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This is a pivotal role for a senior legal professional, primarily focused on Project Finance and Commercial Transactions, to drive Sunrun's core mission. You will serve as the in-house legal expert, leading the structuring, negotiation, and closing of complex, high-value transactions, including tax equity, debt, and asset-backed securitizations for distributed renewable energy. Your strategic counsel on both financing and critical commercial contracts will directly enable the rapid expansion of clean energy solutions, requiring mastery-level expertise and the autonomy to advise executive stakeholders and manage outside counsel on multi-million dollar deals under the latest federal legislation.
Job Responsibility:
Strategic Transaction Leadership (Project Finance): Serve as a primary in-house legal driver for the structuring, negotiation, and closing of complex project financing transactions, including back-leverage debt, term debt, and subordinated debt, asset-backed securitizations, and tax equity and ITC transfer transactions that are structured as large portfolio financings of distributed generation assets
Independently draft, review, and negotiate all core tax equity and ITC transfer transaction documentation, including partnership LLCAs, purchase agreements, and ITC transfer agreements, and support external counsel in drafting debt and ABS documentation
Manage corporate approvals and disclosures related to project financing transactions, including drafting resolutions, operating agreements, and affiliate agreements, and coordinating with executive and board stakeholders for transaction approvals
Oversee and direct the legal due diligence process, closely working with other legal and business teams to respond to investor questions, including KYC, corporate, and consumer protection compliance due diligence
Advise on the implementation and impact of federal legislation (e.g., Inflation Reduction Act and The One Big Beautiful Bill Act) on project finance transactions, including coordinating closely with external tax counsel and the business to implement such legislation and regulations related to project finance transactions (e.g., transferability, ITC adders, FEOC provisions)
High-Level Project Development and Commercial Contracts: Provide strategic direction in the drafting and negotiation of primary project agreements critical to the business, including engineering, procurement, and construction (EPC) contracts, installation and sales partnership agreements, distributed power plant (DPP) agreements, lead generation agreements, operations and maintenance (O&M) agreements, and long-term equipment supply agreements
Serve as the legal lead in working with Sunrun’s installation and sales partners on commercial agreements related to sales and installation partnerships
Function as the ultimate internal expert on matters related to our construction and sales partners, seeking appropriate input to ensure contracts are fully bankable
Autonomous Collaboration and External Management: Operate autonomously as a legal and strategic resource to non-lawyer business partners, including the Project Finance, Business Development, Installation and Sales Partnerships, and Operations teams, providing practical, high-impact, and solution-oriented legal advice
Manage and oversee outside counsel with little direction, driving efficient utilization and ensuring high-quality, cost-effective service delivery across multiple simultaneous, complex transactions
Requirements:
J.D. Degree from an accredited law school
Active Membership in good standing in at least one U.S. state bar
Minimum of 8-10+ years of dedicated, high-level experience practicing law, with a primary focus on Project Finance and Development, preferably with experience in a leading law firm's Project Finance and Development group and as senior in-house counsel for a major renewable energy developer or fund
Mastery-level expertise in distributed renewable energy (ideally residential solar and storage) transactions, including expertise in portfolio financing structures and associated consumer finance regulatory aspects
Proven ability to independently drive numerous complex, high-value transactions from term sheet to closing under tight deadlines
Exceptional strategic thinking, analytical, negotiation, and problem-solving skills, with an ability to communicate complex legal issues clearly and decisively to executive leadership
Ability to perform normal office duties
Ability to operate office equipment, including computers, and determine the accuracy of work