Intern, Portfolio Finance

Clearway Energy Group; San Diego (CA); Hybrid; USD 29,000 - 33,000; Full time

Job summary

Clearway Energy Group is offering a 10-week Summer Internship in San Diego for a Portfolio Finance Intern, reporting to the Senior Director. You will work on funding processes with tax equity and lenders, and participate in live deal team activities to support financing efforts.

You must be a junior pursuing a bachelor’s degree in Finance, Business, Engineering, Math, Economics, Tax, Accounting or related field, with strong Excel and financial modeling skills.

Qualifications

• Advanced Microsoft Excel skills and core finance concepts (DCF, TVM, IRR, NPV).
• Pursuing a bachelor’s degree in a related field with strong academic performance.
• Strong attention to detail and ability to meet deadlines.

Responsibilities

• Refine Excel-based project finance tracking models with new functionality.
• Update cash distribution waterfall and monitor life-to-date cash flows.

Skills

Advanced Excel

Financial modeling

Attention to detail

Team collaboration

Communication skills

VBA

Education

Bachelor's degree in Finance, Business, Engineering, Math, Economics, Tax or Accounting

Tools

VBA

Job description

Who We Are Looking For

Clearway Energy Group LLC’s Portfolio Finance team is seeking a summer intern, reporting to theSeniorDirector of Portfolio Finance.ThePortfolio Financeteamis responsible forleading the fundingand term conversionprocesswith tax equity investors, cash equity investors and lendersfor Clearway’s utility-scale wind, solar and battery energy storage projects. In addition, the Portfolio Finance team leads operating-period asset optimization transactions including refinancings, acquisitions of investor interests in our partnerships and other asset restructurings.Lastly, thePortfolio Financeteam managesseveraloperating projectreporting deliverables such as cash distributions and tracking models.

This position is part of the 10-week Summer Internship Program at Clearway Energy Group beginning on June 1, 2026.

We are looking for current juniors pursuing abachelor’sdegree inFinance, Business,Engineering,Math,Economics,Tax,Accountingor related field.

Throughout this summer internship program,you’llget exposure to real projects and challenges while gaining first-hand professional experience. At Clearway,you’llgain access to an innovative and fast-paced work environment.You’llalsoparticipatein networking and learning events with your fellow intern cohort.

If youdon’tmeet 100% of the qualifications but see yourself contributing, pleasesubmityour resume.

This is a hybrid role that will be based in the San Diego Office. Our hybrid policy is that employees are in-office on Tuesdays& Thursdays.

Program Timeline:(subject to change)

Applications Close:January 30

Interviews:February - March

Final Decision:March 31

Program Dates:June 1 – August 7

Clearway will not sponsor nonimmigrant visas for this position (H-1B, TN, E-3, J-1 etc.) or provide anyassistancein support of any other form of immigration sponsorship or benefit including OPT or CPT.

What You'll Be Doing

ThePortfolio FinanceIntern’sprimary responsibilitiesmayinclude:

FinancialModel Optimization

• RefineMicrosoftExcel-based project finance“tracking models”,which are used to track equity investor returns, with new functionality that allows for streamlined updating of “actuals”,valuation of life to date andfuturecash flows, and implementation of“scenario analysis” tools.
• Modifications to cash distribution waterfall files, which allow Clearway to project distributions through the capital stack.

Live Transaction Support

• The Portfolio Finance Intern will bea key member of a live “deal team” overseeing the upcoming funding process for one of Clearway’s utility-scale wind, solar orbattery energy storageprojects. The Portfolio Finance Intern will be tasked with creating and/or overseeing thetransactionchecklist of documentation deliverablesrequiredfor funding, bringdown financial model updates checklist, and other processes that help the deal team prepare for funding.

• Coordinate with internal teams, including Construction, Development, Accounting and Legal, to advance certain deliverablesrequiredfor funding.
• Support presentations and reports on transaction status, risks,and benefits to theLeadership Team.

The Portfolio Finance Intern will be assigned to an individual project and will present results to the team and leadership at the end of the internship on August 4th.

What You'll Bring

• AdvancedMicrosoftExcel skillsand understanding of key financial concepts such asdiscounted cash flow analysis, time value of money, internal rate of return, and net present value.

• Ability to work well in a collaborative environment that emphasizes attention to detail, meeting deadlines, and working together to achieve company-wideand deal-specificobjectives.

