Senior Vice President, Capital Markets, Investments & Project Finance - DG Solar Company

Overview

This remote role sits within the Finance department and reports to the Chief Financial Officer (CFO). The organization is hiring a Senior Vice President to lead capital formation, structured finance, investment underwriting, capital allocation, and financial planning.

Responsibilities

Capital markets and capital formation

• Develop and execute the capital markets strategy with the CFO, CEO, and executive leadership team.
• Lead capital raising across project, portfolio, asset, and corporate financing structures.
• Evaluate and execute financing options, including:
  • Construction debt
  • Term debt and back-leverage facilities
  • Tax equity and tax credit transfers
  • Preferred equity and growth equity
  • Corporate debt and revolving credit facilities
  • Joint ventures and portfolio financings
  • Structured capital solutions and asset-level refinancing
  • Other strategic financing arrangements
• Build financing strategies that balance cost of capital, liquidity, execution certainty, covenants, risk allocation, and long-term enterprise value.
• Lead negotiations with commercial banks, institutional investors, infrastructure funds, tax equity providers, private credit providers, investment banks, rating agencies, and other capital partners.
• Run financing processes end to end: market engagement, term sheets, diligence, documentation, closing, and post-closing compliance.
• Maintain relationships with existing capital providers and open up new sources of institutional capital.
• Track capital markets conditions, interest rates, lender requirements, tax equity availability, investor appetite, and renewable energy financing trends.
• Recommend when to finance, refinance, hold, sell, aggregate, or otherwise monetize individual assets and portfolios.

Project and portfolio capitalisation strategy

• Set up a disciplined process for deciding which projects and portfolios to prioritise for capitalisation.
• Assess projects on development maturity, interconnection status, permitting, site control, subscriber readiness, offtake, revenue certainty, construction needs, tax credit eligibility, financing availability, and projected returns.
• Work with Development, Project Finance, EPC, Asset Management, Subscriber Management, Legal, Tax, Accounting, and Operations to judge project readiness and financing risk.
• Build and maintain a prioritised capitalisation roadmap for the development pipeline and operating portfolio.
• Recommend the best timing, structure, and grouping of projects for financing.
• Decide whether projects are financed individually, aggregated into portfolios, placed in warehouse facilities, contributed to joint ventures, or funded with corporate capital.
• Weigh how to deploy limited capital across community solar, commercial and industrial solar, standalone storage, and hybrid solar-plus-storage.
• Identify capital constraints, concentration risks, funding gaps, and dependencies that could affect construction schedules or commercial operation dates.
• Recommend corrective actions or alternative structures when projects fall short of capitalisation requirements.
• Monitor capitalised projects against underwriting assumptions, financing milestones, budgets, and expected returns.

Project underwriting and investment analysis

• Lead financial underwriting for community solar, distributed generation, energy storage, and related investments.
• Set consistent underwriting standards, investment criteria, risk classifications, and minimum return thresholds.
• Evaluate project and portfolio economics, including:
  • Development, construction, interconnection, and operating costs
  • Generation and production assumptions
  • Subscriber acquisition and management costs
  • PPA terms and community solar credit values
  • Renewable energy incentives, Investment Tax Credits and adders
  • Debt sizing and tax equity economics
  • Merchant versus contracted revenue exposure
  • Residual and terminal value
• Assess risks across development, interconnection, permitting, construction, supply chain, revenue, customer concentration, regulation, financing conditions, and operating performance.
• Ensure investment recommendations combine quantitative analysis with a grounded view of execution risk.
• Own underwriting templates, approval thresholds, risk methodologies, and investment review procedures.
• Compare actual project and portfolio performance with original underwriting, explain variances, and recommend corrective action.
• Feed lessons from operating assets and completed financings back into underwriting standards.

Financial modelling and sensitivity analysis

• Provide executive oversight of project, portfolio, financing, and enterprise financial models.
• Personally review, modify, and challenge complex models rather than relying on outputs alone.
• Use models to test alternative capital structures, financing terms, project groupings, development schedules, and operating assumptions.
• Run sensitivity, scenario, and downside analysis on:
  • Capital costs
  • Interest rates
  • Debt capacity
  • Tax equity terms and tax credit eligibility
  • Construction costs
  • Production and subscriber performance
  • Revenue rates and operating expenses
  • Delays, refinancing, and exit values
• Evaluate IRR, NPV, ROIC, cash yield, debt-service coverage, leverage, and payback.
• Keep models accurate, transparent, auditable, and aligned with approved corporate assumptions.
• Set model governance: version control, review standards, ownership, and approval protocols.
• Turn complex analysis into concise conclusions and clear recommendations for senior decision-makers.
• Lead development of an integrated enterprise model linking the pipeline, operating assets, financing obligations, liquidity, and the long-range plan.

