Full-Time

Project Finance Associate

Confirmed live in the last 24 hours

Scale Microgrid Solutions

Scale Microgrid Solutions

51-200 employees

Designs and operates microgrid energy solutions

Energy

Junior, Mid

New York, NY, USA

Full-time onsite position in NYC office.

Category
Corporate Finance
Investment Banking
Finance & Banking
Requirements
  • Bachelor’s degree in Finance, Accounting, or Engineering
  • 2+ years of relevant project finance experience either with a developer or commercial bank in renewable energy or power energy/power/utilities
  • Financial modeling skills coupled with good conceptual, strategic, and analytical thinking skills
  • Familiarity with legal documents and banking arrangements inherent in project financing
  • Exceptional written and verbal communication skills
  • Knowledge of financial markets including interest rate conventions, interest rate derivatives
  • Significant experience working as part of cross-functional teams, including internal and external stakeholders
  • MBA and/or CFA preferred
Responsibilities
  • Support closing and ongoing funding processes, including coordinating reviews and approvals across multi-functional teams, to bring the transaction to financial close under tight timeframes
  • Assist with structuring, negotiating, and executing project financing documents, including debt, tax equity, derivatives, and asset acquisition
  • Synthesize and model terms of construction loans, tax equity bridge loans, and sponsor equity with back-leverage loans in tax equity partnership structures
  • Work with internal and external stakeholders to develop and structure solutions to advance the project execution and investment, including but not limited to deal counsel, appraisers, independent engineers, market and insurance consultants
  • Implement quality assurance and quality control of relevant inputs to such models
  • Propose and implement relevant sensitivity analysis for investment opportunities
  • Advise internal stakeholders in understanding appropriate risk allocation and compatibility of terms and conditions of various project contracts with existing and pending financing arrangements
  • Support processes related to key project documentation and third-party reports, including PPAs, financing term sheets, and agreements. Provide feedback on IE reports, appraisals, insurance reports, etc., and accurately integrate assumptions into financial models
  • Lead due diligence efforts associated with capital markets processes (debt, tax equity) as well as M&A opportunities with developers and other sponsors/owners
  • Perform other duties and special projects, as assigned
Scale Microgrid Solutions

Scale Microgrid Solutions

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Scale Microgrid Solutions specializes in designing, building, financing, operating, and maintaining microgrid systems that provide localized energy solutions. These systems can operate independently or alongside the main power grid, using clean energy technologies like solar power and battery storage to deliver reliable and cost-effective energy. The company stands out by managing every aspect of their projects in-house, which leads to significant cost savings for clients, typically between 10-15% on annual energy expenses. Their goal is to enhance business sustainability and resilience through tailored energy solutions.

Company Stage

N/A

Total Funding

$525M

Headquarters

Ridgewood, New Jersey

Founded

2016

Simplify Jobs

Simplify's Take

What believers are saying

  • Acquiring 500 MW of community solar projects significantly expands their renewable energy portfolio and market reach.
  • Partnerships with companies like EO Charging enhance their capabilities in the growing EV market, promising robust growth opportunities.
  • The addition of Neil Maguire as CTO brings valuable expertise and leadership, likely driving further innovation and technological advancements.

What critics are saying

  • The complexity of managing vertically integrated operations could lead to operational inefficiencies and higher costs.
  • Dependence on large-scale projects and partnerships may expose the company to financial risks if these initiatives do not perform as expected.

What makes Scale Microgrid Solutions unique

  • Scale Microgrids' vertically integrated business model ensures high-quality service and cost efficiencies by managing every aspect of their projects in-house.
  • Their focus on microgrids and distributed energy solutions allows them to offer more resilient and sustainable energy options compared to traditional centralized power systems.
  • Strategic partnerships, such as with EO Charging, enable them to provide holistic and rapidly-deployable EV charging solutions, setting them apart in the market.

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