Company Overview
Intersect Power is a team of friends driven to preserve our planet for future generations through low-carbon energy and infrastructure solutions. Intersect Power is a privately held clean energy company bringing innovative, scalable, American-made, low-carbon solutions to its customers in global energy markets. We develop, own, and operate some of the world’s largest grid-tied clean energy resources, as well as co-located facilities for large industrial loads, including data centers, e-fuels, and other energy-intensive products. We are laser-focused on the largest, most transformative clean energy projects that decarbonize the existing power grid and bring new loads to clean generation without the need for new transmission. Intersect is redefining the scope of the clean energy industry by enabling new pathways between clean electricity and the broader economy. We are on an aggressive growth trajectory and are looking to fill key roles with talented professionals who want to make an impact.
Location & Team Gatherings
Intersect has been a fully flexible workplace since its founding in 2016. We’ve been very intentional about the way we do things. We are not work-from-home, hybrid, or in-office – we are any and all of those options! Deepening social connections and offering shared experiences is a cornerstone of the way we work. We connect as a team at our Team Week experiences four times a year and at our recently established Hub locations - SF Bay Area and San Diego, CA; NYC Metro Area, NY; Denver, CO; Houston, TX; Calgary, AB; and Toronto, ON.
About This Position
The Project Finance Specialist will be a key team member of the broader Capital Markets Team and will be supporting the team’s efforts in planning, optimizing, executing, and monitoring structured finance transactions, including non-recourse debt, tax equity, portfolio financings, and hybrid facilities. This position will report directly to a Manager on the Project Finance team and work closely with lenders, investors, consultants, attorneys, and internal stakeholders.
Overview of Department
Project Finance falls under the broader Capital Markets Team, and is currently comprised of thirteen members. The team is responsible for capital raising including Tax Equity, Construction Debt, Back-leverage, and other financing products to enable the broader growth of the business.
Responsibilities and Duties
- Own the transaction modeling for one or more ongoing project or hybrid financings, including construction financing, tax equity, back leverage, and hybrid/holdco financings
- Lead the project's due diligence and coordination, helping parties navigate key project contracts, economic terms, consultant reports, and other third party deliverables
- Assist in maintaining existing financing structures and ongoing fundings
- Act as a key team member in valuing IP's development asset portfolio and serve as a subject matter expert in various project forums, including offtake agreement structuring/pricing, EPC/procurement decisions, and development activities.
- Participate in special projects such as M&A activities, new market entry, new technology financeability/bankability, etc.
Qualifications and Skills
- Bachelor’s Degree, preferably in Finance, Economics, Accounting, Statistics, or similar quantitative fields
- Minimum of 1 year of experience in Renewables, Power & Utilities, or Infrastructure capital markets
- Expert proficiency in Excel, with some experience building and maintaining VBA based macros
- Experience managing internal and external stakeholders through large, complex processes on aggressive timelines.
- Candidates with experience in tax-advantaged transactions and structuring or experience working in US Power or Energy Markets will be strongly considered
*A note on qualifications: Studies have shown that women and people of color are less likely to apply for jobs unless they believe they are able to perform every task in the job description. We are most interested in finding the best candidate for the job and will consider any equivalent combination of knowledge, skills, education and experience to meet minimum qualifications. If you are interested in applying, we encourage you to think broadly about your background and skill set for the role.
Physical and Sensory Requirements
- Mostly sedentary work; using standard office equipment including: a computer, keyboard, and telephone.
- Position requires some travel for company-wide meetups: ~5 weeks total through a calendar year.
Reasonable Accommodations are available, including, but not limited to, for disabled veterans, individuals with disabilities, and individuals with sincerely held religious beliefs, in all phases of the application and employment process. To request an accommodation please email [email protected].
Salary & Benefits
- Salary: $90,000 - $95,000USD base salary with 20% annual target bonus
- Exceptional Healthcare: Access comprehensive medical, dental, and vision plans with 100% premium coverage for both you and your dependents.
- Financial Security: Benefit from a 3% non-elective employer contribution to your 401k, ensuring your financial future is on the right track.
- Time Off: Unlimited Paid Time Off (PTO) + two company-wide vacation weeks (Fourth of July & End of year). We believe in the importance of rest and relaxation.
- Family-Friendly Policies: Experience up to 12 weeks of fully paid parental leave, with an additional 6 weeks for birth parents. We support you through the exciting journey of parenthood.
- Mental Health and Well-being: Access mental health and behavioral coaching services through Headspace providing you with the support you need to thrive both personally and professionally.
- Family Planning Support: Navigate family planning with ease through our partnership with Carrot and Maven, ensuring a seamless experience for new parents.
- Perks: Enjoy a variety of perks, including a $150 USD monthly food stipend on UberEats, pet insurance allowance, and $150 USD monthly phone & internet reimbursement.
- Tech-Ready: Gear up with our new hire tech package, including a laptop, monitor, docking station, webcam, headphones, and more. Set up your home office with provided furniture, including a desk and chair.
At Intersect Power , we believe in fostering a supportive and enriching environment for our team members. Join us and experience a workplace that truly values you, inside and outside the office!
Note: We welcome applicants who do not have current enforceable non-compete restrictions that would hinder their employment with us. If you are currently under a non-compete agreement with a previous employer, we kindly request that you carefully review the terms of that agreement and ensure that your potential employment with us does not violate those terms.
Unsolicited resumes or referrals from third-party recruiting firms or agencies are not accepted by Intersect Power.
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What We Do
Founded in 2016, Intersect Power is a clean energy company bringing innovative and scalable low-carbon solutions to its customers in retail and wholesale energy markets. The company develops some of the world’s largest clean energy resources providing low-carbon electricity, fuels, and related products to customers across North America.