Director, Technical Diligence (Solar & Storage)

Number of employees

33

NYC or Remote, USA

Posted on: 2023-03-09

Category: energy

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Expired

Employment type:

Full time

Remote?

Yes

Experience required:

Director

Salary

$190,000.00 - $245,000.00

About the company:

Euclid Power is comprised of a team of industry-leading veterans within renewable energy project development, diligence, finance, and execution with over 3GW of PV and 3GWh of energy storage experience. We guide developers and investors through execution on projects at all stages of the project lifecycle. We offer a competitive advantage to our clients by demystifying technical and financial diligence, de-risking projects for investment, and by driving execution results through ensuring continuity throughout each respective discipline. 

Our market sectors include residential VPPs, commercial-industrial and utility scale solar and storage. Whether you have a small C&I portfolio or a utility scale solar plus storage project, we can help. Our services also span both development and operating portfolios, as our team has deep experience in both. 

Euclid Power is a firm defined by how we solve challenges. We design, develop, and execute tailored solutions by assembling the right combination of expertise, and facilitating that coordination through our Euclid Execution Platform. We leverage our vast network of technical, legal and policy experts and  offer excellence narrowed to specific aspects of the project or more broadly through assuming ownership over execution entirely, providing and managing legal, financial, and technical workstreams.

