Project Finance Associate

Are you ready to be part of a company that's not just talking about the future, but actively shaping it? Join The AES Corporation (NYSE: AES), a Fortune 500 company that's leading the charge in the global energy revolution. With operations spanning 14 countries, AES is committed to shaping a future through innovation and collaboration. Our dedication to innovation has earned us recognition as one of the Top Ten Best Workplaces for Innovators by Fast Company in 2022. And with our certification as a Great Place to Work, you can be confident that you're joining a company that values its people just as much as its groundbreaking ideas.

AES is proudly ranked #1 globally in renewable energy sales to corporations, and with $12.7B in revenues in 2023, we have the resources and expertise to make a significant impact as we provide electricity to 25 million customers worldwide. As the world moves towards a net-zero future, AES is committed to meeting the Paris Agreement's goals by 2050. Our innovative solutions, such as 24/7 carbon-free energy for data centers, are setting the pace for rapid, global decarbonization.

If you're ready to be part of a company that's not just adapting to change, but driving it, AES is the place for you. We're not just building a cleaner, more sustainable future - we're powering it. Apply now and energize your career with a true leader in the global energy transformation.

TITLE: Project Finance Associate

LOCATION: Louisville, CO (Teleworking permitted 3 days-a-week)

EMPLOYER: AES Clean Energy Services, LLC

RESPONSIBILITIES:

Extensive financial modeling in Microsoft Excel providing quantitative assessment of optimal debt, tax equity, and land financing structures; Assist manager in negotiation of market leading financing structures by providing financial analysis; Work within the organization to keep models and documentation up to date as the renewable energy project progresses though its lifecycle; Address investor’s due diligence requests with various AES internal teams; Prepare marketing materials for debt and tax equity request for proposals for indicative economic terms; and Provide data and coordinate with 3rd party consultants (including appraiser, independent engineer, insurance, transmission consultants, and others) on project financings.

QUALIFICATIONS:

Job requires a Bachelor’s degree in Sustainable Innovation, Energy Engineering or a related field and 2 years of experience in renewable energy sector with focus on finance or a related field.

Job requires 2 years of experience in each of the following: Advanced financial modelling in Excel for renewable energy, including but not limited to tax equity modelling (HLBV accounting, 704b capital accounts), and construction, bank, bond and loan debt modelling (debt sizing, coverage ratios, weighted average life WAL, amortization profiles, interest capitalization);  Capital structuring optimization to increase return on investments (ROI) through Excel using IRR and NPV functions; Collaborate with cross-functional teams to ensure accurate and up-to-date Capital Expenditure, Energy Revenues, Capacity Revenues, Arbitrage Revenues and projected operational expenses assumptions in the financial models; Develop comprehensive financing marketing materials, including presentations with renewable projects information and value proposition using Investment IRR, Debt Service Coverage Ratios, P90/P99 sizing;  Identify and resolve errors in complex financial models, including Partnership Capital Accounts, HLBV, revenue projections and operating expenses; and Conduct comprehensive risk assessment of renewable energy projects, identifying potential risks to economic valuations/returns and mitigating strategies including CAPEX increases, changes in law, market changes, financing costs, procurement delays and scheduling impacts. Metrics analyzed include PreTax and After Tax IRR, Net Equity contributions, debt sizing, coverage ratios, tax credits eligibility, fair market value, Income-approach value, Cost-Approach value, tax efficiency and Contracted IRR.

Job requires 1 year of experience in each of the following: Review and analyze financing contracts with legal team with focus on legal protections, risks, obligations related to financing indemnities, guarantees, events of default; Coordinate regular communication channels with internal execution teams and external counterparties to ensure deliverables are ready for financial close; Prepare Flow of Funds for tax equity and debt financial closes, ensuring it accurately reflects loan amounts, capital contributions, reserve accounts capitalization, loan payoffs, tax equity bridge loan (TEBL) repayments, interest payments, third party fees payments, and app