VP, Project Finance

Everything we do at Sunrun is driven by a determination to transform the way we power our lives. We know that starts at the individual employee level. We strive to foster an environment you can thrive in through our commitment to diversity, inclusion and belonging.

The Vice President, Project Finance will be responsible for developing investor relationships, originating financial partnerships and structuring renewable transactions, including back leverage, cash equity, tax equity, and other financing opportunities. The Company is seeking an experienced renewable energy finance professional to serve as a leader in the group and play a key role in the development and implementation of innovative financing structures that drive the growth and profitability of the Company. This position will report directly to the Head of Project Finance and will manage several team members in the Project Finance Group that are involved in deal management as well as due diligence and financial modeling efforts.

Responsibilities:

• Playing a lead role in structuring, executing and maintaining residential solar financings, including working with law firms and external investment bankers to negotiate and execute capital markets transactions

• Maintaining existing relationships and developing additional sources of tax equity, debt and cash equity financing to support the breadth of the company’s development efforts

• Overseeing the company’s project finance projections and analysis

• Coordinating with multiple groups within the company to complete various 3rd party due diligence requests while developing expertise on all aspects of the Company’s business practices

• Supporting broader treasury, budgeting, and financial planning and analysis matters to ensure full internal alignment on financing obligations and expectations

• As part of an entrepreneurial organization and finance team, a willingness and desire to be involved in many aspects of the organization

Qualifications

• 8-10 years of experience with a developer, investment firm, or investment bank specializing in power/energy/utilities, including at least 3 years in the US renewables industry

• Bachelor’s degree

• MBA or Masters Degree preferred

• Experience in structuring, negotiating and closing various renewable energy financings, including tax equity partnerships, debt financings, and/or cash equity transactions

• Experience negotiating contacts, term sheets and other legal documents

• Financial modeling capabilities to review and support junior team members, as well as develop junior talent 

• Existing relationships with project finance and tax equity professionals in the sectors

• Curiosity around distributed generation, storage technology, as well as power markets more generally

• Strong organizational and people skills, combined with analytical and quantitative capabilities 

• Understanding of solar + storage renewable energy systems at a commercial level to be able to drive discussions with investors, independent engineers, and other relevant 3rd parties

• Strong executive-level communication & presentation skills

• Proven leader, motivator and mentor of junior employees

• The ability to remain calm under pressure, and regularly juggle multiple priorities

Recruiter:

Kimberly Nielsen ([email protected])

Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to acts, such as The Equal Pay Transparency Act. It assumes that the successful candidate will be located in markets within the United States that warrant the compensation listed. Candidates in locations outside this local area may have a different starting salary range for this opportunity which may be higher or lower.  Please speak with your recruiter to learn more.

Starting salary/wage for this opportunity:

$179,550.00 to $239,400.00

Other rewards may include annual bonus eligibility, which is based on company and individual performance, short and long term incentives, and program-specific awards. Sunrun provides a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, a retirement savings plan, paid holidays and paid time off (PTO). A candidate’s salary history will not be used in compensation decisions. 

This description sets forth the general nature and level of the qualifications and duties required of employees in this job classification, as well as some of the essential functions of this role. It is not designed to be a comprehensive inventory of all essential duties and qualifications. If you have a disability or special need that may require reasonable accommodation in order to participate in the hiring process or to perform this role if you are offered employment, please let us know by contacting us at [email protected].

Sunrun is proud to be an equal opportunity employer that does not tolerate discrimination or harassment of any kind. Our commitment to Diversity, Inclusion & Belonging drives our ability to build diverse teams and develop inclusive work environments. At Sunrun, we believe that empowering people and valuing their differences are essential for our mission of connecting people to the cleanest energy on earth. We are committed to equal employment opportunities without consideration of race, color, religion, ethnicity, citizenship, political activity or affiliation, marital status, age, national origin, ancestry, disability, veteran status, sexual orientation, gender identity, gender expression, sex or gender, pregnancy or any other basis protected by law. We also consider qualified applicants with criminal convictions, consistent with applicable federal, state and local law.