Job description
Are you ready to be part of a company that's not just talking about the future, but actively shaping it? Join The AES Corporation, the largest US-based global power company with a team of 8,300 employees across 12 countries.
AES has been ranked #1 by BloombergNEF in renewable energy sales to corporations in the US and Americas for five consecutive years, providing electricity for millions of people worldwide.
We are proud to foster a strong workplace culture, earning prominent positions in Great Place to Work™ rankings across the markets where we operate. AES was also named one of the World's Most Ethical Companies for the 13th consecutive year in 2026, highlighting our dedication to integrity, transparency, and responsible business practices.
Our spirit of innovation continues to earn industry recognition. AES is the only seven-time winner of the Edison Electric Institute's Edison Awards in the twenty-first century, a distinction honoring global leadership in advancing the electric power industry.
If you're ready to be part of a company that's not just adapting to change, but driving it, AES is the place for you. We're not just building a more sustainable future, we're powering it. Apply now and energize your career with a true leader in global energy.
The Project Finance Group is looking for an Associate to join the team. Key responsibilities of this role include financial modeling of debt and tax equity, assisting deal teams in successfully satisfying conditions precedent to financial closings, and supporting the manager through all stages of the capital raising process.
Principal Duties and Responsibilities
- Extensive financial modeling in Microsoft Excel providing quantitative assessment of optimal debt and tax equity structures.
- Work within organization to ensure data room is complete and accessible for third-party capital providers.
- Prepare marketing materials for debt and tax equity request for proposals for indicative economic terms.
- Assist manager in negotiation of market leading financing structures by providing financial analysis.
- Provide data and coordinate with appraiser, independent engineer, insurance, transmission consultants, and other third parties on project financings.
- Coordinate with internal and external stakeholders to assist in managing construction financing draws.
- Assist manager in pre and/or post-closing interest rate hedging responsibilities.
Desired Experience and Skills
- 4+ years of experience in project finance, investment banking, M&A, or similar position, with preference given to renewable-specific and/or transaction-focused experience.
- Must have experience working in complex financial models.
- Diligent and detailed oriented; able to deliver consistently accurate results from complex modeling exercises.
- Excellent verbal and communication skills; able to concisely communicate results to internal and external counterparts.
- Extensive knowledge and capabilities to work in Microsoft Excel, Word and Power Point.
- Enthusiastic and fun to work with.
Education
- Undergraduate degree required.
AES is an Equal Opportunity Employer who is committed to building strength and delivering long-term sustainability through diversity and inclusion. Respecting all backgrounds, differences and perspectives enables us to improve the lives of our people, customers, suppliers, contractors, and the communities in which we live and work. All qualified applicants will receive consideration for employment without regard to sex, sexual orientation, gender, gender identity and/or expression, race, national origin, ethnicity, age, religion, marital status, physical or mental disability, pregnancy, childbirth, or related medical condition, military or veteran status, or any other characteristic protected under applicable law. E-Verify Notice: AES will provide the Social Security Administration (SSA) and if necessary, the Department of Homeland Security (DHS) with information from each new employee's I-9 to confirm work authorization.
The expected salary for this position, at commencement of employment, is between $108,000 and $135,150/year; however, base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position also includes annual bonus. The benefits offered for this position are: medical, dental, and vision coverage, life insurance, 401(k) eligibility, and paid time off (including vacation, sick leave time, and parental leave). Details of participation in these benefit plans will be provided if a candidate receives an offer of employment. If hired, employee will be in an "at-will position" and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.
Pay & benefits
About this role
About AES
Company Overview
The AES Corporation, a publicly traded global power company
HeadquartersArlington, VA, United States
Founded1981
SizeApproximately 9,100 employees globally (source: virginiabusiness.com). Revenue of about $12.28 billion in 2024 (source: companieshistory.com).
What They Do
AES operates as a global power company developing, owning, and operating utilities and power projects across North and South America, the Caribbean, Europe, and Asia (source: aes.com). Its business portfolio includes regulated utilities, renewable generation such as solar, wind, and battery storage, as well as conventional thermal generation including combined-cycle gas plants (source: nasdaq.com). AES has strategically expanded its commercial focus toward large technology and data-center customers, securing 8.1 GW of agreements with technology clients by mid-2024 and supporting 2.1 GW of new data-center load growth at AES Ohio in 2024 (source: q4cdn.com). The company differentiates itself by integrating utility operations, project development, and long-term contracting at scale, maintaining a substantial backlog of signed power purchase agreements and a proven track record delivering projects for hyperscalers and utilities (source: q4cdn.com).
Projects & Track Record
AES’s notable projects include the Bellefield solar-plus-storage project in California, which reached 2 GW of combined solar and storage capacity for Amazon after signing an additional 1 GW contract in 2024 (source: sec.gov). The company completed Chevelon Butte, the largest wind project in Arizona, and Delta, the first utility-scale wind project in Mississippi, both highlighted in 2024 management remarks (source: q4cdn.com). In Hawaii, AES launched the West O‘ahu solar-plus-storage project in Kapolei, its first facility combining solar generation and battery storage on O‘ahu (source: aes.com). Additionally, AES completed a 670 MW combined-cycle gas plant in Panama in 2024 (source: nasdaq.com). By the end of 2024, AES reported a power purchase agreement backlog of 11.9 GW, including 4.9 GW under construction, underscoring its strong project pipeline (source: nasdaq.com).
Recent Developments
In 2024, AES signed or was awarded 6.8 GW of new contracts, including renewable power purchase agreements, data-center load growth at U.S. utilities, and retail supply agreements for data centers (source: nasdaq.com). The company completed or acquired 3.0 GW of renewables primarily in the United States and Chile, alongside the 670 MW Panama gas plant (source: nasdaq.com). By Q3 2024, AES had signed 2.2 GW of new agreements with data-center hyperscalers and maintained a 12.7 GW signed PPA backlog (source: nasdaq.com). In February 2025, AES reported a net income of $698 million for 2024 and announced progress toward its 2023–2025 asset sale target, with $2.8 billion announced or closed (source: nasdaq.com).
Working There
AES hires across a broad range of roles including renewable development, project engineering, construction, operations, utility operations, finance, commercial origination, legal, and corporate functions, reflecting its diverse business spanning generation, regulated utilities, and customer contracting (source: aes.com). The company emphasizes employee wellbeing, work-life balance, and comprehensive health and wellbeing benefits on its careers page (source: aes.com). Recent growth areas suggest strong hiring demand in solar, storage, grid infrastructure, and data-center-related commercial roles, particularly in locations tied to AES Indiana, AES Ohio, and project-development offices supporting North and Latin America (source: nasdaq.com).
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