Project Finance Manager
Project Finance Manager
Based in Miami, US
About us
Matrix Renewables is a renewable energy platform that was founded by global alternative asset manager TPG through its impact investing platform, TPG Rise, in 2020. Headquartered in Madrid, Matrix Renewables focuses on developing, constructing and being long-term owners of renewable energy assets.
Matrix Renewables’ current portfolio is comprised of 15.7 GW (operational, under construction, ready to build, under development) of renewable energy projects and storage across North America, Europe and Latin America.
TPG impact-investing platform is a $27 billion impact investing platform focused on investing in and supporting the growth of world-class businesses that deliver positive and measurable social and environmental impact globally.
TPG is a leading global alternative asset investment firm with offices in Austin, Beijing, Boston, Dallas, Fort Worth, Hong Kong, Houston, London, Luxembourg, Melbourne, Moscow, Mumbai, New York, San Francisco, Seoul, Singapore, and Washington D.C. TPG’s investment platforms span a wide range of asset classes, including private equity, growth equity, impact investing, infrastructure, growth venture, real estate, secondaries, and public equity.
The Role
Matrix Renewables is looking for a highly motivated individual to play a key role in our fast-growing and well-established team. Ideally based in the Miami office, the Project Finance Manager will be responsible for leading valuation efforts, execution of tax equity investments, project and corporate level debt, bond financings, and making financing related recommendations to the investment committee within in the renewable energy/sustainable fuels space in the U.S.
Key Activities and Responsibilities- Lead project/corporate finance structuring and execution efforts for renewable energy/green fuel projects
- Lead the preparation of investment committee memorandums including the proposal of actionable recommendations
- Lead financial analysis, sensitivities and modelling activities. Monitor financial returns.
- Assist in negotiating tax equity and debt documentation by working closely with technical, financial, and legal counsel
- Drive the transaction due diligence process and oversee third party consultants (investment banks, legal advisors, independent engineers, insurance advisors, transmission advisors, market consultants, appraiser, tax advisors, etc.)
- Actively participate in reviewing Matrix capital efficiency strategy including raising of LCs, hold-co debt, etc.
- Work cross-functionally within the organization and outside advisors to support project diligence and source key inputs from internal teams and external consultants to oversee timelines and capital structures
- Lead conversations with internal and external stakeholders as well as with potential lender and tax equity investors.
- Manage project and corporate finance processes including coordinating with key stakeholders and reviewing transaction documentation
- Assist in the preparation of monthly & quarterly reporting to TPG
- Work creatively to implement long-term company strategic initiatives
Minimum Requirements:
- Bachelor’ degree in Engineering, Mathematics, Finance, or similar (Master’s degree preferred)
- 5+ years of experience in renewable energy project finance, M&A in the U.S. at a leading financial institution, private equity firm, IPP, or a related occupation.
- High level of proactivity and entrepreneurial mindset
- Proficiency (2-5 years of experience) in renewable energy financial modeling
- Expertise in tax equity modeling including capital accounts, depreciation, M&A and buyouts (preferred)
- Strong attention to detail and analytical skills
- Comfortable interacting with internal management and transaction counterparties
- Basic knowledge of accounting and tax treatments related to renewable energy projects (i.e. tax equity partnership flip mechanics)
- Solid understanding of corporate finance and economic concepts
- Good understanding of U.S. power markets
If you are interested in applying, please send your cover letter and CV to: hiring@matrixrenewables.com .
Matrix is committed to a fulfilling, inclusive and non-discriminatory working environment in which all individuals are treated as individuals, with respect and dignity and are given opportunities to develop their careers and contribute to both the Company´s and their own success.Furthermore, Matrix is committed to ensuring a rigorous, fair and non-discriminatory selection and recruitment process and to treat all candidates who apply for a position in Matrix equally. We advocate for equal opportunity and do not discriminate against gender, marital status, religion, age, color, race, sexual orientation, nationality, or disability.
Matrix Renewables (Spain), S.L. ("Matrix"), with domicile at C/ Velázquez 34, 3ª planta, 28001, Madrid, hereby informs the job applicant (the "Applicant") that his/her curriculum vitae as well as all other personal data provided during the selection process will be processed by Matrix as data controller.Such data will be processed for the purpose of analyzing the Applicant's skills and aptitudes and assessing the Applicant's candidacy for the job offered.
The Applicant, under the terms established in the data protection regulations in force at any time, may exercise his/her rights to access, rectification, erasure, restriction of processing, data portability, objection, and not to be subject to automated individual decisions.For this purpose, he/she may contact in writing to the following email address: info@matrixrenewables.com .