Description:
The Project Finance Counsel will play a critical role in structuring and closing financing deals for our innovative geothermal energy projects. The position will be responsible for overseeing project-level finance documents, including drafting and negotiating term sheets, commitment letters, loan documents, intercreditor agreements, and security agreements. The Project Finance Counsel will report to the Vice President, General Counsel.Requirements:
Responsibilities:
- Draft and negotiate sophisticated financing documentation for project finance transactions, ensuring alignment with project goals and risk mitigation strategies
- Provide comprehensive legal advice and support to clients throughout the project finance lifecycle, from deal origination to closing
- Conduct thorough legal review of project documentation, including term sheets, commitment letters, contracts, agreements, and regulatory filings, identifying and addressing potential risks
- Research and analyze complex project finance laws, regulations, and industry best practices, staying current on evolving trends and legal developments
- Collaborate effectively with internal and external stakeholders, including clients, partners, lenders, and investors, to develop and execute winning transactional strategies
- Assist in due diligence reviews, meticulously preparing transactional documents and closing materials
- Communicate clearly and concisely with clients, opposing counsel, and other parties involved in project finance transactions
- Assist in structuring FOAK geothermal projects, including drafting and implementing intercompany agreements acceptable to creditors and lenders
- Review major documents, such as PPAs, EPC agreements, etc. for financeability
- Works to ensure budget compliance and effectively manages the use of external counsel
Qualifications:
- Juris Doctor (JD) degree from an accredited law school
- Admission to the [Texas] State Bar or eligibility for admission by motion
- 8+ years of experience in project finance law, with a demonstrated track record of success in the renewable energy sector
- Strong competency in drafting and negotiating complex financing documents, including loan agreements, security agreements, and intercreditor agreements
- Excellent written and verbal communication skills, with the ability to explain intricate legal concepts in a clear and concise manner
- Flexible thinker with superb problem-solving abilities, and a knack for identifying and mitigating potential risks
- Ability to design and implement FOAK project finance structures to satisfy potential lenders and project level investors
- Proven ability to work independently and manage multiple tasks effectively, while also being a strong team player
- Meticulous attention to detail with exceptional organizational skills
- Unwavering commitment to providing high-quality legal services and exceeding client expectations
- Experience with tax equity partnerships, federal tax credits and the transfer of tax credits, as well as the Financing Programs offered by the Loan Program Office (LPO) is a plus
