Planet Reimagined is hiring a diverse team to implement the Common Grounds initiative. Common Grounds seeks to develop co-located renewable energy resources on public lands actively being used for fossil fuel production. Twenty-three million acres of federal land is currently leased for oil and gas production and exploration, a large percentage of which is located in areas with high potential for renewable energy generation. Through co-location - the mixed use of one unit of land for multiple productive purposes - the Common Grounds team is working to encourage land-sharing between existing fossil fuel lease lands and clean energy projects in order to increase the number of renewable energy projects on public lands, revitalize energy communities through reinvestment, and reduce energy related emissions.
In this role, you will leverage your skills in financial analysis and modeling to evaluate the economics of utility-scale projects sited on federal oil and gas land. Specifically, you’ll work cross-functionally to help our team evaluate sites for utility scale solar potential, generate financial resources to aid in policy and project development efforts, and assist with research and quantitative analysis efforts to identify new market opportunities. Successful candidates for this role will have a professional background in banking, investment, project finance, structured finance, or capital markets, and have experience in the renewable energy sector. This role requires excellent quantitative analysis skills, attention to detail, and a comprehensive understanding of the North American renewable energy capital markets and tax equity financing structures.
Responsibilities will include:
Financial analysis and modeling related to project development, by including the specifics of costing of fixed and variable costs, evaluating revenue generation potential from electricity production, while incorporating federal and local incentives, taxes, tariffs, and other relevant inputs
Modeling debt and tax equity financial structures, and managing closing activities for project debt, and tax equity financing
Scenario-analysis for valuation of projects
Synthesize market intelligence from internal stakeholders, financing parties, consultants, and other external sources into digestible and actionable conclusions
Leading research into incentives, utility policies, tariffs, local requirements, taxes, and other projected related inputs across a diverse range of U.S markets
Evaluate project size and configuration options, considering factors such as energy yield, cost, and incentives to optimize project design
Work closely with colleagues and external advisors to ensure environmental justice concerns and equitable Community Benefit Agreements (CBAs) are integrated into financial models
Qualifications include:
5+ years of experience in project finance, investment banking, M&A, consulting, or similar position, with preference given to renewable-specific experience
Must have experience developing and maintaining complex financial models and demonstrated strong understanding of project finance
Extensive knowledge and capabilities to work in Microsoft Excel
Diligent and detail oriented; able to deliver consistently accurate results from complex modeling exercises
Excellent verbal and communication skills; able to concisely communicate results to internal and external counterparts
Highly resourceful, organized, and comfortable working in a fluid, entrepreneurial environment
Additional Requirements
The ideal candidate for this role will be located in the Southwest, with preference for Colorado, New Mexico, or Utah. Candidates outside of this location who meet the above requirements will also be considered
Travel may be required - less than 10%
Salary and Benefits
The targeted salary range for this position is $80,000 - $105,000. Additional benefits include paid time off, flexible working hours, and a remote but highly collegial working environment