newleafenergy

newleafenergy

Structured Finance Associate, IPP

Lowell, Massachusetts, United States

Sponsorship not specified$104k-$121kDetected 47 days ago
Project ManagementFinancial ModelingExcelCommunicationCollaborationRenewable Energy

About the role

  • New Leaf Energy, Inc. is seeking a Structured Finance Associate to join our team supporting our Power Plants division.
  • This position may be filled out of our Boston, MA or Lowell, MA offices.
  • We value in-person collaboration and offer a hybrid work environment.

Responsibilities

  • Maintain complex, project and portfolio-level financial models to evaluate project returns (IRR, NPV), cash flows, and sensitivities
  • Support Manager of Structured Finance and third party diligence providers in performing diligence on projects offered to IPP by DevCo with respect to real estate, project permitting, and interconnection, and other development items
  • Monitor and ensure compliance with the condition precedents (CPs) agreed to by IPP in existing financing agreement(s) in support of drawing down on committed funds in a timely manner
  • Manage the day to day operations needed to support the capital structure, including compliance, reporting, and execution of supplemental funding agreements. Execute on the standard work needed for this to run smoothly and efficiently.
  • Support all new capital transactions, including serving as deal support on additional rounds of PPD financing. Perform project management of internal and external resources to ensure efficient execution and a smooth deal close
  • Manage data rooms and respond to investor inquiries during capital-raising processes.
  • New Leaf Energy is an experienced clean energy developer that partners with landowners, policymakers, and other stakeholders to accelerate the transition to a world powered by renewable energy.
  • We identify high-value sites, work with landowners and local communities to develop them, and partner with long-term asset owners to bring the most impactful clean energy projects to life.

Requirements

  • Bachelor's degree in Finance, Economics, Business, or a related quantitative field
  • Strong attention to detail and project management skills required;

Nice to have

  • Advanced Excel modeling skills (VBA is often a plus) and a deep understanding of Project Finance mechanics.

Compensation

  • New Leaf Energy compensates all employees in three ways: market-competitive base salary, plus above-market variable compensation, plus an equity-like program such that all employees experience the benefits of ownership.
  • We use a data-driven and transparent methodology to calibrate compensation that is externally competitive and internally equitable, guided by the New Leaf Energy compensation manual, which is available to all employees.
  • Under our compensation framework, the likely base salary range for this position in Lowell is $104,430 - $121,120.
  • The on-target annual cash bonus associated with this position is an additional 10% percent of base salary.
  • Your actual salary may be above, in, or below this range, depending on your location and experience.
  • Our office locations in Lowell, Boston, Oakland, and Chicago all carry geography-based upward adjustments to the base pay range.

Benefits

  • Competitive salaries and comprehensive benefits, including medical, dental and vision;
  • A 401k plan with immediate vesting and a company match (100% of the first three percent of your pay; 50% for the next two percent you contribute);
  • A parental leave policy for both birthing and non-birthing parents, available immediately upon hire;
  • Professional development and education assistance.
  • General understanding of tax equity concepts and different project finance deal structures;
  • Benefits and Culture
  • We offer a flexible work environment that places significant responsibility in independent teams and creates opportunities for innovation and personal growth.
  • New Leaf Energy's benefits are designed to appropriately recognize our employees' contributions and enable a reasonable work/life balance.
  • Our benefits include:

Company info

  • A hybrid work location policy that supports working from home for part of the week;

Equal opportunity

  • Commitment to Diversity and Inclusion

This listing is sourced directly from newleafenergy's careers page and normalized into a canonical job model.