Analyst, Capital Markets

What The Role Is

Clearway is looking for an Analyst to join its Capital Markets team in a unique role that intersects project finance, valuation, analysis, process improvement, and data systems in the Battery Storage, Utility Solar, and Utility Wind space.

This position will report to a senior Capital Markets team member and is primarily responsible for supporting non-recourse construction debt, term debt, tax equity, and cash equity (project sale) transactions for renewable energy projects in the US. This person will also collaborate with team members in various departments such as development construction, legal, risk & corporate finance to balance value optimization with transaction risks and business objectives.

If you don’t meet 100% of the above qualifications but see yourself contributing, please submit your resume.

What You'll Be Doing

• Refine a set of reusable Excel-based project financing model templates that serves our project origination, development, construction, financing, and asset management business.
• Maintain rigorous standardization and consistency in the project financing models (derived from the above template) applied to the many projects in our pipeline.
• Develop and improve the data automation connecting the project financing models and financial data systems that enable efficient use of the model at scale (e.g. for many projects)
• Implement the terms of the tax equity, construction debt, term debt, cash equity, etc. financing in the project financing model templates.
• Communicate to internal stakeholders our underwriting standards and implement those standards in the project financing model templates.
• Support the structuring negotiation and closing of tax equity, construction debt, term debt, and cash equity financings.
• Help architect and implement the analytical and data infrastructure that enables structured project financing analysis to be leveraged across the organization in project financings, internal tracking/reporting, external tracking/reporting, budgeting, etc.
• Develop and maintain relationships with existing and potential capital providers to continually improve the velocity and cost of capital.
• Support running financing processes to find and secure sources of capital that are the best fit for the company’s goals.
• Actively participate as a junior member of a deal team responsible for due diligence, modeling, documentation, negotiation, closing, and funding transactions to established timelines.
• Serve as a reliable representative of the project finance team on internal project teams and in internal discussions.
• Support presentations and reports on transaction status, risks, and benefits to the Vice President of Project Finance and Management.
• Support providing the development team with advice on anticipated terms of financings and assist in the development, pricing, and origination of new renewable energy acquisitions and development projects.

What You'll Bring

• Bachelor's Degree in Engineering, Math, or Science with business or finance experience, OR Finance, Business, or Economics degree with coding or data analytics experience.
• Minimum of 1 year of work experience in energy project finance, with preference for U.S. renewable energy project finance
• Energy or infrastructure industry experience
• A positive attitude, highly motivated, and the ability to maintain a culture that is based on teamwork, respect, and integrity.
• Excellent written and verbal communication skills and an ability to communicate complex issues in a clear, concise manner.
• Diligent, detailed oriented, rigorous, and creative.
• Advanced Excel skills.
• Project Finance modeling (i.e. discounted cash flow with multiple parties) experience.
• Experience creating reusable Excel templates, instead of single use/purpose spreadsheets.
• Understanding of data tables and databases.
• Ability to work well in a collaborative environment that emphasizes attention to detail, meeting deadlines, and working together to achieve company-wide objectives.
• Ability to handle numerous activities and set priorities.
• Ability to coordinate and work as a team as well as contribute individually.
• Experience collaborating with internal deal teams as well as external consultants and lawyers to meet deadlines.
• Excellent communication skills, both written and oral, including the ability to convey ideas and positions clearly.
• Background with VBA, Python, etc., and an interest in becoming an expert through working on real-world projects.

Clearway will not sponsor nonimmigrant visas for this position (H-1B, TN, E-3, etc.).

#LIHybrid

Clearway Energy Group is leading the transition to a world powered by clean energy. Along with our public affiliate Clearway Energy, Inc., our portfolio comprises approximately 11.6 GW of gross generating capacity in 26 states, including 9.1 GW of wind, solar, and battery energy storage assets, and over 2.5 GW of conventional dispatchable power generation providing critical grid reliability services. As we develop a nationwide pipeline of new energy projects for the future, Clearway’s operating fleet generates enough reliable electricity to power more than 3 million homes today. Clearway Energy Group is headquartered in San Francisco with offices in Denver, Houston, Phoenix, Princeton, and San Diego. For more information, visit clearwayenergygroup.com.

Our Commitment to Diversity, Equity, & Inclusion
At Clearway, we create a community that isn’t about being the same – it’s about building a team of unique individuals, with different backgrounds & skill sets, coming together to build something big & make a difference in the world. Clearway’s team is dedicated to a clean energy future across a wide spectrum of roles & responsibilities. Embodying our company values and operating principles, unique individuals come together over a common mission. We embrace opportunities to do challenging work that can change the world. We aspire to bring out the best in everyone. We share setbacks, celebrate successes, & act with integrity & accountability to get the job done.

Working at Clearway, Hybrid Together
Here at Clearway, we’re committed to balancing flexibility while fostering strong relationships with our teammates. We do this by prioritizing new hires based near one of our offices in San Francisco, San Diego, Scottsdale, Houston, Denver, & Princeton. Our office-based employees typically work together from fabulous spaces on Tuesdays & Thursdays to collaborate & learn, build community, get to know one another, & enjoy company-provided meals & events.

Clearway Energy is an equal opportunity employer that values a broad diversity of talent, knowledge, experience & expertise. We intentionally foster a culture of inclusion that empowers our employees to deliver superior performance to the communities we serve. We encourage minorities, women, individuals with disabilities & protected veterans to join the team. Clearway is a proud promoter of employment opportunities to our Military & Veterans.

What We Provide
Clearway offers all eligible employees working 20+ hours per week a comprehensive menu of benefits: generous PTO, medical, dental & vision care, HSAs with company contributions, health FSAs, dependent daycare FSAs, commuter benefits, relocation, & a 401(k) plan with employer match, a variety of life & accident insurances, fertility programs, adoption assistance, generous parental leave, tuition reimbursement, & benefits for employees in same-sex marriages, civil unions & domestic partnerships. For more on Clearway benefits, visit our Benefits Website.

Notice to Applicants
Clearway Energy is strongly committed to a philosophy of equal opportunity and fully complies with equal employment laws, ordinances and regulations for all applicants and employees. We will make reasonable accommodations to enable individuals with disabilities to apply and compete for employment opportunities for which they are qualified. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to recruiting@clearwayenergy.com and let us know the nature of your request and your contact information.

Notice to California Applicants
Clearway Energy is strongly committed to a philosophy of equal opportunity and fully complies with equal employment laws, ordinances and regulations for all applicants and employees.