Vesper Energy Development

**REMOTE POSTION** Position Summary The Director, Development owns development execution for a portfolio of utility scale solar and energy storage projects in the U.S. power markets from early stage through construction readiness and, as applicable, transaction and financing close. This role is accountable for project schedules, budgets, risk management, and cross functional coordination across interconnection, permitting, real estate, engineering, finance, and legal workstreams. The role leads a development team as applicable, manages external consultants and counterparties, and escalates key decisions with options and data to Development leadership. Role Requirements Education: Bachelor’s degree in engineering, business, environmental science, economics, finance, or related field; advanced degree preferred. Years of Experience: 10 plus years of progressive experience in utility scale renewable energy or infrastructure development, including ownership of cross functional project execution across multiple concurrent projects. 3 plus years of people leadership experience, including setting expectations, coaching, delivering performance feedback, and holding team members accountable for outcomes. Additional Skills, abilities & knowledge: - Demonstrated ability to model Vesper’s values, Accountability, Respect, Courage, Collaboration, and Continuous Improvement, through day-to-day behaviors (e.g., flags risks early, communicates directly, involves the right stakeholders early, and documents and shares learnings). - Demonstrated ability to deliver results through others as applicable, including setting clear expectations, coaching, and holding team members and consultants accountable for outcomes and providing timely performance feedback and development support. - Deep understanding of full cycle utility scale project development, including interconnection, permitting, real estate and site control, environmental diligence, and stakeholder engagement - Strong working knowledge of ISO and RTO market context and regulatory and policy dynamics that affect development strategy and schedule - Demonstrated ability to translate strategy into an execution plan, including portfolio priorities, milestones, resourcing needs, and decision points, and to stop or deprioritize low value work - Strong understanding of interconnection processes and key risk drivers, including study stages, contracting steps, utility requirements, financial obligations, and scope execution by utilities - Strong commercial and negotiation skills across project support agreements (for example tax abatements, land use agreements, mitigation settlements) and vendor and consultant contracts - Strong financial and economic analysis skills, including understanding project value drivers, sensitivities, and how commercial and contractual terms flow through project economics - Ability to concisely frame issues with context, analysis, options, recommendations, and risk and benefit tradeoffs for senior leaders - Highly organized operator with strong judgment, able to manage a large workload across multiple projects with disciplined tracking, documentation, and follow through - Advanced proficiency in Excel required; proficiency in Project scheduling tools, Word, PowerPoint, and GIS visualization tools (for example Google Earth) preferred - Willingness and ability to travel regularly to project locations as needed Key Responsibilities - Lead greenfield development execution for a portfolio of utility scale solar and storage projects across U.S. power markets (for example PJM, MISO, SPP, CAISO, WECC) as applicable - Own project schedules, budgets, milestones, and risk registers for assigned projects, maintaining accurate reporting and driving issues to closure to protect COD and value - Drive cross functional execution across interconnection, permitting, real estate, engineering, legal, and finance workstreams by establishing cadence, clarifying owners, and preventing surprises - Manage interconnection strategy and execution for assigned projects, including oversight of applications, study inputs, utility timelines, financial obligations, and mitigation actions for key constraints - Partner with Finance to deliver feasibility analyses and investment decision support, including clear assumptions, scenario framing, sensitivities, and decision ready recommendations - Negotiate and coordinate project support agreements and stakeholder commitments as assigned, ensuring internal alignment, documentation quality, and controlled risk exposure - Lead external stakeholder engagement as needed, including landowner relationships, community and local and state engagement, and coordination of project support activities - Manage contractors, vendors, and consultants by setting scope and deliverables, monitoring performance, controlling changes, and resolving cost, schedule, and quality issues quickly - Lead and develop direct reports as applicable by setting clear goals and expectations, providing ongoing coaching