Legal Offtake Counsel

Description

Jupiter Power is an energy infrastructure company focused on the development, construction, and operation of energy storage assets in wholesale electricity markets. Formed in 2017, the company is a national leader in energy storage deployment, utilizing its proprietary dispatch optimization applications to support both merchant and contracted structures. Backed by BlackRock’s Diversified Infrastructure business, Jupiter Power has a strategic and established portfolio of 787.5/1375 of utility-scale energy storage projects operating or in construction in the U.S., with a leading pipeline of over 11,000 MW in active development. 

The Role  

Jupiter seeks to grow its team with the recruitment of a highly motivated attorney to serve as Legal Counsel, reporting directly to the General Counsel. The ideal candidate will have experience in a broad range of legal disciplines, project development and operations, project finance and tax equity, trading activities and associated agreements and transactional work, preferably in the renewable energy, battery energy storage and/or power markets. The successful candidate will be able to work on a range of legal issues for the company, as well as business and strategy matters. 

 
Responsibilities 

• Negotiate, draft, and advise on commercial power contracts including complex offtake, power purchase agreements and hedging transactions (virtual and physical), energy management agreements, registration with commodity brokers, transactions under ISDAs, EEI and the related confirmations, tolling transactions, capacity purchase transactions, and supporting parent guarantees/credit support.  

• Advise on finance ability of commercial transactions. 

• Work with the origination, engineering, asset management, and market operations teams to understand the operation of battery energy storage systems for advising on applicable agreements. 

• Advise market operations on operational matters including the negotiation of qualified scheduling entity contracts and related matters. 

• Advising on the Company’s risk policy for planning, forecasting, procurement, trading, buying, selling, and scheduling of energy, ancillary services, and capacity products. 

• Advise on trading activities and draft associated agreements. 

• Provide legal support to Jupiter’s development, construction, finance, operations, corporate, compliance and trading teams as needed. 

• Draft, review and negotiate legal agreements spanning project, corporate, M&A and transactional areas. 

• Advise and work on other areas of legal matters as needed including garden variety agreements. 

• Hire and manage outside legal counsel and billings. 

Requirements

Jupiter seeks individuals eager to develop their core professional knowledge, learn new areas of the business and take on additional responsibilities within Jupiter’s dynamic team. Secondary responsibilities will be tailored to individual candidate backgrounds as well as company priorities. 

 
Preferred Skills, Knowledge and Abilities: 

• In-house experience preferred. 

• Experience with origination, offtake transaction and power trading activities required. 

• Comfortable with ambiguity and making business decisions with limited information. 

• Eagerness to wear multiple hats depending on business needs and project priorities. 

• High comfort level with small teams and organizations, with the curiosity and enthusiasm to innovate and formulate new ideas and to bring the best out of co-workers. 

• Must be able to take ownership and initiative in order to be to be effective within a highly motivated, fast-moving team and complete tasks in a timely manner. 

• Ability to work outside of normal business hours.  

• (Preferred) Familiarity with energy storage, renewable energy technologies and deployments, and generation, transmission and power markets. 

 

Required Education & Experience 

• Bachelors and JD required. 

• Must be licensed to practice law in the jurisdiction of applicable office location. 

• At least 5-10 years of legal experience required. 

 

Physical requirements and environment: 

This role is office-based with limited travel required.  Candidates will be required to sit or stand for extended periods of time and must be able to lift up to ten pounds repetitively. 

Candidates will be required to pass a pre-employment background investigation and may be subject to drug tests as a condition of employment.  The position is eligible to work a hybrid work schedule with mandatory three days in the office per week.