How to apply for Senior Principal, Debt Capital Markets

About Crux Climate

Crux is a capital platform for the clean economy, modernizing capital raising and deployment for clean energy and critical infrastructure. It offers advisory, investments, technology, and intelligence solutions. The company has raised $77 million from investors including Andreessen Horowitz, Lowercarbon Capital, and strategic partners like Pattern Energy and Orsted. Working here means joining a team of 120+ experts in energy, tax, finance, government, and technology at an inflection point in American energy.

About the role

As Senior Principal in Debt Capital Markets, you will lead debt capital markets activities, likely structuring and executing debt financings for clean energy projects. You will work at the intersection of sustainable finance and tax credit transactions, helping accelerate clean energy projects. This role is key to scaling Crux's capital solutions and supporting the growing demand for clean energy infrastructure.

A typical day

A typical day might involve structuring debt financing for a clean energy project, coordinating with internal teams and external partners. You could be on calls with lenders, reviewing term sheets, or analyzing tax credit transfer opportunities. You would also collaborate with colleagues across advisory, investments, and technology to deliver integrated solutions.

Who Crux Climate is looking for

• Extensive experience in debt capital markets, project finance, or structured finance, preferably in renewable energy or infrastructure.
• Deep knowledge of tax equity and tax credit transfer transactions, including structuring and execution.
• Strong network of relationships with lenders, investors, and other capital providers in the clean energy space.
• Ability to work remotely and collaborate effectively with a distributed team of experts across energy, finance, and technology.

Tips for this application

• Highlight specific deals you have closed in debt capital markets, especially in clean energy or infrastructure, with details on size, structure, and your role.
• Demonstrate familiarity with tax credit transactions and how they fit into project financing; Crux focuses on streamlining these.
• Research Crux's recent partnerships and investments (e.g., with Pattern Energy, Clearway) and mention how your experience aligns with their strategic direction.
• Emphasize your ability to work in a fast-paced, scaling environment; Crux is growing quickly and values adaptability.
• Connect your experience to Crux's mission of modernizing capital deployment for clean energy; show you understand the urgency and scale of the energy transition.

What to cover in your cover letter

['Your track record in debt capital markets, including specific transactions and their impact on clean energy projects.', 'Your expertise in tax credit transactions and how you can help Crux streamline these for clients.', "Your understanding of Crux's platform and how your network and skills can contribute to scaling their capital solutions.", 'Your motivation to work at the intersection of finance, energy, and technology to accelerate the clean energy transition.']

Research before applying

• Study Crux's product offerings: advisory, investments, technology, and intelligence. Understand how they interconnect to serve clean energy projects.
• Review recent news about Crux, including funding rounds and partnerships, to understand their growth trajectory and strategic priorities.
• Research the tax credit transfer market and recent policy changes (e.g., Inflation Reduction Act) that impact clean energy financing.
• Look into the backgrounds of Crux's leadership team and investors to understand their expertise and focus areas.

Likely interview topics

Based on the job description, expect questions about:

• Walk us through a complex debt financing you led in the renewable energy sector. What was your approach and what was the outcome?
• How do you assess risk in tax credit transactions, and what strategies do you use to mitigate them?
• Crux works with a range of investors and strategic partners. How would you approach building and maintaining relationships with lenders and investors?
• Describe a time you had to navigate a challenging regulatory or market environment in project finance. How did you adapt?
• Why do you want to work at Crux specifically, and how do you see the role evolving as the company scales?

Common mistakes to avoid

• Being vague about your deal experience; avoid general statements without concrete examples of transactions you have executed.
• Showing lack of knowledge about Crux's specific approach to sustainable finance and tax credit transactions.
• Failing to demonstrate familiarity with the clean energy sector and its unique financing challenges.