Drax Group
Director, Development Finance - Elimini
Drax Group, Houston, Texas, United States, 77246
Director,Development Finance - EliminiPermanentLocation:Houston, TXCareerLevel 3
We are Elimini and our purpose is to remove carbon for good.
Elimini are developing a multi-billion, BioenergyCarbon Capture & Storage (BECCS) which aims to deliver carbon removals atmegaton scale.
Are you an experienced within DevelopmentFinance Do you want to be part of Elimini, our purpose being, to remove carbonfor good!
Asthe Director, Development Finance, you'll be responsible for the developmentand maintenance of a project business case for large scale Biomass Energy andCarbon Capture and Storage (BECCS) projects from site identification to FID.
Yourrole will involve being actively involved in all key stages in the formation ofa business case, from building the rationale/strategic concept, to ensuringaccuracy and thorough analysis and making the recommendation re. next steps andonward project management.
You'llbe located within on our flag ship office in Houston within the Energy Corridor- the energy gateway! This role can also be based on Hybrid working and travelthroughout North America may also be required
Aboutthe role
With direction from VP, DevelopmentFinance, you'll manage the development of a project business case ensuringalignment with site identification team, Innovation targets and wider Elimini objectives.
You'll support VP, Development Financein the creation and evolution of a business case throughConfirming the opportunity (rational/strategic logic)Identifying available optionsShortlisting and analyzing select options based on strategic rationale and investment economicsLeading development and optimization of financial model, project financing, tax equity financing, overall economics and sensitivity analysesEvaluating relevant combinations of project financing options (such as tax equity, bank financing, USPP) to optimize overall economicsPreparing analysis and pitch decks for external investors, banks, rating agencies (as may be relevant
You'll work in close coordination withcorporate treasury, preparing various analyses and materials for externalinvestors, banks, tax equity investors, rating agencies (as may be relevant)with respect to the projects.
You'll also be interactingwith all other project leads to ensure the inputs and outputs are up to date,accurate and recorded and maintaining reporting data on projecteconomics and investment decisions.
Aboutyou
Essentially, you'll hold a B.S. inBusiness, Finance, Engineering, or related field. MBA preferred.
You'lldemonstrate your significantexperience (7-10 years) of development/project finance/modeling experience inutility scale US renewable generation projects (such as solar and wind) thatare under development or construction.
You'll have experience indeveloping/overseeing infrastructure project finance, construction finance,development finance and/or tax equity modeling for large construction projectsis important
Key to this role is a financebackground/experience; you'll understand value creation and prioritization offunding and resources in large organizations to implement large scale capitalprojects.
Leadership and Collaboration is key!You'll provide you're experience working in and/or leading cross-functional,multi-cultural teams
Who are Elimini?
Eliminiis a Drax company. Our purpose is to 'remove carbon for good' with theambitious goal of becoming the world's leading carbon removals company byremoving millions of tonnes of carbon dioxide from the atmosphere whilegenerating 24/7 renewable power through the global deployment of BECCS
We arepartnering with innovative institutions who will provide their expertise andsupport to help us push the boundaries of carbon capture technology and play acritical role in delivering climate solutions at world-changing scale
We'recommitted to making a tangible impact on the climate challenge we all face.Drax is where your individual purpose can work alongside your career drive. Wework as part of a team that shares a passion for doing what's right for thefuture. With Drax you can shape your career and a future for generations tocome.
Together,we make it happen.
AtDrax, we're committed to fostering an environment where everyone feels valuedand respected, regardless of their role. To make this a reality, we activelywork to better represent the communities we operate in, foster inclusion, andestablish fair processes. Through these actions, we build the trust needed forall colleagues at Drax to contribute their perspectives and talents, no mattertheir background. Find out more about our approach here.
Talk tous about flexible working!
How toapply:
Thinkthis role is for you? Click the 'apply now' button to begin your Eliminijourney.If youwant to find out more about Elimini and Drax, check out our LinkedIn page tosee our latest news.
