Associate/Senior Associate, Capital Markets
Who We Are
CleanCapital is a diversified clean energy company focused on the middle-market solar and storage industry. Mission-driven to mitigate the climate crisis, CleanCapital leads the energy transition with strategic investments in early-stage, new construction, and operating renewables projects and development partners. To date, the company has invested $1 billion in projects and companies, including the acquisition of BQ Energy, a national leader in landfill and brownfield renewable energy development. The company has successfully acquired and managed over 230 operating and new construction projects in 26 states and one U.S. territory, totaling 460 MW.
Location of Position
Ideally this position would be in our NYC office but can be a remote position for the right candidate, with the expectation that there would be frequent travel to NYC as needed.
What We Offer
Opportunity to join a top-notch, collaborative team of professionals
Fantastic team environment and collaborative culture
Professional development opportunities to grow into an industry leader
100% paid for single and family benefits plus a 401k matching program
The range for this position is $122,500 - $172,500 plus an annual performance-based bonus
Our Commitment to Diversity
CleanCapital is committed to fostering a diverse and equitable workforce reflective of our community while also valuing each persons’ unique perspective, skills, and experiences. CleanCapital does not discriminate against any individual’s race, religion, sexual orientation, gender identity, age or nationality and is committed to promoting a more just and inclusive world through intentional policies and actions.
Position Summary
CleanCapital is seeking an individual to join its capital markets team as an Associate or Senior Associate (title commensurate with experience). The Capital Markets team is responsible for structuring and executing CleanCapital’s financing strategy, including sourcing tax equity, construction debt, and term debt (both bank and non-bank) for the Company’s portfolio of solar and storage assets, as well as sourcing and structuring corporate capital. This position will report initially to the Senior Director, Investments & Capital Markets.
Core Responsibilities
Specific responsibilities include:
Support marketing and origination activities with potential financing partners
Develop confidential information memoranda and financial models with oversight from senior members of the capital markets team
Support structuring, negotiation, and due diligence for financing transactions, including management of third-party consultants and attorneys
Provide tax equity and debt assumptions for project valuations, with oversight from the Senior Director, Investments & Capital Markets
Support internal evaluation of financing options to maximize returns and other strategic goals of the firm
Assist with maintaining CleanCapital’s tax equity and debt financial models
Support the Asset Management team with the preparation of reports and other compliance materials for financing parties
Education Requirements
BA/BS or equivalent in finance, business administration, economics, or a related field
Technical Skills and Experience
Minimum 3 years of experience in the following areas:
Investment banking, power generation, or electric utility industry in investment or business development related roles
Creation and modification of sophisticated Excel based models including financial statement models and valuations/LBO/DCF models.
Auditing of existing financial models to insure 100% accuracy of the assumptions and information
Financial analysis, with experience creating and maintaining Excel models during the investment process
Researching and assessing investment considerations across a wide variety of asset classes and geographies
Experience in renewable energy project finance debt and tax equity required
Psychosocial Skills /Human Skills/Behavioral Skills
Strong analytical, organizational, and problem-solving skills.
Entrepreneurial mindset with the ability to take ideas and run with them from concept to conclusion.
Technical understanding of clean energy business processes
Exceptional verbal and writing communication skills with superiors, peers, partners, and other stakeholders.
Excellent interpersonal skills while managing multiple priorities in a fast-paced and ever-changing environment.
Excellence in Microsoft Office (Word, Excel, PowerPoint)
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. The physical demands of this job require an individual to be able to work at a computer for most of the day, be able to participate in conference calls and travel to team retreats on a time-to-time basis. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Work Conditions
If working remotely, your work environment is what you make of it, however CleanCapital encourages everyone to have a dedicated workspace that, for the most part, can be free of distractions. If working in one of our Corporate Offices, the work environment is usually quiet (normal city traffic noises are common), a blend of artificial and natural light, temperate and generally supports a collaborative work environment. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Equal Employment Opportunity Statement
CleanCapital provides equal employment opportunities to all employees and applicants in all company facilities without regard to race, color, religious creed, sex, national origin, ancestry, citizenship status, pregnancy, childbirth, physical disability, mental and/or intellectual disability, age, military status or status as a Vietnam-era or special disabled veteran, marital status, registered domestic partner or civil union status, gender (including sex stereotyping and gender identity or expression), medical condition (including, but not limited to, cancer related or HIV/AIDS related), genetic information, or sexual orientation in accordance with applicable federal, state and local laws.