Stillingsbeskrivelse
Plus Power is an energy storage market leader, with a market-leading 10+ GW portfolio across more than 25 states that will transform North American electric grids into cleaner and more versatile critical infrastructure.
Standalone energy storage is rapidly transforming the North American energy markets, because it is cheaper than new natural gas plants, faster to build than fossil peakers or transmission, and able to perform diverse energy services. Plus Power partners with electricity system operators, utilities, and investors to originate, develop, finance, own and operate standalone energy storage projects that provide critical services to the wholesale electric market. Plus Power's team applies an intentional mindset to energy storage development by using a data-driven approach to development and operations.
At Plus Power, we are focused on solving hard climate problems, profitably. We are growing fast, and value candidates who, like us, share a focus on setting high expectations, owning and learning from mistakes in the spirit of radical transparency, and are committed to internal partnering as a key element of our ideas meritocracy. Our team praises Plus Power's culture and excels through our game-changing mission and supportive ecosystem.
About the Role
Plus Power is looking to hire a Finance and Capital Markets Analyst to join the company's finance team. This individual will support all aspects of project finance transactions for Plus Power's battery storage projects including construction financing, term debt/back-leverage and tax equity. Key responsibilities include creating and managing complex financial models, supporting the due diligence process, project management of financing deliverables, and coordinating with external financing parties to support the closing and funding of transactions. In addition, you will assist the finance team in bidding and structuring offtake agreements and executing on project acquisitions and project sales. This individual will get broad exposure to all aspects of the energy storage development and financing process and will collaborate with all functional teams across the company. This role includes significant responsibilities and room for growth within the company.
Key Responsibilities
- Transaction Support: Support all aspects of debt and tax equity financing transactions, including preparation of marketing materials, due diligence, management of external consultants, and financial modeling.
- Project Modeling: Own all aspects of project financial models throughout the project lifecycle, including development, construction and operations. Modeling activities include project optimization, offtake bidding, and sourcing and vetting model inputs with experts in various groups across the company (Development, Interconnection, Markets, EPC, Origination, Asset Management).
- Data Analytics & Tools: Support the creation of dashboards, reports, and analytics to support senior management decision making and reporting to corporate investors
- Market Analysis: Analyze macroeconomic and ISO-level trends, including impacts of tax law changes, interest rate environments, and broader sector trends, and their effect on the viability of the company's portfolio.
- Cross-Functional Support and Collaboration: Collaborate with other teams within Plus Power to perform economic analysis and support key business decisions, including PPA pricing, optimization of project design, major equipment selection and O&M contract negotiation.
Skills & Qualifications
- Minimum Bachelor's degree in Finance, Economics, Engineering or related field
- 1-2 years of project finance transaction experience at a developer, investment bank, project finance lender, tax equity investor, or infrastructure investor; OR finance/technical degree from a rigorous undergraduate program and completion of (or willingness to complete) a financial modeling course
- Proficiency in the Microsoft Office suite, especially Microsoft Excel, including experience with project financial modeling
- Tax equity modeling experience a plus
- Specific experience in energy storage, renewables, or gas a plus
- Demonstrated ability to work collaboratively and effectively in a cross-functional environment with team members who are geographically dispersed
- Highly organized with impeccable attention to detail
- Experience managing large projects with multiple stakeholders on tight timelines
- Exceptional written and verbal communication skills, with the ability to distill and present complex information clearly and succinctly to internal and external stakeholders, including financing counterparties.
- Strong interpersonal skills with the ability to build positive working relationships and interact effectively with individuals across a range of roles, seniority levels, and working styles
- Ability and desire to learn and take on responsibility quickly
- Location flexible with a preference for candidates based in or near San Francisco, Chicago, Brooklyn, or Seattle (where other finance team members are based)
Compensation, Location, and Benefits
Highly competitive total compensation from one of North America's leading energy storage developers, owners, and operators, along with market-leading health benefits, 401(k) match, generous paid parental leave, flexible time off, work from home stipend, and other programs designed to support employees and their families.
Flexible work arrangements include work-from-home or hybrid options from Plus Power's offices in The Woodlands, San Francisco, Chicago, Seattle, Brooklyn, Denver, Palm Beach Gardens, and Birmingham. While we are a remote-first company, we also have a highly engaged and connected culture, with opportunities to come together for in-person connection, professional development, and continued learning and growth.
The expected salary range for this position begins at $105,000. We may ultimately pay more or less than the posted range based on several factors including, but not limited to relevant experience, skills, qualifications, geographic labor market, and other factors consistent with applicable law. This position is also eligible to participate in our annual bonus program.
Plus Power is committed to a diverse and inclusive workplace where people of all backgrounds can thrive. Plus Power is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.
Løn og goder
Om stillingen
Om Plus Power
Virksomhedsoversigt
Plus Power
HovedkontorThe Woodlands, Texas, USA
Grundlagt2018
StørrelseCa. 200-500 ansatte (kilde: leadiq.com). Indtægter på 63,9 millioner USD i regnskabsåret 2023 (kilde: leadiq.com).