Weunderstand that you may have some additional questions about the role. If you'dlike to have a confidential chat to discuss the role in more detail, pleaseemail laura.stephenson@drax.com
#LI-HYBRID
We are Elimini and our purpose is to remove carbon for good.
Elimini are developing a multi-billion, BioenergyCarbon Capture & Storage (BECCS) which aims to deliver carbon removals atmegaton scale.
Are you an experienced within DevelopmentFinance Do you want to be part of Elimini, our purpose being, to remove carbonfor good!
Asthe Director, Development Finance, you'll be responsible for the developmentand maintenance of a project business case for large scale Biomass Energy andCarbon Capture and Storage (BECCS) projects from site identification to FID.
Yourrole will involve being actively involved in all key stages in the formation ofa business case, from building the rationale/strategic concept, to ensuringaccuracy and thorough analysis and making the recommendation re. next steps andonward project management.
You'llbe located within on our flag ship office in Houston within the Energy Corridor- the energy gateway! This role can also be based on Hybrid working and travelthroughout North America may also be required
Aboutthe role
With direction from VP, DevelopmentFinance, you'll manage the development of a project business case ensuringalignment with site identification team, Innovation targets and wider Elimini objectives.
You'll support VP, Development Financein the creation and evolution of a business case throughConfirming the opportunity (rational/strategic logic)Identifying available optionsShortlisting and analyzing select options based on strategic rationale and investment economicsLeading development and optimization of financial model, project financing, tax equity financing, overall economics and sensitivity analysesEvaluating relevant combinations of project financing options (such as tax equity, bank financing, USPP) to optimize overall economicsPreparing analysis and pitch decks for external investors, banks, rating agencies (as may be relevant
You'll work in close coordination withcorporate treasury, preparing various analyses and materials for externalinvestors, banks, tax equity investors, rating agencies (as may be relevant)with respect to the projects.
You'll also be interactingwith all other project leads to ensure the inputs and outputs are up to date,accurate and recorded and maintaining reporting data on projecteconomics and investment decisions.
Aboutyou
Essentially, you'll hold a B.S. inBusiness, Finance, Engineering, or related field. MBA preferred.
You'lldemonstrate your significantexperience (7-10 years) of development/project finance/modeling experience inutility scale US renewable generation projects (such as solar and wind) thatare under development or construction.
You'll have experience indeveloping/overseeing infrastructure project finance, construction finance,development finance and/or tax equity modeling for large construction projectsis important
Key to this role is a financebackground/experience; you'll understand value creation and prioritization offunding and resources in large organizations to implement large scale capitalprojects.
Leadership and Collaboration is key!You'll provide you're experience working in and/or leading cross-functional,multi-cultural teams
Who are Elimini?
Eliminiis a Drax company. Our purpose is to 'remove carbon for good' with theambitious goal of becoming the world's leading carbon removals company byremoving millions of tonnes of carbon dioxide from the atmosphere whilegenerating 24/7 renewable power through the global deployment of BECCS
We arepartnering with innovative institutions who will provide their expertise andsupport to help us push the boundaries of carbon capture technology and play acritical role in delivering climate solutions at world-changing scale
We'recommitted to making a tangible impact on the climate challenge we all face.Drax is where your individual purpose can work alongside your career drive. Wework as part of a team that shares a passion for doing what's right for thefuture. With Drax you can shape your career and a future for generations tocome.
Together,we make it happen.
AtDrax, we're committed to fostering an environment where everyone feels valuedand respected, regardless of their role. To make this a reality, we activelywork to better represent the communities we operate in, foster inclusion, andestablish fair processes. Through these actions, we build the trust needed forall colleagues at Drax to contribute their perspectives and talents, no mattertheir background. Find out more about our approach here.
Talk tous about flexible working!
How toapply:
Thinkthis role is for you? Click the 'apply now' button to begin your Eliminijourney.If youwant to find out more about Elimini and Drax, check out our LinkedIn page tosee our latest news.
Weunderstand that you may have some additional questions about the role. If you'dlike to have a confidential chat to discuss the role in more detail, pleaseemail laura.stephenson@drax.com
#LI-HYBRID