Associate / Senior Associate, Project Finance
Madison Energy Infrastructure · New York, NY · 5 days ago
On-siteFinanceFull-time
Responsibilities
- Build, maintain, and refine DCF models for solar, solar + storage, and standalone storage projects.
- Collaborate closely with developers to stress-test project economics, model upside and downside scenarios, and identify levers that can meaningfully improve returns while preserving offtaker priorities.
- Critically evaluate inputs and assumptions, identifying where estimates may be optimistic and ensuring the model reflects a defensible view of project economics prior to capital commitment.
- Develop and run sensitivity analyses across the full range of pre-construction uncertainties, including production yield, O&M costs, price forecasts, tax treatment, ITC eligibility, FEOC compliance, congestion, accreditation methodologies, and construction timeline, to stress-test returns and inform investment decisions made well ahead of capital deployment.
- Support investment underwriting, project valuation, and strategic development using market forecasts and scenario analysis.
- Assess energy storage economics across multiple value streams, including energy arbitrage, capacity, ancillary services, and congestion-related opportunities to evaluate merchant BESS deployment across target state programs.
- Evaluate the feasibility of prospective land campaigns in relation to community solar opportunities across target state programs, identifying optimal markets and informing option agreement decisions.
- Track development budgets and model the impact of long-lead costs on cash flow management and project returns as opportunities progress through the pipeline.
- Support development strategy related to market participation, offtake structures, and risk management approaches.
- Partner with internal teams to align market insights with project design, siting, and execution decisions.
Qualifications
- Bachelor’s degree in economics, engineering, finance, mathematics, or a related quantitative field.
- 1–5 years of relevant experience in power markets, energy analytics, renewable energy, energy storage, consulting, or investment analysis.
- Strong understanding of U.S. wholesale electricity markets and ISO/RTO market structures.
- Experience modeling or evaluating revenues for energy storage and/or renewable assets.
- Advanced Excel skills; experience with Python, R, SQL, or similar analytical tools preferred.
- Ability to synthesize complex analysis into clear, decision-oriented recommendations.
Preferred
- Experience with market forecasting tools or vendors (e.g., Aurora, PLEXOS, Enverus, Wood Mackenzie).
- Familiarity with hybrid renewable + storage projects.
- Exposure to commercial transactions, offtake agreements, or market participation strategies.
- Working understanding of tax equity financing, solar ITC, FEOC compliance, and tax credit eligibility and transfer.
- Advanced degree in finance, economics, engineering, or a related field, or equivalent professional certification (e.g., CFA).
Benefits
- PTO and company holidays
- Medical, dental, vision
- Employer-paid short-term disability, long-term disability, life insurance
- 401(k) and company match
- Professional development stipend
- Strong culture of collaboration, performance, and personal growth