Analyst, Capital Markets

NextGenEnergyJobs; San Francisco, Northern (CA, KY); Hybrid; USD 85,000 - 125,000; Full time

Job summary

NextGenEnergyJobs in San Francisco seeks an Analyst to join its Capital Markets team, supporting non-recourse construction debt, tax equity, and cash equity financings for utility-scale renewable energy projects in the US. You will collaborate with multiple departments to balance value with risk and meet project timelines.

The role emphasizes Excel-based modeling, template standardization, and data integrity, with opportunities to develop expertise in project finance, deal execution, and term

Qualifications

• Bachelor's degree in engineering, math, or science with business/finance experience required.
• Minimum 1 year of work experience or internship in energy project finance.
• Demonstrated teamwork, integrity, and motivation in a collaborative culture.
• Excellent written and verbal communication; ability to explain complex topics clearly.
• Detail-oriented, rigorous, and creative with problem solving.
• Advanced Excel skills and project finance modeling experience.
• Experience creating reusable Excel templates rather than single-use spreadsheets.
• Understanding of data tables and databases.
• Ability to use AI ethically to streamline workflows.
• Ability to meet deadlines in a team setting.
• Experience collaborating with internal deal teams and external consultants/lawyers.

Responsibilities

• Support non-recourse construction debt, term debt, tax equity, and cash equity financings.
• Assist in structuring, negotiating, and closing financings.
• Participate in due diligence, modeling, documentation, and funding of transactions.
• Work with Excel-based project finance models across origination to asset management.
• Maintain standardized project finance models across multiple projects.
• Implement financing terms in model templates.
• Communicate underwriting standards to stakeholders and reflect them in models.
• Develop relationships with external capital providers to improve cost of capital.
• Represent the project finance team on internal project teams and discussions.
• Prepare updates on transaction status, risks, and benefits for leadership.
• Advise development team on anticipated terms and assist with new acquisitions.

Skills

Advanced Excel

Project Finance modeling

Reusable Excel templates

AI for workflows

Team collaboration

Communication skills

VBA

Python

Data tables & databases

Multiple-party DCF

Education

Bachelor's degree in Engineering/Math/Science with business/finance

Tools

VBA

Python

Excel

Job description

No visa sponsorship or any kind of sponsorship for employment authorization is available for this role, now or in the future.

Key Responsibilities

• Clearway is looking for an Analyst to join its Capital Markets team in a unique role that intersects project finance, transaction execution, valuation analysis, and process improvement in the utility-scale renewable energy space.
• This position will report to a senior Capital Markets team member and is primarily responsible for supporting non-recourse construction debt, term debt, tax equity, and cash equity (project sale) transactions for renewable energy projects in the US. This person will also collaborate with team members in various departments such as project development, engineering, construction, legal, risk & corporate finance to balance value optimization with transaction risks and business objectives.
• Support the structuring, negotiation, and closing of tax equity, construction debt, term debt, and cash equity financings.
• Actively participate as a junior member of a deal team responsible for due diligence, modeling, documentation, negotiation, closing, and funding transactions to established timelines.
• Work in Excel-based project financing model templates that serve our project origination, development, construction, financing, and asset management business.
• Maintain rigorous standardization and consistency in the project finance models applied to the many projects in our pipeline.
• Implement the terms of the tax equity, construction debt, term debt, cash equity, etc., financing in the project finance model templates.
• Communicate our underwriting standards to internal stakeholders and implement them in the project finance models.
• Develop and maintain relationships with external capital providers to continually improve the velocity and cost of capital.
• Serve as a reliable representative of the project finance team on internal project teams and in internal discussions.
• Support presentations and reports on transaction status, risks, and benefits to the Vice President of Project Finance and Clearway’s executive leadership team.
• Support the development team by advising on anticipated financing terms and assisting with the development, pricing, and origination of new renewable energy acquisitions and development projects.

Requirements

• Bachelor's Degree in Engineering, Math, or Science with business or finance experience, OR a Finance, Business, or Economics degree.
• Minimum of 1 year of work experience or internship in energy project finance
• A positive attitude, highly motivated, and the ability to maintain a culture that is based on teamwork, respect, and integrity.
• Excellent written and verbal communication skills, and the ability to communicate complex issues in a clear, concise manner.
• Diligent, detail-oriented, rigorous, and creative.
• Advanced Excel skills and Project Finance modeling (i.e., discounted cash flow with multiple parties) experience.
• Experience creating reusable Excel templates, instead of single-use/purpose spreadsheets.
• Understanding of data tables and databases.
• Ability to use AI ethically and effectively to streamline workflows.
• Ability to thrive in a collaborative environment that emphasizes attention to detail, meeting deadlines, and working together to achieve company-wide goals.
• Ability to handle numerous activities and set priorities.
• Ability to coordinate and work as a team as well as contribute individually.
• Experience collaborating with internal deal teams as well as external consultants and lawyers to meet deadlines.
• Excellent communication skills, both written and oral, including the ability to convey ideas and positions clearly.
• Background with VBA, Python, etc., and an interest in becoming an expert through working on real-world projects.