Senior Project Finance Analyst

Company Description

Apex Clean Energy was founded with a singular focus: to accelerate the shift to clean energy. Through origination, construction, and operation of utility-scale wind, solar, and storage facilities, distributed energy resources, and green fuel technologies, Apex is expanding the renewable frontier across North America. Our mission-driven team of more than 400 professionals uses a data-focused approach and an unrivaled portfolio of projects to create solutions for the world’s most innovative and forward-thinking customers. For more information about how Apex is building the energy company of the future, visit apexcleanenergy.com.

Apex strives to excel in every phase of project realization, from origination and financing to construction and asset management. Our mission-driven team seeks determined, resolute individuals who strive to innovate and go above the call of duty, and who will relentlessly do their part to help accelerate the shift to America’s clean energy future. 

Job Description

We are currently seeking a Senior Project Finance Analyst to help us accelerate the shift to clean energy by contributing to the team through analysis, forecasting, and modeling. The Senior Project Finance Analyst will join a team of Project Finance professionals who source, negotiate, and execute project sales and structured financings, including project sales, joint ventures, construction financing, back leverage, and tax equity financing.

The Senior Project Finance Analyst will support project valuation, due diligence, and execution of project transactions and investment decisions for utility-scale wind, solar and battery storage projects. This role will be critical in the business helping to develop and maintain relationships with a variety of banks and investors in the renewable energy space; as well as knowledge of current trends, activities, and changes within the industry at-large.

Our ideal candidate has a background in finance and experience in renewable energy and evident comfort in and passion for project finance analysis.  An understanding of the process for developing, constructing, and operating a renewable energy project is preferred. The candidate has extensive experience using Excel and has a solid understanding of financial concepts such as time value of money, internal rate of return, cash flow analysis, debt, bond financing and tax credits. You are keen to use those skills to support our finance and development teams in all aspects of project economic forecasting, including financial modeling of contracts, operating assumptions, cash flows, tax benefits, and other incentives. The Senior Project Finance Analyst will lead or assist with structuring cash and tax equity investment, project debt, and sensitivity analyses. 
 

Responsibilities: 

• Assist or lead every aspect of the project financial model for mid-stage and late-stage development assets, including project offtake bidding and structuring long-term capital.
• Maintain project models with current and updated assumptions.
• Model economics of project documents, including land leases, interconnection agreements, power purchase agreements, O&M agreements, etc.
• Monitor and model various financial structures (project finance debt, equity, PTC/ITC, grants and other incentives, depreciation benefits, lease financing, tax equity investments, etc.).
• Perform sensitivity analysis on project models.
• Provide narrative analysis on financial models for project financing and investment consideration.
• Compile and maintain support files to justify project assumptions.
• Assist in building models, tools, process, and infrastructure that supports the organization's accuracy, efficiency, and scalability.
• Support various aspects of a project sales and financing such as due diligence and commercial negotiations.  Lead specific closing deliverables such as Appraisal/Cost Segregation Reports, Insurance Consultant Report, and Project Closing activities.
• Interface with stakeholders across the organization to capture information relevant to the financial returns of leads, opportunities, and projects under development
• Support projects that are operational and financed by Apex, including refinancing activities, consent processes, financing document compliance, and modeling
• Monitoring power markets including structured energy transactions

Qualifications

To succeed as a Senior Project Finance Analyst at Apex Clean Energy, you’ll need to excel within the following criteria:

• Degree in finance, economics, energy/environmental policy, engineering or other quantitative and related discipline.  Graduate degree or CFA preferred
• Minimum 5 years of hands-on project finance experience with renewable energ