Senior Analyst, Origination

Remote; San Francisco (CA); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Health insurance

401(k) options

Professional development opportunities

Paid time off

Job summary

Reactivate, an Invenergy company, is seeking a Senior Analyst, Origination to own market fundamentals reporting and revenue modeling for solar, storage, and DG projects. You translate market data, forecasts, and regulatory changes into pricing recommendations and deal economics for strategic origination and investment approvals.

You will build dashboards, coordinate with cross-functional teams, and manage vendor price curves while supporting M&A diligence in multiple state markets.

Qualifications

• Bachelor's degree in Economics, Finance, Engineering, or related field.
• 3-5+ years in renewable energy origination or related analytical role.
• Strong Excel skills for pricing forecasts and tracking program economics.
• Familiarity with community solar programs and interconnection processes.
• Advanced Excel modeling skills; experience with data visualization tools.
• Proficiency in Python/SQL and CRM (Salesforce) experience.
• Ability to read regulatory filings and tariff structures.

Responsibilities

• Produce market fundamentals reports covering energy, capacity, and REC markets across ISOs/RTOs.
• Model revenue stacks for solar, storage, and solar-plus-storage projects.
• Maintain revenue models under various offtake structures and contracts.
• Coordinate with Finance, Product, and Origination to align pricing assumptions.
• Review third-party price curves; document methodology and reconcile differences.
• Support M&A diligence and manage communication with sellers and advisors.

Skills

Excel

Advanced Excel modeling

Python

SQL

Written communication

Salesforce

Data pipelines

Regulatory analysis

M&A experience

Market data analysis

Renewable energy knowledge

Education

Bachelor's degree in Economics, Finance, Engineering, or related field

Advanced degree a plus

Tools

Power BI

Tableau

PLEXOS

Aurora

PowerSimm

Job description

About Reactivate

Reactivate, an Invenergy company, is a mission-driven organization that develops, owns, and operates renewable energy solutions that are designed to improve quality of life for communities, with a focus on meaningful benefits for working-class people across the country. Focus areas include community solar, commercial & industrial solar, small utility-scale solar, energy storage, and EV charging projects. By delivering economic development and energy resiliency with renewable energy solutions, Reactivate provides energy cost savings, job opportunities, workforce training, and opportunities for businesses, while creating positive social and environmental impact.

Reactivate was founded by Invenergy and Lafayette Square.

To learn more, visit us at www.reactivate.com.

We are thrilled to become Great Place to Work Certified! The Great Place to Work Certification is the most definitive "employer-of-choice" recognition that companies aspire to achieve. It is the only recognition based entirely on what employees report about their workplace experience - specifically, how consistently they experience a high-trust workplace. Great Place to Work Certification is recognized worldwide by employees and employers alike and is the global benchmark for identifying and recognizing outstanding employee experience. Every year, more than 10,000 companies across 60 countries apply to get Great Place to Work Certified.

The Senior Analyst, Origination will support and be the analytical and coordination hub of the Origination and Contracting team, owning market fundamentals reporting, price curve management, revenue modeling, and day-to-day management of M&A. This role translates market data, vendor forecasts, and regulatory developments into pricing recommendations, deal economics, and decision-ready analysis that support origination strategy, PPA structuring, and investment approvals across Reactivate’s distributed generation, community solar and storage portfolio.

