Transaction and Diligence Specialist - IPT
1 Day ago
Rockville, Maryland, United States
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Job Description
Standard Solar is seeking a Transaction and Diligence Specialist in Rockville, MD, to support project acquisitions diligence in solar development. Responsibilities include managing diligence for acquisitions, coordinating with internal teams and external consultants, overseeing project data, and ensuring compliance with contracts. Candidates should have a relevant Bachelor's degree and 1-3+ years of experience in energy infrastructure development. The role requires strong organizational and communication skills.
Description
Job Summary
Standard Solar is a leading renewable energy company, focused on distributed-generation solar and battery storage projects as a developer, EPC provider and asset manager. Standard Solar is seeking a talented and highly motivated individual to support the project acquisitions diligence. This role supports project valuation, risk management, and investment decisions throughout the solar development lifecycle. This role will provide an opportunity to gain experience in solar development, project acquisition, project finance, and solar regulations in an exciting, high-growth environment. Standard Solar is an experienced, growing company that acquires, develops, constructs, and operates distributed solar assets across the United States.
Essential Duties And Responsibilities
• Manage and lead diligence for acquisition of portfolios and development activities by working with both partners and internal teams in areas including, but not limited to, site acquisition, real estate and title, interconnection, engineering, survey, permitting, environmental, offtake, incentives, and policy
• Prioritize, coordinate, review, and track key development deliverables with internal teams and external legal, zoning, environmental, interconnection, and engineering consultants
• Manage and report project data as it pertains to budget, schedule, and deliverables
• Gather market intelligence and expand relationships with local government, Authorities Having Jurisdiction (AHJ), incentive administrators, and other stakeholder groups to understand the project development and permitting processes
• Review and manage project contracts including purchase agreement, leases, interconnection agreements, and power purchase agreements to ensure compliance with their terms
• Transaction support for project financing and asset acquisitions
• The position will oversee multiple development opportunities at the same time at varying stages
• Create presentations summarizing all research involved in each project for review with stakeholders
• Coordinate all payments to landowners and developers
• Tracks all key deadlines, contractual obligations, incentive expiration dates and project risks
• Liaise with the pricing team to obtain underwriting models and send service requests
• Ensure assumptions align with engineering models
• Check and verify insurance requirements
• Forecast property tax predictions and obligations
• Manage Payments in Lieu of Taxes (PILOT) agreements
• Monitor Purchase Agreement adjusters
Knowledge, Skills, and Abilities
• Four-year Bachelor's degree in a relevant discipline.
• Energy or Business related degree is a plus
• 1-3+ years of experience required in energy infrastructure development
• Project management, organizational, and analytical problem-solving skills
• Self-motivated with a high level of initiative and accountability
• Excellent interpersonal, Written and verbal communication, negotiation, and influencing skills
• Strong work ethic and ability to self-start in a fast-paced environment
• Organized, diligent, detail orientated and able to manage multiple streams of information on an ongoing basis
• Ability to multi-task and work in a deadline-driven environment
• Located or able to relocate to Rockville, MD.
Work Environment
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Interfaces with customers, vendors and the public. All employees, including Senior and Executive Management, Sales & Finance.
Physical Demands
Standard Solar, Inc.
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