Jupiter Power LLC
Legal Offtake Counsel
Jupiter Power LLC, Chicago, Illinois, United States, 60290
Jupiter seeks to grow its team with the recruitment of a highly motivated attorney to serve as Legal Counsel, reporting directly to the General Counsel. The ideal candidate will have experience in a broad range of legal disciplines, project development and operations, project finance and tax equity, trading activities and associated agreements and transactional work, preferably in the renewable energy, battery energy storage 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.
Responsibilities:
Negotiate, draft, and advise on commercial power contracts including complex offtake, power purchase agreements and hedging transactions (virtual and physical), energy management agreements, registration with commodity brokers, transactions under ISDAs, EEI and the related confirmations, tolling transactions, capacity purchase transactions, and supporting parent guarantees/credit support. Advise on finance ability of commercial transactions. Work with the origination, engineering, asset management, and market operations teams to understand the operation of battery energy storage systems for advising on applicable agreements. Advise market operations on operational matters including the negotiation of qualified scheduling entity contracts and related matters. Advise on the Company’s risk policy for planning, forecasting, procurement, trading, buying, selling, and scheduling of energy, ancillary services, and capacity products. Advise on trading activities and draft associated agreements. Provide legal support to Jupiter’s development, construction, finance, operations, corporate, compliance and trading teams as needed. Draft, review and negotiate legal agreements spanning project, corporate, M&A and transactional areas. Advise and work on other areas of legal matters as needed including garden variety agreements. Hire and manage outside legal counsel and billings. Requirements:
Bachelors and JD required. Must be licensed to practice law in the jurisdiction of applicable office location. At least 5-10 years of legal experience required. Candidates will be required to pass a pre-employment background investigation and may be subject to drug tests as a condition of employment. The position is eligible to work a hybrid work schedule with mandatory three days in the office per week.
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Negotiate, draft, and advise on commercial power contracts including complex offtake, power purchase agreements and hedging transactions (virtual and physical), energy management agreements, registration with commodity brokers, transactions under ISDAs, EEI and the related confirmations, tolling transactions, capacity purchase transactions, and supporting parent guarantees/credit support. Advise on finance ability of commercial transactions. Work with the origination, engineering, asset management, and market operations teams to understand the operation of battery energy storage systems for advising on applicable agreements. Advise market operations on operational matters including the negotiation of qualified scheduling entity contracts and related matters. Advise on the Company’s risk policy for planning, forecasting, procurement, trading, buying, selling, and scheduling of energy, ancillary services, and capacity products. Advise on trading activities and draft associated agreements. Provide legal support to Jupiter’s development, construction, finance, operations, corporate, compliance and trading teams as needed. Draft, review and negotiate legal agreements spanning project, corporate, M&A and transactional areas. Advise and work on other areas of legal matters as needed including garden variety agreements. Hire and manage outside legal counsel and billings. Requirements:
Bachelors and JD required. Must be licensed to practice law in the jurisdiction of applicable office location. At least 5-10 years of legal experience required. Candidates will be required to pass a pre-employment background investigation and may be subject to drug tests as a condition of employment. The position is eligible to work a hybrid work schedule with mandatory three days in the office per week.
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