EDP Renewables is a global leader in the renewable energy sector and currently operates in more than 25 markets. With eight offices and several sites, at EDP Renewables North America, we are experienced developers and operators of renewable energy. Our portfolio includes wind farms, solar parks, energy storage projects, and green hydrogen solutions throughout the continent. We are ranked among the top 5 in the U.S. in operational renewable energy capacity.
Our company is part of EDP, a global energy group present in around 30 markets with a particular emphasis on renewable energies. With more than 45 years of experience, we have been consolidating a relevant presence on the world energy scene based on the commitment to be all-green by 2030, leading the energy transition. With more than 13,000 employees around the world, we are committed to using our energy and heart to drive a better tomorrow.
Role Overview
The Capital Markets Associate will assist in the execution of financing deals, including tax equity partnerships, for renewable energy projects. This role is responsible for preparing financial models and conducting valuation analysis for tax equity funding under the supervision of more senior team members. The Capital Markets Associate will support transaction processes, including due diligence and document review, while developing an understanding of the distributed generation solar and storage sectors. Additionally, the Capital Markets Associate will support internal teams, including M&A, Business Development, and other internal and external parties. This position offers exposure to the full tax equity financing process and provides opportunities to learn from more senior and experienced team members.
Main Accountabilities:
- Support the Capital Markets team, providing assistance with team needs and goals
- Analyze and understand tax equity, debt, and other financing transactions for distributed generation scale solar projects
- Prepare financial models and conduct valuation analysis for tax equity financings of renewable energy projects, presenting results for review by senior team members
- Support transactions by participating in due diligence, document review, and coordination with internal and external stakeholders
- Develop knowledge of the fundamentals of distributed generation solar and storage projects, including the value chain and associated technologies
- Collaborate effectively with colleagues and stakeholders across various teams to ensure successful project execution
- Support the preparation and review of transaction-related documents and assist with legal and financial due diligence during the execution phase
- Develop an understanding of regulatory environments and financial incentives that impact the profitability and viability of distributed generation projects
- Demonstrate advanced proficiency in Excel and key systems used for financial analysis and modeling
- Manage time efficiently by prioritizing key deliverables and responding to deadlines in a fast-paced work environment
- Communicate effectively with both internal and external stakeholders, providing clear and concise updates on project status
Direct reports:
Travel: Less than 25%
Employment type: Full-Time
Work site: Hybrid Model
What we are looking for:
Minimum Requirements:
- Bachelor's degree in finance, engineering, economics, or related field;
- 1-3 years of experience in finance or renewable energy, with a focus on financial modeling and analysis required
- Minimum 1+ years of Distributed Generation (DG)/Solar experience required
- Basic understanding of renewable energy finance structures, particularly within the solar industry
- Proficiency in Excel for financial analysis and modeling, with strong analytical skills
- Familiarity with tax equity financing rules and renewable energy incentives is a plus
- Strong communication skills, both written and verbal, with the ability to collaborate effectively with internal and external stakeholders
- Demonstrated ability to manage time effectively and prioritize multiple tasks in a dynamic environment
- Willingness to learn new concepts in renewable energy financing and participate in the transaction execution process
- Experience with Microsoft Office products, especially Excel, and financial analysis tools.
Behavioral Requirements:
- Demonstrate initiative and willingness to learn new concepts in renewable energy financing
- Ability to understand and support the strategic objectives of the team with guidance from senior team members
- Adapt to a dynamic, fast-paced environment with competing priorities, showing flexibility in handling multiple tasks
- Strong attention to detail, with focus on accuracy in financial analysis and modeling
- Effective interpersonal and problem-solving skills, fostering collaboration with collegues and external stakeholders
- Strong written and verbal communication skills, with the ability to convey complex information clearly to both technical and non-technical audiences
- Self-motivated, with a desire to learn and grow within the renewable energy and finance sectors
- Ability to work effectively as part of a team, demonstrating cooperation and support for team goals
- Manage time effectively, meeting deadlines and ensuring the timeline completion of deliverables.
Physical demands & working conditions
- Sitting/Standing/Flexibility: Ability to stand and sit for 8 or more hours when in an office environment
- Speech/Reading: Ability to speak, read, and write English proficiently and deliver a variety of instructions furnished in written, verbal, diagram, or schedule form
- Lifting: Ability to lift items weighing up to 10 pounds
- Vision/Hearing: Ability to understand a variety of instructions furnished in written, verbal, diagram, or schedule form
- Safety: Ability to understand and communicate safety precautions when necessary
Equal opportunities for all
Our vision is that each person combines their unique characteristics and experiences to fulfill our mission of creating new energy for the planet. We are an inclusive employer, ensuring all candidates are treated fairly throughout the recruitment process. We welcome and value all people, and we are committed to fostering a sense of belonging for each person who is part of the EDP group.
This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. EDP makes hiring decisions based solely on qualifications, merit, and business needs at the time. For further information, please review this notice from the Department of Labor: EEO is the Law poster (https://www.eeoc.gov/poster). You may have additional rights pursuant to recent amendments to federal labor laws. Please review these protections from the EEO is the Law Supplement (https://www.eeoc.gov).
Salary hiring range: $90,000 - $110,000
Our salary ranges are based on paying competitively for our size and industry and are one part of many compensation, benefits, and other reward opportunities we provide. Individual pay rate decisions are based on several factors, including qualifications for the role, experience level, skillset, and balancing internal equity relative to peers at the company. We expect most of the candidates who are offered roles at our company to fall healthily throughout the range based on these factors.
The range above is for the expectations as laid out in the job description. However, we are often open to a wide variety of profiles and recognize that the person we hire may be less experienced (or more senior) than this job description as posted. If that ends up being the case, the updated salary range will be communicated to you as a candidate. The salary range above is for the posting location specified. As a company, we have a location-based strategy, which means the salary range could be lower or higher than this if the role is hired in another location.
Need more reasons to apply?
As a top employer we:
- Empower our employees through a positive and innovative work environment that promotes collaboration and agile decision-making;
- Respect and value each person, providing a flexible, healthy, and inclusive workplace with a range of attractive benefits;
- Provide a meaningful work experience and prepare our people for future challenges through different opportunities for development and internal mobility;
Our efforts have resulted in several distinctions over time, highlighting the EDP group's strong positioning and its dedication and commitment to attracting and retaining the best talent:
- Top employer certification by Top Employers Institute
- Part of the Bloomberg Gender-Equality Index
- Global certification as a family-responsible company by Fundacion Masfamilia
- Top 100 Workplaces by Houston Chronicle
Discover our tips to enhance your performance during the recruitment process and apply until February 1, 2025, if you think you are the right fit for this opportunity.
EDPR
Jan 08, 2025