Company Overview
Plus Power is an energy storage market leader, with a market-leading 10+ GW portfolio across more than 25 states that will transform North American electric grids into cleaner and more versatile critical infrastructure.
Standalone energy storage is rapidly transforming the North American energy markets, because it is cheaper than new natural gas plants, faster to build than fossil peakers or transmission, and able to perform diverse energy services. Plus Power partners with electricity system operators, utilities, and investors to originate, develop, finance, own and operate standalone energy storage projects that provide critical services to the wholesale electric market.
Plus Power’s team applies an intentional mindset to energy storage development by using a data-driven approach to development and operations.
At Plus Power, we are focused on solving hard climate problems, profitably. We are growing fast, and value candidates who, like us, share a focus on setting high expectations, owning and learning from mistakes in the spirit of radical transparency, and are committed to internal partnering as a key element of our ideas meritocracy. Our team praises Plus Power’s culture and excels through our game-changing mission and supportive ecosystem.
Aboutthe Role
Plus Power recruits outstanding energy industry professionals who are driven to develop, build and operate assets safely and reliably to decarbonize the power markets while growing their careers. Our team looks for data-driven and fact-based mindsets, engaging and collaborative behaviors, and personal growth-focused professionals.
In order for the global energy system to make the transition from a carbon-based grid, to a renewable energy grid, large scale energy storage must be introduced into the electricity system to balance intra-hour supply and demand. Energy storage is the enabler of high penetration variable renewable generation like solar and wind.
We are looking for an Associate General Counsel, Origination & Commercial to join the Legal Team (with a cross-functional relationship to the Origination & Commercial Team). This qualified individual will work under the guidance of the General Counsel and provide legal advice/support to the Origination & Commercial Team with respect to utility-scale standalone storage projects across North America.
Key Responsibilities- Partner with Origination and Commercial Team in negotiation of offtake agreements, including tolling agreements and other structured offtake
- Support the Origination and Commercial Team in conducting due diligence and negotiations on M&A opportunities
- Support the Origination and Commercial Team in reviewing request for proposals and developing comprehensive bid submittals, including markups of key agreements
- Function as an internal quarterback for offtake transactions, soliciting feedback and review of documents from subject matter experts and incorporating feedback into the deal structure and documents
- Support the Finance Team (in conjunction with the Origination and Commercial Team) to provide commercial inputs/deliverables in connection with project finance transactions
- Oversee Outside Counsel on select transactions and assist in the selection of such outside counsel
- J.D., Required
- Minimum 3-4 years of top-tier law firm experience working with (renewable) energy project development
- At lease 1-2 years of in-house legal experience with a renewable energy/standalone energy storage developer or investor-owned utility, focusing on resource procurement and M&A preferred
- Experience leading negotiations of power purchase agreements
- Experience structuring and negotiating project-scale M&A transactions
- Knowledge of project finance structures and implications on project development/M&A transactions
- Strong business acumen with excellent commercial judgment
- Highly organized with impeccable attention to detail
- Ability to effectively manage multiple priorities and deliver timely, high-quality results
- A collaborative, entrepreneurial, and inquisitive mindset
- Ability to effectively use Microsoft Office products – Word, Excel, Power Point
- Demonstrated ability to work…
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