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Senior Counsel

Lightsource bp
Home Based, US, United StatesRemotefull_timeVerifiedPosted 9 Dec 2023

About the role

Lightsource bp is a global leader in the development and management of solar energy projects. We are a 50:50 joint venture with bp with a mission to help drive the world’s transition to low carbon energy. 
With solar set to increase tenfold in the next 20 years, we are well-positioned to capitalize on this growth. By joining the Lightsource bp team, you will ‘be the change’ on the world’s energy transition to a more sustainable future.
We pride ourselves on our entrepreneurial spirit as we continue to push the boundaries of an ever-changing energy landscape. By choosing a career with us, you can expect a challenging and fulfilling role surrounded by people who are passionate and have brilliant ideas about sustainable technology, innovation and making the world a better place.
What You’ll do 
Summary
The legal team, with lawyers in London, Spain, Italy, US, Brazil and Australia, specializes in corporate, construction, energy, finance, commercial and property law in the renewable energy sector, providing support across all the units of the business and all jurisdictions.
The legal team in the U.S. currently consists of 12 individuals, and nearly half of the legal team works remotely, with frequent opportunities to travel.
This senior role provides an exciting opportunity for a lawyer within a dynamic and changing business in a growth industry.
Duties and Responsibilities
Power Marketing & Business Development
•    Provide excellent legal services to the LSbp US business development and power marketing teams;
•    Draft and negotiate (a) power purchase agreements (physical and virtual), hedging agreements, and other types of offtake agreements, (b) build-transfer agreements (including both asset and share transfer agreements), and (c) agreements for RECs, energy management services agreements and other agreements related to power marketing, in each case for utility-scale solar photovoltaic generating facilities and/or energy storage systems;
•    Advise regarding tariff filings and other legal matters related to capacity, reactive power and other environmental attributes
•    Draft and negotiate M&A agreements, including (a) membership interest and/or asset purchase agreements for the acquisition of solar projects from third party developers, and (b) disposition agreements for the sale or partial sell-down of LSbp US solar projects;
•    Assist the teams in all aspects of the foregoing, including working with commercial leads to facilitate internal stakeholder input in connection with, among other things, project risks and due diligence findings in the M&A process and appropriately addressing in the applicable agreements;
•    During the financing and construction process, assist the business development and power marketing teams with items related to the foregoing agreements, including force majeure notices, estoppels, consents to collateral assignment, energy management services agreements and reactive power filings;
•    Provide general assistance to the LSbp US regulatory team, including with respect to EWG, MBR, QF, Texas PUCT, and other filings required for operating solar plants;
•    Assist with development of processes, template agreements and work flows for the efficient drafting, negotiation and administration of the applicable agreements and overall deal management;
•    Negotiate non-disclosure agreements and master services and consulting agreements with third party consultants and service providers to support the business development and power marketing teams;
•    Liaise with all internal business teams including the Development, Business Development, Construction, Structured Finance, Corporate Finance, Operations and Asset Management teams and counsel the business partners on a wide range of legal topics, including undertaking training on legal concepts where necessary; and
•    Ensure compliance with internal compliance framework and corporate approvals policies.
Opportunities will also arise:
•    to manage external legal resources, paralegals and contract management team (from time to time); and
•    to become involved in other areas of law where business needs arise.
Who we’re looking for     

Knowledge
•    Transactional attorney with significant experience closing offtake and M&A transactions in the renewable energy sector.
•    Extensive experience in drafting and negotiating relevant agreements and ancillary documents.
General Skills 
•    Strong business acumen with ability to assess legal risk and offer commercial / practical and strategic considerations.
•    Strong technical drafting skills and extensive experience in respect of the documents and types of work covered in the ‘Duties and responsibilities’ section of this job description.
•    Ability to work, and deliver acceptable commercial and legal results

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Company

Lightsource bp

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