Company profile:
Repsol is one of the world’s leading multi-energy providers, headquartered in Madrid, Spain. Our objective is to advance in the energy transition and reduce the emissions of our operations and products in line with the goals set out by the Paris Agreement. The low-emissions generation business is one of the pillars of our strategy to be a net-zero emissions company by 2050, targeting low-emission generation capacity to reach 6GW by 2025 and 20GW by 2030.
In the summer of 2021, Repsol expanded its renewables operations to the US through the 40% acquisition of a large U.S.-based PV solar and battery storage project developer. Through this acquisition, Repsol has secured access to a significant renewable asset development pipeline. We are currently building a renewables portfolio of around 6 GW by 2030. We are looking for great talent to join our dynamic team and become part of Repsol’s, Renewables North America success story.
Job Summary:
Repsol Renewables North America is looking for a Manager or Senior Manager of Structured Finance to support capital raise activities for utility scale wind, solar and energy storage projects, and portfolios. The structured finance team leads origination, structuring, negotiation, and execution of third-party financings, including tax equity partnerships, tax credit monetization and project finance debt. The structured finance team plays a key role in securing competitive financing for our projects and supporting Repsol’s goals of increasing renewable power generation capacity.
The position is based in Downtown Houston with a hybrid work model of 3 days in the office and 2 days from home.
Key Responsibilities:
Manage and lead the origination, structuring, negotiation and execution of tax equity/tax credit financings, structured finance (construction finance, back leverage) and asset rotation transactions.Develop and maintain financial models used in financing transactions and internal analysis. Analyze and recommend structuring considerations and financing alternatives.Prepare marketing presentations (teasers, CIMs) and support outreach and selection of financing partners.Coordinate various due diligence processes with internal departments (development, construction, operations, finance). Manage external stakeholders such as financial advisors, legal counsel and consultants while managing project data rooms.Provide support to the investment approval process by providing financing and structuring guidance to M&A, tax, and accounting teams.Develop and maintain strong relationships with internal departments to ensure accurate information is provided to lenders and/or investors.Review commercial agreements (PPAs, leases, etc.) to ensure compatibility with financing requirements; provide relevant feedback to commercial teams.Maintain relationships with financial institutions including banks, export credit agencies, institutional investors, private equity/infrastructure funds, IPPs and utilities.Monitor industry trends, competitor activities, and emerging financing structures in renewable energy to inform decision-making and optimize financing strategies.Qualifications:
Must be authorized to work in the US for any employer5+ years of experience in project finance, M&A, investment analysis, or portfolio management, including experience in the renewable energy industry.Experience in developing and utilizing complex financial models for investment analysis and/or project financing.Experience in execution of tax equity and project financing structures utilized for renewable energy projects in the United States.Independently lead work streams and manage complex transactions, with the ability to prioritize tasks, meet deadlines, and work effectively in a fast-paced environment.Effective communication style and demonstrated ability to work with senior leadership, business partners, and consultants. Ability to identify and make recommendations to senior team members.Strong interpersonal skills and ability to work in a team-based environment.Education:
BA/BS degree required; finance, economics or accounting focus preferred.MBA, CFA, CPA, and/or equivalent certifications are preferredRequired skills:
Job posting end date:21-03-2025