Counsel, Real Estate and Project Development
Company: Madison Energy Investments
Posted on: January 16, 2022
Madison Energy Investments ("MEI") believes the future of energy
is distributed. In order to realize this future in the required
timetable, institutional capital needs to have access to stable,
long-term clean energy assets. Our goal is to provide a platform
that unlocks the clean energy asset class to institutional
investors and enables our outstanding network of partners to do
what they do best. Madison Energy Investments was founded in 2019
and has offices in New York City and Northern Virginia.
MEI offers a start-up atmosphere that is well-capitalized and
backed by a leading infrastructure fund. MEI was founded by
industry experts with experience deploying over $1B into
distributed generation assets totaling more than 300 MW across 20+
state markets. -In less than 3 years, the team at MEI has invested
in projects across 18 state markets and has deployed over $500M of
capital. This rapid deployment of capital and fast-paced
environment calls for a full-time Counsel working on real estate
transactions and project development and financing.
The ideal candidate will play a crucial role at MEI coordinating
and managing the company's real estate transactions related to the
development, financing, construction and operation of C&I and
utility-scale renewable energy projects. -The individual will have
a key role in acquiring projects, financing projects and obtaining
all required title policies and site control documentation and will
occupy a multi-faceted role, providing leadership for projects at
all phases of the development life cycle. The individual will be
detailed oriented and responsible for the management, tracking, and
documentation of all real estate items and documents related to
MEI's solar projects and financing transactions. This role will
work directly with MEI, its partners, developers, outside counsel,
lenders, investors, title companies, and regulatory bodies. This
role will involve drafting real property related documentation
(including leases, easements, licenses, memorandums, amendments,
affidavits and other title related documents), managing redlines
and keeping track of changes in real property-related
documentation, managing the title process with MEI's title
specialist and title companies, and providing diligence support for
projects during the acquisition-stage and beyond in order to meet
debt and tax equity requirements. -Additional support will be
provided to maintain project data rooms related to real property
for maximum efficiency among various internal teams. -This role
will work with finance, asset management and diligence teams,
directly manage a land and title specialist and will report to the
Office of the General Counsel.
Our ideal candidate is an action-oriented, hard-working team player
who can jump in and support projects from a variety of angles. This
position requires excellent communication and writing skills as
well as the ability to balance priorities and shift needs on the
go. A passion for renewable energy is a must.
Summary of activities:
--- Prepare real estate contracts required in conjunction with the
development, construction, and operation of renewable energy
projects, including the drafting and negotiating and reviewing of
leases, easements, licenses and other site control documentation
and provisions for all projects.
--- Participate in diligence of necessary documentation for
acquisition of -new solar projects with a specific focus onsite
control documentation, title searches, title commitments and
proformas, and ALTA surveys and manage the process for remedying
issues with the project seller and supervising title curative work
required to obtain title policies in preparation for project
--- Lead real estate efforts related to project finance including
responding to real estate due diligence requests from lenders,
investors and other financing partners and review title
commitments, title proformas, ALTA surveys and supervise title
curative work required to obtain title policies in preparation for
--- Review key real property documentation and fix discrepancies
and issues prior to (and post) closing on project acquisition.
--- Draft and negotiate leases, easements, licenses and other site
control documentation and provisions for all projects and interact
with landowners and landowner attorneys in a manner that projects a
positive image of the company.
--- Work directly with, and manage the process with, development
partners, title companies, surveyors, opposing counsel and other
third-parties involved in the real property and title in order to
finalize all real property and title documentation to obtain all
relevant title policies and ensure that site control has been
properly documented for each project.
--- Ensure compliance and adherence to all third-party financing,
surveyor and title company requirements (tax equity and debt)
around real property and title documentation for all projects (roof
mounts, carports, ground mounts, floating, etc.).
Summary of documentation:
--- Power Purchase Agreements, Subscriber Agreements and Energy
--- EPC Agreements
--- Utility Interconnection Agreements and Easements
--- Land & Site Leases (including easements, licenses, etc.)
--- Recorded Memorandums of Leases, Easements, Licenses, etc.
--- Title Abstracts, Title Commitments, Pro Formas
--- ALTA Surveys and EPC Site Plans
--- LLC/Corporate Formation Documents
--- Assignments & Estoppels
--- Corporate and Board Resolutions
--- Tax Equity Partnership Documents
--- Debt Finance Documents and Loan Agreement Ancillaries (i.e.
Required Experience and Qualifications:
--- Juris Doctor degree from an ABA accredited law school.
--- 3+ years of experience at a top law firm or in-house at a
company, working on real estate transactions in the solar and
renewables industry and managing title processes.
--- Strong grasp of real estate contract terms and conditions, and
ability to understand and interpret complex legal documents.
--- Familiarity with lease negotiations and experience reviewing
vesting deeds, entity documents and trust agreements.
--- Familiarity with tax credit equity and lender expectations
related to real estate documents, title policies and ALTA
--- Excellent leadership, communication, organizational, and
--- Ability to work collaboratively with teammates across
--- Ability to perform with a high degree of flexibility and
resourcefulness and work independently.
--- Strong attention to detail, organizational and record keeping
--- Demonstrated knowledge of general business and industry
practices, processes and familiarity with federal and local real
estate las and practices.
--- Ability to project a positive image of the company and
cultivate and maintain positive relationships.
Those interested in the position should send their resume/CV and
detailed cover letter to firstname.lastname@example.org.
Madison Energy Investments is an equal opportunity employer. All
applicants will be considered for employment without attention to
race, color, religion, sex, sexual orientation, gender identity,
national origin, veteran or disability status.
Keywords: Madison Energy Investments, Washington DC , Counsel, Real Estate and Project Development, Legal , Fairfax, DC
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