About the Role
The Manager, Project Finance, will be a key team member responsible for analyzing and leading various financing options for Treaty Oak’s utility-scale solar and battery portfolio. This role involves managing financial models, tax credit monetization, project debt, and equity buyouts, reporting to a Senior Manager, Project Finance.
Responsibilities
- Develop and manage fully structured project financial models to analyze project, partnership, and sponsor level performance of solar and storage projects, then synthesize and communicate summaries to senior management
- Prepare marketing materials (e.g. teasers and CIMs) for internal and external stakeholders / financing processes
- Manage financier selection, due diligence, documentation, and closing process for debt and tax credit monetization transactions, coordinating with both internal SMEs and external consultants, lawyers, and financing partners
- Procure and scrutinize third party reports (e.g., IE, transmission, market, insurance, tax projections, and ITC cost segs) and project documentation (e.g. PPAs, EPC agreements, GIAs, equipment supply agreements, and O&M contracts) to accurately determine and integrate assumptions into financial models
- Support the Development, Engineering, and Procurement departments on early-stage evaluation of potential financing structures and key project characteristics (e.g. DC:AC ratios, equipment selection, and tax abatements)
- Manage, mentor, and provide guidance to junior team members
- Communicate and build relationships effectively with both internal teams and external stakeholders
Requirements
- 5+ years of renewable energy experience in project finance, corporate finance, or investment banking
- Exceptional Microsoft Excel & PowerPoint skills, with advanced knowledge of Microsoft Excel formulas, financial model creation and best practices, and comfort understanding typical project finance macros / VBA code
- Knowledge of renewable energy (solar and storage) project economic drivers and related tax incentives
- Understanding of current tax credit monetization structures (e.g. partnership flips, credit transfers, hybrid, and accommodation partner / preferred equity structures) and construction-to-term debt financing, with a capability to economically model such structures
- Comfort working in a demanding, deal-oriented team with recurring deadlines
- Experience creating marketing materials, including teasers and CIMs, and managing external-facing data rooms
- Outstanding critical thinking skills, inquisitiveness, and resourcefulness / ability to work independently
- Ability to dynamically prioritize various tasks and meet assigned deadlines in a fast-paced and ever-changing environment
Skills
- Microsoft Excel
- Microsoft PowerPoint
- Financial modeling
- Project finance
- Corporate finance
- Investment banking
- Renewable energy project fundamentals
- Debt financing
- Tax credit monetization
- Marketing materials creation
- Critical thinking
- Communication
- Relationship building
Location
- Austin, Texas
Work Type
- Full-time
Experience Level
- Manager
Salary/Compensations
- Highly competitive and commensurate with experience
Benefits
- Unlimited paid time off
- Paid holidays
- Cell-phone stipend
- 401K
- Fully paid health benefits plan for employees (Medical, Dental, and Vision)
About the Company
- Treaty Oak Clean Energy, LLC (Treaty Oak) is a clean energy platform focused on developing, commercializing, building and operating utility-scale solar plus battery storage projects in targeted US energy markets.
- Our mission is to create a sustainable future by providing clean, low-cost energy solutions to the grid benefiting energy consumers, communities, and generations to come.
- Treaty Oak is a wholly-owned portfolio company of Macquarie Asset Management (Macquarie), pairing Treaty Oak’s renewables development expertise with Macquarie’s capital backing.
- Headquartered in Austin, Texas, Treaty Oak’s portfolio consists of 20 GW+ of in development and in construction utility scale renewable projects across the United States.
- Treaty Oak features an experienced management team with a track record of developing and commercializing 9 GW+ of utility-scale power projects and a collective 100+ years’ experience across critical competencies, including power markets, offtake structuring, design, engineering and real estate.
Equal Opportunity
- Treaty Oak is an equal opportunity employer. We celebrate diverse backgrounds and thoughts and welcome everyone to apply for employment with us.
- We are committed to fostering an environment that is inclusive, transparent, and collaborative.
- Mutual respect is central to how Treaty Oak operates, and we believe the best solutions come from diverse perspectives, experiences, and skills.
- We embrace our differences and know that we are stronger working together.
