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.
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.
This role is primarily focused on markets in the central part of the country (ERCOT, SPP, and MISO) but will collaborate regularly with colleagues covering the west and east regions. Our headquarters are in San Francisco, CA but we are also open to a remote work arrangement for the right candidate.
Principal Responsibilities & Key Results
- Asset origination and acquisition: Support origination, structuring, and closing of high-quality, profitable solar, wind, and storage acquisitions as a key member of a transaction team.
- Own the project financial model. Work with the Capital Markets team to ensure conformance with underwriting guidelines, investment metrics, and forecasted cash flows. Run sensitivity analyses and generate ideas to optimize valuation.
- 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 25GW+ development portfolio of utility wind, solar, and storage projects.
- Develop statistical analyses to quantify risk in highly structured transactions.
- Perform quantitative and qualitative analysis to work out 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.
- Develop additional functionality for new and innovative financial structures (in excel and VBA) and improve existing quantitative analysis tools.
Knowledge & Skills
- A driven self-starter with strong problem-solving and communication skills.
- Strong aptitude for analytical and financial modeling with demonstrated attention to detail. Advanced capabilities in Excel and PowerPoint are essential.
- Excellent oral, written, and visual communication skills. The ability to summarize complex issues and identify opportunities or next steps is critical.
- Robust organizational skills with a mindset toward pursuing simple and efficient solutions.
- Ability to manage simultaneous projects/work streams, set priorities, and exercise independent judgment.
- Interest in developing leadership skills and desire to grow personally and professionally within our organization.
Qualifications
- Bachelor's Degree with a strong academic record from a leading undergraduate program in finance, business administration, economics, engineering, or computer science.
- 1-2 years of experience in renewable development, IPP, investment banking, cleantech, or related quantitative/transactional role.
- Fundamental knowledge in renewable energy, cleantech, power markets, or infrastructure finance with prior internship (or similar) experience in these fields.
- Experience navigating discounted cash flow models is required.
- Experience with VBA or other programming languages is a bonus.