Spearmint Energy · 5 months ago
Associate, Project Finance
Spearmint Energy is a leading energy company focused on developing and optimizing battery energy storage systems. The Associate, Project Finance will play a key role in executing capital strategies, financial modeling, and managing external reporting deliverables for various projects.
BatteryEnergy StorageSolar
Responsibilities
Hands on approach in all aspects of a transaction, including due diligence, assessment of transaction viability, negotiation, structuring and execution in coordination with internal and external partners (developers, lawyers, technical advisors, debt providers, EPC contractors, etc.)
Support team leads within the Project Finance team in the financing and structuring of all deals, including sourcing of debt, tax equity and equity
Build / modify financial models and conduct economic analysis for portfolios of under construction projects, greenfield development projects and project M&A opportunities
Prepare presentations for internal and external purposes, including investors, lenders and the company’s Investment Committee
Coordinate due diligence logs, consultant reports and third-party documentation requests to support investor processes associated with debt, tax equity and equity raises
Conduct due diligence on potential projects for greenfield development and acquisition opportunities, as needed. The job will be more heavily weighted on project finance activity than M&A, but the resource will be selectively deployed to assess acquisition opportunities
Follow the microeconomic trends of the clean tech sector (regulatory framework, tariffs, US renewables targets, etc.)
Collaborate across internal teams including Development & Construction, Engineering, and Asset Management to manage ongoing financing requirements
Review amendments for material project documents and coordinate with financing parties for approval and consent
Help maintain relationships with financial investors and portfolio teams during construction and operations, including tracking and managing compliance with facility covenants and preparation of external deliverables, such as tracking models, performance and financial reports
Qualification
Required
3+ years working in a transactional role in energy infrastructure and project finance (including tax equity experience)
Strong financial modeling skills
Ability to summarize and communicate complex ideas succinctly
Hands on approach in all aspects of a transaction, including due diligence, assessment of transaction viability, negotiation, structuring and execution in coordination with internal and external partners (developers, lawyers, technical advisors, debt providers, EPC contractors, etc.)
Support team leads within the Project Finance team in the financing and structuring of all deals, including sourcing of debt, tax equity and equity
Build / modify financial models and conduct economic analysis for portfolios of under construction projects, greenfield development projects and project M&A opportunities
Prepare presentations for internal and external purposes, including investors, lenders and the company's Investment Committee
Coordinate due diligence logs, consultant reports and third-party documentation requests to support investor processes associated with debt, tax equity and equity raises
Conduct due diligence on potential projects for greenfield development and acquisition opportunities, as needed
Follow the microeconomic trends of the clean tech sector (regulatory framework, tariffs, US renewables targets, etc.)
Collaborate across internal teams including Development & Construction, Engineering, and Asset Management to manage ongoing financing requirements
Review amendments for material project documents and coordinate with financing parties for approval and consent
Help maintain relationships with financial investors and portfolio teams during construction and operations, including tracking and managing compliance with facility covenants and preparation of external deliverables, such as tracking models, performance and financial reports
Experience building, maintaining and auditing project finance models, with the ability to produce and analyze summary economic data
Demonstrated interest in a career in renewable energy, project development, and/or finance
Desire to work in a transaction-based environment where requirements and tight deadlines are often dictated by deal flow
Proven track record of working well within a team environment, taking ownership of processes and procedures
Excellent interpersonal skills, highly motivated and results oriented, process oriented with strong organizational and communication skills
Attention to detail and the ability to set and meet realistic deadlines in a fast-paced environment
Excellent discretion in handling confidential information and in communicating with third parties
Understanding of loan structures, tax-equity structures and partnership tax principles are a major plus
Exposure to valuation concepts, DCF, NPV, IRR, cost of capital, to assist the firm in making investment decisions
Highly resourceful and comfortable working in an unstructured, entrepreneurial environment
Proficient on MS Excel, Word, Access, PowerPoint, etc
Must be authorized to work in the United States
Company
Spearmint Energy
Spearmint Energy is a merchant energy trading company founded to combine innovative financial solutions.
Funding
Current Stage
Growth StageTotal Funding
$591.5MKey Investors
Sugar Creek CapitalManulife FinancialGreenprint Capital
2025-04-17Undisclosed· $98M
2025-04-17Debt Financing· $154M
2024-02-06Debt Financing· $47.5M
Recent News
pv magazine USA
2025-08-25
Energy-Storage.News
2025-08-20
Energy-Storage.News
2025-08-16
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