Investment Manager

Origis Energy•White Plains, NY

7d•$150,000 - $230,000•Hybrid

About The Position

Origis Energy is seeking a finance professional for the role of Investment Associate or Manager to join our growing team. This position will assist the Company in evaluating, underwriting and managing investments in utility scale Solar and Battery Energy Storage System projects, evaluating project-level financing options, performance reporting and asset management for existing operational projects. The Investment Associate or Manager is a regular, full-time position, and is eligible for our generous employee benefits package, including employer paid health insurance, paid time off, a 401(k) plan with employer matching contributions, and other great benefits.

Requirements

Expert financial modeling skills are essential; prior financial modeling experience (LBO, Cash Flow, Debt Sculpting)
Intimate knowledge of tax equity and project financing structures, including a deep understanding of tax equity partnership accounting (inside / outside basis)
Ideally 3+ years’ experience in renewable energy development / private equity / investment banking / project finance; 2+ years’ experience in renewables / solar strongly preferred
Exposure to PPA agreements
Base level understanding of power markets
Bachelor’s degree (MBA/CFA or Master’s degree in related field preferred but not required)
High degree of initiative and work-ethic
Intellectual curiosity and a sincere interest in renewable energy and a passion for learning
Proven organizational skills, ability to manage numerous unrelated tasks simultaneously
Proven ability to deliver quality products under strict deadlines
Ability to make evidence-based data-driven decisions
A dedication to accountability and transparency (strong ownership mentality)
Strong problem-solving skills
Excellent self-directed research capabilities
Ability to work cross functionally and display emotional intelligence
Strong team attitude, easy to get along with, willing to learn and take on new tasks, energetic about getting work done
Critical thinker who enjoys engaging in thoughtful and respectful debate

Nice To Haves

Demonstrated knowledge of renewable energy power plants

Responsibilities

Excel-based project financial modeling, structuring support, ad-hoc investment analysis
Build and maintain project financial models throughout all stages of the project lifecycle, from inception through operations
Liaising with relevant cross-functional stakeholders (Business Development, Project Development, Engineering, O&M, Procurement, Tax, Data Science, Legal, Capital Markets) to ensure project information is accurate and consistent
Preparation and presentation of pricing and final investment memos to the Company’s Chief Executive Officer and investment committee
Analyzing and evaluating strategic corporate M&A opportunities
Provide modeling support and guidance to Capital Markets team on debt and tax equity project financings
Assisting with pricing, negotiation, and evaluation of power purchase agreements (PPAs) and battery tolling agreements, with a particular focus on performance forecasting and quantifying financial impacts of risks and key terms; performing analysis of existing contracted and operating fleet to benchmark underwriting against real-time data to create a feed-back loop for process improvement
Ability to understand key power-market trends in both regulated and deregulated power markets and how they relate to the Company’s portfolio
Providing thought leadership on commercial negotiations as well as help drive internal development priorities for optimal return on capital
Ability to understand federal, state and local programs for renewable energy incentives and siting / tax opportunities
Analyzing the incentive and tax environment and ability to underwrite various revenue streams
Prepare detailed budgets for investment projects, reporting on budget to actuals and be responsible for cash management on relevant investment projects
Coordinate all activities to assure a successful and timely realization of the project
Communicate with Capital Markets, Accounting and FP&A department on changes on projects and corporate liquidity impacts of projected tax equity & back-leverage financings
Assist in the acquisition and sale of projects
General support for ad hoc strategic initiatives