Summer Intern Program

Middle River Power • Chicago, IL

1d • $1,600 - $2,000 • Onsite

About The Position

Summer Intern Program LOCATION: Chicago, IL — The Loop (On-Site) DURATION: 10–12 Weeks | Summer 2026 COMPENSATION: $1,600- $2,000 / week About Middle River Power Middle River Power is a private equity-backed independent power producer (IPP) with a growing fleet of natural gas, coal, battery storage, and solar assets. Based in Chicago, we're a lean, high-performance team of roughly 85 people building infrastructure and institutional muscle to scale aggressively. We act as a small operator but play big in a PE-backed environment. The Opportunity We're hiring our 2026 intern class, and we want people who want to work on real work and meaningful projects. With broad entry level exposure to our Asset Management, M&A and Commercial teams you will gain critical skills in cross-functional impact, stakeholder management and agility. You’ll be embedded in active workstreams from day one. Interns who successfully add value to MRP and demonstrate a strong aptitude to grow a career within an IPP will be offered full-time employment upon completion of the 12-week program. Asset Management Exposure The Asset Management function at MRP is responsible for optimizing the operational and financial performance of the existing fleet (natural gas, coal, battery storage, and solar) across multiple sites. This intern will support active portfolio management activities, performance analytics, and potentially M&A integration work as new assets are acquired. What you will do Fleet performance benchmarking - develop KPI framework comparing site-level performance against market and internal targets Asset optimization analysis- identify operational efficiency or dispatch optimization opportunities within one or more asset classes Capital allocation modeling- support analysis for maintenance capex prioritization across the fleet Market exposure review- assess how MRP's fleet is positioned relative to power market dynamics in key ISO regions M&A & Corporate Strategy Exposure MRP's M&A & Strategy function drives inorganic growth through asset acquisitions, market development, and strategic positioning. The company is actively pursuing portfolio expansion, and this intern will work alongside the VP of M&A & Strategy on live deal analysis, market screening, and strategic evaluation exercises. What you will do Deal screening & pipeline development- evaluate potential acquisition targets using financial, operational, and market criteria Market opportunity analysis- assess specific ISO/RTO markets for strategic entry or expansion (e.g., SPP, MISO, NYISO, ISO-NE) Competitive intelligence- research and summarize competitive positioning of peer IPPs, with implications for MRP's strategy Transaction support- assist with diligence preparation, financial modeling, or internal investment memo drafting on a live deal Commercial Exposure The intern will interact with the Commercial team on market-facing analyses relevant to both the fleet and the deal pipeline. What you will do Contribute to power market pricing analysis and forward curve review relevant to fleet dispatch decisions or acquisition underwriting Work on contract and offtake structure context as relevant to transactions or asset strategy decisions Participation in commercial team meetings or market update sessions as schedule and project work permit Program Elements Week 1 joint orientation and company overview with CEO and leadership team Weekly supervisor check-ins (30 min) with monthly cross-intern sync Midpoint feedback session (Week 5–6) — structured 360 input from supervisor and project stakeholders Final presentation to MRP leadership team — both interns present simultaneously with separate track presentations Mentorship pairing with a mid-level professional in a complementary function Consideration for return offer extended within 2 weeks of program completion Ideal Candidate Profile You bring a genuine interest in power generation and the intersection of investing, operations management, and strategy. You are currently enrolled in or recently graduated from a bachelor’s program in Finance, Economics, Engineering, Business, or a related quantitative field. You have a strong analytical foundation, with comfort in financial modeling and proficiency in Excel and PowerPoint. An understanding of power markets or energy fundamentals is a plus. You can synthesize complex operational and financial data into clear, actionable insights and communicate them effectively to senior stakeholders. You operate with a self-directed mindset, take ownership of your work, and actively seek feedback to accelerate your growth. You are coachable, curious, and ready to learn quickly in a fast-paced, real-world environment. Why MRP You'll have direct access to a senior leadership team that values analytical rigor and commercial judgment. Your work will have a real business impact. Top performers will be considered for a full-time offer within 2 weeks of program completion. Competitive weekly stipend reflecting the seniority and rigor we expect To Apply: Submit your resume and a brief (3–4 sentence) note on why energy and why now, via LinkedIn. We review applications on a rolling basis — early applications are strongly encouraged.

Requirements

• You bring a genuine interest in power generation and the intersection of investing, operations management, and strategy.
• You are currently enrolled in or recently graduated from a bachelor’s program in Finance, Economics, Engineering, Business, or a related quantitative field.
• You have a strong analytical foundation, with comfort in financial modeling and proficiency in Excel and PowerPoint.
• You can synthesize complex operational and financial data into clear, actionable insights and communicate them effectively to senior stakeholders.
• You operate with a self-directed mindset, take ownership of your work, and actively seek feedback to accelerate your growth.
• You are coachable, curious, and ready to learn quickly in a fast-paced, real-world environment.

Nice To Haves

• An understanding of power markets or energy fundamentals is a plus.

Responsibilities

• Fleet performance benchmarking - develop KPI framework comparing site-level performance against market and internal targets
• Asset optimization analysis- identify operational efficiency or dispatch optimization opportunities within one or more asset classes
• Capital allocation modeling- support analysis for maintenance capex prioritization across the fleet
• Market exposure review- assess how MRP's fleet is positioned relative to power market dynamics in key ISO regions
• Deal screening & pipeline development- evaluate potential acquisition targets using financial, operational, and market criteria
• Market opportunity analysis- assess specific ISO/RTO markets for strategic entry or expansion (e.g., SPP, MISO, NYISO, ISO-NE)
• Competitive intelligence- research and summarize competitive positioning of peer IPPs, with implications for MRP's strategy
• Transaction support- assist with diligence preparation, financial modeling, or internal investment memo drafting on a live deal
• Contribute to power market pricing analysis and forward curve review relevant to fleet dispatch decisions or acquisition underwriting
• Work on contract and offtake structure context as relevant to transactions or asset strategy decisions
• Participation in commercial team meetings or market update sessions as schedule and project work permit

Benefits

• You'll have direct access to a senior leadership team that values analytical rigor and commercial judgment.
• Your work will have a real business impact.
• Top performers will be considered for a full-time offer within 2 weeks of program completion.
• Competitive weekly stipend reflecting the seniority and rigor we expect

What This Job Offers

• Career Level: Intern
• Number of Employees: 11-50 employees