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The Capital Markets Intern will be part of Clearway’s Capital Markets Team and will report to the Senior Manager, Capital Markets. The Capital Markets Team is responsible for project finance, valuation, analysis, process improvement, and data systems in the Battery Storage, Utility Solar, and Utility Wind space. In particular, the team is responsible for the analysis, structuring, and execution of non-recourse construction debt, term debt, tax equity, and cash equity (project sale) transactions for renewable energy projects in the United States. This position is part of the 10-week Summer Internship Program at Clearway Energy Group beginning on June 1, 2026.
Job Responsibility:
Model Optimization & Process Improvements: Refine Excel-based project finance model templates
Develop and improve data automation connecting project finance models and financial data systems
Help architect and implement analytical and data infrastructure
Process, analyze, and present findings on market trends, regulations, and industry news
Financial Modeling & Management: Implement financing terms in project finance model templates
Communicate underwriting standards and implement them in model templates
Support running financing processes to secure capital
Support presentations and reports on transaction status, risks, and benefits
Be assigned to an individual project and present results to the team and leadership
Requirements:
Current juniors (expected graduation in Spring 2027)
Pursuing a bachelor’s degree in Engineering, Math, STEM, Finance, Business, Economics, or related field
Advanced Excel skills
Understanding of key financial concepts (financial statements, accrual vs. cash accounting, discounted cash flow analysis, time value of money, internal rate of return, net present value)
Ability to work well in a collaborative environment
Intellectual curiosity and demonstrated interest in renewable energy
Strong interpersonal skills
Self-motivated, dependable, and accountable
Ability to work independently, multitask, and take ownership of projects and assignments
Eager attitude towards learning about the role of the Capital Markets Team
Nice to have:
Project Finance modeling experience (discounted cash-flow analysis with multiple investors)
Experience working in the power or infrastructure industry (or demonstrated strong interest)
Background with VBA and an interest in sharpening those skills
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
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