---
title: 'Corporate Development Manager (Project & Structured Finance) at ON.energy'
canonical: 'https://feeny.ai/job/corporate-development-manager-project-structured-finance-on-energy-united-states-q7a041402561'
type: 'job'
last_seen: '2026-11-02'
---

# Corporate Development Manager (Project & Structured Finance) at ON.energy

- **Company:** ON.energy
- **Location:** United States
- **Posted:** 2026-10-26
- **Last confirmed live:** 2026-11-02
- **Apply:** https://job-boards.greenhouse.io/onenergy/jobs/4465925009

## Job description

ON.energy is setting the standard for large load interconnection. ON’s patented AI UPS™ is a medium-voltage UPS that serves as a firewall, protecting the data center from the grid, and the grid from the data center. With multiple gigawatts currently under construction, we are enabling grid-safe data centers.

## About the role

ON.energy is setting the standard for large load interconnection. ON’s patented AI UPS™ is a medium-voltage UPS that serves as a firewall, protecting the data center from the grid, and the grid from the data center. With multiple gigawatts currently under construction, we are enabling grid-safe data centers.

We are seeking a Manager to join the Corporate Development team, focused on project and structured finance, reporting to the Head of Investment Finance. This role will drive ON.energy’s development and structuring of new business models and financing strategies, owning the modeling, contracting, and lender relationships behind offerings that expand how customers deploy our technology. Beyond structured finance, you will also contribute to broader corporate development initiatives, including capital raising, M&A, and board and investor materials.

This role is suited for candidates with 4+ years of experience in project finance, structured finance, or infrastructure investing, a track record of taking financings from term sheet to close, and a desire to take on significant responsibility at a rapidly growing, category-defining company at the intersection of energy, digital infrastructure, and AI-driven power demand. The ideal candidate is a hard-working self-starter who combines strong technical skills with sound commercial judgment, is comfortable building structures where there is no established playbook, and can represent ON.energy credibly with banks, lenders, and investors.

You will join a small, high-impact team where ownership is real and the pace matches the opportunity, with direct visibility to senior leadership, the board, and external stakeholders. This is a hybrid role with a minimum of three days per week in our New York office and up to 10% travel.

## Key Responsibilities

Project Finance Modeling

- Own ON.energy’s project finance models end to end, including cash flow waterfalls, debt sizing and sculpting, coverage ratios, reserve accounts, tax attributes, and returns
- Run sensitivity and scenario analyses to inform pricing, structuring, and investment decisions
- Set modeling standards and prepare models for lender diligence and third-party model audit
- Translate model outputs into clear materials for senior leadership, investment committees, and lenders

Structuring and Execution

- Drive the financial structuring of new commercial offerings for ON.energy’s products, evaluating ownership, contracting, and capital structures and their impact on returns, risk allocation, credit, tax, and accounting
- Run financing processes from term sheet through financial close, including lender outreach, diligence, documentation, and conditions precedent
- Evaluate financing alternatives across construction and term debt, back-leverage, private credit, and tax credit monetization
- Coordinate legal, tax, accounting, insurance, and independent engineering advisors through execution

Contracts and Risk Allocation

- Review and negotiate key financing and commercial agreements through a bankability lens, including credit agreements, long-term customer contracts, supply and EPC agreements, O&M and service agreements, warranties, and performance guarantees
- Assess counterparty credit quality and risk allocation across contract structures, and work with Legal and Commercial teams to align contract terms with financing requirements
- Manage post-close obligations, including lender reporting, covenant compliance, and amendments

Lender and Capital Markets Relationships

- Build and maintain relationships with project finance, structured finance, and debt capital markets (DCM) teams at banks, private credit funds, infrastructure investors, and institutional lenders
- Serve as a key point of contact for lenders through diligence, execution, and asset management
- Track financing market conditions, including pricing, tenor, leverage, and covenant terms, and bring that perspective into structuring and commercial pricing decisions

## Qualifications

Required

- Bachelor’s degree in Finance, Economics, Accounting, Engineering, or a related field
- 4+ years of experience in project finance, structured finance, or infrastructure investing at a bank, infrastructure or private credit fund, developer/IPP, or advisory firm
- Demonstrated deal experience, including multiple asset-level financings (e.g., construction and term debt, back-leverage, warehouse facilities, or securitizations) taken from term sheet to financial close
- Expert technical skills, including the ability to build and audit project finance models from scratch with a deep understanding of CFADS, debt sizing and sculpting, DSCR, reserve mechanics, and cash flow waterfalls
- Strong command of project finance structuring and documentation, including credit agreements, intercreditor and security arrangements, offtake and long-term customer contracts, EPC, and O&M agreements
- Excellent communication and negotiation skills, with the ability to represent ON.energy with lenders, investors, and counterparties
- Self-starter with a strong work ethic and a high degree of ownership, able to operate independently and build processes from scratch on a lean team
- Advanced proficiency in Excel and PowerPoint

Strongly Preferred

- Experience in energy storage, power generation, data centers, or digital infrastructure
- Experience with tax equity, ITC transferability, or other tax credit monetization structures
- Experience with private placements, securitization, or other DCM execution
- Experience structuring first-of-a-kind financings, new asset classes, or novel commercial structures
- Completion of a formal analyst program at a bank

For US-based roles - What you’ll get:

- Competitive salary + annual performance-based bonus eligibility
- Medical, dental, and vision insurance
- 401(k) with company match
- Paid time off and company holidays

For Mexico-based roles - What you’ll get:

- Competitive salary + annual performance bonus eligibility
- Christmas Bonus (Aguinaldo): 30 days
- Major medical expenses and life insurance
- Paid time off and holidays (per local policy)

For all roles:

- Professional development and growth opportunities
- Opportunity to grow with a mission-driven team shaping the future of clean energy
- Equal Opportunity: ON.energy is committed to equal employment opportunity and to maintaining a work environment free of harassment, discrimination, or retaliation.
- Benefits vary by role and location and are subject to change.

