Project Development Associate

  • Generate Capital
  • San Francisco, CA
  • Mar 31, 2021

Job Description

Project Development Associate

 

INTRODUCTION

Generate is hiring a Project Development Associate to manage and coordinate late stage development activities from the owner’s perspective. The position will initially focus on Community Solar, but over time is expected to evolve in cover other asset classes. Reporting to the Director of Project Delivery, the mission of this role is to ensure that all project development tasks are understood, tracked, and completely in order to facilitate a smooth and timely transition to construction and operations.

 

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.  The objective of our infrastructure business is to deliver the most affordable, reliable and sustainable resource systems to customers. 

The last several decades have ushered in a dramatic rise in demand for natural resources like energy, water, food, and materials. We invest in what McKinsey is calling the “Resource Revolution”: doing more with less of our natural resources. Thanks to these increasingly mature resource-related technologies, distributed, networked infrastructure is the most cost-effective and reliable way to produce critical resources (energy, food, water, materials). We believe that we can solve the world’s most pressing resource issues — and we don’t need to reinvent the world to do so.  We need to rebuild 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.

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, and 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 YOU

You are a detailed-oriented, proactive, highly organized self-starter looking to further a career in development or project management in the sustainable infrastructure field.

 

What you will be doing at Generate Capital as a Project Development Associate:

For Generate owned projects in construction or development

  • Thoroughly understand the details, key milestones, and deliverables associated with projects under development in order to ensure seamless handover to the ongoing operations team and other internal stakeholders
  • Identify and complete a variety of administrative tasks related to project development, such as asset ownership transfer forms, incentive program applications/registrations, interconnection and permitting paperwork, and insurance applications
  • Onboard new vendors and landowners and initiate payment processes
  • Collect, organize, and quality control asset and transaction-related information
  • Read contracts and create summaries of contractual deliverables
  • Track project progress and deliverables; ensuring that responsible parties are aware of requirements and keeping records of compliance
  • In cooperation with other departments, project manage processes such as creation of new legal entities, bank account setup, insurance procurement, regulatory filings, and PILOT applications
  • Facilitate handover meetings with other support teams within Generate, such as Construction, Accounting, and Tax
  • Work with Generate Capital Investment Team to identify and track project deliverables for both developer and Generate Capital.
  • Assist in site diligence in conjunction with internal teams and consultants including critical issues screening, preliminary design and energy model, landowner issues, utility and landowner issues.
  • Identify project risks and develop mitigation efforts.

 

Candidate requirements and qualifications:

  • 2+ years’ experience in construction or development administration and/or project management, with some exposure to solar PV projects preferred. Candidates with considerably more relevant experience may be considered for a more senior role
  • Exceptional attention to detail, organizational skills, and follow-through
  • Effective written and oral communicator capable of motivating colleagues and external parties to collaborate and respond to requests
  • Some knowledge of GAAP project accounting and basic finance concepts is preferred
  • Proficient in the Microsoft Office suite. Prior exposure to Salesforce helpful
  • A 4-year degree or equivalent work experience and certifications

 

Location and Travel Requirements

  • Position will be based in San Francisco, CA
  • Travel may be required up to 10% of the time comprising visits to sites, partners, vendors, and customers

 

 

 

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, gender identity, national origin, disability or handicap, veteran status, or any other characteristic protected by applicable federal, state, or local laws.

Organization Type

Company

Sectors

Energy

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