Analyst, Asset Management at Clearway Energy

San Diego, California, United States

Clearway Energy Logo
Not SpecifiedCompensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Renewable Energy, Utilities, Asset ManagementIndustries

Requirements

  • Bachelor’s degree in Engineering, Computer Science, Finance, Business, Economics, or related field
  • 0-3 years of professional experience in asset management, data analytics, business administration, project management, contract administration, project finance, or other commercial roles
  • Ability to read, translate, and interpret complex agreements or regulations, understanding of legal terminology
  • Experience researching, analyzing, and synthesizing data and reports
  • Developed analytical, project management, and organizational skills
  • Strong business and financial savvy with an understanding of accounting, finance, and valuation concepts
  • An ability to perform at a high level in a matrixed organization, working in inter-departmental teams to achieve objectives
  • Experience in manipulating and managing large amounts of structured and unstructured data. Prior experience with the use of formulas in Excel (i.e., vlookup, sumproduct, sumif, index/match, etc.) and creating reports from scratch
  • Ability to occasionally travel to company or project locations

Responsibilities

  • Support project evaluations, project agreements, contract reviews, and due diligence to help make recommendations in support of acquisitions, divestitures, and/or investments in company-developed projects
  • Provide P&L analysis and economic performance for generating assets within the assigned portfolio
  • Perform financial analyses, project evaluations, and due diligence to help make recommendations in support of plant optimization, recovery plans, revenue enhancement, and other major capital investments
  • Analyze, track, and update budgets, forecasts, and financial models
  • Monitor monthly performance and variance reports; investigate and address observed deviations
  • Investigate any major plant outages and influence the resolution or minimization of outages
  • Review gross margin performance and work with the energy management group to explain variances due to market conditions
  • Extract generation data from external & internal sources as needed to support various reporting needs
  • Ensure asset financial models are updated, as needed
  • Support business administration activities and coordinate with cross-functional teams to ensure compliance with key project company agreements and financing agreements
  • Control and manage project document organization and retention
  • Ensure general business-related license, permit, and regulatory requirements are successfully managed
  • Review project company agreements to accommodate any project modifications
  • Prepare reports and presentations for project stakeholders as required
  • Support the development of information, sharing platforms, and work management systems, including populating such systems with historical records and archiving of documents
  • Support improvements to asset management and project handover processes

Skills

P&L analysis
financial modeling
budgeting
forecasting
due diligence
contract review
project evaluation
variance analysis
performance monitoring
Excel
renewable energy
asset management

Clearway Energy

Develops and operates renewable energy projects

About Clearway Energy

Clearway Energy Group focuses on developing and operating renewable energy projects, primarily in the United States. The company has a diverse portfolio of over 350 projects, which includes large-scale solar and wind farms, as well as community solar initiatives. Their products work by generating electricity from renewable sources, which is then sold to utilities and large energy consumers through long-term power purchase agreements (PPAs). This model provides a steady revenue stream while promoting the use of clean energy and reducing carbon emissions. Clearway Energy Group differentiates itself from competitors by its extensive experience in the renewable energy sector and its commitment to high safety and performance standards in project execution. The company's goal is to facilitate the transition to a sustainable energy future by providing reliable and competitive clean energy solutions.

San Francisco, CaliforniaHeadquarters
2018Year Founded
$1,600MTotal Funding
DEBTCompany Stage
EnergyIndustries
501-1,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
401(k) Retirement Plan
401(k) Company Match
Life Insurance
Fertility Treatment Support
Adoption Assistance
Parental Leave
Tuition Reimbursement

Risks

Increased competition may impact Clearway's market share and profitability.
Supply chain constraints could delay project timelines and financial projections.
Fluctuating energy prices may affect Clearway's project viability and contracts.

Differentiation

Clearway Energy specializes in utility-scale solar and wind projects across the U.S.
The company secures long-term PPAs, ensuring stable revenue streams.
Clearway Energy integrates solar and storage, enhancing grid reliability and efficiency.

Upsides

Clearway's acquisition of Tuolumne Wind Project adds 137 MW to its portfolio.
The Inflation Reduction Act boosts demand for Clearway's renewable energy PPAs.
Clearway's $665M Texas project advances solar and storage integration.

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