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Reporting to the Managing Director of Business Development, the role is responsible for valuation, due diligence, negotiation, and execution of utility scale renewable (wind, solar, and energy storage) development project acquisition opportunities as well as strategy, structuring, and pricing support for development and power marketing. Our headquarters are in San Francisco, CA but we are also open to remote work for the right candidate.
*This job posting is open to multiple locations but represents one available position*
What You'll Be DoingManage the renewable energy project acquisition process: support origination, structuring, and closing of high-quality and profitable solar, wind, and energy storage acquisitions as a key member / leader of a transaction team.
- Coordinate with internal constituents and third-party consultants to perform due diligence activities.
- Work with development, engineering, and capital market teams to ensure conformance with underwriting guidelines, investment metrics and forecasted cash flows. Run sensitivity analyses and generate ideas to optimize valuations and transaction structures.
- Strong quantitative skills required - own the project financial model and / or work with analysts.
- Prepare detailed memos and presentations for senior management and investment committee.
- Create and manage tools to monitor market activity and track internal origination strategy to identify new growth areas and M&A targets.
Support on-going origination, development, and financing activities for projects Clearway owns.
- Support pricing analysis and bidding strategy to originate offtake contracts for Clearway's 30 GW+ development portfolio of utility scale wind, solar, and energy storage projects.
- Develop statistical analyses to quantify risk in highly structured commodity transactions.
- Work with functional groups, third party consultants and various other stakeholders to drive projects forward and perform quantitative analyses to support development and financing decisions.
Lead strategic initiatives aimed at improving analytical tools and informing key business activities at Clearway.
- Assist with ongoing efforts to improve financial optimization, underwriting, deal tracking, etc.
- Lead special projects across internal functional groups to drive value creation throughout the development, procurement, construction, and financing processes.
Develop innovative financial and offtake structures and improve existing quantitative analysis tools.
What You'll Bring- Bachelor's Degree required in finance, business administration, economics, or engineering.
- 4+ years of relevant work or internship experience at a U.S. solar, wind, or energy storage development company/Independent Power Producer in a M&A, finance, or a development role with specific focus on financial modeling and valuation or relevant, transferable experience in investment banking or private equity (or similar).
- Experience navigating discounted cash flow models is required.
- A driven self-starter with strong problem-solving and communication skills.
- Excellent aptitude for analytical and financial modeling with demonstrated attention to detail. Strong quantitative skills are a must for this position. Advanced capabilities in Excel and PowerPoint are essential.
- Ability to summarize complex issues and identify opportunities or next steps.
- Ability to manage simultaneous projects/work streams, set priorities, and exercise independent judgment.
- If you don't meet 100% of the above qualifications but see yourself contributing, please submit your resume.
- Master's Degree, CFA, or other ongoing education a plus.
- Experience covering power & utilities, natural resources, alternative energy, or clean technology industry groups is preferred, but not mandatory.
- Experience with VBA or other programming languages is a bonus.
Clearway will not sponsor nonimmigrant visas for this position (H-1B, TN, E-3, etc.).
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.
Clearway Energy Group is leading the transition to a world powered by clean energy. Along with our public affiliate Clearway Energy, Inc., we own and manage more than 9.6 gigawatts of renewable and conventional energy assets across the country. As we develop a nationwide pipeline of new renewable energy projects for the future, Clearway's 7 gigawatts of operating wind, solar, and energy storage assets offset the equivalent of more than 9 million metric tons of carbon emissions for our customers today. Clearway Energy Group is headquartered in San Francisco with offices in Carlsbad, Calif.; Scottsdale, Ariz.; Houston; and Princeton, N.J. 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, Carlsbad, Scottsdale, Houston, & 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 .