Agency Notice: ON.energy does not accept unsolicited resumes from staffing agencies, search firms, or third-party recruiters. Resumes submitted without a fully executed Master Services Agreement (MSA) and a written request from an authorized member of our Talent Acquisition team will be considered the property of ON.energy. No placement fees or compensation will be paid for unsolicited candidate submissions.

## About ON.energy

## Company Overview
- **One-liner**: ON.energy supplies and operates hyperscale power systems built to meet the world’s most demanding resilience challenges, delivering grid-safe energy and AI infrastructure through patented technology and proprietary software.
- **Entity Type**: Private (Series B, multiple debt financing rounds)
- **Headquarters**: Miami, Florida, United States
- **Founded**: 2016
- **Founders**: Alan Cooper (CEO & Co-Founder) and Ricardo De Azevedo (CTO & Co-Founder)

## Core Business
- **Primary Industry**: Energy Technology (energy storage, battery systems, critical power infrastructure)
- **Target Customers**: AI data centers, mission-critical facilities, grid-scale asset owners (B2B, enterprise, infrastructure)
- **Mission/Purpose**: To build the backbone of energy and AI infrastructure, making energy resilient, clean, abundant and affordable while solving the toughest power problems in the world.

## Products & Services
- **Hyperscale Power Systems**: Custom, end-to-end solutions for AI data centers and mission-critical facilities, combining advanced power electronics, battery storage and proprietary control software.
- **ON.command™ Energy Management System**: Proprietary software platform for managing gigawatt-scale deployments, optimizing grid stability, energy arbitrage, and uptime.
- **AI.UPS™ Platform**: Patented microgrid control system designed to deliver flickerless, full-facility protection with up to Tier 4 performance for mission-critical facilities.
- **Battery Energy Storage Systems (BESS)**: Grid-scale and commercial & industrial storage solutions for frequency regulation, peak shaving, and renewable integration.
- **Fault-Tolerant Architectures**: Engineered solutions for the most demanding environments, built with Tier-1 components backed by 20-year warranties.

## Market Standing
- **Valuation/Market Cap**: Not publicly disclosed (private company)
- **Key Metric**: Total Funding: $262.6M (across multiple debt and equity rounds, including Series B led by Ultra Capital in 2023); Annual Revenue: $4.5M (per LinkedIn estimate, likely reflective of earlier stage); 3 GW+ operating & under construction; 10+ GW production capacity
- **Notable Investors/Partners**: Ultra Capital (Series B lead), SDCL Energy Efficiency Income Trust, Lombard Odier Investment Managers, Live Oak Bank, BridgePeak Energy Capital, Pathward
- **Growth Signals**: 143% headcount growth YoY (148 employees as of 2026), 875% job posting growth YoY (52 open positions), 75+ projects across the Americas, $77.6M debt financing in January 2025

## Competitive Advantages
- **Patented Technology**: Proprietary microgrid control systems (AI.UPS) and energy management software (ON.command) that set new global benchmarks for reliability and uptime (99.9% availability).
- **FEOC Compliant & U.S. Manufacturing**: Proudly engineered and built in America, meeting foreign entity of concern compliance – a key differentiator for domestic infrastructure projects.
- **Gigawatt-Scale Supply Chain**: 10+ GW production capacity with Tier-1 components and 20-year warranties, enabling rapid deployment at scale.
- **Track Record**: Over 150 years of combined team runtime, proven performance across industrial, manufacturing, infrastructure, transportation, and grid-scale storage.

## Strategic Focus
- **Grid-Safe AI Power**: Scaling hyperscale power solutions specifically designed for AI data centers, addressing grid volatility and power quality challenges.
- **Global Deployment**: Expanding across the Americas with a fully ramped supply chain and active projects in 9 countries (US, Mexico, Argentina, Peru, Chile, Canada, etc.).
- **Vertical Integration**: Continuing to develop proprietary hardware and software in-house, from R&D to commissioning and asset management.

## Why Work Here
- **Culture**: Described as dynamic, innovative, and far from traditional corporate mold – autonomous teams with high trust, fast decision-making, and a focus on impact. “If you want predictable, this isn’t it. If you want impact, welcome.”
- **Work Environment**: Cross-functional teams spanning engineering, product, finance, and operations. Locations include Miami (HQ), Houston, Mexico City, Atlanta, and field roles across the US. Hybrid/remote flexibility likely varies by role.
- **Growth Opportunities**: Rapidly scaling company (143% headcount growth) with opportunities in supply chain, project engineering, R&D, software, and IT. Emphasis on professional growth and learning from “the brightest minds in technology, product engineering, finance, and more.”
- **Mission-Driven**: Work that directly impacts energy resilience, clean energy adoption, and AI infrastructure – a chance to solve some of the toughest power problems globally.

## Sources
1. [ON.energy Website](https://www.on.energy/)
2. [ON.energy Greenhouse Careers](https://job-boards.greenhouse.io/onenergy)
3. [ON.energy LinkedIn](https://www.linkedin.com/company/on-es)
4. [ON.energy Team Page](https://www.on.energy/team)
5. [CB Insights - On.Energy Profile](https://www.cbinsights.com/company/onenergy)

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