---
title: 'Project Finance Specialist at ON.energy'
canonical: 'https://feeny.ai/job/project-finance-specialist-on-energy-miami-w19cy67nsvgr'
type: 'job'
last_seen: '2026-11-02'
---

# Project Finance Specialist at ON.energy

- **Company:** ON.energy
- **Location:** Miami, FL
- **Posted:** 2026-10-26
- **Last confirmed live:** 2026-11-02
- **Apply:** https://job-boards.greenhouse.io/onenergy/jobs/4459170009

## 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.

The Project Finance Specialist/Chief of Staff to the CIO is a deal-first role. You will work directly with ON.energy's Chief Investment Officer, who owns capital formation and deployment for the company: topco equity and debt, project finance, tax equity and credit transfers, and the financing structures behind our AI UPS-as-a-Service offering for neocloud and hyperscale customers.

Roughly 70% of your time is deal execution: building models, running financing processes, and negotiating alongside the CIO with a specific focus on Project Finance of ON.energy’s proprietary AI.UPS technology. The other 30% is running the Office of the CIO: setting priorities, preparing board and investor materials, and driving follow-through across Finance, Legal, Commercial, and Engineering.

This is a seat at the center of how ON.energy funds a multi-gigawatt build-out. You will see every major capital decision the company makes, and you will be expected to help shape them.

Location and Travel

- Location: Miami, Florida. New York will be considered, and remote may be considered for an exceptional candidate.
- Travel: Approximately 25%, including project sites in Texas, investor and lender meetings in New York, and customer meetings with hyperscale and neocloud partners.

## What You'll Do

- Support the CIO across all capital raise activity (equity, venture debt, credit facilities, structured capital): investor targeting, data rooms, models, materials, and diligence management.
- Specific focus on structuring and executing project-level financings for AI UPS assets in ERCOT and other U.S. markets, including construction, term, and back-leverage facilities.
- Design and finance AI UPS-as-a-Service: build the contract and capital structures (leases, energy-as-a-service, SPVs, asset-backed facilities) that let neocloud and hyperscale customers procure our systems off balance sheet.
- Monetize tax credits, including §48E ITC, domestic content and energy community adders, §6418 transferability, and tax equity, working with the Tax team and outside advisors.
- Own financial models built together with our analytics team for project lenders, project returns, and as-a-service pricing. Pressure-test assumptions on cost of capital, counterparty credit, and residual value.
- Negotiate term sheets, credit agreements, and customer contracts alongside the CIO, Legal, and outside counsel.
- Build and maintain relationships with banks, infrastructure funds, private credit, tax credit buyers, and the capital and infrastructure teams at hyperscalers and neoclouds.
- Run the CIO's operating cadence: priorities, pipeline tracking, and weekly deal reviews.
- Prepare board, investment committee, and investor update materials.
- Act as the CIO's proxy in cross-functional work with Finance, Legal, Commercial, and Engineering to keep deals moving.
- Track capital markets, digital infrastructure financing trends, and tax credit policy, and turn them into concrete recommendations.
- Take on special projects as the CIO's mandate evolves, including strategic partnerships and M&A.

## What You Bring

## Requirements

- 4–7 years of experience in infrastructure, energy, or data center financing, from private equity, investment banking, infrastructure or venture capital, project finance, or a digital infrastructure developer or operator.
- Hands-on execution of closed transactions: capital raises, project financings, or structured credit. You have built the model and sat at the negotiating table.
- Expert financial modeling: project finance, levered returns, debt sizing, and waterfall structures.
- Working knowledge of energy tax credits (§48E, §6418 transferability, tax equity) and how they shape capital structure.
- Understanding of data center and digital infrastructure economics, including colocation, powered shell, and lease structures.
- Clear, concise written and verbal communication. You can turn a complex structure into a one-page memo for a board.
- Bachelor's degree in finance, economics, engineering, or a related field.

## Preferred

- Existing relationships with lenders, infrastructure funds, tax credit buyers, or hyperscaler and neocloud infrastructure teams.
- Experience structuring equipment-as-a-service, leasing, or other off-balance-sheet solutions for large customers.
- Exposure to ERCOT or other U.S. power markets and battery storage revenue models.
- MBA, CFA, or equivalent.
- Fluency in Spanish is a plus.

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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