Location New York
Job-type Permanent
Salary $Remunerated
Reference BBBH9520_1587648187

US Solar Fund plc listed on the premium segment of the London Stock Exchange in April 2019, following its successful US$200m IPO. The Company's investment objective is to provide investors with attractive and sustainable dividends with an element of capital growth by investing in a diversified portfolio of solar power assets in North America and other OECD countries in the Americas.

The Company will acquire or construct, own and operate solar power assets that are expected to have an asset life of at least 30 years and generate stable and uncorrelated cashflows by selling electricity to creditworthy offtakers under long- term power purchase agreements (or PPAs).



  • Board duties in regard to potential fundraising in 2020 including revised prospectus and ongoing approvals of company announcements

  • Working closely with the IM, setting strategic direction for the company, taking into account external factors affecting the company and its business environment than the executive

  • Monitoring the performance of the Investment Manager and other key service providers, especially with regard to the progress made towards achieving the determined company strategy and objectives, delivery of contractual obligations, ensuring value for money and appropriate incentive

  • Representing the company externally, including with shareholders, as required. Leveraging external networks for the benefit of the

  • Ensuring the integrity of financial information and that financial controls and systems of risk management are robust and defensible.

  • Ensuring that the company accounts properly to its shareholders by presenting a true and fair reflection of its actions and financial performance and that the necessary internal control systems are put into place and monitored regularly and

  • Regular meetings plus ad hoc calls and meetings as required:

    • Quarterly Board

    • Three times yearly Audit Committee

    • 1-2 times annually Remuneration & Nominations and Management Engagement Committee

  • Member of Audit Committee, Remuneration and Nomination Committee and Management Engagement Committe

Role requirements:

  • Experience of renewable infrastructure project finance

  • Understanding of the ITC regulations and financing structures in the US

  • Knowledge of the US renewables market

  • Collegiate, open approach to working with Board and Investment Manager colleagues. Able to balance constructive challenge and finding pragmatic solutions.

  • Non-executive director experience ideal but not essential

  • Experience of an Investment Company or similar is helpful but not essential

  • Sufficient time to commit to the role

  • Independent of the Investment Manager and Evans Dixon

  • Location:

    • US-based preferred; the Investment Manager office is on the East Coast. Able to travel for UK Board meetings 1-2 times a year

    • UK considered for the right candidate

    • Flexibility required to accommodate time zones (UK, Australia, US)

About the Investment Manager:

USF is managed by New Energy Solar Manager (NESM). NESM also manages New Energy Solar, an Australian Securities Exchange (ASX)-listed fund which has committed over US$1bn to US and Australian solar plants since late 2015. https://www.newenergysolar.com.au

NESM is owned by Walsh & Company, the funds management division of Evans Dixon, an ASX-listed company (ASX: ED1) with over A$20 billion of funds under advice and management.