Project Finance Specialist

ON.energy•Miami, FL

18h

About The Position

ON.energy is hiring a deal-focused Project Finance Specialist/Chief of Staff to the Chief Investment Officer (CIO). The role supports the company’s capital formation and deployment, including topco equity and debt, project finance, tax equity and credit transfers, and financing structures for its AI UPS-as-a-Service offering to neocloud and hyperscale customers. Approximately 70% of the role is dedicated to deal execution, including financial modeling, financing processes, and negotiations, with a particular focus on project finance for ON.energy’s proprietary AI UPS technology. The remaining 30% involves running the Office of the CIO by setting priorities, preparing board and investor materials, and coordinating follow-through across Finance, Legal, Commercial, and Engineering. The position is based in Miami, Florida; New York will be considered, and remote work may be considered for an exceptional candidate. Travel is approximately 25%, including trips to project sites in Texas and meetings with investors, lenders, and customers. The role offers exposure to major capital decisions supporting ON.energy’s multi-gigawatt build-out and may also take on evolving special projects, including strategic partnerships and M&A.

Requirements

4–7 years of experience in infrastructure, energy, or data center financing through private equity, investment banking, infrastructure or venture capital, project finance, or a digital infrastructure developer or operator.
Hands-on execution of closed transactions, such as capital raises, project financings, or structured credit; experience building the model and participating in negotiations.
Expertise in financial modeling, including project finance, levered returns, debt sizing, and waterfall structures.
Working knowledge of energy tax credits, including §48E, §6418 transferability, and tax equity, and how they affect capital structure.
Understanding of data center and digital infrastructure economics, including colocation, powered shell, and lease structures.
Clear, concise written and verbal communication, including the ability to explain a complex structure in a one-page board memo.
Bachelor’s degree in finance, economics, engineering, or a related field.

Nice To Haves

Existing relationships with lenders, infrastructure funds, tax credit buyers, or hyperscaler and neocloud infrastructure teams.
Experience structuring equipment-as-a-service, leasing, or other off-balance-sheet solutions for large customers.
Exposure to ERCOT or other U.S. power markets and battery storage revenue models.
MBA, CFA, or equivalent.
Fluency in Spanish.

Responsibilities

Support the CIO on equity, venture debt, credit facility, and structured capital raises, including investor targeting, data rooms, models, materials, and diligence management.
Structure and execute project-level financings for AI UPS assets in ERCOT and other U.S. markets, including construction, term, and back-leverage facilities.
Design and finance AI UPS-as-a-Service structures, including leases, energy-as-a-service, SPVs, and asset-backed facilities, to enable customers to procure systems off balance sheet.
Monetize tax credits, including §48E investment tax credits, domestic content and energy community adders, §6418 transferability, and tax equity, working with the Tax team and outside advisors.
Own financial models developed with the analytics team for project lenders, project returns, and as-a-service pricing; pressure-test cost of capital, counterparty credit, and residual value assumptions.
Negotiate term sheets, credit agreements, and customer contracts alongside the CIO, Legal, and outside counsel.
Build and maintain relationships with banks, infrastructure funds, private credit providers, tax credit buyers, and capital and infrastructure teams at hyperscalers and neoclouds.
Run the CIO’s operating cadence, including priorities, pipeline tracking, and weekly deal reviews.
Prepare board, investment committee, and investor update materials.
Represent the CIO in cross-functional work with Finance, Legal, Commercial, and Engineering to keep deals moving.
Track capital markets, digital infrastructure financing trends, and tax credit policy, and develop concrete recommendations.
Take on special projects as the CIO’s mandate evolves, including strategic partnerships and M&A.

Benefits

Competitive salary and annual performance-based bonus eligibility for U.S.-based roles.
Medical, dental, and vision insurance for U.S.-based roles.
401(k) with company match for U.S.-based roles.
Paid time off and company holidays for U.S.-based roles.
Competitive salary and annual performance bonus eligibility for Mexico-based roles.
Christmas Bonus (Aguinaldo) of 30 days for Mexico-based roles.
Major medical expenses and life insurance for Mexico-based roles.
Paid time off and holidays according to local policy for Mexico-based roles.
Professional development and growth opportunities.
Opportunity to grow with a mission-driven team shaping the future of clean energy.