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The Business Development Intern will be part of Clearway’s West Business Development Team. The Business Development Team is responsible for growing Clearway’s utility-scale business through acquisitions and greenfield development strategies. The intern will assist the Business Development team in the valuation, due diligence, and execution of investment opportunities of renewable energy projects. The individual in this highly collaborative position will work with seasoned industry experts both on the business development team and with other teams across the company. In addition to M&A activities, the intern will contribute to the ongoing commercialization of utility-scale solar, storage, and wind assets in our development pipeline. Finally, the intern will also be assigned a special project to help advance in-depth market analysis and broader growth strategies that will be presented at the end of the internship.
Job Responsibility:
Become familiar with and conduct analyses in Clearway’s renewable energy financial modeling environment
Collaborate with cross-functional teams on due diligence and refining project financial model inputs
Perform ad-hoc quantitative analyses to support ongoing origination, development, and financing activities for projects
Assist in the preparation of detailed memos and presentations for senior management and investment committees
Support cross-functional teams in preparation of RFP submittals and ongoing PPA negotiations
Create and manage tools to monitor market activity and track internal origination strategy to identify new growth areas and M&A targets
Support initiatives to improve the set of datasets, tools, and business activities at Clearway
Complete a special project and present that project to the team and leadership at the end of the internship
Requirements:
Interest and fundamental knowledge in renewable energy, cleantech, power markets, or infrastructure finance
Knowledge of the energy industry including regulated and de-regulated electricity markets and project financing structures and key value drivers
Proficiency in Microsoft Office Suite, with advanced Microsoft Excel skills
Ability to work well in a collaborative environment that emphasizes attention to detail, meeting deadlines, and working together to achieve company-wide objectives
Intellectual curiosity and an interest in renewable energy
Strong interpersonal skills
Self-motivated, dependable, and accountable
Ability to work independently, multitask, and take ownership of projects and assignments
Nice to have:
Exposure to renewable energy, including the project development cycle
Experience with Project Finance Models
Some knowledge of governmental mandates, environmental regulations, or customer/market signals that impact or facilitate new development of renewable projects in major markets (CAISO, WECC, ERCOT, MISO, SPP, PJM, NYISO, ISO-NE)
What we offer:
generous PTO
medical
dental & vision care
HSAs with company contributions
health FSAs
dependent daycare FSAs
commuter benefits
relocation
401(k) plan with employer match
a variety of life & accident insurances
fertility programs
adoption assistance
generous parental leave
tuition reimbursement
benefits for employees in same-sex marriages, civil unions & domestic partnerships