Company Overiew
Jupiter Power is a leading independent developer, owner and operator of utility-scale battery energy storage projects across the United States. Founded in 2017, the company's projects store electricity and deliver it back to the grid when it is needed most, helping support a more reliable and resilient power system. Jupiter Power has 19,700 MWh of projects operating, in construction or committed, and another 110,000 MWh in development across the country. The company has corporate offices in Austin and Houston, Texas and Chicago, Illinois. For more information, visit www.jupiterpower.io.
We are seeking a Director, Project Finance & Capital Markets to join our Finance team. In this role, you will be responsible for leading the structuring, and execution of project financing and capital markets activities to support the development, construction, and growth of our battery energy storage portfolio. You will work closely with Finance team leadership to develop and implement group and project-level strategy and work as a deputy to a Vice President in structuring and negotiation of financings while also being responsible for ensuring the day-to-day execution of the deal team.
This role will be based out of our Austin or Chicago office and is subject to our Company’s return-to-office policy which currently requires a minimum of three days a week in the office.
Key Responsibilities
Partner with VP of Project Finance and Capital Markets to structure and execute financings, owning day-to-day transaction management, diligence, and documentation while the VP leads strategy and principal negotiations
Structure and execute non-recourse debt and tax equity financings across a growing utility-scale BESS portfolio
Structure and execute tax credit transfers, tax credit insurance policies, real estate financing, and other related agreements in support of project financing activities
Support portfolio and corporate-level capital market activities, including warehouse facilities, holdco debt, revolvers, and other capital markets transactions
Support the full transaction lifecycle from lender and investor outreach through term sheet negotiation, diligence, documentation, and financial close
Coordinate closely with development, engineering, legal, and tax teams to ensure financing activities support Project NTP and COD milestones
Serve as the day-to-day owner of transaction execution, working closely with a VP to translate deal objectives into clear workplans, delegate tasks to junior team members, identify issues and develop actionable recommended solutions, and drive delivery against the closing timeline.
Review, validate, and approve financial models prepared by Associates; ensure consistency with transaction terms and Jupiter’s internal investment thesis
Lead scenario, sensitivity, and downside analyses and synthesize results into clear recommendations to the management team
Manage and mentor junior team members, supporting VPs in establishing and enforcing prioritization of tasks and fostering professional development
Advise teams across the company on financing considerations such as bankability, financing terms, potential constraints, and risk allocations applicable to support value optimization throughout the project lifecycle
Prepare and review materials for internal investment committee, lender presentations, and senior management reporting
Develop and maintain productive relationships with commercial banks, institutional lenders, tax-equity investors, tax-credit purchasers, infrastructure investors, rating agencies, and financial advisors.
Requirements
Bachelor’s degree in Finance, Economics, Business, or a related field.
7 years of experience in project finance, infrastructure investing, investment banking, private equity, or advisory.
Experience structuring and executing complex financing transactions, including debt, tax equity, and capital markets deals.
Advanced financial modeling and valuation expertise.
Experience in infrastructure financing is required and direct experience in energy storage or renewables is highly preferred.
Proven track record of executing transactions from structuring through closing.
Strong negotiation and stakeholder management skills with financial institutions and investors.
Excellent analytical, communication, and presentation abilities.
Ability to operate strategically while driving execution in a fast-paced environment.
Experience managing teams and cross-functional collaboration.
In addition to base pay, the total annual compensation package may also include eligibility to participate in our bonus and equity programs. Jupiter Power offers a variety of other benefits including paid time off, 401k with limited matching, health benefits (medical, dental, and vision), life insurance, disability insurance, and flexible spending accounts.
Jupiter Power does not discriminate based on a candidate's race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, disability, or any other protected class.