Director, Technical Diligence (Solar & Storage) 
Euclid Power Inc. – Services Group | Location: Remote (With occasional travel for team meetings to NYC or client meetings as required/permissible) | Full-Time (40+ hours/week) 
About Us  
Euclid Power is the operating system for the renewable energy industry. We offer a diligence, development, and data management platform alongside world-class advisory services to help project developers and investors deploy renewable energy faster than ever before. We believe that the process of deploying renewable energy projects should be powered by software that can help more projects start, fewer fail, and accelerate the world's transition to clean energy.  
Euclid is trusted by some of the largest solar investors, solar developers, utilities, and technology integrators to provide software, guidance, and project diligence support. Euclid has over a dozen clients and >3GW of renewable energy across 150 projects on our platform and under advisory. Euclid is led by a world-class team of renewable energy veterans that previously created the diligence, investing, and execution process for some of the industry’s leading developers and investors including Goldman Sachs Renewable Power, EDF Renewables, Tesla, Blackstone (Onyx), GE Solar, and Generate Capital.  
We are seeking a Director for the Technical Diligence/M&A vertical of our Services Team who is looking to make a sizable impact on the future of the renewable energy industry.  Euclid’s Services Team provides best-in-class consulting & advisory services to our clients and is comprised of the Technical Diligence/M&A, Project Development, and Project Execution verticals through the use of our platform. 
Our company is committed to hiring talented team members who are hardworking, passionate, and committed to our mission. Hires at this stage will immediately contribute to our product, processes, and — most importantly — culture. At Euclid, learning, growing and testing the best ideas are central to our approach to solving one of the world’s most important challenges: climate change.   
Our Story  
Euclid Power’s Services Team was born out of Euclid’s unwavering commitment to process and ‘doing the right thing’ with a high standard of care. We have witnessed firsthand how portfolios in the renewable power industry suffer from cost overruns, massive schedule delays, uninformed stakeholders, overlooked project risks, and many dead deals. We were continuously frustrated with the lack of competent technical expertise, data and process management, and under-prioritization of deal continuity and organization. Whether it was development and execution on a single 300MW site, or a portfolio of 150kW rooftop projects, overall deal execution always fumbled through the same unstructured and ambiguous process, masked in uncertainty as to where to start and where to head next. Euclid was founded to bring much-needed operational reprieve to the industry and finally get this process right. As the industry grows, our ardent mission is to aid our clients, armed with unmatched technical acumen and industry-specific platform & toolset, in developing, de-risking, building, and financing their projects on time and on budget frankly, to ensure more renewable energy deals get done.  
Who You Are 
  • A proven leader that has repeatedly demonstrated an ability to set a winning strategy, build and manage teams, and execute against goals 
  • A seasoned people manager that is passionate about managing and growing high-performing individuals. 
  • Detailed-oriented, organized individual, who fervently believes there is no compromising when it comes to the details 
  • Innovator, who constantly strives for operational efficiency, whether through process improvement or general team development 
  • Humble, with the willingness to roll up your sleeves to support a rapidly growing company by maintaining a “no job is too small” mindset
  • Clear communicator, with excellent verbal and written communication skills
  • Team player, who will collaborate with the founding team to translate (and improve) our proven renewables diligence, execution, and data services offering and toolsets.
  • Customer-focused and personable, with an innate desire to exceed customer expectations 
What You’ll Do 
  • Maintain overall responsibility for the outcome of Euclid’s consulting engagements focused on Technical Diligence/M&A.
  • Provide leadership to the existing Technical Diligence /M&A Team, directly managing key personnel, and providing guidance on major customer engagements helping represent the technical diligence aspect of M&A transactions of commercial & industrial, DG, and utility-scale solar & battery storage projects. 
  • Manage and collaborate with Directors of Project Development and Project Execution teams to ensure a smooth handoff of engagements.
  • Manage the implementation of the Technical Diligence/M&A vertical strategy in conjunction with the COO/Head of Services, to achieve Euclid’s goals and objectives. 
  • Set budgets and create a staffing plan for the expansion of the Technical Diligence/M&A vertical necessary to achieve the Team’s objectives in conjunction with our Project Management Office (PMO). 
  • Work with Euclid’s People Team to recruit, hire, and train employees as well as oversee annual performance evaluation for the Team.
  • Work with Euclid’s PMO to ensure efficient, and cost-effective utilization of the Team’s staff to achieve P&L targets.
  • Oversee the Technical Diligence /M&A Team’s implementation of Euclid’s tools and processes to maximize Team efficiency, ensure standardization of customer experience, and provide rapid feedback to Euclid’s Product team in conjunction with our PMO and Product Teams. 
  • Achieve stated targets and standards for the Team’s financial performance and present financial information to leadership monthly. 
  • Directly influence the design and architecture of new products and tools to serve renewable energy project developers and investors through Euclid’s platform in collaboration with Euclid’s Product Team.  
What You Have 
  • 10+ years of proven technical diligence experience, in an M&A or development capacity, within renewable energy, energy, or adjacent industries. 
  • Proven ability and experience in building teams, contributing to vertical and group infrastructure development and successfully working in a rapidly growing, start-up environment 
  • Strong understanding of consulting & technical services industry  
  • Ability to thoughtfully and positively inspire, lead, and manage teams 
  • Expert experience in high-profile client management, and business development
  • Excellent strategic, planning, and analytical skills
  • Must demonstrate excellent oral and written communication skills; strong interpersonal skills; and the ability to clearly and effectively present complex information to all levels of employees, management, and clients.
  • Demonstrated experience managing the technical diligence process on multiple C&I and/or utility-scale PV, PV + storage, or standalone storage projects in all project development life cycle stages.
  • Expert renewables technical acumen and a firm grasp of standard equipment, permitting requirements & processes, design best practices, standard QA/QC protocols, contracting & negotiation, construction best practices, and industry standards (and how to exceed them)
  • Full knowledge of renewables project lifecycle, inside and outside of project development and execution, and understanding of key project value drivers, project development, and financing
  • Complete understanding of project and operations management principles and customer success methods and best practices.
  • Bachelor’s or master’s degree in engineering, project/operations management, business management/economics/finance – concentrations preferred, but not required
  • PE/PMP/PfMP – preferred, but not required. 
What We Provide 
  • Benefits package (401K, Health Insurance, Remote Work, Paid Time Off, Paid Holidays)
  • Opportunity for early equity awards and share in the growth of the firm you are helping build 
  • Professional credential obtainment sponsorship (PMP, PE, CFA, Software)
  • Multidisciplinary exposure and training (Tax, Legal, Finance, Diligence, Engineering, etc.) 
  • Opportunity to learn and grow in a truly supportive, collaborative, dynamic, and diverse environment. 
  • Exposure to high-profile, industry-leading clients, products, and technology and world-class team.
 We welcome candidates of all races, creeds, genders, and sexuality to apply.  
The starting base pay for this role is between $190,000 and $245,000. The actual base pay is dependent upon many factors, such as education, experience, and skills. The base pay range is subject to change and may be modified in the future. This role may also be eligible for bonus, equity, benefits. 
 

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