Decarbonizing the energy sector is an urgent challenge and geothermal energy can play a central role. We are expanding our team to help make this vision a reality. Fervo Energy has developed technology to make geothermal power scalable and cost-effective. Join us and work alongside world-class engineers, researchers, investors, and developers in making geothermal a key pillar of our climate-friendly energy future.

DESCRIPTION

The Director of Structured Finance & Tax Equity will work with Fervo’s Chief Financial Officer to build and implement Fervo’s strategy around project finance. Fervo currently has executed PPAs requiring the deployment of $400 million over the next several years and is seeking a proven project finance professional to lead the structuring, marketing, negotiation, and closing of all project capital raises. 

The successful candidate will have a demonstrated ability to creatively structure project level capital raises and to effectively educate decision makers on the considerations of a variety of approaches. This is a unique opportunity to build and implement a framework for project finance that will revolutionize the structure and marketability of geothermal power development across the country.

RESPONSIBILITIES

• Create, model, analyze, market, negotiate, and close innovative project finance structures that achieve the operational and commercial goals of the company
• Prepare investor and financier materials related to project finance capital raises
• Lead legal, tax, technical, and insurance advisors to prepare for and respond to diligence requests and deal negotiations 
• Build a team capable of creating and driving innovative project finance structures 
• Support the full lifecycle of project finance raises, including i) developing and maintaining relationships with banks, project equity investors, advisors, and other financiers; ii) drafting, maintaining, and negotiating transaction documents; iii) developing responses to diligence inquiries; iv) building and maintaining database of financing terms and obligations; and v) ensuring optimization of post-COD asset capital structures

REQUIRED QUALIFICATIONS

• 8+ years of experience in project finance at a power company, investment bank, or investment fund
• Experience structuring, marketing, and closing project finance investments that involve project equity, mezzanine debt, construction loans, operating loans, and/or tax equity
• Experience modeling and analyzing project finance concepts
• Experience growing and building a team fit to tackle complex project finance transactions
• Self-starter attitude, willingness to plan and execute with little oversight
• Passion for climate change and furthering of renewable energy
• Excellent interpersonal and communication skills
• Experience reviewing and negotiating contracts
• Entrepreneurial demeanor with demonstrated ability to partner with executives in driving results