Managing Director, Project Finance
Recurrent Energy
Company Overview
Recurrent Energy, a wholly-owned subsidiary of Canadian Solar Inc.
Austin, TX, United States
2006
Approximately 1,000 employees and generated $699.2 million in revenue (source: zoominfo.com).
What They Do
Recurrent Energy specializes in the development, ownership, and operation of utility-scale solar photovoltaic (PV) projects and battery energy storage systems (BESS). The company focuses on delivering clean and reliable power through a comprehensive approach that includes full lifecycle management of large-scale solar farms and storage facilities. This encompasses development, engineering-procurement-construction (EPC) partnerships, financing, power purchase agreements (PPAs), and long-term ownership and operations, showcasing their expertise in the renewable energy sector (source: cbinsights.com). Recurrent Energy primarily targets large energy buyers, including utilities and corporations like Microsoft and Arizona Public Service (APS), who require competitive renewable electricity solutions (source: recurrentenergy.com). The company has established itself as one of the largest and most geographically diversified platforms in the utility-scale solar and storage market, leveraging its in-house team of energy experts and integration with Canadian Solar's manufacturing capabilities.
Projects & Track Record
Recurrent Energy has a strong portfolio of notable projects, including the 127 MWdc Bayou Galion Solar project located in Morehouse Parish, Northeast Louisiana. This project began development in 2018, commenced construction in December 2023, and is expected to reach operational status by fall 2024 under a PPA with Microsoft (source: recurrentenergy.com). Additionally, the company has ongoing major projects involving tolling agreements with APS for 1,800 MWh of energy storage and 150 MWac of solar capacity delivery by 2026, which will significantly contribute to Arizona's energy expansion (source: zoominfo.com). Recurrent Energy's client base includes major players like Microsoft and APS, and it has established partnerships with firms such as MUFG for financing and Primoris Renewables for EPC services on the Bayou Galion project.
Recent Developments
In recent years, Recurrent Energy has made significant strides in project financing and partnerships. On February 6, 2024, the company announced the closing of $160 million in project financing from MUFG for the Bayou Galion Solar project, securing Microsoft as its PPA customer, which marks a pivotal moment in their project ownership strategy (source: recurrentenergy.com). Furthermore, on October 31, 2024, Recurrent Energy signed tolling agreements with APS for the delivery of 1,800 MWh of storage and 150 MWac of solar capacity by 2026 (source: zoominfo.com). The company has also achieved milestones such as the Mannum BESS in Australia receiving AEMO MMS registration for testing and commissioning, further solidifying its presence in the renewable energy market.
Working There
Recurrent Energy offers a diverse range of roles across various departments, including development, engineering, procurement, construction oversight, financing, operations, and power services. The organizational structure features key positions such as CEO Ismael Guerrero and a President of Power Services, reflecting a commitment to project development and community engagement (source: recurrentenergy.com). The company primarily hires for its Austin, Texas headquarters, with opportunities arising from projects in locations like Louisiana and Arizona. Recurrent Energy emphasizes a culture of long-term community partnerships, focusing on local hiring and collaboration with stakeholders to foster positive impacts in the areas where they operate (source: recurrentenergy.com). While specific benefits are not detailed, the scale of the company and its parent organization suggest competitive industry-standard packages for employees.
Last updated on Feb 23, 2026 | Report an issue
Job Description
Reporting Relationships & Interactions
- Report to the Senior Managing Director of Finance.
- Work closely with senior management across Development, EPC, Origination & Structuring, Legal, and Finance.
- Provide training and mentorship to Project Finance and M&A team members.
- Interact directly with financial institutions and advisors.
Principal Responsibilities / Key Result Areas
- Organize and lead a fundraising campaign utilizing banking relationships to raise $2-3B of tax equity and debt over the next three years.
- Manage and grow relationships with new and existing financial institution partners. Collaborate with the CFO and Senior Managing Director of Finance to structure and close corporate facilities supporting global financing needs.
- Provide oversight and assume overall responsibility for all Project Finance and M&A transactions in North America, including:
- Evaluate tax equity and project financing structures to achieve economic and timing goals.
- Lead relationships with investors and advisors for structuring, negotiating, and closing project sale transactions.
- Guide financial advisors through structuring, negotiating, and closing structured project finance transactions.
- Train and develop the Project Finance and M&A team.
- Oversee the divestiture of NTP and Pre-NTP renewable projects.
- Collaborate with the Business Analytics team to refine development models for anticipated financial structures and tax jurisdictions.
- Provide the Business Development team with early-stage evaluations of financing structures and participate in transaction Risk Review.
- Collaborate with the Origination & Structuring team on energy off-take strategies, return metrics, and credit reviews.
- Collaborate with Legal on structuring Project Finance and M&A transactions.
- Evaluate transactions for Investment Committee review.
- Partner with Corporate Finance to evaluate accounting, tax, and cash attributes of proposed transactions.
- Represent Project Finance and M&A on internal and external cross-functional teams.
Knowledge & Skills
- Excellent problem-solving and strategic thinking skills with the ability to provide creative, forward-thinking solutions.
- Deep expertise in tax equity and project financing structures for renewable energy projects.
- Ability to implement complex financial transactions while balancing tax, accounting, legal, and commercial considerations.
Abilities
- Strong team leadership and process management skills with a proven ability to mentor colleagues.
- Excellent verbal and written communication skills.
- Strong quantitative aptitude with exceptional attention to detail.
- Ability to distill complex issues into clear, actionable recommendations.
- Highly resourceful and comfortable working in a fast-paced, transaction-driven environment.
- Strong sense of ownership, accountability, and attention to detail.
Experience & Education
- Bachelor's degree required.
- Advanced degree preferred.
- 18+ years of energy-related transactional finance experience with a strong focus on project finance, structured finance, and tax equity.
- Established relationships within the energy and infrastructure financing sector.
- Experience working in a project development environment.
Apply now
Job expired?Please let Recurrent Energy know you found this job on Rejobs. It helps us grow and get more people working in renewable energy.
Apply now
Job expired?Please let Recurrent Energy know you found this job on Rejobs. It helps us grow and get more people working in renewable energy.
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About the role
July 21, 2026
July 21, 2026
Full time
On-site
Company
Solar Energy, Wind Energy, Hydropower, Bioenergy, Energy Storage, Geothermal Energy, Hydrogen
- New York, NY, United States
18+ years of energy-related transactional finance experience
UTC-04:00
