Description

Calpine Corporation is America's largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets. Its fleet of 76 power plants in operation and one under construction represents nearly 26,000 megawatts of generation capacity. Through wholesale power operations and its retail businesses, Calpine serves customers in 22 states, Canada and Mexico. Its clean, efficient, modern and flexible fleet uses advanced technologies to generate power in a low-carbon and environmentally responsible manner. 

The company was established on the premise that a strong commitment to the environment is inextricably linked to excellence in power generation and corporate responsibility. Since its founding in 1984, Calpine has led the power industry in its unwavering commitment to environmental stewardship. In addition, its renewable geothermal plants use steam generated deep below the earth's surface to produce clean, renewable electricity. 

Job Summary (includes but is not limited to the following, other duties may be assigned)

Unique opportunity to join a diverse, fast-paced and challenging in-house legal department and serve as a principal day-to-day commercial and finance attorney located in the Western Regional office, responsible for commercial contracting and financing for power plant, battery storage, solar and carbon capture and sequestration facilities in California, Oregon and Arizona.

Broad commercial and finance legal experience preferred, with energy, commercial contracting, project finance, tax equity, or real estate a plus.  Will advise and assist on all aspects of commercial negotiations and financing for projects in all stages of development and operation, including, advising on power purchase agreements, state and local tax and regulatory matters, tax equity and tax credit arrangements, legal entity structuring, project finance, financial compliance and corporate issues.  Will draft, review, and provide advice for commercial project agreements including, letters of intent, joint venture agreements, power purchase agreements, project finance agreements and tax equity agreements.

Required to have or develop familiarity but not primary responsibility for regulatory matters associated with commercial and finance agreements.

• Negotiate, draft, analyze and support the administration of power purchase and other complex energy agreements, tax matters, CEC, CPUC, CAISO regional grid and regional market design issues and other commercial arrangements required by commercial teams. 
• Assist on structuring and closing construction, project finance and tax equity financing transactions, including due diligence, transaction documentation, regulatory approvals.
• Support tax credit monetization transactions, project financing and tax equity compliance, challenges and audits, and dispute matters arising from time to time.
• Support all legal financing and entity structuring aspects of complex energy development projects.
• Assist commercial and finance teams in interpreting and using legal/contractual obligations.
• Assist with creating and dissolving joint ventures, equity purchase transactions and other mergers and acquisition transactions.
• Manage outside counsel to maximize benefit and minimize costs.
• Excellent opportunity to be part of the sophisticated, creative and congenial Western Region development team supporting the largest independent power producer with one of the youngest and cleanest power operations fleets in the U.S.

Job Requirements

• Strong academic credentials and law degree.
• CA or NY Bar Membership.
• Typically requires a minimum of five to eight years’ experience practicing commercial law, including development and construction, commercial transactions, finance, corporate and/ or energy law in a law firm or corporation.
• Strong analytical skills.
• Strong interpersonal and project management skills.  
• Self-starter with the ability to work independently and to quickly gain expertise in new subject matter.
• Flexibility and ability to multi-task essential.

Salary Information 

• Salary Range - $204,004.81- 260,106.14

Additional Calpine Information

• Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities.
• Calpine is committed to Equal Employment Opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for employment and need special assistance or an accommodation to use our website or to apply for a position, please send an e-mail with your request to hrrecruitment@calpine.com. Determination on requests for reasonable accommodation are made on case-by-case basis.

Please view Equal Employment Opportunity Posters provided by OFCCP here

Requirements

• Strong academic credentials and law degree.
• CA or NY Bar Membership.
• Typically requires a minimum of five to eight years’ experience practicing commercial law, including development and construction, commercial transactions, finance, corporate and/ or energy law in a law firm or corporation.
• Strong analytical skills.
• Strong interpersonal and project management skills.  
• Self-starter with the ability to work independently and to quickly gain expertise in new subject matter.
• Flexibility and ability to multi-task essential.