Investment Associate

Matrix Renewables is a renewable energy platform that was founded by global alternative asset manager TPG through its impact investing platform, TPG Rise, in 2020. Headquartered in Madrid, Matrix Renewables focuses on developing, constructing and being long-term owners of renewable energy assets.

Matrix Renewables’ current portfolio is comprised of 15.7 GW (operational, under construction, ready to build, under development) of renewable energy projects and storage across North America, Europe and Latin America.

TPG impact-investing platform is a $27 billion impact investing platform focused on investing in and supporting the growth of world-class businesses that deliver positive and measurable social and environmental impact globally.

TPG is a leading global alternative asset investment firm with offices in Austin, Beijing, Boston, Dallas, Fort Worth, Hong Kong, Houston, London, Luxembourg, Melbourne, Moscow, Mumbai, New York, San Francisco, Seoul, Singapore, and Washington D.C. TPG’s investment platforms span a wide range of asset classes, including private equity, growth equity, impact investing, infrastructure, growth venture, real estate, secondaries, and public equity.

Based in Miami, FL or remote within continental US

The Role

Matrix Renewables is looking for a highly motivated individual to play a key role in our fast-growing and well-established team. Ideally based in the Miami office, the Investment Associate will be responsible for leading valuation efforts, creating investment summaries, and making investment/divestiture recommendations to the investment committee within in the renewable energy/sustainable fuels space in the U.S.

Key Activities and Responsibilities

• Lead valuation efforts for renewable energy/green fuel projects.
• Develop, manage and build valuation models analysing the economic merits and risks associated with renewable energy projects / storage
• Prepare in-depth analysis for acquisition/divestments of renewable energy/green fuel projects based on project fundamentals and market conditions.
• Evaluate and prepare investment thesis for greenfield projects prior to be added to Matrix’s balance sheet.
• Lead the preparation of investment committee memorandums including the proposal of actionable recommendations.
• Actively participate in reviewing Matrix capital efficiency strategy including capital recycling through asset divesture, capital raising including LCs, hold-co debt, etc.
• Work cross-functionally within the organization and outside advisors to conduct project diligence and source key inputs for economic and qualitative analysis.
• Lead conversations with internal and external stakeholders as well as with potential investors.
• Manage M&A processes including coordinating with key stakeholders and reviewing transaction documentation.
• Prepare analysis supporting Matrix’s portfolio through key equity deployment milestones.
• Assist in the preparation of monthly & quarterly reporting to TPG.
• Work creatively to implement long-term company strategic initiatives.

Qualifications

• Bachelor’s degree in business, Finance, Economics, Engineering, or other quantitative field preferred
• 2-5 years of experience in investment banking, project financing, private equity, or in a finance-focused role in the energy/utilities sector in the U.S.
• Proficiency (2-5 years of experience) in financial modeling of US renewable energy and battery storage projects
• Strong verbal and written communication skills
• High level of proactivity and entrepreneurial mindset
• Expertise in tax equity modeling including capital accounts, depreciation, and buyouts (preferred);
• Highly proficient in MS Excel, MS Word, and MS PowerPoint
• Strong attention to detail and analytical skills
• Basic knowledge of accounting and tax treatments related to renewable energy projects (i.e. tax equity partnership flip mechanics)
• Solid understanding of corporate finance and economic concepts
• Basic understanding of U.S. power markets

Matrix is committed to a fulfilling, inclusive and non-discriminatory working environment in which all individuals are treated as individuals, with respect and dignity and are given opportunities to develop their careers and contribute to both the Company´s and their own success. Furthermore, Matrix is committed to ensuring a rigorous, fair and non-discriminatory selection and recruitment process and to treat all candidates who apply for a position in Matrix equally. We advocate for equal opportunity and do not discriminate against gender, marital status, religion, age, color, race, sexual orientation, nationality, or disability.

Matrix Renewables (Spain), S.L. (“Matrix”), with domicile at C/ Velázquez 34, 3ª planta, 28001, Madrid, hereby informs the job applicant (the “Applicant”) that his/her curriculum vitae as well as all other personal data provided during the selection process will be processed by Matrix as data controller. Such data will be processed for the purpose of analyzing the Applicant’s skills and aptitudes and assessing the Applicant’s candidacy for the job offered.

The Applicant, under the terms established in the data protection regulations in force at any time, may exercise his/her rights to access, rectification, erasure, restriction of processing, data portability, objection, and not to be subject to automated individual decisions. For this purpose, he/she may contact in writing to the following email address: [email protected]