and performance feedback, and building repeatable team practices that improve reliability. - Improve development operating mechanisms by building repeatable templates, trackers, and workflows that increase predictability, speed, and quality across the portfolio - Other duties as assigned

**REMOTE POSITION** The Director, Project Structuring and Valuation is responsible for leading the valuation and structuring of development projects, including project underwriting, valuation standards, and financial modeling across Vesper Energy’s solar and storage portfolio. This role owns portfolio valuation standards, modeling conventions, underwriting discipline, and valuation quality controls that support capital allocation and financing decisions. The Director reports to the CFO and partners closely with Development, Legal, Commercial, and FP&A, and interacts with external investors and lenders to support capital structure decisions and diligence needs. This position also supports project financings (debt and or tax equity) as applicable, including economics support, diligence coordination, and closing readiness. Role Requirements Education: Bachelor’s degree in finance, economics, Business Administration, Engineering, or related field required. MBA or other relevant advanced degree preferred. Years of Experience: Minimum 8+ years of progressive experience in project finance (debt and tax equity), structured finance, investment banking, M&A or valuation within energy or infrastructure sectors. The experience must include management experience in complex modeling workstreams and cross functional coordination and investment committee material preparation and approval, tax equity and debt financing process. Additional Skills, abilities & knowledge: · Demonstrated ability to model Vesper's values, Accountability, Respect, Courage, Collaboration, and Continuous Improvement, through day-to-day behaviors (e.g., flags risks early, communicates directly, involves the right stakeholders early, and documents and shares learnings). · Proficiency in financial modeling, analysis, and relevant software/tools. · Solid understanding and hands-on experience with project underwriting, valuation and financial modeling. · Deep expertise in utility scale solar and storage financial modeling including merchant revenue assumptions, offtake structure, tax equity structures, and debt financing · Strong ability to translate portfolio strategy and capital allocation priorities into underwriting standards and analytical frameworks · Proven experience leading analysts and managers, setting expectations, reviewing outputs, and developing technical capability · Advanced understanding of power market fundamentals, forward curves, and revenue risk allocation · Ability to evaluate and structure complex transactions including construction loans, term debt, and tax equity investments and sell down analysis · Strong executive communication skills with the ability to present valuation assumptions, risks, and tradeoffs clearly to senior leadership · Demonstrated capability to improve modeling tools, documentation standards and streamline and continue modeling process with strong quality control to reduce risk, rework and inefficiency. · Strong cross functional collaboration skills to align Development, Legal, Finance, FP&A, Commercial and EPC teams on financial assumptions and transaction structure. Key Responsibilities · Lead and manage project level underwriting and valuation processes across solar and storage development, construction, and operating assets · Manage team of financial analysts to managers performing financial analysis, project structuring and valuation. · Drive development and continuous improvement of standardized financial models, assumptions libraries, and underwriting criteria to ensure consistency and accuracy · Establish and enforce valuation and modeling quality controls, including review checklists, version control standards, and documentation requirements that reduce rework and errors · Partner with Development and Strategy to evaluate capital allocation decisions, pricing strategy, and portfolio prioritization · Manage and develop the project valuation team, setting clear deliverables, quality standards, and performance expectations · Analyze power market fundamentals, merchant exposure, and revenue forecasts to ensure accurate integration into financial models · Deliver executive ready analyses that clearly articulate valuation outcomes, downside risks, and tradeoffs to senior leadership · Establish quality control procedures and version management standards to ensure modeling integrity and audit readiness · Collaborate cross functionally to align modeling priority and manage inputs, transaction structures, and underwriting assumptions to deliver wholistic presentations of project economics and risks to Project Risk Committee and Capital Risk Committee · Support project financings, including construction loans, term loans, letters of credit, and tax equity fundings. · Other duties as assigned.

