Director

PACENow is a non-­profit focused globally on accelerating energy efficiency upgrades to buildings using Property Assessed Clean Energy (PACE). We seek an experienced and motivated individual who will play a significant role developing the growing market for PACE, an innovative financing method that supports community based efforts to spur energy efficiency. PACE has broad support among Republican and Democrat leadership given its unique ability to create permanent domestic jobs, improve our nation’s energy security, reduce fuel bills for businesses and homeowners -­‐ and it achieves all of this without cost to taxpayers.

PACENow was founded to be the central driver of the development of the PACE industry, with a major focus on being a repository for critical information to start programs, develop standards, organize webinars and conferences to educate potential market participants, and work with the financial service industry to develop best practices to help the asset class reach scale. Its efforts are supported by foundation grants and funding from other stakeholders. A Board of Advisors provides broad expertise in government, energy policy, real estate, and financial markets, and includes:

• Cisco DeVries, President, Renewable Funding LLC
• Beau Engman, Vice President, Commercial Energy Solutions Johnson Controls, Inc.
• David Gabrielson, Executive Director of PACENow, and former municipal finance investment banker
• Ashok Gupta, Director of Energy Policy and Senior Energy Economist at the Natural Resource Defense Council
• Angela Sung Pinsky, Senior Vice President, Management Services and Government Affairs, The Real Estate Board of New York
• Jigar Shah, the founder of SunEdison and CEO of Richard Branson’s Carbon War Room
• Jeffrey Tannenbaum, the founder of PACENow and Fir Tree Partners, a private investment firm

Essential Functions

David Gabrielson has served as PACENow’s Executive Director since November, 2010. The individual selected will report to and work closely with the ED and Board to further PACENow’s mission, focusing mostly on the commercial and industrial building sector. The position affords a rare opportunity to be involved at an early stage in a growing organization that serves an extremely dynamic and diverse group of stakeholders. PACE commercial programs are launching now in San Francisco, Los Angeles, Washington D.C., and programs are in varying stages of development in literally scores of other communities nationwide (and globally). The Director will help provide industry leadership in the following ways:

• Broaden outreach to key PACE stakeholders and promote development and dissemination of standards and protocols to facilitate more rapid implementation of commercial PACE programs
• Work with investment bankers, lawyers, and other finance professionals to develop and implement scalable vehicles to aggregate and securitize individual PACE assessments and thereby create a new PACE fixed income asset class
•  Assist efforts to find solutions to regulatory problems that have stymied residential PACE programs. Work with large property owners, ESCOs, PACE program administrators and mortgage lenders to promote wide-­‐scale recognition and acceptance of PACE financing
• Coordinate the various PACE industry stakeholders to ensure that the industry is properly represented at the Federal and State levels
• Ensure that PACENow provides states and municipalities with the proper tools to both pass PACE enabling legislation and implement and oversee successful PACE programs

Skills and Knowledge Requirements

The ideal candidate will have the personal and professional skills to advance PACENow’s objectives, including:

• Minimum ten years of financial sector or legal experience; ideally this would include relevant experience in more than one of the following areas: developing a rapid growing asset class, securitization, real estate and/or municipal finance
• Successful experience in strategic thinking, interacting with senior level officials and driving implementation of collaborative projects
• Superior communication skills, including the ability to engage effectively with a broad range of stakeholders such as government officials, private sector actors, nongovernmental organizations, and funding organizations
• Familiarity with energy & climate policy
• Development skills a plus

Additional staff may be added as funding allows. PACENow is committed to developing a strong and diverse group of professionals.

Applicaton

To apply, please email cover letter, resume and salary requirements to: David.PACENow@gmail.com. For additional information, see: www.PACENow.org.