Legal Counsel, Capital Markets

Urban Grid is a leading independent power producer (IPP) delivering reliable, utility-scale solar and storage solutions to help meet America’s unprecedented energy demand. We develop, own and operate projects that strengthen local economies through long-term partnerships and responsible land stewardship. By integrating agrivoltaics into our land management practices, we enhance soil health, support local farmers and benefit the communities we serve.

With a strong focus on execution and integrity, we are committed to being a trusted domestic energy provider and responsible corporate citizen. Urban Grid is headquartered in Houston, Texas, and operates across the United States with a growing portfolio that includes 12,000 megawatts of development assets.  We continue to maintain our optionality to co-locate with battery storage based on customer demand, ensuring flexibility and responsiveness in our energy solutions.

Since becoming an IPP in 2023, we have successfully brought five solar projects online, begun construction on three additional projects and are actively advancing one gigawatt of capacity into pre-construction. To learn more, please visit www.UrbanGridSolar.com.

Urban Grid is a portfolio company of Brookfield. one of the world’s largest owners and operators of renewable power and climate transition assets.

Job Summary 

The Legal Counsel will play a key role in supporting Capital Markets transactions and M&A activity, with a primary focus on tax equity, project finance, tax credit transfer transactions, debt financing, fundings, amendments, and ongoing maintenance of existing financing arrangements.

The role will work closely with internal stakeholders, outside counsel, tax advisors, lenders, tax equity investors, and other transaction counterparties to support the structuring, negotiation, execution, and closing of complex renewable energy financing transactions.

Responsibilities

·         Serve as a legal resource for Capital Markets transactions, supporting new financings, fundings, amendments, ongoing deal maintenance, and related transaction execution needs.

·         Support the structuring, negotiation, execution, and closing of capital markets transactions, including tax equity financings, debt financings, tax credit transfer transactions, and other project finance-related transactions.

·         Coordinate with outside counsel, tax advisors, lenders, tax equity investors, and other transaction counterparties to manage due diligence processes and satisfy investor and financing closing conditions.

·         Review, negotiate, and advise on transaction documents, including financing agreements, tax equity documents, tax credit transfer agreements, membership interest purchase agreements, security documents, indemnity agreements, guarantees, consents, certificates, and other ancillary closing deliverables.

·         Support M&A transactions as needed, including legal diligence, transaction documentation, integration planning, and coordination with internal stakeholders and outside counsel.

·         Advise on prevailing wage and apprenticeship requirements, domestic content adders, energy community designations, foreign entity of concern regulations, and other ITC adder and qualification requirements as they affect transaction structuring and execution.

·         Monitor regulatory and legislative developments affecting renewable energy tax incentives and advise internal stakeholders on potential impacts to existing and prospective transactions.

·         Oversee and implement internal governance and approval processes related to capital markets transactions, including compliance with company policies, investment committee and capital committee approval requirements, and board authorization procedures.

·         Serve as a key point of accountability for ensuring that all required internal approvals are obtained at appropriate stages of each transaction prior to execution and closing.

·         Review and advise on principal development agreements, including engineering, procurement, and construction (EPC) agreements, power purchase agreements (PPAs), equipment supply agreements, interconnection agreements, and other project documents, with a focus on provisions that may affect project financeability, lender or tax equity investor requirements, or future capital markets transactions.

·         Support internal treasury and finance teams with post-closing and ongoing transaction matters, including amendments, waivers, consents, notices, funding requests, obligation monitoring and compliance, and maintenance of existing financing and tax equity arrangements.

·         Manage outside counsel effectively, including transaction workflow, diligence requests, document review, closing checklists, timelines, budgets, and post-closing deliverables.

·         Support continuous improvement of internal legal and transaction processes, including templates, playbooks, diligence trackers, approval workflows, and closing procedures.

·          Special projects as assigned.

·         Juris Doctor degree from an accredited law school.

·         Active license to practice law in at least one U.S. jurisdiction.

·         5-8 years of relevant legal experience, preferably with a law firm, renewable energy company, independent power producer, infrastructure investor, financial institution, or energy project developer.

·         Experience with renewable energy project finance, tax equity, tax credit transfers, debt financing, M&A, or energy/infrastructure transactions.

·         Strong working knowledge of federal renewable energy tax credit laws and regulations, including the Investment Tax Credit (ITC), Production Tax Credit (PTC), and related provisions under the Internal Revenue Code and Treasury Regulations.

·         Familiarity with renewable energy project documents, including EPC agreements, PPAs, equipment supply agreements, O&M agreements, interconnection agreements, site control documents, and financing-related project diligence.

·         Understanding of key project finance and tax equity diligence considerations, including project financeability, risk allocation, tax credit qualification, lender and investor consents, collateral structuring, and closing conditions.

·         Experience coordinating with lenders, tax equity investors, tax advisors, external counsel, and internal cross-functional teams.

·         Ability to independently manage transaction workstreams, coordinate with outside counsel and internal teams, and escalate key legal or business issues appropriately.

·         Strong drafting, negotiation, analytical, project management, and communication skills.

·         Ability to manage multiple transactions and priorities simultaneously while maintaining attention to detail and sound judgment.

·         Commercially minded, collaborative, and comfortable advising business teams in a fast-paced environment.

·         Experience advising on domestic content, energy community, prevailing wage and apprenticeship, FEOC, or other renewable energy tax credit qualification matters preferred.

·        Location: Hybrid in Houston, Texas (4 days in office, Fridays remote).

·        Applicants must be currently authorized to work in the United States on a full-time basis. Visa sponsorship or transfer visas, including H-1B or L-2, are not available for this position.

Urban Grid offers an exciting benefits package, including medical, dental, vision, health savings account, flexible spending account, company-paid life insurance and short-term disability, voluntary life, and long-term disability, paid paternal leave, and a retirement plan with matching contributions. Full-time position with competitive compensation package, including bonus.