Chief Investment Officer - DG Solar

Location
:
Toronto or US East Coast Remote

Chief Investment Officer

• Department
  :
  Finance

• Location
  :
  Toronto or US East Coast Remote

The Chief Investment Officer will lead capital formation, structured finance, investment underwriting, capital allocation, and financial planning activities. This executive will be responsible for developing and executing financing strategies that support continued growth as a developer, owner, and operator of community solar, distributed generation, and energy storage assets.

• Develop and execute capital markets strategy in partnership with the Chief Executive Officer and executive leadership team.

• Lead capital-raising activities across project, portfolio, asset, and corporate financing structures.

• Evaluate and execute financing alternatives, including construction debt, term debt and back-leverage facilities, tax equity, tax credit transfers, preferred equity, corporate debt and revolving credit facilities, growth equity, joint ventures, portfolio financings, structured capital solutions, asset-level refinancing, and other strategic financing arrangements.

• Develop financing strategies that balance cost of capital, liquidity, execution certainty, covenant requirements, risk allocation, and long-term enterprise value.

• Lead negotiations with commercial banks, institutional investors, infrastructure funds, tax equity providers, private credit providers, investment banks, rating agencies, and other capital partners.

• Maintain strong relationships with existing capital providers while expanding access to new sources of institutional capital.

• Evaluate projects based on development maturity, interconnection status, permitting, site control, subscriber readiness, offtake arrangements, revenue certainty, construction requirements, tax credit eligibility, financing availability, and projected returns.

• Partner with Development, Engineering, Procurement and Construction, Asset Management, Subscriber Management, Legal, Tax, Accounting, and Operations to assess project readiness and financing risk.

• Create and maintain a prioritized capitalization roadmap for the development pipeline and operating portfolio.

• Recommend the optimal timing, structure, and grouping of projects for financing.

• Determine whether projects should be financed individually, aggregated into portfolios, placed into warehouse facilities, contributed to joint ventures, or funded through corporate capital.

• Assess the benefits and risks of deploying limited capital across community solar, commercial and industrial solar, standalone storage, and hybrid solar-plus-storage opportunities.

• Identify capital constraints, portfolio concentration risks, funding gaps, and dependencies that may affect construction schedules or commercial operation dates.

• Recommend corrective actions or alternative financing structures when projects do not meet established capitalization requirements.

• Monitor capitalized projects against underwriting assumptions, financing milestones, budgets, and expected returns.

• Lead and oversee financial underwriting for community solar, distributed generation, energy storage, and related investment opportunities.

• Establish consistent underwriting standards, investment criteria, risk classifications, and minimum return requirements.

• Evaluate project and portfolio economics, including development costs, construction costs, operating expenses, generation and production assumptions, subscriber acquisition and management costs, power purchase agreement terms, community solar credit values, renewable energy incentives, Investment Tax Credits, tax credit adders,…