Analyst, Finance and Capital Markets - Battery Storage

Company Overview
Plus Power is an energy storage market leader, with a market-leading 10+ GW portfolio across more than 25 states that will transform North American electric grids into cleaner and more versatile critical infrastructure.
Standalone energy storage is rapidly transforming the North American energy markets, because it is cheaper than new natural gas plants, faster to build than fossil peakers or transmission, and able to perform diverse energy services. Plus Power partners with electricity system operators, utilities, and investors to originate, develop, finance, own and operate standalone energy storage projects that provide critical services to the wholesale electric market. Plus Power’s team applies an intentional mindset to energy storage development by using a data-driven approach to development and operations.
At Plus Power, we are focused on solving hard climate problems, profitably. We are growing fast, and value candidates who, like us, share a focus on setting high expectations, owning and learning from mistakes in the spirit of radical transparency, and are committed to internal partnering as a key element of our ideas meritocracy. Our team praises Plus Power’s culture and excels through our game-changing mission and supportive ecosystem.
About the Role
Plus Power is looking to hire a Finance and Capital Markets Analyst to join the company’s finance team. This individual will support all aspects of project finance transactions for Plus Power’s battery storage projects including construction financing, term debt/back-leverage and tax equity. Key responsibilities include creating and managing complex financial models, supporting the due diligence process, project management of financing deliverables, and coordinating with external financing parties to support the closing and funding of transactions. In addition, you will assist the finance team in bidding and structuring offtake agreements and executing on project acquisitions and project sales. This individual will get broad exposure to all aspects of the energy storage development and financing process and will collaborate with all functional teams across the company. This role includes significant responsibilities and room for growth within the company.
Key Responsibilities
Transaction Support: Support all aspects of debt and tax equity financing transactions, including preparation of marketing materials, due diligence, management of external consultants, and financial modeling.
Project Modeling: Own all aspects of project financial models throughout the project lifecycle, including development, construction and operations. Modeling activities include project optimization, offtake bidding, and sourcing and vetting model inputs with experts in various groups across the company (Development, Interconnection, Markets, EPC, Origination, Asset Management).
Data Analytics & Tools: Support the creation of dashboards, reports, and analytics to support senior management decision making and reporting to corporate investors
Market Analysis: Analyze macroeconomic and ISO-level trends, including impacts of tax law changes, interest rate environments, and broader sector trends, and their effect on the viability of the company’s portfolio.
Cross-Functional Support and Collaboration: Collaborate with other teams within Plus Power to perform economic analysis and support key business decisions, including PPA pricing, optimization of project design, major equipment selection and O&M contract negotiation.
Skills & Qualifications
Minimum Bachelor’s degree in Finance, Economics, Engineering or related field
1-2 years of project finance transaction experience at a developer, investment bank, project finance lender, tax equity investor, or infrastructure investor; OR finance/technical degree from a rigorous undergraduate program and completion of (or willingness to complete) a financial modeling course
Proficiency in the Microsoft Office suite, especially Microsoft Excel, including experience with project financial modeling
Tax equity modeling experience a plus
Specific experience in energy storage, renewables, or gas a plus
Demonstrated ability to work collaboratively and effectively in a cross-functional environment with team members who are geographically dispersed
Highly organized with impeccable attention to detail
Experience managing large projects with multiple stakeholders on tight timelines
Exceptional written and verbal communication skills, with the ability to distill and present complex information clearly and succinctly to internal and external stakeholders, including financing counterparties.
Strong interpersonal skills with the ability to build positive working relationships and interact effectively with individuals across a range of roles, seniority levels, and working styles
Ability and desire to learn and take on responsibility quickly
Location flexible with a preference for candidates based in or near San Francisco, Chicago, Brooklyn, or Seattle (where other finance team members are based)
Compensation, Location, and Benefits
Highly competitive total compensation from one of North America’s leading energy storage developers, owners, and operators, along with market-leading health benefits, 401(k) match, generous paid parental leave, flexible time off, work from home stipend, an