Associate, Project Finance

AES Corporation; Salt Lake City (UT); On-site; USD 108,000 - 135,000; Full time

Benefits offered by this job

Medical coverage

Dental coverage

Vision coverage

Life insurance

401(k) eligibility

Paid time off

Job summary

AES Corporation in Salt Lake City, UT seeks an Associate in the Project Finance Group to model debt and tax equity and support capital-raising processes from start to close.

You will collaborate with deal teams, prepare financing proposals, and coordinate with appraisers, engineers, and other third parties to advance project financings.

Qualifications

• 4+ years of experience in project finance, investment banking, M&A, or similar
• Must have experience working in complex financial models
• Diligent and detail oriented; able to deliver accurate results from complex modeling

Responsibilities

• Extensive financial modeling in Excel to assess debt and tax equity structures
• Coordinate data room readiness for third-party capital providers
• Prepare financing proposals and market terms for debt and tax equity
• Assist manager in negotiating financing structures with financial analyses
• Coordinate with appraisers, independent engineers, insurers, and others on project financings
• Support construction financing draws and post-closing hedging responsibilities

Skills

Financial modeling

Advanced Excel

Communication skills

Attention to detail

Teamwork

PowerPoint

MS Word

Project finance experience

Education

Undergraduate degree

Tools

Microsoft Excel

Microsoft 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 $108,000 and $135,150/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).

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.

The deadline to apply for this role is 10/31/2026.

Accelerating the future of energy, together Our people are our energy and have transformed AES into the type of energy company that the world needs today and in the future.

Coming from all walks of life, our people share a passion for improving lives by advancing the energy sector through innovation, collaboration and action. We are working in an industry that requires new thinking and ways of working together to create solutions that are both economically and environmentally viable, not just one or the other.

We are looking for passionate people to join us in our mission to accelerate the future of energy. Are you ready to join us? www.aes.com/careers