FLSA Classification: Exempt

Salary Range: $105,000 - $125,000 plus bonus and incentive stock options

Reports to: Director, Project Finance

Location: Brooklyn, NY (Hybrid)

About The Company:

NineDot's name derives from the classic mathematical puzzle for sparking out-of-the-box solutions. As a leading community-scale, clean energy developer with a growing portfolio of projects across a range of technologies, NineDot Energy is creating innovative energy solutions that support a more resilient electric grid, deliver economic savings, address environmental justice and reduce carbon emissions. We plan to develop, build and operate more than 400 MW of clean energy systems by 2026 that will strengthen the local power grid infrastructure and provide clean, reliable and resilient power to tens of thousands of New York households and businesses. This is all in support of New York State’s mission to achieve 100% clean energy by 2040.

With the backing of Manulife Investment Management and The Carlyle Group - two of the world’s leading infrastructure investors - NineDot is continuing to expand its core battery energy storage pipeline, deliver enhanced products and services, explore new regions and consider potential acquisitions all to advance the decarbonization of New York’s grid. This is an exciting opportunity to build a platform from the ground-up with a world-class team of developers and innovators. NineDot is committed to building a company that exemplifies diversity, equity and inclusion values in its team culture, as well as business practices and community engagement.

Job Summary

This position will work closely with the Director, Project Finance and be a key role in developing financial models, conducting financial analysis and due diligence, and preparing financial and operational reports to support project finance activities. In this position, you will have the opportunity to discuss strategic investments to key members of the NineDot team, including leadership to support our growth in the renewable energy sector, with new developments and competitive bids. You will have the opportunity to work with various teams across the organization as well as having great exposure with investment banks, tax equity investors and consultants.

Responsibilities:

  • Manage, maintain, and iterate on Project Finance models to evaluate project economics from concept to future cash flows.
  • Coordinate with banks, financial institutions and consultants to arrange syndication and raise funds, including debt and tax equity from various financial institutions/banks/lease financing  companies.
  • Review and interpret financial data, due diligence, term sheet negotiations, and documentation with lenders and lawyers.
  • Work closely with the project development team to screen new projects and ensure financial models accurately reflect project assumptions and risks, and conduct feasibility studies to express the financial viability of new ventures.
  • Undertake all the necessary activities, i.e., collecting the information, preparing the projection model, finalizing the design, etc. to evaluate capital investment, proposals and calculate project/equity IRRs, DSCRs, sensitivity scenarios, etc.
  • Monitor and report on project financial performance, including tracking actual versus projected performance, and identifying trends and opportunities for improvement. Coordinate debt facilities’ drawdown/repayments and monitor compliance with financial covenants.
  • Support economic review and interpretation of potential M&A opportunities.
  • Support development and RFP processes through analysis of economic impact of key terms and conditions and sensitivity scenarios.
  • Prepare and manage project specific deliverables related to financial or contractual requirements.
  • Stay up-to-date on renewable energy industry trends, financial markets, and regulatory changes (e.g. IRA), and make recommendations for strategic adjustments.
  • Perform all other duties as assigned.

Core Competencies:

  • Problem Solving - Uses rigorous logic and methods to solve difficult problems with effective solutions.
  • Interpersonal Savvy - Relates well to all colleagues inside and outside the organization.
  • Intellectual Horsepower - Deals with concepts and complexity comfortably.
  • Perseverance - Pursues everything with energy, drive, and a need to finish; seldom gives up before finishing, especially in the face of resistance or setbacks.
  • Technical Learning - Picks up on technical things quickly; can learn new skills and knowledge; is good at learning new industry, company, product, or technical knowledge.
  • Creativity - Comes up with a lot of new ideas; easily makes connections among previously unrelated notions; tends to be seen as original and value-added in brainstorming settings.
  • Dealing with Ambiguity - Can effectively cope with change; can decide and act without having the total picture; can comfortably handle risk and uncertainty.

Required education and experience:

  • Minimum of 2 years of professional experience in project finance or M&A.
  • Bachelor’s degree in Finance, Accounting, Business Administration, or related fields required; Master’s degree preferred.
  • Experience and knowledge in areas of project proposals, project finance structures, regulatory frameworks, and all the financial accountabilities related to multiple projects.
  • Experience in the energy, real estate, tax equity, and prior project finance roles strongly preferred.
  • Strong financial modeling, presentation and communication skills. Detail-oriented with strong organizational and time management skills.
  • Proficiency in Microsoft Excel, Word, and PowerPoint.
  • Experience in equity and debt fundraising and optimizing capital structure.
  • Knowledge of project finance documentation and experience handling financial closing work either as a project developer or a financier.

Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.  

Affirmative Action/EEO statement

We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.

Apply for this Job

* Required
resume chosen  
Dropbox Google Drive
(File types: pdf, doc, docx, txt, rtf)
Cancel
cover_letter chosen  
Dropbox Google Drive
(File types: pdf, doc, docx, txt, rtf)
Cancel
U.S. Standard Demographic Questions We invite applicants to share their demographic background. If you choose to complete this survey, your responses may be used to identify areas of improvement in our hiring process.
How would you describe your gender identity? (mark all that apply)





How would you describe your racial/ethnic background? (mark all that apply)











How would you describe your sexual orientation? (mark all that apply)








Do you identify as transgender? (Select one)




Do you have a disability or chronic condition (physical, visual, auditory, cognitive, mental, emotional, or other) that substantially limits one or more of your major life activities, including mobility, communication (seeing, hearing, speaking), and learning? (Select one)




Are you a veteran or active member of the United States Armed Forces? (Select one)




Enter the verification code sent to to confirm you are not a robot, then submit your application.

This application was flagged as potential bot traffic. To resubmit your application, turn off any VPNs, clear the browser's cache and cookies, or try another browser. If you still can't submit it, contact our support team through the help center.