Energy Dome is the owner and developer of CO2 Battery technology, a ground-breaking innovation which uses carbon dioxide in a closed loop thermodynamic process to provide efficient, affordable long duration energy storage (LDES) for intermittent renewables - the key to enabling decarbonization of the global power system.
The CO2 Battery is already proven in operation at Energy Dome’s MW-scale demonstration project in Sardinia, Italy, and the company is expanding rapidly with first full-scale (20MW/200MWh) commercial projects already under construction or awarded in Italy, India and the United States. The company has a robust pipeline in USA, EU, Australia, Chile, Oman and other key LDES markets.
The CO2 Battery is a standardized, modular product which uses off-the-shelf industrial components with well-established, global supply chains, enabling Energy Dome to rapidly scale-up and accelerate widespread adoption of the technology in key global markets.
Energy Dome offers the CO2 Battery to the market both as a technology supplier (Original Equipment Manufacturer) and under an “energy storage-as-a-service” or Build-Own-Operate (BOO) business model.
Energy Dome is an ambitious, fast-growing company made up of bright young engineers and professionals from all over the world. We love highly motivated people who are passionate about sustainability and the contribution they can make through their work.
Energy Dome has now launched its BOO arm and is developing several projects in Italy, India, USA, Chile, Australia, Ireland and other markets. This key service line will cater to customers that prefer not to own and operate CO2 Batteries themselves, but instead enter into long term capacity tolling offtake agreements with Energy Dome.
In order to meet significant demand, we are now looking for a:
Project Finance Manager (Energy Storage as a Service)
to join our team and take responsibility for the project finance side of our organization. This is a central role in the BOO team that will work extensively with decentralized project teams, with responsibility for ensuring accurate tolling pricing from robust financial modelling, as well as taking projects to Financial Close by securing third party investment from project level investors.
Since the company is growing quickly, Energy Dome anticipates that significant career and professional development opportunities will emerge for the selected candidate.
Role Location:
The role is based in Energy Dome's headquarter in Milan.
Report to:
COO, Energy Storage as a Service
Interacts with:
· Internally: BOO team, Corporate Development Sales, Regions, Technology teams
· Externally: Project Investors, Customers, Third Party Developers, Advisors.
Key responsibilities:
· Tolling pricing
· Ownership of Energy Dome’s financial modelling for projects with responsibility for providing robust and accurate tolling pricing so that leadership and sales teams can negotiate with offtake customers
· Ensuring accurate data collection, assumptions and sensitivities are built into models
· Ensuring financial models follow market standards and can pass due diligence with investor partners
· Build models to inform negotiation with investors, customers and developers
· Assess credit quality of customers and counterparties and define credit risk
· Quantify project risk exposure and identify mitigations
· Integrate project level funding requirements with wider corporate finance needs of Energy Dome, interacting with Corporate Development and Finance teams
· Structuring, Due Diligence and Relationship Management of Project Investors
· Identify, nurture and sustain relationships and strategic partnerships with third party project investors, in conjunction with the COO leadership and Corporate Development teams
· Lead on structuring of AssetCo and DevCo arrangements with third party project investors
· Manage due diligence process for projects with third party investors
· Coordinate with BOO and wider Energy Dome teams to ensure accurate and timely information flows
· Advise on optimal project capital structure (equity, debt, refinancing, blended finance)
· Financial close
· Negotiate investment terms with third party investors at the project level
· Manage preparation of documents and materials for submission to Investment Committee and Board approval
· Manage project legal execution process to reach financial close, including contractors and advisors
Qualifications:
· Project finance specialist with 5 to 10 years work experience in the renewable energy, energy storage, and infrastructure industry. More experienced candidates are viewed favourably and seniority of position can be commensurate with experience
· Must be comfortable building and managing financial models
· Strong network of infrastructure funds, asset managers and private equity investors in renewable energy projects
· Acumen in structuring project transactions and dedicated vehicles (AssetCos, DevCos or Platforms)
· Track record in having taken projects to financial close
· Engineering or finance degree, or significant exposure and experience in project development environment with technical content. Possible backgrounds include Independent Power Producers or Developers, Utilities, investors (infrastructure funds, private equity funds, asset managers) and advisors (boutique corporate finance houses, investment banks)
· Prior experience in a technology scaleup is viewed favourably
Languages:
Proficient English is essential; other languages viewed favorably especially Italian and / or Spanish.
Interpersonal skills:
· A team player and strong communicator who can quickly alternate between working autonomously and in wider teams
· Ability to positively influence stakeholders and build trust
· Entrepreneurial self-starter who can drive commercial opportunities and is comfortable working in a rapid scale-up environment.
· Ability to focus on delivery of key short-term milestones, while developing long-term partnerships which will drive future growth
· Strong commercial awareness, comfortable in dealing with the complexity of projects with multiple stakeholders
· Open minded, with strong communication skills and ability to work with all levels of an organization to get things done
· Ability to survive and thrive when challenged with ambiguity and competing priorities
Benefits:
· Competitive salary and performance-based bonuses, including joining Energy Dome’s stock option plan.
· Flexible / hybrid working is possible.
· An exciting and inclusive work environment fostering creativity and innovation.
Energy Dome Spa is an equal opportunity employer. We encourage candidates from all backgrounds to apply.