Investment Committee leadership

• Lead the financial preparation and presentation of capitalisation and investment recommendations to the Investment Committee.
• Prepare and oversee IC memos, underwriting summaries, financing comparisons, risk assessments, and approval materials.
• Clearly outline each opportunity, including:
  • Strategic rationale
  • Proposed capital structure
  • Expected returns
  • Key assumptions
  • Principal risks
  • Sensitivity and downside cases
  • Capital requirements
  • Recommended approval conditions
• Present complex financing and investment matters in a concise, decision-focused format.
• Answer questions and challenges credibly from the Investment Committee, investors, lenders, executives, and the Board.
• Separate model outputs, management assumptions, market information, and areas of judgement.
• Ensure every recommendation states the decision requested, alternatives considered, principal risks, and management’s preferred course.
• Keep accurate records of IC decisions, conditions, follow-ups, and approved changes to underwriting assumptions.
• Track approved investments and financings against IC commitments and report material variances.

Financial planning and analysis

• Provide executive leadership and strategic direction to the FP&A function.
• Oversee budgeting, forecasting, long-range planning, liquidity forecasting, management reporting, and performance analysis.
• Consolidate project financing, development spend, construction activity, operating performance, and corporate costs into one financial outlook.
• Partner with the Senior Director of FP&A on planning calendars, reporting standards, assumptions, and accountabilities.
• Build multi-year capital deployment plans aligned with strategic and growth objectives.
• Assess financial impact of organic development, project and portfolio acquisitions, platform investments, storage deployment, asset sales, and refinancing.
• Provide the CFO and leadership team timely analysis of liquidity, capital needs, forecast risks, financing dependencies, and plan performance.
• Improve forecast accuracy by tying plans to project milestones, financing assumptions, development probabilities, and operating performance.
• Build reporting that links operational outcomes to financial performance and capital requirements.
• Identify emerging financial risks and recommend action to protect liquidity, manage leverage, and maintain access to capital.

Structured finance and transaction execution

• Design and evaluate financing structures for community solar, distributed generation, and energy storage assets.
• Assess how debt, tax equity, preferred equity, corporate equity, tax credit transfers, and other capital interact within a project or portfolio.
• Test structures for cost, flexibility, cash-flow impact, covenant risk, collateral, recourse, tax consequences, and execution complexity.
• Coordinate internal and external diligence on financing transactions.
• Work with Legal and Tax to review and negotiate term sheets, commitment letters, credit agreements, guarantees, security documents, tax equity agreements, and related documents.
• Work with Accounting on financial reporting implications of proposed structures.
• Ensure structures can be supported operationally after closing.
• Build financing playbooks, diligence checklists, approval requirements, and transaction management processes.
• Oversee compliance with material financing obligations alongside Accounting, Legal, and Asset Management.

Cross-functional and executive partnership

• Serve as strategic finance adviser to the CFO, CEO, leadership team, and Investment Committee.
• Partner with Development on pipeline maturity, capital requirements, and investment priorities.
• Partner with Project Finance and external advisers on debt, tax equity, structured finance, and refinancing.
• Partner with Corporate Development on underwriting and financing for project, portfolio, platform, and corporate acquisitions.
• Work with Asset Management and Operations to incorporate actual performance into financing assumptions and investment decisions.
• Coordinate with Legal, Tax, and Accounting to ensure transactions are properly structured, documented, and reported.
• Provide objective financial challenge when projects, investments, or capital structures miss risk-adjusted returns or strategic requirements.
• Build alignment across stakeholders with differing operational, commercial, and financial priorities.

Team leadership and function development

• Lead, mentor, and develop the FP&A and investments team.
• Set clear roles, decision rights, performance expectations, and development plans for direct reports.
• Build a collaborative, analytical, commercially disciplined, and high-accountability finance culture.
• Strengthen team capabilities in modelling, underwriting, capital markets, investment analysis, forecasting, executive communication, and transaction execution.
• Ensure the team can run financing, planning, underwriting, and Investment Committee workstreams simultaneously.
• Implement scalable processes, documentation standards, and quality controls.
• Define the capabilities and resources the function will need as the organization grows.

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, Business, Engineering, or a related field.
• MBA, CFA, CPA, or another relevant advanced degree or credential preferred.
• At least 15 years of progressive experience in capital markets, project finance, structured finance, infrastructure investing, investment banking, renewable energy finance, private equity, corporate finance, or a related field.
• Significant experience in renewable energy, power, infrastructure, or distributed generation strongly preferred.
• Track record of raising and structuring capital for solar, community solar, energy storage, independent power, or comparable infrastructure assets.
• Direct experience with several forms of capital, such as project debt, corporate debt, tax equity, preferred equity, private credit, joint ventures, growth equity, or structured capital.
• Proven ability to judge project and portfolio readiness for financing.
• Advanced experience underwriting projects and evaluating risk-adjusted returns.
• Expert understanding of project, portfolio, and enterprise financial models, including ability to modify models and run sensitivity, scenario, and downside analysis.
• Experience presenting investment or financing recommendations to an Investment Committee, Board, executive team, lenders, or institutional investors.
• Strong understanding of renewable energy tax incentives, project revenue structures, financing documentation, and capital-provider requirements.
• Proven ability to lead and develop FP&A, investment, financial analysis, or transaction teams.
• Experience in a growth-stage, entrepreneurial, or private-capital-backed business preferred.

Compensation & Benefits

• Base salary: $240,000 – $260,000
• Annual bonus opportunity

Location

• Remote