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.
We are looking for a Solar Energy Analyst.
The solar energy analyst will be responsible for site evaluation, financial modeling, due diligence, and market research for solar and/or storage project development, portfolio acquisitions, and JV structuring with 3rd party developers in the US and Puerto Rico.
Essential Responsibilities & Duties
- Develop and manage bankable financial models analyzing the economics of solar (and solar plus storage) projects, portfolio acquisitions at NTP, and tax-equity or debt transactions.
- Develop and maintain data rooms for use in financing transactions. Compile, prepare and/or document all pre-NTP documentation.
- Diligence and identify incentives and/or rate tariff data and market data relevant to modeling financial returns available from BESS and/or solar projects nationwide.
- Run RFPs for various third-party services and/or for solar components.
- Draft investment memos detailing market analysis and returns sensitivities for potential project and portfolio acquisitions. Communicate results and recommendations to the management team.
- Review and prepare term sheets for acquiring projects and portfolios.
- Support third party capital raises, including debt, tax equity, refinancing’s and project equity structures that allow the company to efficiently finance projects and optimize returns.
- Collaborate across internal teams including Development & Construction, Engineering, and Asset Management to develop underwriting assumptions.
- Manage due diligence including third-party diligence activities performed by outside legal, appraisal, econometric forecasting, regulatory and other consultant activities.
- Review purchase agreements, operating agreements, financing agreements, host site and offtake agreements. Lead and/or support contract negotiations.
- Support the Origination team to grow the development pipeline. Determine competitive bid pricing based on modeled sensitivity analysis, potential capital structures and market dynamics.
- Review purchase agreements, operating agreements, financing agreements, host site and offtake agreements. Lead and/or support contract negotiations.
- Compile, prepare, and/or document all pre-NTP documentation.
- Experience with modeling energy islanding opportunities and microgrids is helpful, but not required.
Requirements
- Demonstrated financial acumen and experience developing and building complex financial models using Microsoft Excel including GAAP, tax, and partnership accounting
- Minimum of 3-4 Years’ experience working in the US solar market at a development firm, investment bank, financial investment firm, or related entity.
- Experience working in the east coast community solar market would be a plus
- Possess 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.
- Proven track record of working well within a team environment, and taking ownership of processes and procedures.
- Excellent interpersonal skills, highly motivated and results oriented, process oriented with strong organizational and communication skills. Attention to detail and the ability to set and meet realistic deadlines in a fast-paced environment.
- Strong English language writing skills.
- Proficient on MS Word, Access, PowerPoint, etc.
- 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 the leadership team, which includes our CEO, President and Managing Partner