**REMOTE POSITION** Position Summary The Manager, Commercial Analytics, BESS Modeler owns quantitative revenue modeling and technoeconomic optimization analyses for standalone battery energy storage, solar, and hybrid solar plus storage assets across major U.S. power markets. This role supports asset monetization activities including M&A, origination, and other commercial transactions by translating market rules, fundamentals, and customer and contract structures into defensible revenue forecasts and valuation inputs. The role partners with Development, Engineering, Transmission, Finance, Operations, and Commercial teams to deliver timely, decision ready analytics and clear recommendations. Role Requirements Education: Bachelor’s degree in economics, finance, engineering, or a related field; advanced degree or certification preferred. Years of Experience: 5 to 7 years of energy revenue modeling experience in an energy development company, IPP, or consulting firm, including direct experience with storage and or hybrid asset modeling. Additional Skills, abilities & knowledge: - Demonstrated ability to model Vesper’s values, Accountability, Respect, Courage, Collaboration, and Continuous Improvement, through day to day behaviors (e.g., flags risks early, communicates directly, involves the right stakeholders early, and documents and shares learnings). - Demonstrated expertise in revenue modeling for solar, storage, and hybrid solar plus storage assets, including storage revenue stacking and optimization strategies. - Strong understanding of ISO and RTO market operations and rules governing energy storage participation across products including energy, ancillary services, and capacity (as applicable). - Strong understanding of power market fundamentals, including supply and demand dynamics, fuel price sensitivity, and transmission constraints, and ability to incorporate these drivers into analytical models. - Proficiency in Python and SQL for analytics and model development, including experience with common libraries such as pandas, NumPy, SciPy, and data visualization tools such as Matplotlib or Plotly. - Strong quantitative and statistical skills, including time series manipulation and the ability to synthesize large datasets into actionable insights. - Working knowledge of linear programming and mixed integer programming concepts; familiarity with optimization frameworks and solvers such as Pyomo, CVXPY, or Gurobi preferred. - Ability to explain complex modeling outputs and commercial structures clearly to internal stakeholders and external counterparties, including customers. - Strong organization and prioritization skills, able to manage multiple concurrent deliverables with high standards for accuracy, documentation quality, and on time execution. - Familiarity with offtake structures and key revenue contract concepts, including PPAs, tolls, build own transfer, and other long term structured revenue arrangements. Key Responsibilities - Own the development, maintenance, and continuous improvement of quantitative revenue and technoeconomic optimization models for standalone and co located storage, solar, and hybrid assets across major U.S. markets. - Deliver scenario analyses and revenue forecasts to support commercial decision making for asset monetization activities, including M&A diligence, origination pursuits, and structured transaction opportunities. - Optimize the storage revenue stack across applicable market products, ensuring alignment with ISO and RTO participation rules and translating constraints into defensible modeling assumptions. - Analyze market fundamentals, price forecasts, and regulatory dynamics and translate insights into clear implications for offtake strategy, asset valuation, and transaction structuring. - Interpret and incorporate production cost modeling and capacity expansion modeling outputs into deal level revenue views, sensitivities, and narrative explanations for internal approval. - Partner with Structured Finance and Finance teams to integrate revenue modeling outputs into project financial models and valuation work, ensuring traceability and consistent definitions. - Support proposal development and tracking by producing customer ready analytics, drafting quantitative content, and coordinating inputs, timelines, and responses with internal stakeholders. - Build repeatable tools, documentation, and standards for model governance, including version control practices, input assumptions, validation checks, and clear handoffs for cross functional use. - Communicate complex results to technical and non technical audiences, including explaining structures, trade offs, and key drivers to customers and internal executives. - Identify data gaps, workflow bottlenecks, and quality issues and implement improvements that increase speed, rigor, and consistency of commercial analytics deliverables.

