Senior Counsel – Project Finance, Commercial

This is a fully remote position, open to applicants in California.

📋 Description

• Oversee the complete legal structuring and negotiation of project finance transactions, which encompass construction loans, term debt, tax equity, back-leverage facilities, and permanent financing.

• Prepare and negotiate credit agreements, security packages, depositary and accounts agreements, consent and assignment agreements, along with other related financing documents.

• Provide guidance on financing structures for build-own-operate assets, focusing on collateral structures, security interests, and intercreditor arrangements.

• Manage the lender due diligence processes and collaborate with lenders' counsel through to financial close.

• Offer advice on IRA tax credit structures, including ITC, PTC, domestic content, energy communities, and FEOC compliance.

• Assist with refinancings, amendments, waivers, and ongoing lender compliance matters following the closing.

• Handle multiple transactions simultaneously at different stages of execution.

• Support corporate-level debt facilities, revolving credit lines, and balance sheet financing.

• Advise on the structuring and capitalization of project-level subsidiaries and holding companies.

• Aid in corporate governance issues related to financing transactions.

• Evaluate EPC contracts, equipment procurement agreements, PPAs, and interconnection agreements for bankability and lender consent processes.

⛳️ Requirements

• J.D. from an accredited law school.

• Active member of a state bar in good standing.

• 8–15 years of experience in project finance, particularly in energy, battery storage, infrastructure, or data center financing.

• Proven history of successfully closing complex project finance transactions from term sheet to financial close, including tax equity structures (ITC and/or PTC).

• Solid understanding of IRA incentive structures, domestic content, and FEOC compliance requirements, along with their implications for project financing and tax credit eligibility.

• Experience in construction financing and term conversions is highly desirable.

• Background in corporate finance or capital markets is advantageous.

• Demonstrated capability to manage a high-volume workload with multiple active deals, competing priorities, and tight deadlines.

• Commercially astute with strong instincts for practical risk allocation.

• Exceptional drafting and negotiation skills; confident in advising and presenting to senior leadership and external stakeholders.

• Willingness to travel domestically and/or internationally, up to 10%.

• Ability to thrive in fast-paced, rapidly growing environments.

• Must successfully complete a pre-employment background check.

• Energy Vault participates in E-Verify.

🏝️ Benefits

• Annual bonus plan.

• Restricted Stock Units (RSUs).

• 401K employer matching.

• Comprehensive medical, dental, and vision plans for employees and their families.

• Flexible Spending Account.

• Company-paid life insurance, short- and long-term disability insurance.

• 8 weeks of paternity leave.

• Generous holiday allowance.

• Flexible time off plus sick leave.

• Reimbursement for home office equipment, phone, and internet expenses.