Associate/ Sr. Associate - Investments

HASI is currently seeking an Associate/Senior Associate with renewable financing experience to join our team. This individual will work in the Investment Group, executing ongoing investments within HASI’s investment portfolio. The types of investments include distributed generation, solar, storage, clean fuels and EV infrastructure projects. The core responsibilities of the role include supporting transaction execution, analyzing financial models, completing due diligence, reconciling financial documentation for transaction execution, and participating in ongoing portfolio asset management.

 

Responsibilities       

Investing Activities

Support transaction and due diligence processes for debt/equity investments and acquisition activity, including analyzing terms in underlying project agreements which may impact economic returns (i.e. operating agreements, financing agreements, and power offtake agreements).

Interface directly with clients, legal, technical/engineering and portfolio management teams to support upcoming closings, transaction amendments and ongoing underwriting activities.

Manage financing models including underlying project operating pro formas, analyze investments and evaluate the associated risks. Work closely with cross-functional teams to confirm appropriate assumptions for project investment models, and manage transaction approval processes.

 

Capital Markets Activities

Support financing processes for partnership-level project finance transactions, including backleverage and syndications. Assist in review and negotiation of documents, facilitate investor due diligence processes, and own financing model.   

Liaise for corporate due diligence requirements related to underlying project and portfolio investments.

 

Work closely with the members of the Portfolio Management and risk management teams to provide specific investment expertise to assist in commercial decision making relating to portfolio assets.

 

Specific Recommended Knowledge and skills 

Very strong MS Excel financial modeling and data mining skills, with demonstrable experience developing and managing complex financial models

Strong attention to detail

Relevant industry experience in energy, banking, tax equity/equity investing, consulting or the energy/utilities sector

Familiarity with energy project finance transactions and documentation

Strong interpersonal skills with the ability and desire to work in a fast-paced, innovative, entrepreneurial environment

Excellent written and verbal communication skills (to include listening)

Dependable and reliable, excellent at taking initiative, can work independently without close supervision, and be a supportive team member

 

Bachelor’s degree from a four-year institution; CFA and/or MBA preferred

At least 3 years of experience in finance in the renewable energy sector, ideally including tax equity partnerships, project finance and structured debt or equity finance.

Experience in modelling, ideally involving structured debt and equity investments, including intimate knowledge of tax equity partnership flip and lease models for renewable energy assets.

Demonstrable experience with renewable energy project underwriting and transaction document negotiation.