Intern, Portfolio Finance

Who We Are Looking For

Clearway Energy Group LLC’s Portfolio Finance team is seeking a summer intern, reporting to the Director of Portfolio Finance. The Portfolio Finance team is responsible for leading the funding and term conversion process with tax equity investors, cash equity investors, and lenders for Clearway’s utility-scale wind, solar, and battery energy storage projects. In addition, the Portfolio Finance team leads operating-period asset optimization transactions including refinancings, acquisitions of investor interests in our partnerships, and other asset restructurings. 

This hybrid position is part of the 10-week Summer Internship Program at Clearway beginning in June 2025 and is based out of Clearway’s San Diego (Del Mar) regional office.

We are looking for current juniors pursuing a bachelor’s degree in Finance, Business, Engineering, Math, Economics, Tax, Accounting, or a related field.

Throughout this summer internship program, you’ll get exposure to real projects and challenges while gaining first-hand professional experience. At Clearway, you’ll gain access to an innovative and fast-paced work environment. You’ll also participate in networking and learning events with your fellow intern cohort.

Program Timeline:

Applications Close: March 7

Interviews: March and April

Final Decision: Offers likely extended in April

Program Dates: June 2 – August 8

What You'll Be Doing

Financial Model Optimization

• Refine Microsoft Excel-based project finance “tracking models”, which are used to track equity investor returns, with new functionality that allows for streamlined updating of “actuals”, valuation of life to date and future cash flows, and implementation of “scenario analysis” tools.
• Modifications to cash distribution waterfall files, which allow Clearway to project distributions through the capital stack.

 Live Transaction Support

• The Portfolio Finance Intern will be a key member of a live “deal team” overseeing the upcoming funding process for one of Clearway’s utility-scale wind, solar or battery energy storage projects. The Portfolio Finance Intern will be tasked with creating and/or overseeing the transaction checklist of documentation deliverables required for funding, bringdown financial model updates checklist, and other processes that help the deal team prepare for funding.
• Coordinate with internal teams, including Construction, Development, Accounting and Legal, to advance certain deliverables required for funding.
• Support presentations and reports on transaction status, risks, and benefits to the Leadership Team.

 The Portfolio Finance Intern will be assigned to an individual project and will present results of the project to leadership at the end of the summer.

What You'll Bring

• Advanced Microsoft Excel skills and understanding of key financial concepts such as discounted cash flow analysis, time value of money, internal rate of return, and net present value. 
• Ability to work well in a collaborative environment that emphasizes attention to detail, meeting deadlines, and working together to achieve company-wide and deal-specific objectives.
• Intellectual curiosity and an interest in renewable energy.
• Strong interpersonal skills. You’re willing to ask questions, listen to your colleagues, and contribute your ideas.
• Self-motivated, dependable, and accountable. This means showing up, being present, and being eager to dive into the workday. If you ever feel like you’ve completed all your tasks and have time to spare, you’re eager to speak up and ask what else you can do.
• Ability to work independently, multitask, and take ownership of projects and assignments.

What Would Be Nice

• Project Finance modeling experience (i.e., discounted cash-flow analysis with multiple investors). 
• Experience working in the power or infrastructure industry (or demonstrated strong interest).
• Background with VBA and an interest in sharpening those skills through working on real-world projects. 

Clearway will not sponsor nonimmigrant visas for this position (H-1B, TN, E-3, J-1, etc.) or provide any assistance in support of any other form of immigration sponsorship or benefit including OPT or CPT.

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.