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Associate, Origination-New Business & Product Development
Clearway Energy Houston, TX
$95k-122k (estimate)
Full Time | Utilities 1 Month Ago
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Clearway Energy is Hiring an Associate, Origination-New Business & Product Development Near Houston, TX

What The Role Is

Reporting to the Sr. Director, Origination – New Business & Product Development, the candidate is responsible for developing and implementing new products and enhancing the existing product suite for Clearway’s utility-scale solar and wind portfolio. The role will also aid in the ideation, development, and execution of new business lines at Clearway, including the Clean Fuels business.

What You'll Be Doing

  • Stay abreast of key regulatory, market, and competitive developments in key territories impacting the future of renewable development opportunities and provide analysis and actionable recommendations for the business on a prescribed schedule.
  • Coordinate closely with cross-functional teams to better understand strengths and opportunities for improvement for our existing product suite and propose possible solutions.
  • Evaluate existing and future revenue streams and propose opportunities to commercialize new clean energy solutions.
  • Develop an initial analytical model for proposed initiatives, product concepts, or business lines.
  • Coordinate with External Affairs, Legal, and other stakeholders to advocate for any relevant internal or external legal or regulatory policies that would further Clearway’s business objectives.
  • Contemplate all aspects of Wholesale and Commercial Origination in the new product development process, including outreach, originating, structuring, pricing, contracting, and closing.
  • Propose, coordinate, and lead new product approval, implementation, and execution that includes customer demand picture, customer outreach, volume targets, and implications for revenue, finance, legal, IT, and operations.
  • Present on status of projects and key metrics to senior leadership on a prescribed schedule or an ad-hoc basis.
  • Participate in energy working groups, professional organizations, trade shows & conferences.
  • Exhibit expertise and continual growth of knowledge in power markets and act as a resource to the Business Development and Project Development teams.

What You'll Bring

  • Understanding of wholesale power markets in at least one of the following markets: PJM, ERCOT, SPP, CAISO.
  • Understanding of renewable (wind & solar) development, modeling, and common financing structures.
  • 3 years of experience in renewable energy, renewable business development, clean fuels, or retail energy.
  • 2 years of experience with commercial/wholesale origination or renewable product development
  • Knowledge of either wholesale or corporate/commercial bi-lateral power contracts and understanding of common PPA structures and hedging strategies.
  • Familiarity and knowledge of various product structures and concepts including, but not limited to: CFE product offerings, behind-the-meter solutions, flexible load, REC/Carbon Offset solutions, and scope emissions.
  • Attention to detail and inclination toward structure, organization, and process – as well as the ability to examine, question, and improve on the inputs and recommendations of others.
  • Organizational skills with the ability to handle multiple concurrent efforts, track the progress and needs of each, and provide high-quality deliverables accurately and on time.
  • Aptitude for analytical and financial modeling with demonstrated attention to detail – previous experience is required, and command of Excel and PowerPoint is essential.
  • Ability to prioritize and manage competing priorities and deadlines.
  • If you don’t meet 100% of the above qualifications but see yourself contributing, please submit your resume.

What Would Be Nice

  • Bachelor’s degree in business, economics, engineering, mathematics, or related degree is preferred.
  • Proven experience in performing quantitative and qualitative analysis of assets that produce a predictable, long-term stream of cash and tax attributes.
  • Prior experience participating in green hydrogen / clean fuels complex modeling is a plus.
  • Understanding BESS, green hydrogen, or other decarbonization offerings is a plus.
  • Knowledge of Retail Energy Providers' power procurement, load forecasting, and hedging strategies is a plus.

Clearway will not sponsor nonimmigrant visas for this position (H-1B, TN, E-3, etc.).

Job Summary

JOB TYPE

Full Time

INDUSTRY

Utilities

SALARY

$95k-122k (estimate)

POST DATE

03/02/2024

EXPIRATION DATE

04/24/2024

WEBSITE

nrgyield.com

HEADQUARTERS

PRINCETON, NJ

SIZE

200 - 500

FOUNDED

2012

TYPE

Public

CEO

CHRISTOPHER S SOTOS

REVENUE

$1B - $3B

INDUSTRY

Utilities

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About Clearway Energy

Clearway Energy is a provider of wind, solar and natural gas-fired power generation and distribution services for commercial and residential sectors.

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