Associate, Project Finance

AES Corporation; Arlington (VA); On-site; USD 113,000 - 141,525; Full time

Benefits offered by this job

Medical, dental, and vision

Life insurance

401(k) eligibility

Paid time off

Job summary

AES Corporation in Arlington, VA seeks an Associate for the Project Finance Group to model debt and tax equity, assist deal teams through closings, and support capital-raising activities.

The role requires 4+ years in project finance or related fields, strong Excel/PowerPoint skills, and excellent communication abilities. Undergraduate degree required with opportunities for bonus and comprehensive benefits.

Qualifications

• 4+ years in project finance, investment banking, M&A, or similar.
• Experience with complex financial models.
• Detail-oriented and able to deliver accurate results from modeling.
• Excellent verbal and written communication skills.
• Proficient with Excel, Word and PowerPoint.

Responsibilities

• Extensive financial modeling of debt and tax equity structures.
• Support data room preparation and accessibility for capital providers.
• Create marketing materials for debt and tax equity proposals.
• Assist in negotiating financing structures with market terms.
• Coordinate with appraisers, engineers, insurers, and consultants on financings.
• Support construction financing draws and hedging responsibilities.

Skills

Financial modeling

Communication

Attention to detail

Teamwork

Education

Undergraduate degree

Tools

Excel

Word

PowerPoint

Job description

Are you ready to be part of a company that's not just talking about the future, but actively shaping it? Join The AES Corporation, the largest US-based global power company with a team of 8,300 employees across 12 countries. AES has been ranked #1 by BloombergNEF in renewable energy sales to corporations in the US and Americas for five consecutive years, providing electricity for millions of people worldwide. We are proud to foster a strong workplace culture, earning prominent positions in Great Place to Work rankings across the markets where we operate. AES was also named one of the World's most Ethical Companies for the 13th consecutive year in 2026, highlighting our dedication to integrity, transparency, and responsible business practices.

Our spirit of innovation continues to earn industry recognition. AES is the only seven-time winner of the Edison Electric Institute's Edison Awards in the twenty-first century, a distinction honoring global leadership in advancing the electric power industry. If you're ready to be part of a company that's not just adapting to change, but driving it, AES is the place for you. We’re not just building a more sustainable future, we’re powering it.

The Project Finance Group is looking for an Associate to join the team. Key responsibilities of this role include financial modeling of debt and tax equity, assisting deal teams in successfully satisfying conditions precedent to financial closings, and supporting the manager through all stages of the capital raising process.

Principal Duties and Responsibilities:

• Extensive financial modeling in Microsoft Excel providing quantitative assessment of optimal debt and tax equity structures.
• Work within organization to ensure data room is complete and accessible for third-party capital providers.
• Prepare marketing materials for debt and tax equity request for proposals for indicative economic terms.

• Assist manager in negotiation of market leading financing structures by providing financial analysis.
• Provide data and coordinate with appraiser, independent engineer, insurance, transmission consultants, and other third parties on project financings.
• Coordinate with internal and external stakeholders to assist in managing construction financing draws.
• Assist manager in pre and/or post-closing interest rate hedging responsibilities.

Desired Experience and Skills:

• 4+ years of experience in project finance, investment banking, M&A, or similar position, with preference given to renewable-specific and/or transaction-focused experience.
• Must have experience working in complex financial models.
• Diligent and detailed oriented; able to deliver consistently accurate results from complex modeling exercises.
• Excellent verbal and communication skills; able to concisely communicate results to internal and external counterparts.
• Extensive knowledge and capabilities to work in Microsoft Excel, Word and Power Point

• Enthusiastic and fun to work with

Education:

• Undergraduate degree required

AES is an Equal Opportunity Employer who is committed to building strength and delivering long-term sustainability through diversity and inclusion. Respecting all backgrounds, differences and perspectives enables us to improve the lives of our people, customers, suppliers, contractors, and the communities in which we live and work. All qualified applicants will receive consideration for employment without regard to sex, sexual orientation, gender, gender identity and/or expression, race, national origin, ethnicity, age, religion, marital status, physical or mental disability, pregnancy, childbirth, or related medical condition, military or veteran status, or any other characteristic protected under applicable law.

E-Verify Notice: AES will provide the Social Security Administration (SSA) and if necessary, the Department of Homeland Security (DHS) with information from each new employee's I-9 to confirm work authorization.

The expected salary for this position, at commencement of employment, is between $113,000 and $141,525/year; however, base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position also includes annual bonus. The benefits offered for this position are: medical, dental, and vision coverage, life insurance, 401(k) eligibility, and paid time off (including vacation, sick leave time, and parental leave). Details of participation in these benefit plans will be provided if a candidate receives an offer of employment. If hired, employee will be in an "at-will position" and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.