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VP of Strategic Finance & Capital Markets

Antora Energy

Antora Energy

Accounting & Finance
San Jose, CA, USA
Posted on Thursday, May 2, 2024

At Antora, we’re on a mission to stop climate change. And we can’t do that unless we tackle the 30% of global emissions that come from industry.

Antora is unlocking zero-emissions industrial energy, cheaper than fossil fuels. Antora’s thermal batteries store energy from renewables as heat for days on end, delivering that stored energy as heat and power at the scale and temperatures that large industrial operations demand. We’re on a path to eliminate gigatons of emissions while strengthening domestic manufacturing, curbing industrial air pollution, and enhancing America’s clean energy leadership.

We are growing our company with people who put team and mission first, value connection through laughter and joy, and build with humility and openness. We are committed to continue building a diverse, passionate, and creative team dedicated to a future where every industrial facility, everywhere on earth, is powered by abundant, low-cost, zero-emissions energy.

Position Summary

Antora is looking for a foundational VP hire for our team. Antora is building one of climatech’s first purpose built finance organizations for climate infrastructure. The finance function will drive today the development of some of the world’s largest energy storage projects and in the future the decarbonization of some of the most carbon intensive industries.

As Antora is growing rapidly towards giga-scale, this strategic hire will drive financing strategy and more importantly, execution for both Antora corporate and projects including a near term multi-billion dollar pipeline. The role is ambitious. It requires a finance polymath who can work seamlessly across the finance silos of infrastructure/project finance and climatech/growth. Moreover, the applicant is eager to pioneer innovative climate finance including FOAK to NOAK project finance, blended capital stacks including government funding, and leverage emerging tax credit markets as well as traditional growth financing. The VP will lead origination, valuation, modeling, structuring and execution of these transactions. Beyond being a skilled and accomplished finance veteran, this role is for mission-first professionals who embrace difficult challenges and clearly see themselves as innovative and entrepreneurial problem solvers and builders.

Roles & Responsibilities

  • Responsible for leading key corporate and project finance transactions as we deliver our first multi-GWh projects in 2025-6, including raising equity, debt, tax equity, and structured products. Capital raising role will likely extend to government, strategic, and catalytic capital sources
  • Responsible for leading tax credit monetization and financing strategies, as well as solving associated working capital requirements as it relates to delivering major industrial decarbonization projects
  • Manage all aspects of transaction execution including marketing, negotiation of term sheets, structuring, financial modeling, investor due diligence, transaction documentation, and internal project management.
  • Lead due diligence, commercial negotiations, and manage data rooms.
  • Develop and maintain valuable relationships with debt, tax equity, and equity investors as well as strategics.
  • Develop and work with complex corporate and project finance models. Able to build models independently and mentor others
  • Work with Antora leadership to develop an innovative financing roadmap for Antora.
  • Organize and manage the process to obtain third-party reports to support finance work including but not limited to independent engineer reports, insurance reports and market studies.
  • [Collaborate with Antora leadership to develop an Antora projectco/devco]
  • Draft marketing materials for capital raising including teasers, investment powerpoints, and CIMs
  • Present financing proposals and transactions. Able to code switch and mentor others to code switch across asset classes (VC to project finance) and audiences (engineers to finance professionals)
  • Recruit top financiers to join Antora’s ambitious finance effort
  • Be a culture role model for a finance team in formation

Key Qualifications

  • Bachelor's degree in finance or related field with MBA preferred
  • 15+ years of experience across investment banking, project development, project finance, and private equity
  • Energy and industrial infrastructure experience required.
  • Leadership experience in deal structuring and financing
  • Expertise in complex financial modeling (corporate, project finance and valuation).
  • Prolific principal author of deal marketing materials creation including teasers, powerpoints, and CIMs (confidential information memorandum).
  • Strong relationships across capital providers in project finance, corporate, energy, and climatech sectors
  • Track record across the breadth of finance - corporate debt and equity; infrastructure/project finance; and tax equity.
  • Experienced manager of finance teams, especially finance teams in formation
  • Ability to work in a cross-functional teams in an entrepreneurial and startup environment, including managing the financial, legal, and commercial workstreams
  • Track record of establishing processes and systems.

Additional Qualifications Desired

  • Experience at infrastructure and private equity investors encouraged
  • Climatech growth/startup experience encouraged
  • Experience with government and philanthropic funding is a plus

Work Location: Onsite - San Jose, CA

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