Senior Analyst, Portfolio Finance
What The Role Is
The Senior Analyst of Portfolio Finance is responsible for supporting construction period financing execution and operating period asset optimization transactions for wind, solar, and energy storage assets. This person will support cash equity, tax equity, and/or term conversions during construction, lead advanced financial modeling for several projects in construction and operation, and identify and execute on value optimization opportunities for operating projects.
This hybrid position will be located in San Diego, CA.
If you don’t meet 100% of the qualifications but see yourself contributing, please submit your resume.
What You'll Be Doing
- Supporting funding and asset optimization opportunities across the entire Clearway enterprise. Efforts will primarily be focused on renewables projects, with the possibility of non-renewables transactions. Types of transactions include but are not limited to cash and tax equity fundings, term conversions, bridge loan payoffs, refinancings, tax equity buyouts, repowering analysis, letter of credit facilities, and other ad-hoc restructurings.
- Working frequently with lenders, tax equity investors, cash equity investors, consultants, and lawyers as part of the funding processes during construction.
- Implementing the bringdown assumption updates to financial models, scenario analysis, and adding dynamic logic and formulas to complex financial models. Understanding of how certain assumptions and structures impact economics, such as cash flows, IRRs, flip dates, and inside and outside basis, will be critical.
- Updating tax equity tracking models regularly to track projected returns, flip dates, and other financial outcomes.
- Summarizing economic outcomes to draft materials that translate said economics clearly and concisely to senior leaders.
- Ability to think critically and propose solutions that overcome customary and/or unique challenges that renewables projects face during construction and/or operations. This includes the ability to interpret provisions in financing agreements, operating agreements, and/or purchase agreements to understand the impact of certain matters on the capital structure.
- Be the “relationship” contact with investors for project financings in construction and operations.
- Establishing and sustaining productive, efficient relationships across Clearway’s major departments and functions, including Capital Markets, Construction, Asset Management, Energy Management, Origination, Legal, Accounting, and Tax, to address and resolve challenges across the lifecycle of Clearway’s projects.
What You'll Bring
- Bachelor’s degree in Finance, Business, Economics, Accounting, Engineering, or related field.
- 2-4 years of experience in project finance, portfolio management, or M&A in the energy sector.
- Advanced Microsoft Excel knowledge is required. Experience building, auditing, and/or updating complex project finance models, with the ability to quickly generate summary economics relating to each stakeholder, is required.
- Experience with reading and interpreting investor financing agreements and project contracts is highly preferred.
- Tax equity experience is highly preferred.
- Understanding of financial, tax, accounting, and investment concepts.
- Excellent communication and interpersonal skills.
What Would Be Nice
- Tax Equity experience highly preferred.
Clearway will not sponsor non-immigrant visas for this position (H-1B, TN, E-3, etc.).
#LI-Hybrid
The pay rate for the successful candidate will depend on geographic location, skills, relevant and demonstrated experience, education, training and certifications, and other factors permitted by law. This role is eligible to earn an annual cash bonus, subject to personal and company performance goals.
Salary Range Across all U.S. Locations
$110,000 - $130,000 USD
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
Clearway Energy Group’s vision is a world powered by clean energy. Along with our public affiliate Clearway Energy, Inc., our portfolio comprises approximately 11.8 GW of gross generating capacity in 26 states, including 9.1 GW of wind, solar, and battery energy storage assets, and over 2.8 GW of flexible 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 2 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.
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 corporate 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. Our site-based employees collaborate in-person daily to keep our locations operating safely and efficiently while fostering strong relationships within their local communities.
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.
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