Principal, Project Structuring

Location: BALTIMORE, MD, United States
Organization: Constellation New Energy, Inc.
Job ID: 230107
Date Posted: Feb 22, 2021

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Job Description

Description

Description

At Exelon, we've got a place for you!

Join the nation's leading competitive energy provider, with one of the largest electricity generation portfolios and retail customer bases in the country. You will be part of a family of companies that strives for the highest standards of power generation, competitive energy sales, and energy delivery. Our team of outstanding professionals is focused on performance, thought leadership, innovation, and the power of ideas that come from a diverse and inclusive workforce.

Exelon will provide you the tools and resources you need to design, build and enhance a successful career. We are also dedicated to motivating the success of our employees through competitive base salary, incentives, and health and retirement benefits.

Join Exelon and share your passion at a forward-thinking Fortune 100 company. Establish yourself in a place where you can truly shine and create a brighter, more sustainable tomorrow. Energize your career at Exelon!

PRIMARY PURPOSE OF JOB

The primary responsibility of the Principal – Project Structuring is to manage, coordinate, and report on the various project funding initiatives of the business. Working in coordination with Sales and other functional teams within the business and broader Corporate functions, along with an extensive network of third-party lenders and investors, the Principal – Project Structuring utilizes financial modeling expertise, experience in finance, tax, and accounting structuring, and external market research and networking to develop the optimal product offerings to meet our customer’s needs and maximize returns. The Principal also works in close coordination with Legal and external financiers to negotiate legal terms and conditions pertaining to financing and leads preparation of contract financial schedules and financing modifications. In addition, primary duties include identification and development of new potential sources of project financing, incentives, rebates, tax credits and deductions and any other source of funding to better position the company competitively through the development of value-driven financing solutions

PRIMARY DUTIES AND ACCOUNTABILITIES

Leads the development, evaluation, communication, and execution of funding solutions for the Energy Efficiency and Asset Operations business lines. 

 Actively monitors, manages, and optimizes existing portfolio of Federal Sale of Receivable financings and credit support. 

Establishes and maintains key lender and investor relationships to maximize capital structure flexibility and achieve the lowest cost of capital for funding a project. 

 Prepares financing and contractual documentation in accordance with specific regulatory requirements and contractual requirements. 

 Leads internal deal approval efforts in concert with Constellation’s and Exelon’s approval processes and manages relationships with internal functional groups to secure timely input and sign off 

 Works directly with Senior Leadership to develop and execute the project funding strategy for the business.

POSITION SCOPE

Reports to the Director – Distributed Energy Business Operations & Structuring

Direct access and interaction with Vice President of Distributed Energy and other senior leaders.

Responsible for coordination of efforts with other teams within the business, in particular the Project Controls, Sales, Project Management, Performance Assurance, and Asset Operations teams.

 

Qualifications

MINIMUM QUALIFICATIONS

Master’s Degree in Business Administration, Finance, or Economics plus 5 years or more of experience in energy project finance is required;

· In lieu of a Master’s degree, a Bachelor’s degree plus 10 years of relevant and demonstrable experience;

· Strong commercial acumen and credibility and confidence to speak to a customer’s C-level decision-makers;

· Prior distributed energy asset and/or energy efficiency transactional experience;

· Familiarity with capital lease finance, tax-exempt municipal lease and bond finance, public housing finance, federal agency finance,and commercial and industrial finance as well as a working understanding of tax equity and project finance.

· Working familiarity with contracting vehicles and experience with legal review and negotiations;

· Willingness to travel is a component to this position (a valid driver’s license is necessary at all times)

Preferred:

Knowledge of engineering and construction practices in energy efficiency retrofit / renovation applications as well as renewable generation deployment

 Advanced understanding of the financial aspects of the ESCO business model

 Advanced understanding of distributed energy and energy efficiency market dynamics and trends

Demonstrably advanced Microsoft Excel skills and proficiency in PowerPoint and database architecture

Working familiarity with discounted cashflow (DCF) financial modeling and ability to identify project financial viability and risks

 

Exelon is proud to be an equal opportunity employer and employees or applicants will receive consideration for employment without regard to: age, color, disability, gender, national origin, race, religion, sexual orientation, gender identity, protected veteran status, or any other classification protected by federal, state, or local law.

VEVRAA Federal Contractor

EEO is the Law Poster

 

DISCLAIMER

The preceding position description is intended to provide the general nature and level of work to be performed by employees within this classification. It is not intended to be a detailed description of the position or a comprehensive listing of all duties, responsibilities, and qualifications required of employees assigned to this position, nor is it intended to indicate the exact amounts of time an individual will perform various position duties.

 

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