Senior Vice President, Capital Markets, Investments

Senior Vice President, Capital Markets, Investments & Project Finance - DG Solar Company

Our client is a fast-growing developer, owner and operator of community solar, distributed generation and energy storage assets in the US. They are hiring a Senior Vice President to lead capital formation, structured finance, investment underwriting, capital allocation and financial planning.

Reporting to the CFO, you will build and execute the financing strategies that fund the company's next stage of growth.

Key responsibilities

Capital markets and capital formation

• Develop and execute the capital markets strategy with the CFO, CEO and executive leadership team.
  
• Lead capital raising across project, portfolio, asset and corporate financing structures.
  
• Evaluate and execute financing options, including:
  • Construction debt
    
  • Term debt and back-leverage facilities
    
  • Tax equity and tax credit transfers
    
  • Preferred equity and growth equity
    
  • Corporate debt and revolving credit facilities
    
  • Joint ventures and portfolio financings
    
  • Structured capital solutions and asset-level refinancing
    
  • Other strategic financing arrangements
    
• Build financing strategies that balance cost of capital, liquidity, execution certainty, covenants, risk allocation and long-term enterprise value.
  
• Lead negotiations with commercial banks, institutional investors, infrastructure funds, tax equity providers, private credit providers, investment banks, rating agencies and other capital partners.
  
• Run financing processes end to end: market engagement, term sheets, diligence, documentation, closing and post-closing compliance.
  
• Maintain relationships with existing capital providers and open up new sources of institutional capital.
  
• Track capital markets conditions, interest rates, lender requirements, tax equity availability, investor appetite and renewable energy financing trends.
  
• Recommend when to finance, refinance, hold, sell, aggregate or otherwise monetise individual assets and portfolios.
  

Project and portfolio capitalisation strategy

• Set up a disciplined process for deciding which projects and portfolios to prioritise for capitalisation.
  
• Assess projects on development maturity, interconnection status, permitting, site control, subscriber readiness, offtake, revenue certainty, construction needs, tax credit eligibility, financing availability and projected returns.
  
• Work with Development, Project Finance, EPC, Asset Management, Subscriber Management, Legal, Tax, Accounting and Operations to judge project readiness and financing risk.
  
• Build and maintain a prioritised capitalisation roadmap for the development pipeline and operating portfolio.
  
• Recommend the best timing, structure and grouping of projects for financing.
  
• Decide whether projects are financed individually, aggregated into portfolios, placed in warehouse facilities, contributed to joint ventures or funded with corporate capital.
  
• Weigh how to deploy limited capital across community solar, commercial and industrial solar, standalone storage and hybrid solar-plus-storage.
  
• Identify capital constraints, concentration risks, funding gaps and dependencies that could affect construction schedules or commercial operation dates.
  
• Recommend corrective actions or alternative structures when projects fall short of capitalisation requirements.
  
• Monitor capitalised projects against underwriting assumptions, financing milestones, budgets and expected returns.
  

Project underwriting and investment analysis

• Lead financial underwriting for community solar, distributed generation, energy storage and related investments.
  
• Set consistent underwriting standards, investment criteria, risk classifications and minimum return thresholds.
  
• Evaluate project and portfolio economics, including:
  • Development, construction, interconnection and operating costs
    
  • Generation and production assumptions
    
  • Subscriber acquisition and management costs
    
  • PPA terms and community solar credit values
    
  • Renewable energy incentives, Investment Tax Credits and adders
    
  • Debt sizing and tax equity economics
    
  • Merchant versus contracted revenue exposure
    
  • Residual and terminal value
    
• Assess risks across development, interconnection, permitting, construction, supply chain, revenue, customer concentration, regulation, financing conditions and operating performance.
  
• Make sure investment recommendations combine quantitative analysis with a