Manager, Project Finance

Join us in our mission to commercialize fusion energy ⚡️  

About Type One Energy

Type One Energy Group is mission-driven to provide sustainable, affordable fusion power to the world. Established in 2019 and venture-backed in 2023, the company is led by a team of globally recognized fusion scientists with a strong track record of building state-of-the-art stellarator fusion machines, together with veteran business leaders experienced in scaling companies and commercializing energy technologies.

If you are searching for the best new ideas and share our vision, join us as a Manager, Project Finance. This is what you need to know:

Location: Knoxville, TN, United States

Salary: Highly Competitive Plus Benefits

Contract: Permanent, full time

Reporting to: VP, Commercial Operations

Your role in the mission:

The Manager, Project Finance will support the financing strategy for Infinity Two and future Type One Energy projects. The role will work with banks, advisers, investors and suppliers to help develop a financeable project structure and translate financing requirements into Type One Energy's commercial and contractual arrangements.

Key responsibilities

• Support development of the financing strategy and capital structure for Infinity Two
• Work directly with banks, financial advisers, investors and other financing partners
• Coordinate external advisers supporting project financing
• Develop financial models, financing scenarios and project economics
• Translate lender and investor requirements into actions for commercial, legal, engineering and procurement teams
• Ensure major supply and project contracts support financing requirements
• Help structure performance guarantees, warranties, liability provisions and other forms of supplier support
• Identify opportunities for equipment finance, and vendor finance
• Support development of bankable offtake and revenue arrangements
• Assess project risks and how they should be allocated between Type One Energy, suppliers, investors and other counterparties
• Support project ownership, SPV and investment structuring
• Support lender and investor due diligence and financing execution

What you’ll need:

• 10+ years' relevant experience in project finance, infrastructure finance, energy finance, investment banking or project development
• Experience with large energy or infrastructure projects, and FOAK projects
• Strong understanding of project finance, risk allocation and contractual bankability
• Experience working with banks, investors and financial advisers
• Strong financial modelling and commercial skills

We offer:

In addition to a basic salary and yearly bonus, you will also get…

• A hybrid work policy
• Stock options
• Relocation allowance
• Insurance plans
• Retirement options
• And many more great voluntary benefits

Type One Energy applies proven advanced manufacturing methods, modern computational physics and high-field superconducting magnets to develop its optimized stellarator fusion energy system. Our FusionDirect development program pursues the lowest-risk, shortest-schedule path to a fusion power plant over the coming decade, using a partner-intensive and capital-efficient strategy.

Type One Energy is committed to community engagement in the development and deployment of its clean energy technology. For more information, visit www.typeoneenergy.com or follow us on LinkedIn.

Export Control Compliance Notice

This position may require access to technology, technical data, software, or other information that is subject to U.S. export control laws and regulations. Any offer of employment will be contingent upon the Company's ability to comply with applicable U.S. Export Control Laws, including obtaining any required government aut