Analyst, Business Development
About Us
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 operate over 7.5 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 5 gigawatts of wind, solar, and energy storage assets offset the equivalent of nearly 8.8 million metric tons of carbon emissions for our customers today. Clearway Energy Group is headquartered in San Francisco, CA with offices in Carlsbad, CA; Scottsdale, AZ; Houston, TX; and Princeton, NJ. For more information, visit clearwayenergygroup.com.
Job Summary
As a key member of an established team of investment and project development professionals, the Analyst will have responsibility for supporting commercial strategy for utility-scale wind, solar, and battery assets under development as well as valuation, due diligence, and execution of project acquisition opportunities. Additionally, this role will support Clearway’s entry into hydrogen and offshore wind development. This position will be based in our San Francisco office.
Principal Responsibilities & Key Results
- Asset origination and acquisition: Support origination, structuring, and closing of high-quality, profitable solar and wind acquisitions as a key member of a transaction team
- Own the project financial model. Work with Project Finance and Risk teams to ensure conformance with underwriting guidelines, investment metrics and forecasted cash flows. Run sensitivity analyses and generate ideas to optimize valuations.
- Coordinate with functional teams on due diligence and financial model inputs to qualify project investments prior to executing acquisition documents.
- 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:
- Support pricing analysis and bidding strategy to originate offtake contracts for Clearway Energy Group’s 8GW+ development portfolio of utility wind and solar projects.
- Develop statistical analyses to quantify risk in highly structured commodity transactions.
- Perform quantitative and qualitative analysis to workout impediments to negotiations and closings.
- 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.
- Support Initiatives aimed at improving the set of tools, and business activities at Clearway
- Develop additional functionality for new and innovative financial structures (in excel and VBA) and improve existing quantitative analyses tools.
- Assist with other projects to improve financial optimization, underwriting, deal tracking, etc.
- Lead other special projects in support of business strategy.
Knowledge & Skills
- Advanced capabilities in Excel and PowerPoint is required.
- Aptitude for analytical and financial modeling with demonstrated attention to detail.
- Quantitative skills are a must for this position.
Qualifications
- Bachelor's Degree in finance, business administration, economics, engineering, or computer science.
- 0+ years of experience in renewable development, IPP, investment banking, cleantech, or related quantitative/transactional role. Relevant coursework and/or internships is highly preferred.
- Experience navigating discounted cash flow models is required.
- Fundamental knowledge in renewable energy, cleantech, power markets, or infrastructure finance with prior internship (or similar) experience in these fields.
- Prior introductory programming experience is a plus.
Clearway will not sponsor nonimmigrant visas for this position (H-1B, TN, E-3, etc.).