Director of Climate Finance

Organization
UpEnergy
Location
Flexible
Job Type
Full-time
Deadline for Applications
08/31/2021
How to Apply
Email application
Where to Apply
jobs@upenergygroup.com
Tags
Full-time

UpEnergy is at a time of exciting growth, expanding both in terms of product and geographic portfolio. They seek a Director of Climate Finance to lead and manage the financing of new projects and the marketing of their growing credit portfolio. The Director of Climate Finance will provide strategic leadership to initiate new investor relationships, advise on downstream activities related to their carbon generating activities across multiple markets and products, and lead negotiations of voluntary and compliance off-take agreements with customers around the globe.

The role will require a self-starter who has the ability to engage with established and new investment and off-take partners. This role will require someone who is familiar with carbon project finance and off-take deal structures and is excited to coordinate internally with a diverse and competent team to consummate deals.

This role will report to the CEO and the location is flexible with a preference for someone who can be located in Africa.

Additional Information

UpEnergy (www.upenergygroup.com) brings aspirational products that save energy and improve health within reach of low-income customers. They develop distribution channels that sell efficient and clean energy technologies, primarily efficient cookstoves and finance their growth through bespoke projects that generate carbon emissions reductions that they market and sell to global partners.

UpEnergy sells products under their SmartHome brand and through partnerships with other brands. They operate regional distribution hubs and build relationships with retailers, and directly with customers, through the SmartHome sales operation. They’ve seen 100% year on year growth for two straight years and reached over 250,000 new African households last year with products that save each family they reach about 9% of their annual income while reducing air pollution.

UpEnergy has a 10 year track record of building projects that overperform expectations on the generation of emissions reductions, and that deliver on their energy savings promise to LMIC customers. They are one of the largest compliance credit project developers focused on projects that alleviate poverty with a team that has a collective 50 years of experience in climate finance and is at the forefront of Paris-era project finance.

Roles and Responsibilities:

• Project Finance Leadership
o Lead and initiate conversations with capital partners
o Manage relationships with existing investors
o Work closely with other members of senior management to ensure consistency and
alignment of carbon asset strategy
o Secure financing for expansion projects

• Emission Reduction Marketing Management
o Manage UpEnergy’s relationship with retailers and corporate buyers while establishing new
partnerships
o Generate leads for ERPAs in line with UpEnergy’s Corporate Strategy
o Negotiate ERPA price, volume and terms with a variety of buyers
o Work with the team to strategically market UpEnergy credits and highlight the co-benefits the represent as well as UpEnergy’s track record building projects that over-perform credit volume expectations

• Finance and Risk Management
o Ensure that the current and future inventory of credits are equitably priced
o Develop systems to manage and diversify risk across a portfolio of retailers and end buyers JD_UpEnergy Director of Climate Finance
o Develop innovative and bespoke marketing initiatives with retailers and buyers that drive long term offtake relationships
o Work with the leadership team to ensure that financial projections are maintained
accurately

• Leadership & Management
o Be a driving force on UpEnergy’s global leadership team
o Work closely with the technical carbon team, Business Development Director and other
leaders to set company strategy regarding the development and management of various
carbon assets
o Set KPIs and goals for financing and off-take activities for the company

Desired Skills, Characteristics, and Experience:
• A team player with a strong work ethic.
• Orientation towards continuous improvement of team, and self.
• Established relationships with carbon retailers, potential investors in the sector, etc.
• Experience in project and carbon finance.
• Track record of working with carbon retailers and off-takers and familiarity with ERPA structures
• Management of a carbon credit portfolio
• Excellent communication skills and interpersonal skills.
• Strong organizational skills
• Experience managing processes and people
• Willing to travel occasionally to our different markets
• Bachelor’s Degree required