Development Analyst

Middle River Power • Chicago, IL

7d • Hybrid

About The Position

Middle River Power (MRP) is a private equity-sponsored platform specializing in the investment and asset management of U.S. power generation facilities. With over 8GW of natural gas, coal, battery storage, and solar facilities across multiple states, the company focuses on safe, reliable, and efficient power plant operations. MRP’s executive team collectively brings over 120 years of expertise in energy management and power generation, collaborating closely with plant personnel and industry professionals. MRP applies a data-driven approach to investment and operational decisions, considering key factors such as regulatory changes and resource planning. Learn more at middleriverpower.com. At MRP, we believe that experienced leadership, capable emerging talent, and strong partnerships enable us to deliver innovative, outsized solutions in the energy sector. This framework ensures every hire strengthens our culture of curiosity, collaboration, and commitment while maintaining the speed and flexibility our business demands. The Behaviors We Hire For Our business thrives on a set of behaviors that allow our team-based culture to reach high standards and build on one another’s strengths. MRP is a PE-backed environment that requires operating at pace, calculated risk-taking, and creative problem-solving. The people we hire must excel not only in their technical domain but also embody the behaviors that make us successful. · Love What You Do - Genuine curiosity for the energy sector and our business · Collaborate to Win - Works across teams; believes partnership delivers results · Comfort with Ambiguity - Adapts to growth and change; solves problems resourcefully · Innovation Over Status Quo - Brings fresh thinking and challenges assumptions · Confident & Honest - Owns their contribution; transparent about what they don't know · Progressive Problem Solver - Guides problems to solutions; works hard to get it done · Here for the Long Term - Committed to building a career and business with others Position Summary Middle River Power is seeking a Development Analyst to join our development team. This role offers early-career professionals the opportunity to work across the full lifecycle of conventional and hybrid power generation projects — from initial site and market assessment through interconnection, permitting, financing, and execution. This individual will support senior development staff on a portfolio of active projects, with a primary focus on financial modeling, market research, and strategic analysis support. Day-to-day responsibilities will span the construction and maintenance of project-level pro forma models (including debt sizing, tax equity structuring, and returns analysis), interconnection and permitting research and support, counterparty and market research, and coordination across internal workstreams including engineering, legal, and regulatory. The ideal candidate brings a strong foundation in development finance and energy, an analytical mindset, and genuine intellectual curiosity about the energy sector. Prior internship experience in project finance, private equity, or energy development is preferred. Familiarity with power markets and an understanding of the regulatory and commercial frameworks governing generation assets is a plus, though not required.

Requirements

• Bachelor’s degree in engineering, energy, economics, finance, or a related field
• 1-3 years in power, gas, or energy markets; experience in risk, trading support, or analytics preferred
• Proficiency in Excel
• Understanding of energy markets, regulatory and interconnection processes for new power generation
• Strong quantitative and analytical abilities, comfort working with large datasets
• Proactive, self-starter mindset; strong communication and collaboration skills

Nice To Haves

• Familiarity with Python, Power BI, or Tableau a plus
• Familiarity with power markets and an understanding of the regulatory and commercial frameworks governing generation assets is a plus, though not required.

Responsibilities

• Build forecast and scenario analyses to evaluate project viability commercial decision-making
• Create and maintain dashboards, models, and tools to improve visibility into development pipeline and opportunity set
• Work with commercial, M&A, finance, and technical teams (interconnection and environmental) teams to evaluate market dynamics, support contracting and drive favorable project timelines.
• Contribute to market views, permitting, regulatory and interconnection understanding and process.
• Prepare clear, structured reports and presentations for internal and external audiences

Benefits

• Medical, vision, dental coverage for employees and families is 90% employer-funded
• FSA and HSA plans with company HSA contributions
• 15 days of PTO, company holidays, and two floating holidays
• Employee EAP and wellness services
• Parental Leave
• 401k with company matching up to 4%

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level