Analyst/Senior Analyst, Portfolio Finance

What The Role Is

Clearway’s Portfolio Finance team is a key contributor on both the development and operating sides of the business, covering both transactions during the construction and operations phases. The Portfolio Finance [Senior] Analyst will be responsible for supporting the investor funding process for Clearway’s utility-scale wind, solar, and battery energy storage projects. In addition, the Portfolio Finance [Senior] Analyst will be highly involved in certain asset optimization transactions including, but not limited to, refinancings, acquisitions of investor interests, “as is” valuations, and other forms of restructurings.

This position is located in San Diego (Del Mar), CA.

Clearway is open to candidates at either the Analyst or Senior Analyst level, subject to experience.

Pay Range by Job Level and geographic location.

• Analyst ($80,000 - $110,000) (<2 years experience)
• Senior Analyst ($110,000 - $118,000) (>2-4 years experience)

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

What You'll Be Doing

• Supporting (i) the funding process with tax equity investors, cash equity investors, and lenders for Clearway’s wind, solar, and battery energy storage projects under construction, and (ii) the identification and execution of valuation maximization opportunities for Clearway’s fleet of operating assets, which includes refinancing, tax/cash equity buyouts, repowering analysis, letter of credit facilities, and other ad-hoc restructurings.
• Supporting the transaction lead on the internal deal funding checklist and a subset of certain “conditions precedent” for funding; responsibilities may include (i) implementing bringdown assumption updates to funding models, (ii) coordinating deliverables associated with the IE, transmission consultant, insurance consultant, and other 3^rd party advisors, and (iii) other documentation-related CPs.
• Updating tax equity tracking models, consistent with the requirements of the tax equity partnership agreements, on a regular basis, to track tax equity investor return on investment, flip dates, and other financial outcomes.
• Lead the cash distribution waterfall process for a subset of operating projects and calculation of ongoing “Pay-Go” invoicing.
• Establishing and sustaining productive, efficient relationships across Clearway’s major departments and functions, including Capital Markets, Construction, Development, Asset Management, Energy Management, Legal, Accounting, and Tax to ensure timely transaction closings and resolution of challenges. 
• Collaborating frequently with lenders, tax equity investors, cash equity investors, consultants, and lawyers as part of Clearway’s construction period funding and operating period transactions.
• Summarizing project transaction status, risks/mitigants, and associated economic outcomes for senior management.

What You'll Bring

Analyst:

• Bachelor’s degree in Finance, Business, Economics, Accounting, Engineering, or a related field.
• 0-4 years of experience in project finance, portfolio finance, or M&A in the energy sector.
• 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. 
• Experience building, auditing, and/or updating complex project finance models, with the ability to quickly generate summary economics, is required.
• Excellent communication and interpersonal skills.
• 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.
• Understanding of financial, tax, accounting, and investment concepts.

Senior Analyst (in addition to the above):

• 4-6 years of experience in project finance, portfolio finance, or M&A in the energy sector.

What Would Be Nice

• Tax Equity experience is highly preferred.
• Experience with reading and interpreting investor financing agreements and project contracts is highly preferred.

Clearway will not sponsor non-immigrant 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 for 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.