Direct Energy

Project Finance Analyst

Posted on: 13 Sep 2023

New York, New York

Job Description

At NRG, we’re bringing the power of energy to people and organizations by putting customers at the center of everything we do. We generate electricity and provide energy solutions and natural gas to millions of customers through our diverse portfolio of retail brands. A Fortune 500 company, operating in the United States and Canada, NRG delivers innovative solutions while advocating for competitive energy markets and customer choice, working towards a sustainable energy future. More information is available at www.nrg.com. Connect with NRG on Facebook, LinkedIn and follow us on Twitter @nrgenergy.

NRG’s Tax Equity Advisory Group is looking for an Analyst to join our team, help build up our tax credit vertical business and open up innovative financing enabled by the 2022 Inflation Reduction Act. We are one of the most experienced, entrepreneurial teams in the industry with a track record of success in the renewables sector having originated, developed, financed and placed in operation over 2 GWs of assets. The team has a start-up like culture that requires innovation and agility from all of its team members. The candidate will have a combination of technical proficiency (Microsoft Excel), experience with data analysis, strong communication skills, attention to detail, high levels of organization and a strong interest in origination and closing transactions. This position will be based in New York City.                                                                                                                                               

Reporting to the Head of Tax Equity Advisory, you will play an integral role in the growth of our business and be involved in all aspects of building a scalable platform that can help deploy billions of dollars into the renewables sector.

Duties and Responsibilities:

Including but not limited to the following:

Support then eventually lead transactions with corporate tax credit buyers and sellers.
Originate opportunities, develop and manage RFPs, structure and negotiate term sheets, and manage closing processes with counterparties.
Manage and coordinate activity related to deal documentation
Work collaboratively with members of the internal team
Manage relationships with external vendors (tax credit buyers, sellers, insurance providers, and others)
Help architect and manage operational processes that ensure external partners have the most optimal experience with the business
Assist in the creation of marketing collateral and crafting detailed presentations for clients

Minimum Requirements and Skills:

Bachelor's Degree
3+ years minimum experience in investment banking, consulting or project finance. Renewable energy preferred.
A record of academic and professional achievement, well developed communication skills, the ability to collaborate well with a small team, proven organizational acumen working on multiple projects, and a high level of motivation are vital in this role
Proficiency in using Microsoft Office Suite required
Strategic thinker and problem solver on critical business issues, while simultaneously possessing the ability to tactically execute against them and ‘see around corners’
Strong prioritization skills with the ability to manage multiple projects simultaneously

Preferred Qualifications:

Familiarity with US power
Experience in renewable energy development and/or finance
Project management and operations

Compensation:

The salary range for this role is $75,840 - $136,560. Pay is based on several factors, including but not limited to education, work experience, certifications, etc.

 
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Direct Energy

Houston, TX

Direct Energy is one of North America's largest retail providers of electricity, natural gas and home and business energy-related services with a history of impressive growth. Acquired by Centrica plc in 2000, Direct Energy has steadily grown to approximately 4,000 employees serving over 4 million customers in North America. We're backed by and are a wholly owned subsidiary of Centrica plc with over 25 million customer accounts mainly in the UK, Ireland and North America through strong brands such as British Gas, Direct Energy and Bord Gáis Energy. Centrica is financially strong and is traded on the London Stock Exchange under the symbol CNA.

The North American Headquarters are located in Houston, Texas, with regional offices across the U.S. and Canada, Direct Energy operates in 50 US states, the District of Columbia and eight Canadian provinces.

Direct Energy is one of the largest residential energy retailers in North America based on customer numbers.
Direct Energy Business is one of the largest commercial and industrial retail energy providers in North America, serving more than 240,000 business customers.
We provide the insights our customers need to make smarter decisions, be more efficient, reduce their energy use, and potentially save money.

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