Head of Project Finance
About the Company
Giga Energy is a pioneering company in the renewable energy sector, with its headquarters in New York, NY. We are a team of innovative operators who are defining the future of AI infrastructure. Our mission is to provide the necessary power and data center assets to support the growing demand for AI technology.
At Giga Energy, we value speed, impact, and teamwork. We are a fast-paced company that operates at a speed that most companies can only dream of. Every person at Giga plays a crucial role in the company's success, and we believe in giving our employees the autonomy to make decisions and take ownership of their work.
Our company culture is built around the idea of innovation and collaboration. We recruit the best talent from the most innovative companies in the world, and we provide them with the opportunity to work on projects that have a real impact on the industry. As the Head of Project Finance, you will be a key player in our team and will have the opportunity to shape the company's financial strategy and drive growth.
Key Responsibilities
As the Head of Project Finance at Giga Energy, you will be responsible for owning capital formation across the company's portfolio of power and data center assets. You will set the financing strategy for each project, determining how each project gets capitalized across debt, tax equity, sponsor equity, and alternative structures.
- Own capital formation across the portfolio and set the financing strategy for Giga's full pipeline of power and data center assets.
- Lead the project finance function end to end, from originating lender and investor relationships to structuring and negotiating facilities, to closing deals, to managing post-close compliance and reporting.
- Build and lead the team, hiring, developing, and managing the project finance organization.
- Structure and close financings at scale, negotiating non-recourse and limited-recourse debt facilities, construction financing, tax equity partnerships, back-leverage, holdco debt, and other structures with institutional lenders, infrastructure funds, and strategic partners.
- Serve as Giga's principal face to the capital markets, owning relationships with tier-one project finance banks, infrastructure funds, tax equity investors, and ratings agencies.
- Drive deals to close on Giga's timelines, leading financial due diligence and lender-facing workstreams, coordinating across legal, engineering, and operations, and holding the pen on the financial narrative from term sheet through funding.
- Partner with the CEO and CFO on enterprise capital strategy, informing decisions on project selection, portfolio construction, capital allocation, and the corporate financing stack that sits above the project level.
- Represent the company to the board and investment committees, translating complex financial concepts into actionable insights.
- Develop and maintain a deep understanding of the company's financial performance and position, providing strategic recommendations to drive growth and profitability.
- Collaborate with cross-functional teams to identify and mitigate financial risks, ensuring the company's long-term sustainability and success.
Requirements & Qualifications
Must-Have
- 10+ years of experience in project finance, with a focus on renewable energy or infrastructure projects.
- Proven track record of structuring and closing complex financings, with a strong understanding of debt, tax equity, and sponsor equity.
- Excellent leadership and management skills, with the ability to build and lead high-performing teams.
- Strong relationships with tier-one project finance banks, infrastructure funds, tax equity investors, and ratings agencies.
- Deep understanding of financial modeling, with the ability to develop and maintain complex financial models.
- Strong analytical and problem-solving skills, with the ability to think strategically and drive growth.
- Excellent communication and interpersonal skills, with the ability to communicate complex financial concepts to non-financial stakeholders.
Nice-to-Have
- MBA or Master's degree in Finance, Accounting, or a related field.
- Experience working in a fast-paced, dynamic environment, with a strong ability to adapt to changing circumstances.
- Knowledge of the renewable energy industry, with a strong understanding of the trends and challenges facing the sector.
- Experience working with cross-functional teams, including legal, engineering, and operations.
- Strong understanding of financial regulations and compliance requirements, with the ability to ensure the company's financial operations are aligned with regulatory requirements.
Technical Skills
Financial Modeling
- Excel
- Financial modeling software (e.g. Bloomberg, Thomson Reuters)
We use financial modeling to develop and maintain complex financial models, including project finance models, financial statements, and valuation models.
Financial Analysis
- Financial statement analysis
- Ratio analysis
- Trend analysis
We use financial analysis to understand the company's financial performance and position, including analyzing financial statements, calculating ratios, and identifying trends.
Capital Markets
- Debt financing
- Equity financing
- Tax equity financing
We use capital markets to raise capital for our projects, including debt financing, equity financing, and tax equity financing.
What We Offer
At Giga Energy, we offer a competitive annual salary ranging from 150,000 to 200,000, depending on experience. We also offer a range of benefits, including:
- Meaningful equity in a company at the inflection point of a generational buildout.
- Remote flexibility, with the option to work from anywhere in the world.
- Opportunity to work on high-impact projects that are shaping the future of the renewable energy industry.
- Collaborative and dynamic work environment, with a team of innovative and talented professionals.
- Professional development opportunities, including training and education programs.
- Comprehensive health, dental, and vision insurance.
- 401(k) matching program.
- Generous PTO policy, with plenty of time off to relax and recharge.
We are a fast-paced and dynamic company, and we are looking for someone who is excited about the opportunity to join our team and contribute to our mission. If you are a motivated and talented professional who is looking for a new challenge, we encourage you to apply.
Frequently Asked Questions
What is the remote work setup like?
We offer a flexible remote work setup, with the option to work from anywhere in the world. We use a range of collaboration tools, including Slack, Zoom, and Google Drive, to stay connected and work together as a team.
What is the hiring process and timeline?
We are looking to fill this role as soon as possible, and we will be moving quickly to interview and hire the right candidate. We anticipate the hiring process will take around 2-3 weeks, depending on the number of applicants and the complexity of the interviews.
What is the team size and tech stack?
We are a small but growing team, with a range of professionals from different backgrounds and disciplines. We use a range of technologies, including Excel, financial modeling software, and collaboration tools like Slack and Zoom.