A unique opportunity exists in a highly regarded renewable energy project development company that has created a new division to strengthen the financial skill base in the company. The Director of Transactions will build and lead a team that will provide the company’s financial transaction capability.
Responsibilities
- Establish and manage the Transactions team and budget to successfully progress development projects.
- Manage several PPA opportunities across the development portfolio.
- Develop and manage a strategy to target retail and corporate PPA counterparties using B2B techniques.
- Secure, negotiate and finalise PPAs that meet the investment and risk appetite requirements.
- Manage the sell down of equity interests in developed renewable energy projects and, from time to time, the acquisition of development projects to support the development pipeline.
- Manage a process to secure debt for the portfolio both at a project and corporate level.
- Develop innovative strategies to secure competitive lending rates that meet the requirements of the company’s investment and risk appetite.
- Manage a team to develop highly functional financial models for every project in the development portfolio.
- Engage with and assist the executive team to engage with shareholders.
- Communicate and upskill other people in the company about the work of the Transactions team to better equip them to prioritise their own work.
Requirements
- A relevant Degree level qualification (Finance, Economics or similar).
- An experienced professional with substantial direct experience in the execution of renewable energy financing, project M&A, PPAs and supporting financial modelling.
- Expert level renewable energy project financial modelling capabilities.
- Expert level development of capital management plans and supporting financial modelling (both at a corporate and project level).
- Expert level development of investment proposals/business cases for the acquisition, disposal and financing of renewable energy projects.
- Experience in acquiring and disposing of equity interests in renewable energy projects.
- Experience securing debt and hybrid debt for renewable energy projects.
- Experience in sourcing government supported or concessional financing for renewable energy.
- Experience implementing interest rate hedging strategies and restructures.
- Experience negotiating Power Purchase Agreements for renewable energy projects.
- High ethical standards.
- Excellent verbal/written and interpersonal communication skills.
- Ability to work with a diverse team and multiple remote counterparties.
- Ability to work independently.
- A flexible, pro-active, reliable and positive attitude.
- Able to travel domestically with a current Australian driving license.
- Australian citizenship or permanent residency.
Freshwater Group
Freshwater Group is a best practice renewable energy recruitment business that focuses on all renewable and low carbon emission, energy efficiency and disruptive clean technology businesses as well as energy infrastructure, storage, and management.
Freshwater Group: Great People Better Outcomes
Freshwater Group is committed to the principles of Equal Employment Opportunity. We encourage applications from candidates with culturally diverse backgrounds, including Indigenous Australians. We do not discriminate on the basis of race, gender, sexual orientation, age, disability, or religion.