data center customers, balancing price, tenor, and credit support against financeability.
  • Structure and negotiate joint ventures and partnerships with independent power producers and engineering, procurement, and construction firms, from initial discussions through definitive agreements.
  • Source, evaluate, and execute mergers and acquisitions across developers, land portfolios, and technology, owning valuation, diligence, negotiation, and integration.
  • Drive land acquisition and deal structuring for new campuses, forming special purpose vehicles, offtaker vehicles, and project companies with counsel and tax advisors so every asset remains financing-ready.

Desired Qualifications

  • Experience financing or contracting islanded, behind-the-meter, or single-offtaker assets outside the standard utility power purchase agreement model.
  • Data center or digital infrastructure transaction experience on the offtake, capital, or mergers and acquisitions side.
  • Transaction experience spanning both renewables and gas-fired generation.
  • Familiarity with federal credit programs and government-backed financing for energy or critical infrastructure.
  • Existing relationships with investors, lenders, independent power producers, and data center operators active in United States power, particularly the Electric Reliability Council of Texas.

About the Company

TAR

Off-grid power plants for AI data centers

TAR builds and operates behind-the-meter power plants for AI data centers that cannot wait out a utility interconnection queue. The company designs islanded microgrids pairing solar, battery storage, and gas peakers, then manufactures, installs, and runs them, handling power electronics, microgrid controls, dispatch software, and site construction in-house. Compared with grid interconnection, which can take years to clear, an off-grid plant can be sited and energized on the developer's own schedule, and TAR says it is working with a large compute provider and targets 5 GW by 2028. Its goal is to remove power as the constraint on AI buildout by owning generation end to end.

Company size
11-50
Company stage
Series A
Total funding
$147M
Headquarters
Texas, United States
Founded
2025

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