Vice President, Project Finance

Reporting to: Vice President, Capital Markets

Location:  San Francisco Bay Area or New York, although you may be performing the bulk of your work remotely during the next few months

Position Mission:  Generate Capital is hiring a Vice President of Project Finance to join our Capital Markets team.  The mission of this role is to support capital formation efforts with project debt solutions and expertise.

ABOUT GENERATE CAPITAL

Generate Capital has emerged as a leader in the high-growth sustainable infrastructure market, having built a highly differentiated investment and operating platform with a track record of strong risk-adjusted returns and significant, long-term institutional investor support.  Our investment platform represents the only one-stop shop for pioneers of the Resource Revolution.  Our infrastructure business wins by delivering the most affordable, reliable and sustainable resources to customers.

The last several decades have ushered in a dramatic rise in demand for natural resources like energy, water, food, and materials. The “Resource Revolution” is about doing more with less of our natural resources, a fundamentally economic proposition proving that sustainability pays.  We believe that we can solve the world’s most pressing resource issues, not by reinventing the world, but by rebuilding it.  While some focus on finding new and revolutionary tools, we rebuild resource systems with the high-impact, economic, and proven solutions we have today.  As a result, customers, communities, innovators, developers, capital partners and the planet all win.

Up until now, new energy asset finance (a $300B annual market) has been dominated by larger-scale projects that tend to attract traditional capital sources. Generate Capital, on the other hand, is focused on being a capital partner to pioneering project developers and solution providers that are typically overlooked by traditional financiers for a variety of reasons: asset size, underwriting complexity, project duration and perceived risk. As a long-term investor with truly permanent capital, Generate Capital is the only credible long-term partner for these pioneers, and the best infrastructure provider for these resource customers.

With a $10B pipeline of projects, completed transactions totaling over $2.5B and a utility-like, pay as you go model (which we call Infrastructure-as-a-ServiceTM), Generate Capital has quickly established itself as a leader in the enormous markets of distributed energy, mobility, water and waste management.

What you can expect from us:

• The ability to truly “do well by doing good”; indeed, we really are changing the world
• An opportunity to help build a cutting edge, values-driven organization that is leading the Resource Revolution and redefining the economics of distributed, sustainable infrastructure
• The integration of our values – integrity, collaboration, excellence, intellectual honesty, and accountability – at all levels and with our many stakeholders
• An opportunity for entrepreneurship and leadership in building out and managing the company’s operational infrastructure and the teams to support it
• A commitment to your professional development, ongoing learning opportunities, and overall growth as a person
• The ability to work with a team with decades of collective experience financing and managing billions of dollars of sustainable infrastructure, leading successful startups, and growing great people
• Competitive pay and benefits

ABOUT THE POSITION

We are looking for an experienced project finance professional to lead the successful structuring, negotiation and closing of third-party capital for Generate’s sustainable infrastructure assets. Using your strong project financing transaction expertise and comprehensive market knowledge you will manage deal execution, coordinate with internal stakeholders and external partners and be responsible for due diligence, modeling, documentation, closing and funding transactions to established timelines.

You are incredibly analytical and quantitative while also a great communicator and relationship builder, looking to apply your relevant banking or finance experience to help scale a young business through our capital resources and profile.

What you will be doing at Generate Capital as a Vice President, Project Finance:

• Work as part of a small (but growing) team as an integral part of the capital markets strategy
• Develop and execute on project finance debt and tax equity structures that allow the company to finance assets and portfolios most efficiently
• Work with the investment team on identifying, pricing and structuring project finance and tax equity transactions, including term sheet development and overseeing the diligence process
• Lead a deal team on project level financings, proactively driving deal structuring and negotiation and bringing transactions to a successful closing
• Partner cross-functionally with our deal, asset management, and financial operations teams to drive strategy and optimize tactics as it relates to capital markets
• Build and oversee financial models to perform comparison and financial valuation analyses on potential capital structure optimization initiatives
• Build and maintain strong relationships with project finance banks and other relevant investors
• Prepare materials used for investor, management and board-level presentations in order to support capital management decisions
• Keep up with relevant industry trends and information through research reports and news releases
• Monitor financial market and insurance industry developments and assess their impact on the business and strategy

Candidate qualifications & core characteristics:

• A demonstrated passion for, and commitment to, our mission
• Undergraduate degree in a quantitative discipline or equivalent work experience, with outstanding academic record and high level of personal integrity
• 6-8 years of relevant industry experience with a demonstrated track record of structuring and closing on project finance debt transactions (e.g. project & structured finance team in a bank or sponsor, investment banking, leveraged finance)
• Power or renewable energy industry experience is a plus
• Proven experience negotiating and closing complex financing agreements; experience managing internal deal teams as well as external consultants and lawyers to a deadline
• Established network of relevant industry contacts and the drive to build and maintain a strong network of long-term relationships
• Outstanding analytical / quantitative and technical abilities, including expert command over project finance modeling concepts; prior tax equity structuring and modeling experience is a plus
• Strong understanding of project finance concepts, accounting and financial statements
• Excellent PowerPoint and presentation skills
• Flexibility: We seek an individual who is both creative and commercial and who is comfortable managing multiple work streams and projects concurrently in a fast-paced environment
• Strong interpersonal skills and the desire to work with both internal and external stakeholders
• Ability to think creatively and critically and thrive in a dynamic, and often ambiguous work environment
• Intelligence and humility; unimpeachable integrity and glowing references
• Outstanding communication and interpersonal skills, including empathy, intuition, and listening as well as strong writing, editing, and basic design skills.
• High level of self-awareness and humility, with excitement about confronting uncomfortable situations or new challenges
• Intellectual agility, curiosity, and creativity; problem-solving is your default mode
• Entrepreneurial spirit: flexibility, comfort with risk, recognition that “perfect can be the enemy of the good”

Generate Capital is an equal opportunity employer and does not discriminate against otherwise qualified applicants on the basis of actual or perceived race, color, creed, religion, ancestry, citizenship status, age, sex, marital status, sexual orientation, national origin, disability or handicap, veteran status, or any other characteristic protected by applicable federal, state, or local laws.