Legal Counsel - Financing

Job Description

Job Description

Salary:

Jupiter Power is an energy infrastructure company focused on the development, construction, and operation of energy storage assets in wholesale electricity markets. Formed in 2017, the company is a national leader in energy storage deployment, utilizing its proprietary dispatch optimization applications to support both merchant and contracted structures. Backed by BlackRocks Diversified Infrastructure business, Jupiter Power has a strategic and established portfolio of787.5 MW/1375 MWh of utility-scale energy storage projects operating or in construction in the U.S., with a leading pipeline of over 11,000 MW in active development.

Jupiter seeks to grow its team with the recruitment of a highly motivated attorney, reporting to the Chief Legal Officer. The ideal candidate will have experience in a broad range of legal disciplines, including project development and finance, associated agreements and transactional work, preferably in energy storage, renewable energy and/or power markets. The successful candidate will be able to work on a range of legal issues for the company, as well as business and strategy matters.

This role will be based out of one of our three Company offices (Austin, TX; Houston, TX; Chicago, IL) and be subject to our return-to-office policy which currently requires that employees come in a minimum of three days per week.

Key Responsibilities

Work across teams within Jupiter Power to support execution of key tasks including those listed below.

• Advise and lead all financing transactions including construction, project finance, and tax credit monetization transactions. Such responsibilities include directing due diligence efforts, review, draft and effectively negotiate transaction documents (loan agreements, promissory notes, security agreements, and ancillary documents), manage closing and advising on post-closing covenants. Ability to spearhead and implement internal processes to maximize efficiency in aforementioned areas is crucial.

• Advise and lead tax credit monetization transactions and tax equity compliance, challenges and audits, and dispute matters arising from time to time.

• Advise and manage financing covenant compliance including implementation of internal processes.

• Advise and provide legal support development, transmission and origination departments on project development related matters including interconnection matters, permitting and governmental contracts, ISO market participant matters, and origination RFP submittals.

• Manage and finalize late-stage development action items for projects to ensure finance readiness.

• Supervise and mentor transactional support personnel.

• Advise and work on other areas of legal matters as needed including garden variety contracts such as professional services agreements, licenses, confidentiality agreements and similar contracts.

• Hire and manage outside legal counsel and billings.

• Collaborate with, and advise, cross-functional teams to ensure legal compliance and risk management including the companys development, finance, construction, market operations and asset management departments related to the financing, construction, and operation of battery storage projects.

Requirements

• Bachelors and JD required.

• Must be licensed to practice law in the jurisdiction of applicable office location.

• At least 5 years of legal experience required.

• In-house experience preferred.

• Expertise in a variety of financing transactions including construction, project finance, and tax credit monetization transactions.

• Comfortable with ambiguity and making business decisions with limited information.

• Eager to wear multiple hats depending on business needs and project priorities.

• High comfort level with leading and supervising teams, with the curiosity and enthusiasm to innovate and formulate new ideas and motivate co-workers.

• Must be able to take ownership and initiative, in order to be to be effective within a highly motivated, fast-moving team and complete tasks in a timely manner including directing the business units as necessary.

• Will often require work outside of normal business hours, especially during financing closings.

• (Preferred) Familiarity with energy storage, renewable energy technologies and deployments, and generation, transmission and power markets.

Compensation & Benefits

Salary Range: $150,000 - $200,000

This pay range reflects the minimum and maximum target salary for the position. Jupiter Power considers a number of factors when determining starting compensation such as the position requirements and the candidate's qualifications.

In addition to base pay, the total annual compensation package may also include eligibility to participate in our bonus and equity programs. Jupiter Power offers a variety of other benefits including paid time off, 401k with limited matching, health benefits (medical, dental, and vision), life insurance, disability insurance, and flexible spending accounts.

Jupiter Power does not discriminate based on a candidate's race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, disability, or any other protected class.