Mid-Level Project Finance Associate - Renewable EnergyStoel Rives is seeking a mid-level associate to join our market-leading project finance team within our corporate practice group. The role will focus on debt and tax equity financings and related development and transactional work for renewable energy and energy transition assets, including solar, wind, storage, and related infrastructure. Seattle is the preferred office for this position; however, we will consider candidates interested in the Minneapolis, Portland, Sacramento, San Diego, San Francisco, and Washington, DC offices.
Responsibilities:- Support construction and term debt facilities and tax credit monetization transactions (including tax equity partnerships, tax credit sales and hybrid structures) and other debt and equity capital facilities for renewable energy clients.
- Support financing transactions, acquisitions, and joint ventures of projects and platforms.
- Draft financing agreements, security documents, depositary agreements, tax equity partnership agreements, guarantees, intercreditor agreements, tax credit purchase agreements, membership interest purchase agreements, and related deal documents.
- Execute due diligence, collaborate with cross-functional teams (tax, regulatory, real estate), and interface with clients and counterparties from term sheet to closing.
Qualifications:- JD and active bar membership in good standing; ability to gain admission where required.
- Three to five years of experience in debt and tax equity project finance and M&A at an AmLaw firm or equivalent, with substantial renewables experience.
- Experience supporting transactions, managing timelines, and facilitating closings.
- Familiarity with tax equity structures and partnership tax concepts, and familiarity with market terms for project and financing documents.
- Excellent drafting, negotiation, communication, and project management skills; team-oriented and client-focused.
The Project Finance PracticeOur project finance team is a national leader in project finance, particularly with respect to renewable energy projects. The team handles an array of infrastructure projects, including utility-scale power facilities, solar, wind, storage and biofuels, composting facilities, water projects, and other industrial facilities.
Recognized as a premier sponsor and developer counsel in the U.S., the team has played a pivotal role in the development and financing of a sizable portion of the nation's solar, wind, and energy storage capacity. Our team has in-depth knowledge of the full project lifecycle, including corporate structuring, site control, EPC contracts, supply and offtake agreements, and regulatory compliance.
Hours Expectations & CompensationThe hours expectation for this position is 1,800 billable hours and an "all-in" hours expectation of 2,050 or 2,150, depending on seniority. The billable hours expectation includes up to 50 pro bono hours. All-in hours include the billable hours expectation as well as any additional billable hours, additional pro bono hours, and investment hours. Investment activities include business development, professional development, mentoring and coaching, recruiting, contributing to the firm's workplace culture, and civic and community activities.
To be eligible for a bonus, associates must reach or exceed 1,850 billable hours (inclusive of up to 50 pro bono hours) and meet or exceed the all-in hours expectation.
The base compensation range for this position is $235,000 to $295,000. Base compensation presented to an individual candidate may vary based on skills and overall experience.
