We've recently launched a search for our next employee, which is an exciting stage in the development of our company. If you’re interested in learning more about us please take a look at this latest blog where we set out some of the reasons why we think Tierra is a unique opportunity for anyone interested in helping the energy transition. If you’re interested, please contact CK Financial (www.ckfinancialmarkets.com/) who are running our recruitment process. We look forward to talking to you!
What makes Tierra a unique proposition?
Tierra focuses on providing credit cover for project financing loans originated by our clients, who are typically global top tier PF banks. We review approximately 400 deals per year and provide cover for around 20-30 projects. Tierra has an environmental focus and only supports projects that we believe will truly benefit the energy transition (aligned with the Paris Agreement ambitions).
With a global remit, the variety of projects we review is enormous and keeps the job highly interesting. We carefully review all aspects of transactions, looking at all the usual PF credit risk factors, alongside a review of a project’s environmental benefits, to ensure deals fit our mission and company ethos.
Within the credit risk insurance market we are unique in combining a value driven purpose, with a rational risk approach, combining best practises from both insurance and banking. We're rapidly becoming the green credit insurance market leader.
We use state of the art processes and underwriting tools, combined with our deep knowledge of project finance and credit risk, based on our close to 50 years of combined experience. This allows us to be efficient, assessing whether deals fit our appetite typically within days of receiving new requests. Less time spent on admin means more time with clients and deals.
As the energy transition is speeding up, we are continuously adding new sectors to our portfolio. To date, we have covered over 50 transactions globally across onshore wind, offshore wind, ground and rooftop solar, EV, BESS, battery manufacturing and green steel.
Our strategy is underpinned by a focus on service, efficiency and expertise which is increasingly recognised by our clients. As a result, Tierra will soon reach some key milestones; a portfolio in excess of USD 1 billion this year and a sustainable and profitable business during 2025, only 3.5 years after launch.
Tierra is a company based primarily on remote working and we encourage a flexible work life balance. We aim to get together at least once or twice a week in London, to meet clients and brokers and to catch up, but mostly we work from home. We are however in constant contact via Teams so everyone can feel supported, and we encourage a very collaborative approach to decision making, where all opinions count.
With more finance flowing into the energy transition our workload is picking up. To keep up with the flow of new deals and to help out in running the day to day business we are looking to expand the team.
We need someone who loves the detail of project financing, is passionate about the environment and who wants to focus their energies on helping a startup company do its bit to support the energy transition, and ultimately turn Tierra into a long lasting impact player.
July 2024
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