Reporting to the Chief Investment Officer, the Senior Manager/Director of Project Finance and Investments is her primary execution resource on power-specific financing - structuring and closing the debt and equity for Pacifico's gas-fired AI developments, renewable, and storage projects, and translating development, procurement, and construction milestones into bankable financing structures. It bridges the CIO's strategic capital markets leadership and the technical, domain-specific demands of the company's power portfolio with real hands-on execution experience. This role is onsite in our Dallas office. The level of this position will be determined based on the candidate's experience, technical expertise, and track record executing power and energy project financings.
What you get to do:- Structure, negotiate, and close non-recourse project finance (construction and term debt across public and private bank/bond markets) for Pacifico's gas-fired thermal developments servicing private grid AI data centers
- Run the full lender process end to end: outreach, information memoranda, credit committee presentations, documentation negotiation, and closing.
- Structure and execute the equity side -JV and co-investment arrangements, capital sourcing, and equity sizing against project economics.
- Build, audit, and maintain project finance models with detailed construction draws and operating-period waterfalls.
- Support the CIO on capital markets strategy and investor materials, and manage day-to-day lender and investor relationships
- Partner with development, EPC, and engineering to translate technical milestones into financing triggers, draw schedules, and reserve requirements, and with accounting to manage covenant compliance and reporting
Debt-Side Project FinanceThe foundational skill - hands-on experience structuring and closing non-recourse project finance for power generation assets:
- Financial modeling for project finance: debt sizing against contracted (PPA-backed) cash flows, DSCR covenant analysis, cash sweep mechanics, and reserve account structuring.
- Construction financing: managing draw schedules tied to EPC milestones, equipment delivery, and commissioning targets.
- Term loan structuring, lender syndication (running a bank process, IMs, credit committee), and negotiating credit agreements and inter-creditor terms.
- Equipment-specific financing (e.g., turbine financing) and knowledge of energy PF covenants - distribution lock-up tests, major maintenance reserves, and DSCR requirements.
- Familiarity with AI offtakers' credit profiles and guarantee structures a plus
Equity-Side Project Finance- JV and co-investment structuring: joint venture waterfalls, preferred returns, promote structures, and governance.
- Equity sizing and return analysis against project NPVs and IRR targets.
- Project and company level valuation analysis
- Investor presentations and data rooms for capital raises and M&A processes
Power Sector Domain Knowledge- PPA analysis and structuring: capacity charges, energy charges, tolling, curtailment, and dispatch optimization.
- Gas-fired power economics (heat rates, fuel supply, variable O&M). Renewable economics (P50/P90, degradation) and battery storage / revenue stacking helpful but not required
- Regulatory and permitting awareness (air permitting, ERCOT interconnection) and their financing implications.
- Ability to work with development and EPC teams to translate technical schedules into financing terms.
Lender and Investor Relationships- Able to develop relationships with advisory, capital markets & project finance banks.
- Familiarity with infrastructure equity investors and other players in the ecosystem
