|Date Posted||August 13, 2023|
What The Role Is
Reporting to the Director, Energy Management, the Associate, Energy Management will be responsible for assisting in the development and execution of trading, hedging, risk management and optimization strategies for Clearway assets. The Associate, Energy Management will work in close coordination with the Market Fundamentals, Business Development, Origination, Asset Management, Credit and Energy Risk and Operations groups to manage Clearway’s energy management transactions while working to scale capabilities within a rapidly growing organization.
Location: Preference near existing office locations for hybrid engagements in San Francisco, CA, Carlsbad, CA, Houston, TX or Scottsdale, AZ
*This job posting is open to multiple locations but represents one available position*
What You'll Be Doing
Support all aspects of managing, analyzing, structuring, and negotiating energy management transactions as a key member of the Energy Management team.
Oversee the Energy Management documentation process leveraging Clearway’s internal and external subject matter experts to bring agreements to execution (Trading, ISO, QSE, Investor LLCAs/Trading Annexes).
Work with Credit and Energy Risk to support the internal approval process.
Communicate with project stakeholders on market conditions, trading risks, and optimization opportunities.
Work with the Market Analytics and Credit and Energy Risk teams to develop and enhance tools for project limits, reporting, trade capture and the eventual implementation of an enterprise risk management system.
Work with each Regional Business and Project Development team to evaluate market opportunities and provide pricing guidance based on customer goals and priorities in alignment with project model underwriting assumptions.
Support customer pricing strategies and oversee the preparation of proposals and presentation materials.
Evaluate requests for proposals, support bid preparation process, prepare competitive analysis and manage participation in procurement processes.
Provide offtake analysis on new project opportunities (both M&A and greenfield) based on customer demand and value proposition.
Support colleagues in targeted relationship building activities with key customers.
Participate in energy working groups, professional organizations, trade shows & conferences
Track and report on policy and regulatory developments that will impact market strategy and customer opportunities, at the federal, state, and local level, leveraging Clearway’s internal and external subject matter experts.
Ability to travel up to 25% of the time.
Maintain confidentiality and sensitivity with respect to all functions of CEG.
What You'll Bring
Bachelor’s degree in business administration, finance, engineering or related field.
4+ years of experience in origination, project finance, renewable energy, or other transactional industries.
Experience in CAISO, ERCOT, or PJM
Strong understanding of renewable energy markets and technologies.
Some experience in supporting the structuring, negotiation, and execution of energy transactions.
Knowledge of the energy industry including regulated and de-regulated electricity markets and project financing structures and key value drivers.
Highly motivated self-starter, friendly personality, and good team player.
Attention to detail and inclination towards structure, organization, and process – as well as the ability to examine, question, and improve on the inputs and recommendations of others.
Strong organizational skills with the ability to handle multiple projects simultaneously, track progress and needs of each, and provide high quality deliverables accurately and on time
Able to work well with geographically dispersed, cross-functional teams in a fast-paced environment.
Proficiency in Microsoft Office Suite, specifically Microsoft Excel.
If you don’t meet 100% of the above qualifications but see yourself contributing, please submit your resume.
Clearway will not sponsor nonimmigrant visas for this position (H-1B, TN, E-3, etc.).
What We'll Bring
About Clearway Energy Group
Clearway Energy Group is leading the transition to a world powered by clean energy. Along with our public affiliate Clearway Energy, Inc., we own and operate more than 8 gigawatts of renewable conventional energy assets across the country. As we develop a nationwide pipeline of new renewable energy projects for one future, Clearway’s 6.9 gigawatts of operating wind, solar, & energy storage assets offset the equivalent of more than 10.5 million metric tons of carbon emissions for our customers today. Clearway Energy Group is headquartered in San Francisco with offices in Carlsbad, CA; Scottsdale, AZ; Houston, TX; Denver, CO & Princeton, N.J.
Our Commitment to Diversity, Equity, & Inclusion
At Clearway, we create a community that isn’t about being the same – it’s about building a team of unique individuals, with different backgrounds and skill sets, coming together to build something big and make a difference in the world.
Clearway is an equal opportunity employer that values a broad diversity of talent, knowledge, experience, and expertise. We intentionally foster a culture of inclusion that empowers our employees to deliver superior performance to the communities we serve. We encourage minorities, women, individuals with disabilities and protected veterans to join the team. Clearway is a proud promoter of employment opportunities to our Military and Veterans.
Working at Clearway, Hybrid Together
Here at Clearway, we’re committed to balancing flexibility while fostering strong relationships among our teammates. How do we do that? We prioritize new hires based near one of our offices in San Francisco, Carlsbad, Scottsdale, Houston, and Princeton. Our office-based employees typically work together from fabulous spaces on Tuesdays and Thursdays to collaborate & learn, build community, get to know one another, and enjoy company-provided meals and events.
What We Provide
The salary range for this position is $118,000 - $153,000 and is eligible to earn an annual cash bonus, subject to personal and company performance goals. The pay rate for the successful candidate will depend on geographic location, skills, relevant and demonstrated experience, education, training and certifications, and other factors permitted by law.
Clearway offers all eligible employees working 20+ hours per week a comprehensive menu of benefits: generous PTO, medical, dental & vision care, HSAs with company contributions, health FSAs, dependent daycare FSAs, commuter benefits, relocation, & a 401(k) plan with employer match, a variety of life & accident insurances, fertility programs, adoption assistance, generous parental leave, tuition reimbursement, & benefits for employees in same-sex marriages, civil unions & domestic partnerships. For more on Clearway benefits, visit our Benefits Website.