Renewable Energy (RE) Project Finance Specialist (Arlington, VA)
1 Day ago
Arlington, Virginia, United States
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Job Description
GPTech is seeking a Renewable Energy Project Finance Specialist in Arlington, VA, to manage project financing activities for a Solar for All program funded by the Virginia Department of Energy. This role involves supporting solar contractors and financial partners to provide financing options for low-income households. The position is contingent upon award and requires collaboration with local stakeholders, focusing on enhancing access to affordable solar energy.
GPTech is a global energy and infrastructure consulting firm passionate about engineering and energizing a future for all. We are a close-knit team of highly qualified technical and development professionals dedicated to making a lasting impact for realizing a sustainable future.
Working at the intersection of energy, infrastructure, and development, GPTech provides solutions to government agencies, quasi-government organizations, multilateral financial institutions, and utilities with sizable investments in energy and infrastructure. Providing comprehensive services from project inception to completion and post-completion, we deliver solutions to help clients save money, enhance operations, protect the environment, and achieve lasting impacts. We are a trusted partner for delivering solutions through ongoing engagement and continuous improvement.
With humble beginnings as a startup between two college friends, today, after 15 years in business, GPTech has successfully supported more than 100 projects for over 30 clients and 75 countries. We continue to lead the world in employing innovative energy and engineering solutions to manage Earth's resources and to meet society's needs. GPTech is a mission-driven technical consulting company that specializes in energy, infrastructure, and development. GPTech's work is guided by its core mission, vision, and value. Visit greenpwrd.com for more information.
GPTech is seeking a Renewable Energy (RE) Project Finance Specialist to join our bid team for an upcoming Solar for All program funded by the Virgina Department of Energy under the Greenhouse Gas Reduction Fund, a $7 billion initiative under the U.S. Environmental Protection Agency aimed at expanding access to eligible affordable, resilient, and clean solar energy for low-income households and communities, including tribal nations. The Single-Family Solar Sub-Program (SFSS) will assist single-family households by providing grant subsidies to lower overall costs for system installation and essential enabling upgrades for eligible households in Virginia. In addition, SFSS will work with financial partners to improve access to project financing to supplement the grant subsidies. The Multi-Family Plus Storage (MFPS) Sub-Program similarly includes a grants program for pre-development technical assistance, upgrades, and battery storage, in addition to management of a $28million revolving loan fund for on-site solar at multiple-family properties.
The RE Project Finance Specialist will manage relevant project financing activities, including supporting the program's network of solar EPC and financial partners to identify and provide affordable solar loans, leases, power purchase agreements, and related options to finance costs of system installation as well as administer a revolving loan fund under the MFPS. The RE Finance Specialist will work closely with solar contractors, financial partners, and local community stakeholders to deliver meaningful benefits to participating households. GPTech is applying for both the SFSS and MFPS solicitations and the total scope for the role will depend on whether we are awarded one or both sub-programs. This position is contingent upon award.
The RE Project Finance Specialist will be based in the Arlington, Virginia area.
Responsibilities:
Manage the project financing activities for the SFSS and/or MFPS sub-programs and support engagement with the network of financing institutions. Help create and manage a network of financing institutions for the program that will provide affordable solar loans, leases, and power purchase agreements to finance the upfront costs of solar system installation and lower the financing cost for customers. Develop financial partner participation guidelines, including ongoing monitoring protocol and compliance guidelines. Under the MSPS, manage the GPTech team's development and implementation of a revolving loan fund for solar development for multi-family housing. Work with the project Grants Manager to coordinate and leverage support to complement grants subsidies activities and processes to promote program cohesion, including on grant disbursement, fund tracking, and financial reporting. Maintain accurate records of program outcomes, including energy cost savings, emissions reductions, and workforce impacts. Qualifications: Bachelor's degree or higher in public administration, environmental policy, finance, or a related field 5'7 years of direct experience in project finance (preferably in the RE sector), grants management, program administration, or contract management Experience with RE or energy efficiency programs preferred Excellent organizational, project management, and communication skills Ability to work independently and manage multiple projects in a fast-paced environment Proficiency in grant management software and financial reporting tools Thank you for applying and for your interest in GP Tech. Only qualified candidates selected for further screening will be contacted. Candidates will be evaluated continuously. All are encouraged to apply as soon as possible, as employment may be contingent upon a successful background check, security clearance, and/or customer approval.
The physical demands and work environment that are described in this position description are representative of those an employee may encounter while performing the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions in accordance with the Americans with Disabilities Act.
This position description is a summary of the essential functions and requirements of this position. This document is not intended to be a comprehensive list of all duties and requirements of the position; at any time, the employee's manager may assign other duties as related, or as otherwise deemed appropriate and necessary, within the general scope of the role, without the need for additional compensation.
GP Tech is proud to be an Affirmative Action/Equal Opportunity employer and encourages diversity and inclusion in the workplace. We are committed to providing equal employment opportunities for all persons, in all facets of the employment process. GP Tech prohibits the discrimination and harassment of any kind based on race, color, religion, age, gender, sexual orientation, gender identity or expression, national origin, citizenship status, marital status, parental status, genetic information, disability, protected veteran status, or any other characteristic protected by federal, state, or local laws.
This is a consultant position
Salary: USD 72000 - 108000 per year
Experience: 3 years required
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