Tax Equity Financing Director (Solar, BESS )

[Position]

Tax Equity Financing Director (Solar. BESS)

[About Our Client]

Company headquartered in Ridgefield Park, NJ, is a global trading and investment company and also a major leading renewable energy company involved in developing solar/wind power plant and battery energy storage system projects in US/Canada. 

[Job Summary]

seeking a Tax Equity Financing Director who will conduct tax equity and project financing of Solar/Wind/BESS projects in US/Canada.

[Job Description]

- Engages in overall detail scope of project financing of renewable energy projects (Solar, Wind, BESS) in US/Canada from initial structuring of financing tranches, financial model analysis, teaser/CIM preparation to closing financing documents. (major focus will be Solar/BESS)

- Develops bankable financial model. Analyzes project profitability under various financing structures such as tax equity, hybrid (tax equity + tax credit sales) or tax credit sales etc. and under various business input scenarios to come up with optimal project strategy including offtake plan, financing structure etc.

- Provide strategic guidance to the O&M and Asset Management teams to mitigate Tax Credit Recapture Risk and ensure compliance with long-term tax equity structures (e.g., Transferability, Prevailing Wage, and Apprenticeship requirements under the IRA).

- Collaborates with different functional teams such as finance team in US(New Jersey)/Seoul, renewable energy business team in US(various states)/Seoul during the course of project financing process.

- Catches up up-to-date financing structure, financing terms in renewable energy sector under changing regulatory environment in US/Canada.

Requirements

- Bachelor’s degree with strong academic record from a reputable undergraduate program.

- Minimum 5 years' working experience of tax equity financing field in Solar/BESS sectors in US with full financial closing experience/knowledge of tax equity financing, hybrid financing (combination of tax equity and tax credit sales) and commercial project loan.

- Excellent skills to develop and handle bankable financial model in Solar/BESS sectors in US reflecting various financing structures in the market.

- No restriction in business travel in US/Canada.