Associate, Structured Finance

Fervo Energy • Houston, TX

10h • Hybrid

About The Position

The Structured Finance Associate will support the Manager, Structured Finance in capital raise activities for Fervo Energy’s enhanced geothermal projects. Financing work may include project finance debt, project equity, tax equity, tax credit monetization, hybrid corporate/project structures, and public financing. The Associate will build financial models, manage diligence requests, and prepare external presentations for potential project financiers. The role contributes to financing strategy for Fervo’s first-of-a-kind climate projects and reports to the Director of Structured Finance.

The position follows a hybrid schedule, with employees expected to work in the Houston office three days per week. Some travel is required. Fervo describes the in-office schedule as an essential function of the role.

Requirements

• Bachelor’s degree in finance, accounting, economics, or a related field.
• 2–4 years of experience in project finance, ideally within renewable energy, infrastructure, or banking.
• Experience structuring debt and equity for infrastructure assets.
• Working knowledge of project finance debt, tax equity, and capital stack structuring.
• Strong analytical and financial modeling skills, including comfort working with large datasets.
• Proficiency in Microsoft Excel and PowerPoint.
• Excellent communication and organizational skills, with strong attention to detail.
• Self-starter with a proactive, adaptable mindset.

Nice To Haves

• Familiarity with renewable energy offtake arrangements.
• Exposure to diligence processes, data rooms, and documentation workstreams on live transactions.
• Experience interacting with lenders, equity investors, or tax equity counterparties.

Responsibilities

• Develop and oversee financial models used in financing transactions and internal analysis; analyze and recommend structuring considerations and financing alternatives.
• Prepare marketing presentations, including teasers and CIMs, and support outreach to and selection of financing partners.
• Coordinate due diligence with internal departments, including development, construction, operations, and finance.
• Manage external stakeholders such as financial advisors, legal counsel, and consultants, and manage project data rooms.
• Support PPA negotiations and provide ad hoc analytical support for potential commercial development opportunities.
• Collaborate with cross-functional teams to identify and evaluate potential project financing options, including debt and equity structures.
• Support drafting and review of transaction documents alongside Legal and external counsel, track open issues to resolution, and prepare transaction status updates for senior leadership.
• Respond to lender and investor information requests and help ensure clean handoff of closed transactions to Portfolio Management, including documentation and compliance requirements.

Benefits

• Medical, dental, and vision plan options.
• Employer-paid basic life insurance and short-term and long-term disability coverage.
• A 401(k) plan with up to 6% match.
• Flexible paid time off and paid parental leave.
• Family-building, fertility, hormonal health, pregnancy, postpartum, and parenting support through Carrot.
• A dependent care FSA for eligible child and elder care expenses.
• An annual Lifestyle Spending Account for eligible wellness expenses, including fitness, financial planning, pet insurance, and pet care.
• Employee ownership opportunities through Fervo’s Employee Stock Purchase Program, as well as LTI and bonus opportunities for eligible roles.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level