Associate, Renewables Project Finance Full Time

The Associate will play a critical role in financial modeling, due diligence and executing renewable energy transactions, and collaborating with internal teams. This role requires a strong foundation in financial modeling, an understanding of renewable energy project finance, and the ability to work in a fast-paced environment. The ideal candidate will have experience in project finance or structured finance within the energy sector.

Key responsibilities include:

• Lead various aspects of supporting the commercial team in all finance-related areas including proforma ownership to ensure underwriting reflects an accurate view of project economics (DCF, IRR, NPV, and other metrics).
• Assess overall project risks with sensitivity analysis and recommend mitigation strategies.
• Engage with internal & external stakeholders to inform project decisions and drive business results.
• Provide strategic financial insights to the development team to support negotiations with counterparties, customers & offtakers.
• Support team in external capital raising efforts including debt, tax equity and/or minority equity.
• Support memo drafting and research for new opportunities for Prologis investment committee.

Building blocks for success

Required:

• 3+ years of experience working directly on energy projects, ideally commercial solar storage. Familiarity with power purchase agreements (PPAs), interconnection, and tax incentives (ITC, MACRS, etc.).
• Bachelor’s degree in Finance, Economics, Business, Engineering; MBA or CFA are a plus.
• Strong financial modeling and valuation skills, with proficiency in Excel and financial analysis tools, and general understanding of financing structures.
• Self-starter with strong ability to work independently to accomplish job duties with minimal need for guidance and support in making decisions and recommendations.
• High degree of comfort in a dynamic, fast-paced work environment with ability to effectively manage priorities, communicate to stakeholders, and meet deadlines.

Preferred:

• Deep level of knowledge of tax credits and deal structuring specific to renewable projects.
• Strong understanding of behind the meter solar economics including net metering concepts, RECs, and utility incentives.

Source: Essex Property Trust’s Career Page

Tagged as: REIT