Senior Director, Origination and Transactions
OPEN POSITION
Location
San Diego, CA
Employment
Full-time
We invest in people with the shared ambition to create a green and sustainable future for generations to come. At IOWN we are up for big challenges and finding innovative solutions for the green energy future. Interested? Join our team!
Job description
The Senior Director, Origination and Transactions plays a critical part in advancing IOWN's commercial strategy, project sales, financings, mergers and acquisitions (M&A), corporate capital raises, and offtake execution. Responsibilities include overseeing strategic initiatives in commercial development, power marketing and origination, capital raising, structuring, project financing, asset and corporate M&A, and strategic procurement. The ideal candidate is a calculated, energetic and analytical risk taker with strong organizational skills, leadership experience, and deep industry and financial market knowledge.
About Us
IOWN is a renewable energy developer and service provider headquartered in La Jolla, CA. Our focus is to expertly develop and manage utility-scale renewable energy projects (wind, solar PV, and energy storage).
IOWN has been operating in Europe since 2012, and with the strong determination stemming from the Scandinavian work ethic and mentality, IOWN entered the U.S. energy market in 2014.
We strive to be the front-runner in the development, engineering, procurement, finance, construction, sale, and operation of top-tier renewable energy assets. To achieve this, we place a high value on building a cohesive team that values execution. To be in control. To own it.
IOWN won the Best Energy Workplaces Award 2021, based on our proven efforts in providing health and wellness programs, professional development programs, family-friendly policies, flexible work options, diversity, and community engagement.
IOWN is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status. For an industry that is one of the least gender-diverse sectors, IOWN is doing its best to close the gender gap, and despite the small size of 51 employees, IOWN represents over six different nationalities amongst its team.
Salary Description: $200k-300k Annually
The above-listed salary range is required by the California Pay Transparency Act and may differ depending on the location of those candidates hired nationwide. The salary range shared in the job description is for the listed position and only pertains to the candidate if they work in San Diego, CA. Actual compensation is influenced by a wide array of factors including but not limited to internal pay equity, skill set, education, licenses and certifications, geographic location, essential job duties and requirements, and the necessary experience relative to the job’s minimum qualifications. An additional discretionary bonus structure or incentives may be offered as part of the overall compensation package, in addition to the full range of medical, dental, and/or other benefits, dependent on the level and position offered.
Requirements
- A bachelor’s degree in economics, finance, business or related technical field; MBA preferred.
- 10+ years of professional experience with strong quantitative and analysis background.
- Demonstrated renewable energy development experience and experience in project M&A.
- Strong experience in financial modeling and negotiations.
- Demonstrated knowledge of complex financial structures including tax equity.
- Comfortable working with various offtake structures and concepts including but not limited to physical PPA’s, virtual PPA’s, hedges, PRS, Resource Adequacy, SCED analysis, congestion, basis risks etc.
- Self-motivated with a high level of creativity, initiative, and accountability. You are innovative and constantly looking for ways to tweak and optimize processes.
- Ability to both lead a diverse team and contribute in an individual capacity.
- Energized by breaking down new and complex topics and understanding new markets.
- Excellent written and oral communication and organizational skills.
- Strong cross-cultural relationship building and influencing at all organizational levels. You love communicating and bringing people together.
- Have a high tolerance for uncertainty.
- Advanced Excel user.
Responsibilities
- A full list of responsibilities can be found when applying.
- Source and independently lead asset and corporate M&A opportunities and project sale transactions, including negotiations, due diligence, and valuation.
- Coordinate the due diligence process, assessing land, interconnection, offtake, permitting, environmental, and technical matters independently and with internal and external resources.
- Identify and cultivate leads through market research, networking, and direct prospecting.
- Lead project marketing efforts to position assets effectively with potential partners and buyers.
- Drive or support development, procurement, transaction, and M&A strategies, including project sales and early-stage acquisitions.
- Evaluate potential project acquisitions and contribute to organic development initiatives.
Why you should apply
- Competitive compensation.
- PTO and paid holidays, comprehensive medical/health plans, dental, vision, short-term and long-term disability, group life insurance, 401(k) corporate matching, and flexible spending arrangements.
- Company reimbursed cell phone, fitness and wellness reimbursement.
- Family-friendly policies.
- Company Performance Communication Plan, including 90-day review (one-time for new hires), 1:1 Meetings, Semi-Annual Review, Annual Review.
- Ongoing training and use of development tools to support your personal and professional growth.
- A vision-driven, energetic, and fast-paced environment.
- Team atmosphere of diverse professionals with the common goal of developing clean energy assets.
- Freedom to take charge of your own assignments.
- Opportunity to build a team.
For questions regarding this job position or your application please contact recruitment@iownrenewable.com