Note: The job is a remote job and is open to candidates in USA. Fervo Energy is building cost-effective geothermal power plants and is seeking an Associate, Capital Portfolio Management to support the management of their capital facilities. This role involves collaboration with various teams to ensure efficient administration and compliance of capital facilities while optimizing financing structures for long-term value creation.
Responsibilities
- Support the ongoing management of Fervo's private capital facilities across project and corporate levels, including project finance debt, project-level equity and joint venture structures, tax equity, and corporate debt facilities
- Help establish and maintain disciplined portfolio management practices, including tracking capital structures, maintaining compliance calendars, and organizing governing documentation across the full asset lifecycle
- Support the management of project finance debt facilities throughout construction and operations, including preparation and processing of construction loan draws, tracking borrowing base mechanics and conditions precedent, preparing lender notices, and monitoring compliance reporting and covenant obligations
- Assist in preparing materials for lender consents, waivers, and amendments, and support day-to-day relationship management with lenders and agents following financial close, including helping manage the transition from construction to operations
- Support post-close relationship management for project-level equity, tax equity, and joint venture partners throughout construction and operations
- Assist in managing information rights, approval workflows, reporting obligations, and issue tracking, and help prepare analyses and materials to support project-level decisions and ensure structures are administered in accordance with governing agreements
- Support the administration and compliance of corporate debt and other private capital facilities, including facilitating Letter of Credit postings and surety tracking, and working closely with Treasury on liquidity management, forecasting, and covenant compliance
- Assist in preparing materials for lender and investor communications and ensure consistency between financing obligations and internal financial planning
- Serve as an execution-level point of coordination across Legal, Engineering, Accounting, Development / Asset Management, Treasury, and other functions to support effective governance and reporting across the capital portfolio
- Serve as a foundational member of the Capital Portfolio Management team and promote successful implementation of a robust platform for administering multiple capital facilities
- Adopt and apply technological advancements to continuously improve platform functionality and workstreams
Skills
- Bachelor's degree in finance, accounting, engineering, or a related field
- 2–4 years of experience in project finance, infrastructure finance, energy investing, asset management, structured finance, or similar complex capital facilities
- Experience monitoring or managing complex capital facilities, with a preference for project finance debt during construction, including loan draws, conditions precedent, lender notices, and compliance tracking
- Strong organizational skills with the ability to manage multiple workstreams, track detailed obligations, and maintain high-quality documentation across a complex capital portfolio
- Ability to work effectively with external lenders, equity partners, and advisors while coordinating across internal technical and commercial teams
- Excellent written and verbal communication skills, with comfort operating in highly technical, multi-stakeholder environments
- Ability to adopt the latest technologies and implement them to improve workstreams
- Experience with tax equity, joint venture, or project-level equity structures and their governing agreements
- Familiarity with corporate debt facilities, Letters of Credit, or surety programs and related covenant compliance
- Experience in energy, renewable power, infrastructure, or other capital-intensive, multi-entity environments
- Exposure to building or improving portfolio management platforms, tools, or reporting automation
Benefits
- This position is eligible for hybrid work from Houston or Golden; remote work or other office locations may be considered for qualified candidates, with in-person engagement as needed.
- Some travel will be required.
Company Overview