Analyst, Portfolio Finance

About the role

Clearway’s Portfolio Finance team is a key contributor on both the development and operating sides of the business, covering both transactions during the construction and operations phases. The Portfolio Finance Analyst will support the investor funding process for Clearway’s utility-scale wind, solar, and battery energy storage projects. They will also be highly involved in certain asset optimization transactions, including refinancings, acquisitions of investor interests, “as is” valuations, and other forms of restructurings.

Responsibilities

• Supporting the funding process with tax equity investors, cash equity investors, and lenders for Clearway’s wind, solar, and battery energy storage projects under construction.
• Supporting the transaction lead on the internal deal funding checklist and a subset of certain “conditions precedent” for funding.
• Updating tax equity tracking models, consistent with the requirements of the tax equity partnership agreements, regularly.
• Lead the cash distribution waterfall process for a subset of operating projects and calculation of ongoing “Pay-Go” invoicing.
• Establishing and sustaining productive, efficient relationships across Clearway’s major departments and functions, including Capital Markets, Construction, Development, Asset Management, Energy Management, Legal, Accounting, and Tax.
• Collaborate frequently with lenders, tax equity investors, cash equity investors, consultants, and lawyers as part of Clearway’s construction period funding and operating period transactions.
• Summarize project transaction status, risks/mitigants, and associated economic outcomes for senior management.

Requirements

• Bachelor’s degree in Finance, Business, Economics, Accounting, Engineering, or related field.
• 0-4 years of experience in project finance, portfolio finance, or M&A in the energy sector.
• Advanced Microsoft Excel skills and understanding of key financial concepts such as discounted cash flow analysis, time value of money, internal rate of return, and net present value.
• Experience building, auditing, and/or updating complex project finance models, with the ability to quickly generate summary economics.
• Excellent communication and interpersonal skills.
• Self-motivated, dependable, and accountable.
• Ability to work independently, multitask, and take ownership of projects and assignments.
• Understanding of financial, tax, accounting, and investment concepts.

Qualifications

• Tax equity experience is highly preferred.
• Experience with reading and interpreting investor financing agreements and project contracts is highly preferred.

Skills

• Strong analytical and problem-solving skills.
• Excellent written and verbal communication skills.
• Proficiency in Microsoft Excel and other relevant software.

Benefits

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.

Pay

$80,000 - $118,000 USD

Schedule

Hybrid schedule available.