In-House Counsel - Renewable Energy

Join Ferrovial: Where Innovation Meets Opportunity

Are you ready to elevate your career with a global leader in infrastructure solving complex problems and generating a positive outcome on people's lives? At Ferrovial, we are not just a company; we are a community of innovators and trailblazers. Ferrovial is also leading the development of the New Terminal One at JFK International Airport.

Ferrovial shares trade under the ticker symbol FER on two stock markets: Nasdaq in the U.S. (Nasdaq100 Index) and the Spanish Stock Exchanges (IBEX 35). Ferrovial is included in globally recognized sustainability indices such as the Dow Jones Best-in-Class Index. We operate in more than 15 countries and have a workforce of over 22,000 professionals worldwide.

Ferrovial's activity is carried out through our business units, including Highways, Airports, Construction, and Energy.

The Energy business unit is created with the objective of promoting the transition to a more sustainable and clean economy. We are present in Ferrovial core markets, and our focus is to provide innovative solutions for the development, construction and operation of renewable energy generation, storage and transmission infrastructures. We also offer energy efficiency solutions for both, public and private clients.

Why Ferrovial?

• Global presence, local impact: Be part of a company that is shaping the future of infrastructure worldwide, with challenging roles and projects that make a real difference.
• Collaborative excellence: Work alongside talented professionals in a collaborative environment where your ideas and contributions are valued.
• Inclusive Culture: Thrive in an innovative and respectful workplace that values every voice, celebrates what makes us unique and turns differences into innovation.
• Career growth: Benefit from global and cross-business unit mobility, with development processes designed to ensure your professional growth.
• Compelling benefits and employee wellbeing: Enjoy a comprehensive benefits package that rewards your hard work and dedication and take advantage of initiatives designed to support your physical and psychological health.
• Productivity tools: Utilize cutting-edge tools like Microsoft Copilot to enhance your productivity and efficiency.

About The Role

For our Energy business unit, we are looking for an In-House Counsel to join Ferrovial Energy's Legal Department, reporting to the Head of Legal U.S. This role will provide comprehensive legal support for the development, construction, financing, operation, and maintenance of utility-scale renewable energy projects in the U.S., with a particular focus on project finance and tax credit monetization transactions.

The position will be based in Austin, Texas.

The ideal candidate will have significant experience representing sponsors, lenders, tax equity investors, tax credit purchasers, or developers in renewable energy project finance, tax equity, and tax credit transfer transactions, with particular emphasis on utility-scale solar, battery storage, and other energy transition assets in the U.S. market.

Key Responsibilities

• Provide legal support for the structuring, negotiation, execution, and management of renewable energy project financings.
• Draft and negotiate project financing documents, including credit agreements for construction-to-term loans, tax equity and tax credit transfer bridge loans, letter of credit facilities, and security documents (e.g., security agreements, pledge agreements, account control agreements, direct agreements, etc.).
• Participate in tax credit monetization structures, including Equity Capital Contribution Agreements, LLC Agreements, and Purchase and Sale Agreements for traditional tax equity partnership flip structures, as well as Tax Credit Transfer Agreements and related sponsor indemnities.
• Maintain familiarity with federal income tax rules and IRS guidance applicable to renewable energy tax credits, including FEOC/PFE rules, domestic content requirements, prevailing wage and apprenticeship requirements, and beginning of construction requirements.
• Support legal due diligence and transaction execution for project financings, tax equity investments, tax credit transfer transactions, and portfolio divestitures involving financed renewable energy assets.
• Provide legal support for post-closing financing matters, including consent requests, amendments, waivers, compliance obligations, reporting requirements, and ongoing lender and tax credit investor relations.
• Ensure compliance with applicable laws, financing documentation, tax incentive requirements and Ferrovial's internal policies.
• Collaborate with internal tax, finance, accounting, and development teams.
• Manage relationship with external legal advisers.

Qualifications

Education and required experience

• Juris Doctorate.
• Member in good standing of a US State Bar.
• Minimum 5+ years of experience in U.S. renewable energy project finance, gained at a top tier law firm and/or legal department of a renewable energy developer, independent power producer, financial institution, or infrastructure investor.

The ideal candidate will also be familiar with

• Project development contracts, including Power Purchase Agreements, EPC Agreements, O&M Agreements, Asset Management Agreement, and Major Equipment Supply Contracts.
• Real estate matters in connection with the development of greenfield projects.
• Permitting, interconnection, trade law, and energy regulatory matters.

Professional Qualities

• Effectively manage tasks and deadlines independently.
• Ability to interact with colleagues in a team.
• Excellent interpersonal written and verbal communication, decision-making, project management and negotiating skills.
• Computer proficiency in Word, Outlook, Excel, and Power Point.

Additional information

Seize the challenge. Move the world together! Innovative, creative, respectful, and diverse are some of the ways we describe ourselves. We are motivated by challenges, and we collaborate across our business units to move the world together. Your journey to a fulfilling career starts here!

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