Transaction and Diligence Specialist
root/edge
About the Opportunity
root/edge is partnering with a leading renewable energy company that develops, builds and operates distributed generation solar and battery storage projects across the United States. As a developer they are growing quickly and looking for a Transaction and Diligence Specialist to lead diligence on project and portfolio acquisitions.
In this role, you will support project valuation, risk management and investment decisions throughout the solar development lifecycle. You’ll get hands on exposure to solar development, project acquisition, project finance and energy regulation in a fast-growing environment.
What You’ll Do
- Lead diligence on portfolio acquisitions and development activities, working with partners and internal teams across site acquisition, real estate and title, interconnection, engineering, survey, permitting, environmental, offtake, incentives and policy
- Coordinate and track key deliverables with internal teams and outside legal, zoning, environmental, interconnection and engineering consultants
- Own formal communication with development partners and project sellers, including the Q&A log
- Review and manage project contracts such as purchase agreements, leases, interconnection agreements and PPAs to ensure compliance
- Manage and report project budget, schedule and deliverables across multiple opportunities at different stages
- Research and manage eligibility and compliance with federal and local incentives and policies
- Lead transactions for project financing and asset acquisitions
- Coordinate payments to landowners and developers, manage the development fee schedule, and draft funding memos that verify milestone payments
- Track key deadlines, contractual obligations, incentive expiration dates and project risks
- Work with the pricing team on underwriting models and make sure assumptions align with engineering models
- Verify insurance requirements, forecast property tax obligations, manage PILOT agreements and monitor purchase agreement adjusters
- Build relationships with developers, local governments, AHJs, incentive administrators and consultants to gather market intelligence
- Create presentations summarizing project research for stakeholder review
What You Bring
- 5+ years of related professional experience, including at least 1 to 3 years in energy infrastructure development
- Bachelor’s degree preferred, ideally in Planning, Project Management, Business, Finance, Economics, Energy, Engineering or Environmental Science
- Strong project management, organizational and analytical skills
- Excellent written and verbal communication, negotiation and influencing skills
- Highly organized and detail oriented, with the ability to manage multiple workstreams and deadlines at once
- Self-motivated, accountable and comfortable in a fast-paced setting
- Located in or willing to relocate to the greater Washington D.C. area, and able to work from the office 5 days per week
Why This Role
This is a chance to own diligence end to end on real solar and storage acquisitions, work closely with leadership on investment decisions, and grow your career with an experienced company in a high growth industry.
Interested? Apply now or message View email address on click.appcast.io directly to learn more.
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