Senior Manager, Structured Finance

Lightsource bp is a global leader in the development and management of solar energy projects. We are a 50:50 joint venture with bp with a mission to help drive the world’s  transition to low carbon energy.  With solar set to increase tenfold in the next 20 years, we are well‐positioned to capitalize on this growth. By joining the Lightsource bp team, you will ‘be the change’ on the world’s energy transition to a more sustainable future. We pride ourselves on our entrepreneurial spirit as we continue to push the boundaries of an ever‐changing energy landscape. By choosing a career with us, you can expect a challenging and fulfilling role surrounded by people who are passionate and have brilliant ideas about sustainable technology, innovation and making the world a better place. 

Summary

The Structured Finance team is committed to helping Lightsource bp finance and commercialize 25GW by 2025 having helped financing 2.2 GW and raise  $2.5bn of debt and tax equity financing in the USA since 2019. To support our mandate, our team is looking for a highly motivated and analytical Senior Manager or Manager candidate who has a strong interest in joining a dynamic and high performing team to capitalize on substantial deal flow for a top tier platform in the U.S. The individual will work closely with the development, origination, construction, legal, and engineering teams to ensure successful financings for utility‐scale solar projects. In addition, the individual will be responsible for managing Senior Analysts while managing various reports and deliverables necessary to close utility‐scale project finance debt and tax equity financings.  

Duties and Responsibilities

• Support negotiations with financing counterparties for solar assets, including tax equity, construction debt, term debt, and other financial products.
• Perform all aspects of transaction execution including project marketing, establishment of financing terms, investor due diligence, modeling, management of outside consultants, and closing.
• Provide guidance to Lightsource bp’s Business Development and Project Development teams regarding financial modeling and investor appetite for new financial structures.
• Support Business Development team members successfully pricing and winning solar and solar + storage projects.
• Prepare investment committee presentations at key milestones in project lifecycle including term sheet execution and financial close.   
• Support valuation and financing efforts for acquisitions of projects that have offtake contracts. 
• Work with junior staff to maintain and refine the company’s financial model suite through continuous improvement.
• Closely follow industry trends and competitors, including deal flow and transaction.

Who we’re looking for  

Knowledge & Skillset

• Outstanding financial modeling skills.   
• Excellent written and oral communication skills, including comfort interacting with internal management and financing counterparties.
• Detailed knowledge of tax equity and debt structures in the renewable energy space; or conceptual understanding of power markets preferred.
• Knowledge of VBA (a plus).

Qualifications & Experience

• 4‐6 years finance experience in a transactional role, preferably in investment banking, working for a renewable energy development company, or in another role performing detailed financial analyses.
• Bachelor’s degree, ideally in a quantitative field; MBA or CFA preferred.
• Successful track record of supporting project finance transactions from beginning to end.
• All remote candidates qualified to work in the USA shall be considered, however strong bias will be given to candidates willing to relocate to and work from our offices in San Francisco or Denver.

Why you’ll make a great member of the team

Personal qualities  

• Strong analytical and interpersonal skills
• Strategic thinking abilities and business acumen
• Highly organized
• Excellent written and oral communication skills with the ability to interact with all levels of staff throughout the organization  
• Strong time management skills and strong attention to detail with a history of managing multiple transactions simultaneously
• Team player and self‐starter
• Strong interest in joining a dynamic, entrepreneurial environment and being part of a high‐performing and collaborative team

Why you’ll want to work for us

Our company is a place where you can be yourself and grow; a place where your ideas and opinions matter.

Be you: We pride ourselves on being an inclusive community, where every individual is valued and treated with respect.

Be responsible: Our culture is driven by our core values. From operating safely to ensuring our solar projects are responsible and promote biodiversity.   

Be recognized: Alongside a competitive salary, we offer a variety of benefits including annual bonus, retention bank, health insurance, pension and other local benefits.  

Be inspired: Beyond your day‐to‐day working life at Lightsource bp, there’s a variety of initiatives that will contribute to your own personal development. Initiatives to get involved with including our charitable causes, supporting our solar honey project or our sustainability initiatives.  

Our Core Values: Lightsource bp truly cares about creating a sustainable future through safe, responsible and meaningful low carbon energy projects. Our core values of Safety, Integrity, Respect, Sustainability and Drive are the guiding principles for everything we do.   

https://www.lightsourcebp.com/careers