Fervo Energy · 6 hours ago
Director, Capital Portfolio Management
Houston, TX
Full-time
Hybrid
Director/Executive
7+ years expFervo Energy is overseeing and actively managing its portfolio of private capital facilities across the full project and corporate lifecycle. The Director, Capital Portfolio Management will ensure that financing structures are executed, governed, and optimized while managing relationships with lenders and equity partners.
EnergyEnergy EfficiencyEnergy ManagementNuclearRenewable Energy
Responsibilities
Ongoing management and oversight of Fervo’s private capital facilities across both project and corporate levels, including project finance debt, project-level equity and joint venture structures, tax equity, and corporate debt facilities
Direct oversite of project finance debt facilities throughout construction and operations, including management of construction loan draws, borrowing base mechanics, conditions precedent, lender notices, compliance reporting, and covenant monitoring
Lead lender consents, waivers, and amendments, act as the primary day-to-day relationship owner with lenders and agents following financial close, and support the transition from construction to operations, including preparation for refinancings and facility modifications
Primary post-close relationship manager for project-level equity, tax equity, and joint venture partners and will oversee ongoing governance throughout construction and operations
Manage information rights, approval processes, reporting obligations, and issue resolution, as well as preparing analyses and materials to support project-level decisions and ensure structures are administered in accordance with governing agreements and strategic objectives
Manage the administration and compliance of corporate debt and other private capital facilities, including facilitating Letter of Credit postings and surety management, working closely with Treasury on liquidity management, forecasting, and covenant compliance
Interface with Investor Relations to support communications and reporting to lenders and private capital providers and ensure consistency between financing obligations and internal financial planning
Build and manage a small, high-performing portfolio management team, initially overseeing one direct report and expanding the team as Fervo’s capital base grows
Serve as the central point of coordination across Legal, Engineering, Accounting, Development / Asset Management, Treasury, and other functions to ensure effective execution, governance, and reporting across the capital portfolio
Qualification
Required
7+ years' experience in project finance, infrastructure finance, energy investing, asset management, or structured finance, with significant exposure to post-close management of complex capital facilities
Bachelor's degree in finance, accounting, engineering, or a related field
Hands-on experience with project finance debt during construction, including loan draws, CPs, lender consents, and compliance management
Proven ability to manage external relationships with lenders, equity partners, and advisors while coordinating across internal technical and commercial teams
Demonstrated experience operating across the full asset lifecycle, including construction, early operations, and refinancings
Exceptional organizational, communication, and execution skills, with comfort operating in highly technical, multi-stakeholder environments
Company
Fervo Energy
Fervo Energy develops and operates clean energy technology to generate carbon-free energy from geothermal systems.
51-200 employees
Funding
Current Stage
Late StageTotal Funding
$1.45BKey Investors
B CapitalBreakthrough Energy VenturesMercuria
2025-12-10Series E· $462M
2025-06-11Series Unknown· $100M
2025-06-11Debt Financing· $105.6M
Leadership Team
Tim Latimer
Chief Executive Officer
J
Jack Norbeck
Co-Founder and CTO
Recent News
Bizjournals.com Feed (2025-11-12 15:43:17)
2026-01-23
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