Project Finance Senior Manager (m/w/d)

About Us:

Welcome to Terra One, an exciting-fast growing company focused on developing and operating large-scale battery storage systems in Germany. With a focus on innovation and sustainability, our company is driving forward the expansion of renewable energy infrastructure in order to make a significant contribution to achieving climate neutrality.

Our Mission:

At Terra One, we accelerate the expansion of renewable energy infrastructure by developing and implementing innovative solutions. Our initial focus is on battery storage, a crucial component for establishing a flexible and environmentally friendly power grid. By providing energy when it is most needed, we help improve the reliability and efficiency of the power grid while simultaneously reducing CO2 emissions. Equally important to our mission is our AI-based energy trading in the European market, which works hand in hand with our battery storage solutions.

Our Team:

The Corporate Finance team is responsible for capital structuring and transaction execution across Terra One’s battery storage portfolio. Scope includes project finance (senior debt, mezzanine), HoldCo financing, M&A, and corporate liquidity. We work end-to-end with Development, EPC, Trading/Optimization, and Legal to turn projects into bankable assets, structure scalable financing platforms, and support strategic acquisitions.

Career Opportunity:

We’re expanding our Corporate Finance capacity to support a growing pipeline. We are looking to strengthen our team with a Project Finance Manager (m/f/d) who will lead debt financing processes end to end from term sheet negotiations, coordination of due diligence workstreams to financial close - while building scalable processes for a growing pipeline in Germany and select EU markets. If you’re ready to join our team and make an impact in the energy transition, we would be happy to receive your application. We look forward to hearing from you and shaping the future of energy together.

Your Tasks:

• Lead debt financing processes from lender outreach/mandate and term sheet negotiation to documentation and financial close

• Build and maintain project finance models with lender and sponsor cases (IRR/NPV, DSCR, LLCR, gearing, covenants)

• Coordinate due diligence across technical, legal, insurance and other workstreams; manage data rooms, Q&A, and red-flag resolution to CP satisfaction

• Drive documentation: facilities agreement, intercreditor, security package, direct agreements, and hedging documentation; align commercial terms with EPC/O&M, warranties, LDs

• Prepare credit and IC materials, manage approvals, and hand over cleanly to Asset Management with covenant and reporting requirements embedded

What we expect from you:

• You run multiple financing processes in parallel and communicate timelines, risks, and decisions clearly to internal stakeholders and lenders

• You convert technical and commercial inputs into bankable structures and explain the implications for leverage, covenants, and pricing in a concise, decision-oriented way

• You challenge assumptions constructively, document your rationale, and maintain audit-ready models, trackers, and data rooms

• You collaborate effectively with Development, EPC, Trading & Optimization, Legal, and external advisors to resolve red flags and close on schedule

• You exercise sound judgment on disclosure, representations and warranties, and covenant packages, keeping long-term asset performance and compliance in view

Qualifications:

• 5–8+ years in project finance for energy or infrastructure (bank, developer/IPP, fund, or advisory) with closed non-recourse transactions in Germany or the EU

• Proven experience negotiating term sheets and leading diligence through documentation and CPs to financial close; familiarity with intercreditor and security structures.

• Advanced Excel project-finance modelling skills (sponsor/lender cases, DSCR/LLCR analysis, structured sensitivities)

• Working knowledge of merchant and fixed revenue stacks and how they translate into lender and hedge requirements

• Familiarity with hedging/PPA constructs, insurance requirements, direct agreements and model audit practices

• Professional German (C1/C2) is required and familiarity with German regulation and corporate law is required (financing/documentation practice, security/perfection, notarial aspects as applicable)

• BESS exposure (augmentation, warranties, performance guarantees) is a strong plus

Benefits:

• Responsibility and the opportunity to grow in a rapidly expanding company

• Modern office with a rooftop terrace and in-house chef

• Snacks & drinks for free

• A young, international, and ambitious team

• Competitive salary

• Opportunity to work remotely

Diversity & Inclusion Statement:

At Terra One, we value diversity and firmly believe that different perspectives drive innovation. We are dedicated to fostering an inclusive environment where every individual, regardless of gender, ethnicity, religion, belief, age, sexual identity and orientation, or ability, can thrive. We are committed to an open corporate culture characterized by respect and mutual appreciation. Our goal is to create a work environment that is accessible and inclusive for everyone. We look forward to meeting you and working together to create a sustainable future.

To prepare yourself better for the interview process and have a better understanding on Terra One you can have a read on our Ethos and Master Plan: