Madison Energy Infrastructure
Associate / Senior Associate, Project Finance
New York, NY · Senior
Sponsorship not specified$120k-$140kDetected 6 days ago
PythonSQLFinancial ModelingForecastingExcelValuationCollaborationUnderwritingRenewable EnergyCFA
About the role
- Madison Energy is seeking an Associate/Sr Associate to join our Greenfield Development Project Finance team.
- The Associate/Sr Associate will work closely with greenfield development, investment, and operations teams, owning the financial modeling process from LOI through project approval and often well beyond.
- This role is well-suited for someone who is highly analytical, detail-oriented, experienced working cross-functionally, and interested in supporting disciplined capital deployment to meet growing energy demand.
Responsibilities
- Build, maintain, and refine DCF models for solar, solar + storage, and standalone storage projects.
- Collaborate closely with developers to stress-test project economics, model upside and downside scenarios, and identify levers that can meaningfully improve returns while preserving offtaker priorities.
- Develop and run sensitivity analyses across the full range of pre-construction uncertainties, including production yield, O&M costs, price forecasts, tax treatment, ITC eligibility, FEOC compliance, congestion, accreditation methodologies, and construction timeline, to stress-test returns and inform investment decisions made well ahead of capital deployment.
- Support investment underwriting, project valuation, and strategic development using market forecasts and scenario analysis.
- Track development budgets and model the impact of long-lead costs on cash flow management and project returns as opportunities progress through the pipeline.
- Support development strategy related to market participation, offtake structures, and risk management approaches.
- Partner with internal teams to align market insights with project design, siting, and execution decisions.
- This role will support investment decisions, strategic development initiatives, and market analysis across our renewable and storage portfolio.
- At Madison Energy Infrastructure, we believe in the power of clean energy infrastructure to drive real impact-for our customers, our partners, and the communities we serve.
- We're building a team that thrives on ownership and ambition.
Requirements
- Bachelor's degree in economics, engineering, finance, mathematics, or a related quantitative field.
- 1-5 years of relevant experience in power markets, energy analytics, renewable energy, energy storage, consulting, or investment analysis.
- Strong understanding of U.S. wholesale electricity markets and ISO/RTO market structures.
- Experience modeling or evaluating revenues for energy storage and/or renewable assets.
- Ability to synthesize complex analysis into clear, decision-oriented recommendations.
- Experience with market forecasting tools or vendors (e.g., Aurora, PLEXOS, Enverus, Wood Mackenzie).
- Advanced degree in finance, economics, engineering, or a related field, or equivalent professional certification (e.g., CFA).
- Comfort operating in evolving and imperfect market environments.
- Required
- Preferred
- Familiarity with hybrid renewable + storage projects.
- Exposure to commercial transactions, offtake agreements, or market participation strategies.
- Working understanding of tax equity financing, solar ITC, FEOC compliance, and tax credit eligibility and transfer.
Nice to have
- Advanced Excel skills
- experience with Python, R, SQL, or similar analytical tools preferred.
Compensation
- The actual salary offered may vary depending on job-related factors including, but not limited to knowledge, skills, experience and location.
Benefits
- PTO and company holidays
- Medical, dental, vision
- Employer-paid short-term disability, long-term disability, life insurance
- Professional development stipend
- All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.
Company info
- If you're excited to shape the future of clean energy and be part of a high-performance, high-integrity team, we'd love to meet you.
Equal opportunity
- equal opportunity employer.
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