**REMOTE POSITION** Vesper Energy is seeking an experienced and strategic Director of Mergers and Acquisitions to join our dynamic team. The ideal candidate will play a pivotal role in identifying, evaluating, and executing mergers and acquisitions transactions that align with the company's Corporate Development and Capital Plan growth strategy. As the Director of M&A, you will work across the organization with all of the major functional departments (e.g. development, engineering, transmission, finance, and operations), present and communicate regularly with senior executives to drive key business initiatives and contribute to the expansion of our 14+ GW development pipeline. Role Requirements Education: Bachelor’s degree in business administration, Finance, or related field. MBA preferred. Investment banking experience preferred. Years of Experience: Minimum of 7-10 years of experience in mergers and acquisitions within the renewable energy sector, with a proven track record of successfully executing both sale side and buy side transactions. Additional Skills, abilities & knowledge: - In-depth understanding of the renewable energy market, including project development, US energy markets, utilities, infrastructure, financing structures, and financial models. - Strong analytic capabilities with a solid understanding of asset valuation and the ability to analyze and assess dynamic development stage investment opportunities. - Excellent communication, negotiation, and presentation skills, with the ability to effectively and succinctly articulate opportunities, creative problem solving, and assess, manage, summarize execution risk with internal and external stakeholders at various levels. - Proven experience in leading and motivating cross-functional teams, with the ability to drive results in a collaborative and fast-paced environment. - Effective communication skills, with a high degree of emotional intelligence. - Ability to work independently and as part of a cross-functional team. Key Responsibilities - Develop and implement the M&A strategy aligned with the company's Corporate Development and Capital Plan business objectives and renewable energy market trends. - Proactively identify and assess target customers, potential asset and partnership opportunities for identified pools of assets and/or not yet identified assets that complement and enhance the Vesper project portfolio. - Conduct market research and analysis, as well as gather market intelligence necessary form a view on market supply/demand, competitor analysis, and market dynamics. - Lead and manage all aspects of day-to-day transaction process to ensure comprehensive due diligence processes as well as timely completion and cost effective, competitive results. - Evaluate financial, operational, and regulatory aspects of target companies. - Analyze and assess key development risks and opportunities associated with proposed transactions. - Analyze financial models to evaluate potential deal structures, ensuring alignment with company financial goals and return on investment criteria. - Analyze and interpret financial data to recommend and support decision-making. - Lead negotiations, structuring, and execution of transactions, working closely with development, engineering, origination, operations, legal, finance, and other relevant teams to ensure successful deal closure. - Structure deals to maximize value and mitigate risks. - Collaborate with legal and finance teams to finalize deal terms and agreements. - Develop integration plans for successful post-merger implementation. - Collaborate with cross-functional teams to ensure a seamless integration process. - Demonstrate in-depth knowledge of Power Purchase Agreements (PPAs) and their role in renewable energy projects. - Identify and assess PPA-related risks and opportunities in potential transactions. - Build and maintain strong relationships with external partners, financial institutions, industry players, and other stakeholders to facilitate successful M&A transactions. - Effectively communicate with internal teams and executives on M&A activities.

**REMOTE POSITION** Vesper Energy is seeking a highly experienced Director of Project Valuation & Analytics to lead various Structured Finance team initiatives. The Director of Project Valuation & Analytics will be responsible for project underwriting, valuation and financial modeling efforts within the company. The Director will also be responsible for maintaining consistency across projects and for best-in-class valuation standards. Role Requirements Education: Bachelor’s degree in finance, Economics, Business Administration, or Engineering. MBA or relevant advanced degree is strongly preferred. Years of Experience: 10+ years of experience in financial analysis, project financing (debt and tax equity) at independent power producer or utility or commercial/investment bank with a strong focus in energy or infrastructure sectors. Additional Skills, abilities & knowledge: · Proficiency in financial modeling, analysis, and relevant software/tools. · Solid understanding and hands-on experience with project underwriting, valuation and financial modeling. · Strong understanding of solar and storage project economics and financial modeling. · Hands-on experience with valuation of Solar + Storage (PV+BESS) projects. · Ability to understand power market fundamentals and interpret merchant revenue streams accurately. · Proven experience dealing with modeling construction loans, term loans, and tax equity structuring/modeling. · Analytical approach and a good understanding of structuring complex financial transactions. · A good understanding of capital markets, debt, equity and tax equity/credit financing, and financial instruments. · Strong management skills and ability to work with cross-functional teams. Key Responsibilities Financial Modeling: · Lead financial modeling efforts to support project financing, pricing decisions, and portfolio management. · Collaborate with legal, finance, and development teams to ensure consistency and best in class modeling and valuation. Project Underwriting: · Manage project underwriting criteria and work with cross functional teams to implement them. · Lead Modeling and underwriting criteria for PV + BESS projects Market Analysis: · Analyze and interpret the market fundamentals, forward curves for use in financial models. · Provide strategic guidance to senior management on market conditions, financing options, and capital allocation. Team Leadership: · Provide guidance and support to team members on financial structuring, negotiations, and market analysis. · Ensure effective communication and coordination across cross-functional teams to support financing initiatives.