• Intellectual curiosity and an interest in renewable energy.

• Strong interpersonal skills.You’rewilling to ask lots of questions, listen to your colleagues, and contribute your ideas.

• Self-motivated, dependable, and accountable. This means showing up, being present, and being eager to dive into the workday. If you ever feel likeyou’vecompleted all your tasks and have time to spare,you’reeager to speak up and ask what else you can do.

• Ability to work independently, multitask,and take ownershipofprojects and assignments.

What Would Be Nice

Preferred Qualifications

• Project Finance modelingexperience(i.e.,discounted cash-flowanalysiswith multipleinvestors).

• Experience working in the poweror infrastructureindustry(ordemonstratedstrong interest).

• Background with VBA and an interest in sharpening those skills through working on real-world projects.

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 not eligible to earn an annual cash bonus, subject to personal and company performance goals.

Salary Range Across All U.S. Locations

$21—$24 USD

Clearway Energy Group is leading the transition to a world powered by clean energy. Along with our public affiliate Clearway Energy, Inc., our portfolio comprises approximately 11.6 GW of gross generating capacity in 26 states, including 9.1 GW of wind, solar, and battery energy storage assets, and over 2.5 GW of conventional dispatchable power generation providing critical grid reliability services. As we develop a nationwide pipeline of new energy projects for the future, Clearway’s operating fleet generates enough reliable electricity to power more than 3 million homes today. Clearway Energy Group is headquartered in San Francisco with offices in Denver, Houston, Phoenix, Princeton, and San Diego. For more information, visit clearwayenergygroup.com.

Our Commitment to Diversity, Equity, & Inclusion
Clearway Energy Group’s vision is a world powered by clean energy. Along with our public affiliate Clearway Energy, Inc., our portfolio comprises approximately 11.8 GW of gross generating capacity in 26 states, including 9.1 GW of wind, solar, and battery energy storage assets, and over 2.8 GW of flexible dispatchable power generation providing critical grid reliability services. As we develop a nationwide pipeline of new energy projects for the future, Clearway’s operating fleet generates enough reliable electricity to power more than 2 million homes today. Clearway Energy Group is headquartered in San Francisco with offices in Denver, Houston, Phoenix, Princeton, and San Diego. For more information, visit clearwayenergygroup.com.

Working at Clearway, Hybrid Together
Here at Clearway, we’re committed to balancing flexibility while fostering strong relationships with our teammates. We do this by prioritizing new hires based near one of our offices in San Francisco, San Diego, Scottsdale, Houston, Denver, & Princeton. Our office-based employees typically work together from fabulous spaces on Tuesdays & Thursdays to collaborate & learn, build community, get to know one another, & enjoy company-provided meals & events.

Clearway Energy is an equal opportunity employer that values a broad diversity of talent, knowledge, experience & expertise. We intentionally foster a culture of inclusion that empowers our employees to deliver superior performance to the communities we serve. We encourage minorities, women, individuals with disabilities & protected veterans to join the team. Clearway is a proud promoter of employment opportunities for our Military & Veterans.

What We Provide
Clearway offers all eligible employees working 20+ hours per week a comprehensive menu of benefits: generous PTO, medical, dental & vision care, HSAs with company contributions, health FSAs, dependent daycare FSAs, commuter benefits, relocation, & a 401(k) plan with employer match, a variety of life & accident insurances, fertility programs, adoption assistance, generous parental leave, tuition reimbursement, & benefits for employees in same-sex marriages, civil unions & domestic partnerships. For more on Clearway benefits, visit our Benefits Website.

Notice to Applicants
Clearway Energy is strongly committed to a philosophy of equal opportunity and fully complies with equalemploymentlaws, ordinances, and regulations for all applicants and employees. We will make reasonable accommodations to enable individuals with disabilities to apply and compete for employment opportunities for which they are qualified. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail [e-mail] let us know the nature of your request and your contact information.

Notice to California Applicants
Clearway Energy is strongly committed to a philosophy of equal opportunity and fully complies withequalemploymentlaws,ordinances and regulations for all applicants and employees.

Job posting details for Intern, Portfolio Finance at Clearway Energy Group in San Diego, California, United States. Compensation / salary range: $21—$24 USDClearway Energy Group is leading the transition to a world powered by clean energy. ClimateTechList gathers 9,000+ job openings from over 523 climate tech companies and updates them daily.