The Firm

IREN is a leading next-generation data center business powering the future with 100% renewable energy. The company is at the forefront of sustainable solutions for the ever-evolving applications of high-performance compute including generative AI and Bitcoin mining. IREN has grown substantially since 2019, from its inception in Australia to now having several facilities across North America and being listed on NASDAQ. 

The Role

• Identification of business growth and project opportunities and conducting feasibility analysis for the technical, commercial, and regulatory aspects of those opportunities
• Evaluate different power markets with respect to power prices and grid connection opportunities
• Manage the due diligence and commercial negotiations for new business development opportunities and M&A activities
• Financial evaluation of strategic growth initiatives through ground-up analysis, to assist the Executive Leadership Team in understanding key strategic opportunities and operating and financial metrics
• Coordinate with internal and external technical, financial, and legal teams and other stakeholders to implement and accelerate all project related work leading to investment decisions
• Manage the commercial negotiations and development activities for identified projects, with a focus on securing land, permitting and connection activities
• Oversee relationships with project stakeholders during the development phase, including landowners, transmission service operators, and local councils
• Procure and negotiate power supply contracts for projects
• Assist with the development of construction/equipment supply tenders and associated commercial discussions
• Perform financial analysis, budgeting, forecasting and reporting, including analysis and production of regular business development and financial reports for the board/senior management
• Prepare research pieces, presentations and analysis on key issues facing the business
• Assist the business in analysing commercial metrics on various transactions, across bitcoin mining, electricity supply contracts, potential future renewable energy asset acquisition and development projects, and M&A opportunities
• Input, as required, into relevant documents including investor presentations, monthly and quarterly reports, and website content
• Input, as required, into the company’s Annual Report and related filings
• Manage a team of personnel to achieve the above activities

Key Attributes

• Can work independently but also contribute effectively within a team-based framework
• Must be a finisher – “hands on doer”
• Ability to plan and execute to a timeline
• Meticulous when it comes to the detail
• Accuracy is a fundamental character
• Ability to think critically and commercially
• Excellent written and verbal communication skills
• Ability to communicate professionally and personally at all levels
• Mix of technical/commercial skills applied with a wide range of stakeholders and counterparties

Ideal Work History

• 12-15 years’ experience in corporate finance or banking including exposure to
  • Infrastructure valuations, infrastructure advisory, deals modelling
  • Investment banking, infrastructure funds management
  • M&A
• Preference for power and renewables experience (e.g., familiarity with electricity markets, relevant regulations, grid considerations, negotiating power purchase/supply agreements etc.) but not essential