Project Finance Associate

Project Finance Associate/Senior Analyst

Location: San Francisco, California or Toronto, Canada (Hybrid)

Piper Maddox is partnered with a leading renewable energy company with a proven track record of developing, owning, and operating utility-scale wind, solar, and transmission projects across North America.

This organization is one of the world’s largest privately owned developers and operators of wind, solar, transmission, and energy storage projects. Their portfolio spans some of the most innovative and large-scale utility projects in the market today.

Responsibilities:

• Support project and structured finance activities across the renewable energy portfolio, from early-stage development through pre-operations and Notice to Proceed (NTP).
• Assist with RFP processes, project pricing, financial modeling, and investment analysis.
• Build, maintain, and analyze levered and unlevered financial models to evaluate project economics and returns.
• Work closely with Development teams and internal subject matter experts to assess project opportunities and financial assumptions.
• Review and analyze key commercial agreements, including PPAs, VPPAs, and land agreements.
• Support tax equity and debt financing transactions.
• Assist with financing covenant tracking, documentation, and credit reviews.
• Collaborate with senior team members across Development, Finance, and other internal stakeholders to advance projects.

Requirements:

• 2+ years of relevant professional experience.
• Project Finance experience preferred, followed by M&A or Corporate Finance.
• Strong financial modeling and analytical skills.
• Experience within the U.S. renewable energy market preferred, particularly solar, wind, or adjacent energy sectors.
• Basic understanding of PPAs, VPPAs, land agreements, and associated revenue and operating expense considerations.
• Power & Utilities or Renewable Energy Investment Banking backgrounds considered.
• IPP experience considered, provided the candidate has strong financial modeling and analytical capabilities.

Benefits:

• Competitive compensation
• Opportunity to join a leading privately owned renewable energy developer and operator.
• Exposure to utility-scale wind, solar, transmission, and energy storage projects.
• Involvement across the project lifecycle, from early-stage development through pre-operations.
• Exposure to project finance, structured finance, tax equity, and debt financing transactions.
• Opportunity to work cross-functionally with Development, Finance, and senior leadership.
• Hybrid working arrangement with two days per week in the San Francisco office.
• Opportunity to join an established Project and Structured Finance team with significant upward mobility.