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Senior Counsel, Commercial

4 months ago

Austin, United States Aypa Power Full time
Job DescriptionJob DescriptionSalary:

Senior Counsel – Commercial


Aypa Power, a Blackstone portfolio company, is a leading developer, owner, and operator of utility-scale energy storage and hybrid renewable projects that power our communities and cities. Our mission is to responsibly decarbonize the grid and make North American energy markets more affordable, sustainable, and efficient. Aypa is well-capitalized and uniquely positioned to lean forward on projects with well-suited deal structures to meet our customers’ needs. We have been at the forefront of energy storage development since our first energy storage project came online in 2018. As a leader in our industry, we now have over 22 GW of utility-scale energy storage and hybrid renewable energy projects in development and 33 projects in operation or construction across North America.

 

We are seeking a commercial attorney, with experience in renewable energy and battery storage offtake contracts. The Senior Counsel will support negotiation, execution and enforcement of a variety of offtake contract structures for utility-scale standalone energy storage and solar-plus-storage projects. The candidate should be experienced in supporting offtake contracting of utility-scale battery energy storage projects.  

 

Responsibilities:

  • Perform and oversee complex legal services to bid, structure, negotiate, execute and enforce offtake agreements for utility-scale energy storage and hybrid renewable projects;
  • Serve as legal lead on commercial matters and assist the Commercial team in all major areas of negotiating and executing project offtake and related hedging agreements; including assessing offtake structure, drafting and reviewing agreements and ancillary documents, confirming terms are financeable, establishing hedge structures as needed, and ensuring that transactions comply with corporate policies and precedent standards;
  • Serve as legal lead on signed commercial agreements for Development, Execution, and Asset Management teams to ensure compliance with obligations;  
  • Enhance internal transaction processes and contract templates for efficiency and compliance;
  • Facilitate legal support for cross-functional teams as needed;
  • Oversee and manage external counsel on commercial matters;
  • Identify and succinctly communicate material risks and proposed solutions to Aypa’s General Counsel and other executives and team leads;
  • Other duties as assigned.

 

Key Qualifications

  • JD from an accredited law school
  • Active bar licensure in at least one US jurisdiction
  • 5+ years of post-qualification experience, with demonstrated experience in utility-scale battery energy storage and solar/hybrid offtake contracting
  • Expertise negotiating and executing physical tolls, virtual PPAs, Resource Adequacy and other capacity contracts
  • Expertise interpreting and enforcing offtake contracts during project execution and operation
  • Experience with master electric trading contracts (EEI), ISDAs, and other hedging structures preferred
  • Additional experience supporting FERC, NERC and other regulatory compliance preferred
  • Strong computer skills, including Word, Excel, and PowerPoint proficiency
  • Excellent organizational and planning skills with meticulous attention to detail
  • Exceptional written and verbal communication skills
  • Strong interpersonal and diplomatic skills
  • Highest standards of ethics and integrity

 

Compensation and Location:

 

Salary:  A base salary commensurate with experience.

Bonus:  An annual bonus will be awarded based on both individual performance as well as the overall success of the business.

Benefits:  Aypa offers an attractive benefits package with excellent health care/dental/vision, 401k matching, unlimited vacation, paid parental leave, and other health/wellness benefits.

Location:  Remote (USA). The ability to work in the United States is a requirement

 

At Aypa, we nurture and support a highly diverse team and actively seek to advance fair and inclusive practices in all aspects of what we do. We hire passionate, dedicated, and forward-thinking individuals from different backgrounds and value unique perspectives and experiences. With a focus on belonging, we are committed to providing an inclusive environment for all.

 

Please note: We kindly request that recruiting companies and agencies refrain from contacting us regarding this job posting. We appreciate your understanding and cooperation in respecting our hiring process. Thank you.


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