Project Finance Specialist

The role

You will support the CIO in capital formation and deal execution for AI UPS technology. This includes building financial models, running financing processes, and managing the Office of the CIO.

What you will do

• Support the CIO across all capital raise activity including investor targeting, data rooms, models, materials, and diligence management.
• Structure and execute project-level financings for AI UPS assets in ERCOT and other U.S. markets.
• Design and finance AI UPS-as-a-Service through contracts and capital structures.
• Monetize tax credits working with the Tax team and outside advisors.
• Own financial models for project lenders, project returns, and as-a-service pricing.
• Negotiate term sheets, credit agreements, and customer contracts.
• Build and maintain relationships with banks, infrastructure funds, private credit, tax credit buyers, and hyperscalers.
• Run the CIO's operating cadence including 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.

Required qualifications

• 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 de
• Hands-on execution of closed transactions: capital raises, project financings, or structured credit.
• 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.
• Bachelor's degree in finance, economics, engineering, or a related field.

Nice to have

• 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

Benefits

• Competitive salary
• Annual performance-based bonus eligibility
• Medical, dental, and vision insurance
• 401(k) with company match
• Paid time off
• Company holidays
• Christmas Bonus (Aguinaldo): 30 days (Mexico-based roles)
• Major medical expenses and life insurance (Mexico-based roles)
• Professional development and growth opportunities

Before you apply

• ON.energy does not accept unsolicited resumes from staffing agencies, search firms, or third-party recruiters.

About the company

ON.energy is setting the standard for large load interconnection with patented AI UPS technology. The company enables grid-safe data centers with multiple gigawatts currently under construction.