Legal Associate

4 weeks ago

Culver City, United States PearlX Full time

Legal Associate


Company: PearlX Infrastructure LLC

Job Title: Legal Associate

Location: Culver City, CA - Hybrid

Employment Type: Full Time

Travel: up to 20%


About PearlX

PearlX was founded in 2019 and works with numerous multifamily owner-operators across California and Texas with more markets to come. We provide clean, reliable, smart grid power systems to thousands of residents at a reduced rate while increasing the Net Operating Income (NOI) of owner-operators by installing and operating solar and battery storage systems and other electrification amenities on their properties. For our energy customers, PearlX’s portfolio enables resilience and independence. For our infrastructure investors, PearlX eases capital formation and enables the energy transition. Our program helps property owners meet their Environmental, Social, and Governance (ESG) goals with no additional capital expenditures, as we install and maintain the system at no cost. We simplify the process, handling every aspect of installation and maintenance while maximizing the benefits for owners and their residents. Our mission is to generate long-life current yield for its partners and shareholders. We believe that mission is achieved by selling the most flexible electron with the highest energy margins.


Position Overview

PearlX is seeking an experienced Legal Associate to join our fast-growing business. In this role, you will report to our [VP of Legal] to assist on all aspects of the Legal function of the business, chiefly, supporting and, as applicable, overseeing, project diligence, lease agreement negotiation, and the drafting, reviewing and negotiation of all other key project documents, including PPA’s, EPC’s, NDA’s and project and corporate financing agreements (including for debt and tax equity transactions), as well as ensuring legal and regulatory compliance in respect of the company’s growing asset portfolio.

The Legal Associate will also collaborate with the VP of Regulatory & Policy on major regulatory initiatives of the company -- facing agencies and other decision-making bodies, in close concert with our peers and stakeholders in our fast-evolving industry.


Who You Are

  • Entrepreneurial and startup-minded
  • Passionate about the transition from molecules to electrons and the massive global changes this entails. Thrives in a fast-paced, dynamic environment
  • Minimum [4-7] years of experience transacting in real estate and preferably, the (renewable) energy infrastructure segment, at the asset and corporate (debt, equity, and tax), levels
  • Possess strong initiative, excellent management and leadership skills, and strong business acumen


What You’ll Do

  • Work with the [VP of Legal] to support all aspects of Sales, Operations, Development, Delivery, and Finance
  • Work with the [VP of Legal] and company’s roster of external counsel/advisers to drive deals for the Company, employing its market-leading proprietary and structured lease product, to facilitate deal origination through to close.
  • Offer strategic advice on legal / contractual matters to Sales and Delivery teams.
  • Update and maintain legal precedents, form agreements, and Lease closing documentation, including working towards implementation of a comprehensive document management system in the next fiscal.
  • Research and maintain knowledge of a range of laws and regulations in the energy, housing, consumer protection space impacting company policy and operations to provide legal advice on regulatory matters to various units of the business.
  • Under the VP of Regulatory & Policy, engage with external regulatory bodies and agencies in finalizing and submitting filings, reports and written comments
  • Keep abreast of regulatory changes and industry trends to ensure compliance, update company policies, and identify potential risks and opportunities
  • Assist [VP of Legal] on the effective and efficient management and resolution of all legal disputes, conflicts, and litigations arising during the course of business operations


Qualifications and Competencies Required

  • An active license to practice law in at least one US state (CA preferred)
  • 3-6 years’ experience (consisting of either law firm or a mix of law firm and in-house experience) in contract negotiation, legal document preparation and the legal issues related to renewable energy, infrastructure project finance and real estate.
  • Excellent research, analysis, and writing skills.
  • Excellent organizational, analytical, problem solving, and critical thinking skills
  • Ability to articulate complex legal concepts to non-legal stakeholders and counterparties.
  • A solid understanding of regulatory compliance and a willingness to engage with regulatory agencies and industry stakeholders.
  • Proficiency in Microsoft Office (Excel, Word, PowerPoint)
  • Ability to work independently as well as collaboratively with internal/external individuals


Preferred Qualifications

  • Experience with financing (particularly tax equity) transactions.
  • M&A and Capital Markets experience is an added plus.
  • Experience interfacing directly with regulatory agencies and decision-making bodies.


Additional Details

  • Competitive salary in a fun, fast-paced start-up company
  • Must be available to travel domestically up to 20% of the time with the need for some overnight trips


U.S. Citizens, Green Card holders, and those authorized to work in the U.S. for any employer will be considered.

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