Location: Philadelphia,PA, USA
Manager, Project Acquisitions
About the job
Madison Energy Infrastructure ( MEI ) believes in the power of clean energy infrastructure and has quickly emerged as a preeminent developer, investor, asset owner, and operator of distributed generation. This role represents a critical next step in MEI's evolution toward offering direct, end-to-end services to Fortune 500 corporates, public entities, nonprofits, and other private customers alike and building out development pipelines to finance renewable energy projects with our development partners.
The Manager, Project Acquisitions will be instrumental in driving project acquisition goals to achieve MEI's ambitions for accelerating organic growth by investing in people and achieving operational excellence, expanding into new markets and technologies and building a best-in-class operating portfolio and development platform by leading asset M&A transactions. This position is best filled by a multi-disciplined, self-starter with excellent leadership skills and strong renewables experience and someone that enjoys working directly with development partners and all facets of MEI's business to drive the acquisition process forward.
What You'll Be Doing:
* Manage MEI's project acquisition process for at least 50 MWs of renewable energy projects per year, leading negotiations and the due diligence processes with project developers and working cross-functionally with internal MEI teams, including business development, legal, finance, engineering and procurement, construction, operations, and asset management to meet annual and long-term goals and provide best-in-class transaction services to development partners.
* Act as main point of contact for developers and project partners throughout acquisition processes. This will be demonstrated through closing of projects in accordance with internal timelines and within the economic and risk thresholds.
* Lead diligence and closing processes by directly reviewing key documents and deliverables and facilitating review by key internal and external technical experts and legal professionals.
* Work directly with legal team to ensure successful drafting and execution of purchase agreements, engineering, procurement and construction agreements, power purchase agreements, site control agreements, interconnection agreements, etc. that set all parties up for success over the long-term project as shown by construction timelines, project financials and megawatts owned and operating.
* Develop and communicate evidence-based, strategically sound recommendations for key commercial decisions with other key stakeholders and senior leadership.
* Work with MEI's Digital Director and management team to further develop and implement digital tools for MEI's project acquisition and onboarding processes as shown through hitting the outline targets year over year.
* Identify new tools (AI, digital, CRM) that can support and enhance our current and future solutions.
* Work with teams across the business to generate innovative solutions and efficient processes, and drive projects toward successful closing while ensuring strong developer and partner experiences and internal communication between frontline sales, engineering, finance and operations team.
* Drive innovation and process enhancement and serve as a change agent throughout the organization.
* Ensure adoption and collaboration, knowledge sharing, and best practices among partners and colleagues to help establish a robust project acquisition ecosystem.
What We Are Looking For:
* Broad understanding of renewable energy landscape, including solar and storage and trends with deeper technical understanding in one or more areas, ideally with an emphasis on distributed generation and sub-utility scale assets.
* Experience in a similar role leading diligence or transactions for at least 3 years.
* Working familiarity with key transactional and legal terminology common in renewable energy transactions.
* Ability to work and lead collaboratively with teammates across functions and see how small details in one area can affect all sorts of other functions and economics.
* Understanding of core business processes and financing landscape.
* Strong written and oral communication skills required.
* Fluency with Microsoft suite, particularly in Word with legal contracts and Excel discounted cashflow (DCF) financial models.
* Comfort with broad sets of deliverables and ability to set and execute on priorities
Location: New York, NY, Philadelphia, PA, or Washington, DC Metro (hybrid, onsite 4 days a week)
$130,000 - $165,000 a year
Actual salary offered may vary depending on job-related factors including, but not limited to, knowledge, skills, experience, and location.
Madison Energy Infrastructure is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.