Senior Project Finance Valuation Analyst
New Leaf Energy is an experienced clean energy developer that partners with landowners, policymakers, and other stakeholders to accelerate the transition to a world powered by renewable energy. We identify high-value sites, work with landowners and local communities to develop them, and partner with long-term asset owners to bring the most impactful clean energy projects to life.
New Leaf Energy is seeking a Senior Project Finance Valuation Analyst to join our team. This position may be filled out of our Lowell, MA, Boston, MA, or Chicago, IL offices. We value in-person collaboration and offer a hybrid work environment. Hybrid employees work in the office at least two out of every Tuesday, Wednesday, and Thursday, and are free to work from the office or from home on other days.
The Senior Project Finance Valuation Analyst will contribute to the development of renewable energy projects by creating financial models and other tools that analyze project revenues, project costs, risks, and price curves with the goal of maximizing project valuations. This role uniquely supports all stages of clean energy project development, from assessing new policies and markets, to analyzing project economics, to finalizing transactions with customers. This is a high profile, cross-functional, interdisciplinary position that regularly interfaces with all aspects of the development business including project development, design engineering, interconnection, policy & business development, project finance, and executive leadership.
Position responsibilities will include, but are not limited to:
- Develop and analyze financial models to evaluate project valuations/profitability, viability of potential new markets, and impacts of changes to existing subsidies and incentives;
- Research wholesale energy and capacity prices, retail rates, and renewable energy credit market fundamentals and forecasts, and translate market data and dynamics into an internal view on price forecasting, valuation impacts, and modeling scenarios;
- Research and interpret third-party energy/wholesale/capacity price forecasts, process them into model templates and sensitivities, develop official company position on price forecasting, and analyze impacts of changes for stakeholders;
- Analyze financial models and customer feedback to understand the impact of key valuation drivers on projects and development regions and how/why valuations change over time, and communicate insights to regional teams and executive leadership;
- Coordinate with policy & business development teams to stay abreast of the latest developments in community solar program design, and translate that knowledge into financial model templates and assumptions;
- Leverage insights into project cash flows and energy/wholesale markets to support strategic project development decision making and maximization of project economics;
- Drive the development and adoption of new tools and techniques which drive efficiency and speed in the development of new projects across the company;
- Engage with customers to educate them on revenue/cost structures, review key valuation assumptions, and negotiate purchase prices;
- Collaborate with design engineering on design optimization, dispatch modeling, and EPC price estimation to maximize project economics;
- Follows, maintains, and continuously improves their own standard work
- Train and mentor employees across the company on financial modeling, energy market fundamentals, and state/federal incentive structures.
- Perform any other duties as directed by the Chief Revenue Officer and Director of Project Valuation.
Desired Qualifications
While no one individual will possess them all, the successful candidate will bring many of the following experiences, skills, and attributes. If you’re unsure whether you meet enough of the qualifications below but believe that your experience and skill set is a good match for this position, we invite you to apply!
- Bachelor's Degree in a technical field; Master’s Degree in relevant field or MBA preferred;
- 5 to 8 years experience with the United States energy industry, ideally working in the renewable energy industry;
- Project finance modeling and power markets analysis experience;
- Mastery of Microsoft Excel required; VBA experience preferred;
- Ability to multi-task in a fast-paced business environment;
- Knowledge of energy or renewable energy development and finance;
- Accurate and detail-oriented;
- Proactive and able to work independently;
- Ability to analyze financial models and understand the impact of various key drivers;
- Technology-oriented;
- Disciplined in adoption and following of standard work as the basis for continuous improvement;
- Very strong written and verbal communication skills.
Compensation
New Leaf Energy compensates all employees in three ways: market-competitive base salary, plus above-market variable compensation, plus an equity-like program such that all employees experience the benefits of ownership. We use a data-driven and transparent methodology to calibrate compensation that is externally competitive and internally equitable, guided by the New Leaf Energy compensation manual, which is available to all employees.
Under our compensation framework, the likely base salary range for this position in the Chicago location is $143,440-$159,590. Your actual salary may be above, in, or below this range, depending on your location and experience.
Compensation for this position includes an incentive plan, about which we can go into detail in the interview process.
Benefits and Culture
New Leaf Energy’s success is driven by our collaborative, long-term relationships based on trust and transparency. We offer a flexible work environment that places significant responsibility in independent teams and creates opportunities for innovation and personal growth. New Leaf Energy’s benefits are designed to appropriately recognize our employees’ contributions and enable a reasonable work/life balance. Our benefits include:
- Competitive salaries and comprehensive benefits, including medical, dental and vision;
- A 401k plan with immediate vesting and a company match (100% of the first three percent of your pay; 50% for the next two percent you contribute);
- An open and self-managed paid time-off policy;
- A hybrid work location policy that supports working from home for part of the week;
- A parental leave policy for both birthing and non-birthing parents, available immediately upon hire;
- Professional development and education assistance.
Commitment to Diversity and Inclusion
New Leaf Energy values the diverse perspectives, skills, experiences, and contributions of all employees. We want all our employees to feel like they belong and are empowered to be their most authentic selves at work. We’re actively committed to fostering diversity and creating an inclusive environment not only within our own organization but also within the clean energy industry.
We seek a diverse candidate pool in this–and every–search. New Leaf Energy provides equal employment opportunities to all employees and applicants without regard to race, color, religion, gender, age, sexual orientation, national origin, ancestry, disability, genetics, veteran status or any other characteristic protected by state, federal and local laws. In addition to federal law requirements, New Leaf Energy complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. EEO M/F/D/V.
A Note to Third-Party Recruiters
New Leaf Energy’s People + Culture team coordinates all recruiting and hiring at our company. New Leaf Energy does not accept unsolicited resumes from third-party recruiters, staffing firms, or related agencies. Resumes are only accepted from third-party recruiters, staffing firms, or related agencies if a signed agreement is in place AND if external recruiting assistance is authorized by the People + Culture team for a specific position. All unsolicited resumes will be considered the property of New Leaf Energy. New Leaf Energy is not responsible for any fees related to unsolicited resumes.
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