Role: Vice President of Finance
Industry: Renewables
Client: Retail electricity provider
 
CHALLENGE
Our client, a fast-growing retail electricity provider and subsidiary of a leading global clean energy company was seeking a finance professional to develop and lead project financing for the company’s project development portfolio and to secure capital to expand product development and manufacturing. They were looking for someone with extensive international and domestic project finance experience with big-ticket, technology infrastructure projects ideally in the energy domain. They had established aggressive goals so needed a strong, hands-on leader to execute.

Our client was unable to identify a candidate pool with the critical mix of structured finance background, specific domain expertise, and entrepreneurial DNA who could come on board and quickly come to up speed to execute on the financing of large-scale and distributed projects internationally. The search was open for six months before we were contacted.
 
ILM & PARTNERS APPROACH
ILM & Partners determined the critical responsibilities and necessary experience for the role and advised our client on target candidate pools from analogous and adjacent industries who shared similar functional area expertise where similar tax rules and depreciation applied. Because of the nature of their business, our client needed an individual with exposure to tax-driven financing as this is an important element of the mix in the heavily-subsidized renewable sector.

ILM & PARTNERS RESULTS
The successful candidate was identified and hired within 70 days of search launch. Our client landed a senior executive from an international firm known for its big-ticket deals, with extensive experience developing and implementing leading edge structured finance initiatives.

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