GPTech is seeking a Renewable Energy (RE) Project Finance Specialist to join our bid team for an upcoming Solar for All program funded by the Virgina Department of Energy under the Greenhouse Gas Reduction Fund, a $7 billion initiative under the U.S. Environmental Protection Agency aimed at expanding access to eligible affordable, resilient, and clean solar energy for low-income households and communities, including tribal nations. The Single-Family Solar Sub-Program (SFSS) will assist single-family households by providing grant subsidies to lower overall costs for system installation and essential enabling upgrades for eligible households in Virginia. In addition, SFSS will work with financial partners to improve access to project financing to supplement the grant subsidies. The Multi-Family Plus Storage (MFPS) Sub-Program similarly includes a grants program for pre-development technical assistance, upgrades, and battery storage, in addition to management of a $28million revolving loan fund for on-site solar at multiple-family properties.
The RE Project Finance Specialist will manage relevant project financing activities, including supporting the program’s network of solar EPC and financial partners to identify and provide affordable solar loans, leases, power purchase agreements, and related options to finance costs of system installation as well as administer a revolving loan fund under the MFPS. The RE Finance Specialist will work closely with solar contractors, financial partners, and local community stakeholders to deliver meaningful benefits to participating households. GPTech is applying for both the SFSS and MFPS solicitations and the total scope for the role will depend on whether we are awarded one or both sub-programs. This position is contingent upon award.
The RE Project Finance Specialist will be based in the Arlington, Virginia area.
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