Head of Project Finance
Fractal Power - New York, NY
Hiring: Head of Project Finance Company: Fractal Power Location: New York, NY Job Posted Time: 2026-09-11 07:38:45 Target Skills & Keywords : Compliance, REST, SAFe About the job Experience: •8+ years in project finance, structured finance, or energy infrastructure capital markets, with direct experience financing renewable, storage, or other capital-intensive assets Required Skills: •Own the financial architecture behind Fractal's asset base: the models, the capital structures, and the analysis that determine what we build, how we finance it, and what it returns. Every project we commit to, every facility we sign, and every dollar of tax credit we monetize will pass through work you are responsible for. •Own the financial modeling stack: Build and maintain project-level construction and operating models, portfolio aggregation models, preferred/common distribution waterfalls, and equity deployment and recycling analyses; establish templates and standards the rest of the company can rely on •Drive project financing execution: Model and compare term sheets across construction-to-permanent debt, structured lending, and alternative structures; size facilities, sculpt amortization, test DSCR and revenue floor mechanics, run sensitivities, and manage lender diligence, draw mechanics, and closing deliverables •Structure and support tax credit monetization: Model ITC economics, ITC transfer pricing, and tax equity partnership structures including basis step-up and flip mechanics; support safe harbor substantiation, coordinate with tax counsel and advisors, and run investor and buyer diligence •Underwrite merchant and contracted revenue: Process and normalize third-party revenue forecasts into operating-year format, analyze ERCOT market dynamics and BESS dispatch economics, and translate energy, ancillary, and capacity assumptions into defensible base, downside, and financing cases •Underwrite and structure our compute business: Underwrite the economics of co-located data center capacity, model power and compute offtake structures, and pressure-test the returns and financing implications of a new business line alongside the commercial team Qualifications: •Track record taking financings from term sheet through closing and into ongoing compliance and reporting, with direct accountability for structure, pricing, and execution timeline •Deep command of financial modeling and analysis, including construction and operating models, distribution waterfalls, and returns and sensitivity analysis built to lender and investor diligence standards •Solid functional working knowledge of ITC monetization mechanics under •6418, including basis step-up and partnership structures; familiarity with merchant revenue underwriting and ERCOT market dynamics is a plus •Comfort operating with high autonomy in an early-stage, fast-moving environment, and the judgment to make decisions without complete information Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!