Responsibilities

• Produce recurring market fundamentals reports (monthly/quarterly) covering energy, capacity, REC/SREC, and ancillary service markets across key ISOs/RTOs (e.g., PJM, NYISO, ISO-NE, MISO, ERCOT, CAISO)
• Track and interpret drivers of power prices, load growth (data centers, electrification), supply additions and retirements, transmission constraints, and policy changes
• Monitor forward curves, broker quotes, and market transactions to benchmark PPA pricing and identify shifts in offtake market conditions
• Maintain market intelligence dashboards and summaries for leadership, origination, and finance stakeholders
• Serve as the internal owner of third-party price curves from fundamentals vendors
• Ingest, validate, version, and archive vendor curves; reconcile differences across vendors and releases, and document methodology changes
• Build and maintain revenue models for solar, storage, and solar-plus-storage projects under various offtake structures, including physical and virtual PPAs, fixed-shape and as-generated contracts, tolling agreements, hedges, and merchant tails
• Model revenue stacks including energy, capacity, RECs/SRECs, ancillary services, energy arbitrage, and community solar/DG compensation (e.g., Illinois ABP REC pricing, NY VDER/Value Stack)
• Research utility tariffs and state-specific regulatory frameworks (e.g., net metering rules, community solar program rules, rate case outcomes) to inform origination strategy
• Monitor, screen, and review utility and load-serving entity RFPs for energy, capacity, RECs, storage, and DG/community solar procurement, and summarize eligibility, product definitions, evaluation criteria, credit and security requirements, and key dates for go/no-go decisions
• Prepare market updates, origination materials, pricing memos, and deal summaries for internal approval and external counterparties
• Coordinate with Finance, Product, and Origination teams to align pricing assumptions with the deal pipeline in Salesforce
• Manage internal M&A review process, coordinate with internal departments and be point of contact for communication with Sellers

Requirements

• Bachelor's degree in Economics, Finance, Engineering, or related field; advanced degree a plus
• 3 - 5+ years of experience in renewable energy origination, community solar program administration, utility regulatory analysis, or a related analytical role
• Strong Excel skills for building pricing forecasts and tracking program economics over time
• Familiarity with community solar and distributed generation program structures (Illinois Adjustable Block Program, NY VDER/Value Stack, or similar state programs) and interconnection processes
• Working knowledge of utility tariff and program adder structures, with ability to read and extract relevant terms from program administrator guidance, PUC/PSC filings, and rate schedules
• Advanced Excel modeling skills, including building integrated revenue models, scenario tools, and sensitivity analyses from scratch
• Solid understanding of wholesale power market fundamentals, including LMP pricing, capacity markets, REC markets, and basis/congestion dynamics
• Experience working with third-party price forecasts and forward curves, and the ability to critically evaluate vendor methodologies and assumptions
• Proficiency in Python,SQL or similar tools for data pipelines, curve processing, and automating recurring analysis, CRM (salesforce) experience
• Ability to manage multiple concurrent workstreams across different state markets
• Strong written communication skills; ability to translate technical/regulatory detail into clear, decision-ready summaries
• Comfort acting as an external-facing point of contact with sellers, advisors, counsel, and counterparties, with sound judgment on when to upscale
• Experience supporting or managing M&A diligence or project acquisition processes in renewable energy or infrastructure
• Eligible to work in the United States without the need for employer visa sponsorship now or in the future

Preferred Qualifications

• Experience with storage dispatch or production cost modeling tools (e.g., PLEXOS, Aurora, PowerSimm, or custom optimization models)
• Experience with data visualization tools (Power BI, Tableau)
• Exposure to ISO market data sources and APIs (e.g., PJM Data Miner, NYISO OASIS, Yes Energy)
• Familiarity with tax credit structures (ITC/PTC, transferability, adders) and their interaction with offtake pricing

The annual base salary for this position is $90,000 - $120,000. Reactivate considers several factors when determining base pay offers such as (but not limited to) scope and responsibility of the role, candidate’s work experience and/or education, training and certifications among other key skills at the time of offer.

Why Reactivate

To support our incredible team and their families beyond the workplace, Reactivate provides an outstanding benefits package effective day one of employment. In addition to medical benefits, 401(k) options, professional development opportunities and a competitive paid time off policy, we allow work flexibility to contribute to a valuable work-life balance.

At Reactivate, we build our teams, cultivate our leaders, and foster an environment where everyone feels valued, respected, and empowered to be their authentic selves. These values are at the core of our organization, strengthening our team and fueling innovation and progress

We strive to create workplaces that reflect the communities we serve, and we believe that our differences enable us to be a better team. We are not just looking for a culture fit - we are looking for a culture add. If you’re looking for a career where your unique talents are celebrated, your voice is heard, and your contributions make an impact, Reactivate is the place for you.

Reactivate is proud to be an equal opportunity employer. All employment decisions at Reactivate are based on business needs, job requirements and individual qualifications, without regard to, race, religion, color, national origin, sexual orientation, sex (including pregnancy), age, gender identity or expression, age, status as a protected veteran, status as an individual with a disability, or any other applicable legally protected characteristics