Hvad de gør
Plus Power specialiserer sig i selvstændige lithium-ion batteri energilagringssystemer (BESS), som er afgørende for stabilisering af elnettet. Deres teknologi muliggør hurtig levering til frekvensregulering, spidsudjævning og integration af vedvarende energi, især i afregulerede engrosmarkeder (kilde: leadiq.com). Virksomheden tilbyder et omfattende udvalg af tjenester, der inkluderer udvikling af grønne områder, valg af lokation ved hjælp af avancerede datavidenskabsteknikker og ingeniørarbejde inden for kraftsystemer med det formål at afhjælpe overbelastning af elnettet. De engagerer sig også i kommerciel oprindelse med forsyningsselskaber og uafhængige systemoperatører (ISO'er), rejser betydelig projektfinansiering og udfører store ingeniør-, indkøbs- og konstruktionsprojekter (EPC) (kilde: pluspower.com). Plus Powers målmarkeder spænder over 20 stater, med fokus på større amerikanske regionale transmissionsorganisationer (RTO'er) og ISO'er, der henvender sig til elforsyningsselskaber, råvarehandlere og netoperatører, som har brug for fleksible løsninger i takt med den stigende penetration af sol- og vindenergi (kilde: pluspower.com). Med en udviklingsportefølje, der overstiger 7.000 MW og et samlet antal på 11 GW inklusive tidlige aktiver, er Plus Power anerkendt som en førstegangsaktør inden for selvstændige BESS-sektoren (kilde: pluspower.com).
Projekter & Resultater
Plus Power har med succes gennemført flere bemærkelsesværdige projekter, herunder Gambit Energy Storage-anlægget i Angleton, Texas, som er et 100 MW selvstændigt lithium-ion projekt, der har været i drift siden sommeren 2021. Dette anlæg var et af de største i Texas på det tidspunkt og spiller en afgørende rolle i at støtte pålideligheden af ERCOT-nettet (kilde: pluspower.com). Et andet betydeligt projekt er Cranberry Point Energy Storage i Carver, Massachusetts, som er et 150 MW/300 MWh anlæg, der forventes at komme online i maj 2025, hvilket gør det til det største forsyningsskala selvstændige BESS i regionen og bidrager til Massachusetts' ambitiøse lagermål (kilde: pluspower.com). Aktuelle projekter inkluderer Cross Town Energy Storage i Gorham, Maine, som vil være New Englands største BESS med 175 MW/350 MWh, og Kapolei Energy Storage i Hawaii, som er et 185 MW/565 MWh projekt, der for nylig sikrede 219 millioner USD i finansiering (kilde: pluspower.com). Plus Power er også aktivt i gang med at konstruere over 1 GW på fem steder i Arizona og Texas, hvilket viser deres omfattende operationelle fodaftryk og engagement i integration af vedvarende energi (kilde: pluspower.com).
Seneste Udviklinger
I juni 2024 opnåede Plus Power en betydelig milepæl ved at afslutte konstruktion og terminsfinansiering for deres første store selvstændige BESS i ISO-NE, som er støttet af Massachusetts Clean Peak Energy Certificates (kilde: zoominfo.com). Virksomheden sikrede også 82 millioner USD i skattekapital fra Morgan Stanley til Superstition-projektet i Arizona, hvilket bidrog til næsten 2 milliarder USD i samlet finansiering til deres projekter i Arizona og Texas (kilde: zoominfo.com). I 2024-2025 investerede Morgan Stanley i alt 160 millioner USD på tværs af to projekter: 95 millioner USD til Cranberry Point og 65 millioner USD til Cross Town, som begge forventes at komme online i slutningen af 2025 (kilde: pluspower.com). En bemærkelsesværdig præstation i oktober 2023 var afslutningen af 1,8 milliarder USD i finansiering for 1,04 GW/2,76 GWh på tværs af flere steder, hvilket markerer en af de største aftaler om selvstændige lagringsprojekter i sektoren (kilde: prnewswire.com). Derudover lukkede Kapolei-projektet i Hawaii med succes 219 millioner USD i projektfinansiering og kreditfaciliteter (kilde: pluspower.com).
At Arbejde Der
Plus Power tilbyder en bred vifte af roller på tværs af forskellige afdelinger, herunder udvikling, markeder, ingeniørarbejde inden for kraftsystemer, kommerciel oprindelse, finansiering, EPC og drift. Virksomheden ansætter aktivt til stillinger i sine kontorer beliggende i The Woodlands, Texas (HQ), San Francisco, New York, Chicago og Miami, hvilket afspejler deres vækstkurve fra ca. 200-500 ansatte (kilde: leadiq.com). Virksomhedskulturen er præget af værdier som nysgerrighed, respekt, gennemsigtighed og en stærk vægt på miljømæssig ansvarlighed og sikkerhed. Medarbejdere opfordres til at adoptere en ejermentalitet i deres operationer, hvilket fremmer lokale relationer og ansvarlige udviklingspraksisser (kilde: pluspower.com). Selvom specifikke fordele ikke er detaljeret beskrevet i offentlige kilder, fremhæver Plus Power vigtigheden af samarbejde med fremragende kolleger og partnere i deres mission om at fremme løsninger til lagring af vedvarende energi (kilde: pluspower.com).
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