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Blue Sky Utility is a unique renewable energy project developer. We develop, finance, own and operate renewable energy projects, mainly in the C&I space; in particular, we are providing cost saving solutions for commercial real estate landlords and tenants. At Blue Sky Utility we combine our extensive engineering knowledge with our financial structuring expertise to create custom solutions, providing tenants and landlords with programs that are both environmentally sustainable and value accretive, while also creating a better tomorrow for our children.
The energy storage Sr. Associate or Analyst will model, diligence and manage utility-scale energy storage project portfolios in multiple states.
Key Responsibilities:
Develop and manage financial models analyzing the economics of storage projects, portfolio acquisitions at NTP, and tax-equity or debt transactions.
- Manage/oversee third-party developers developing projects for acquisition at NTP. Compile, prepare and/or document all pre-NTP documentation.
- Develop and maintain data rooms for use in financing transactions. Review purchase agreements, operating agreements, financing agreements, host site and offtake agreements. Lead and/or support contract negotiations.
- Partner with business development, project management, legal, and senior management. stakeholders to effectively manage financial & project risk to maximize value.
- Negotiate lease terms with host site owners
- Run RFPs for various third-party services.
- Develop relationships with internal stakeholders to effectively understand and convey financial risks and opportunities on the projects. Draft investment memos detailing market analysis and returns sensitivities. Communicate results and recommendations to the management team.
- Review and prepare term sheets for acquiring projects and portfolios.
- Utilize analytical tools and energy modeling software to evaluate energy storage opportunities.
- Act as an in-house expert on energy storage value proposition.
Requirements
- Bachelors degree in Finance, Mathematics, or Engineering. Masters degree preferred
- Experience modeling and financing utility scale, standalone storage projects earning merchant and contracted revenues
- Experience with New York CDG programs / VDER a plus
- Experience working with Fractal Energy modeling software a plus
- Minimum of 4+ years experience working in the US energy market required
- Highly proficient in MS Excel and MS PowerPoint
- Posses a creative thought process with the ability to analyze new markets, opportunities, or financial structures to enhance value. Critical thinking. Ability to solve complex problems.
- Strong analytic skills and attention to detail
- Strong verbal and written communication skills
- CFA a plus
Benefits
What we can offer you:
An amazing team of people. We have doubled our staff this year and maintain a 98% retention rate.
Fair and equitable compensation. There are a wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. A reasonable estimate of the current annual salary range is $130,000-$180,000
Work-life balance with employee physical and financial health at the forefront. We offer medical, dental, vision, STD and employee life insurance as well as a 401K with 6% match. Employees are eligible for all benefits on their first day of employment.
Our diverse, equitable, and inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively. From entry-level employees to senior leaders, we believe that everyone should be heard. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law. We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws. See notices of various ban-the-box laws where available.
What the interview process will look like:
We have a 4-stage interview process:
1 - Screening by HR
2 - Interview with our Chief Development Officer
3- Interview with Development analysts
4 - Interview with our CEO
Blue Sky Utility
