Analyst, Capital Markets

Job Description

Clearway is looking for an Analyst to join its Capital Markets team in a unique role that intersects project finance, transaction execution, valuation analysis, and process improvement in the utility-scale renewable energy space.

This position will report to a senior Capital Markets team member and is primarily responsible for supporting non-recourse construction debt, term debt, tax equity, and cash equity (project sale) transactions for renewable energy projects in the US. This person will also collaborate with team members in various departments such as project development, engineering, construction, legal, risk & corporate finance to balance value optimization with transaction risks and business objectives.

This is a hybrid position based in our San Francisco office. If you don't meet 100% of the qualifications but see yourself contributing, please submit your resume.

What You'll Be Doing

• Support the structuring, negotiation, and closing of tax equity, construction debt, term debt, and cash equity financings.
• Actively participate as a junior member of a deal team responsible for due diligence, modeling, documentation, negotiation, closing, and funding transactions to established timelines.
• Work in Excel-based project financing model templates that serve our project origination, development, construction, financing, and asset management business.
• Maintain rigorous standardization and consistency in the project finance models applied to the many projects in our pipeline.
• Implement the terms of the tax equity, construction debt, term debt, cash equity, etc., financing in the project finance model templates.
• Communicate to internal stakeholders our underwriting standards and implement those standards in the project finance models.
• Develop and maintain relationships with external capital providers to continually improve the velocity and cost of capital.
• Serve as a reliable representative of the project finance team on internal project teams and in internal discussions.
• Support presentations and reports on transaction status, risks, and benefits to the Vice President of Project Finance and Clearway's executive leadership team.
• Support providing the development team with advice on anticipated terms of financings and assist in the development, pricing, and origination of new renewable energy acquisitions and development projects.

What You'll Bring

• Bachelor's Degree in Engineering, Math, or Science with business or finance experience, OR Finance, Business, or Economics degree.
• Minimum of 1 year of work experience in energy project finance.
• A positive attitude, being highly motivated, and the ability to maintain a culture that is based on teamwork, respect, and integrity.
• Excellent written and verbal communication skills, and ability to communicate complex issues in a clear, concise manner.
• Diligent, detail-oriented, rigorous, and creative.
• Advanced Excel skills and Project Finance modeling (i.e., discounted cash flow with multiple parties) experience.
• Experience creating reusable Excel templates, instead of single-use/purpose spreadsheets.
• Understanding of data tables and databases.
• Ability to thrive in a collaborative environment that emphasizes attention to detail, meeting deadlines, and working together to achieve company-wide goals.
• Ability to handle numerous activities and set priorities.
• Ability to coordinate and work as a team, as well as contribute individually.
• Experience collaborating with internal deal teams as well as external consultants and lawyers to meet deadlines.
• Excellent communication skills, both written and oral, including the ability to convey ideas and positions clearly.
• Background with VBA, Python, etc., and an interest in becoming an expert through working on real-world projects.

What Would Be Nice

• U.S. renewable energy project finance.
• Energy or infrastructure industry experience.

Clearway will not sponsor non-immigrant 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.

Salary Range Across all U.S. Locations

$83,000 - $105,000 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 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.

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 [email protected] and let us know the nature of your request and your contact information.