Associate, Origination (CA)

Posted 19 Days Ago
Be an Early Applicant
3 Locations
Remote
Entry level
Energy
Avantus is shaping the future by making reliable, accessible clean energy a global reality.
The Role
The Associate, Origination will support a team in sourcing, negotiating, and executing Power Purchase Agreements (PPA) for solar and battery storage projects. They will manage RFP preparations, market analyses, lead generation, and assist in PPA negotiations while coordinating with various stakeholders to meet deadlines.
Summary Generated by Built In

ABOUT AVANTUS

Avantus is shaping the future by making reliable, low-cost clean energy a global reality. Our legacy of leadership in next generation solar energy includes developing one of the nation’s largest solar clusters and one of the first projects to beat fossil fuel prices back in 2016. Today, we are expanding the boundaries of existing technologies to build one of the largest portfolios of smart power plants with integrated storage, capable of providing millions of people with affordable, zero-emission energy – day and night. Through our relentless pursuit of better, we are decarbonizing our planet at the gigaton level, and bringing the advantages of clean energy to all of us.


ABOUT THE POSITION

We are seeking a highly motivated and organized candidate for an Associate, Origination position. The successful candidate will demonstrate sound industry knowledge, superior communications, and detail-oriented organizational skills. This role reports into the Vice President of Origination.

The Associate would support a team of Originators who source, negotiate, and execute Power Purchase Agreements (“PPA”) and other structured power offtake arrangements for solar and battery energy storage projects.  This position would also support new business development efforts in growing areas of the renewables landscape.  The position requires an individual who thrives in a fast-paced, unstructured environment, constantly collaborating with various internal and external teams to meet customer driven deadlines.  The individual would ultimately be responsible for managing day-to-day execution of Requests for Proposals (“RFP”), performing various market analyses and supporting efforts to optimize new product structures. 


ESSENTIAL FUNCTIONS AND RESPONSIBILITIES 

  • RFP Strategy:
    • In conjunction with senior Originators, develop strategy for each RFP, including determining optimal projects and product structure for the specific customer.
    • Communicate origination strategies to other Avantus stakeholders.
    • Track overall pricing trends and understand our competitors’ strategies and relative advantages.
  • RFP Execution
    • Assist senior Originators with the preparation of bid submittals and related materials (Avantus qualifications, project development details, etc.). 
    • Quarterback and project manage the inputs to an RFP, including the assumptions required to run the pricing models.  This includes developing schedules/lead times, running check-ins, and ultimately being responsible for on-time delivery of the RFP.
    • Track status of submitted bids and work to address any customer questions.
  • Lead Generation
    • Ability to monitor and react to customer and market indications.
    • Prepare presentations for third party meetings.
    • Coordinate and lead discussions with potential customers and / or business partners.
    • Support Originators in converting customer conversations into actionable submission plans and ultimately PPAs.
  • PPA Negotiation
    • Assist in negotiation of commercial, project financeability and legal issues.
    • Manage the various parties involved (off-takers, legal, consultants, internal Avantus Subject Matter Experts).
  • Business Development / Product Strategy
    • Assist business development team in performing qualitative and quantitative market analyses for potential new, innovative product structures.
    • Work with energy markets team to support financial analysis of various offtake structures.


REQUIRED SKILLS AND QUALIFICATIONS

  • Minimum 2 years in Renewables/Power & Utilities, or related space with demonstrated interest in renewables.
  • Minimum four-year bachelor's degree in a relevant discipline
  • Expert proficiency in Microsoft Office, especially Microsoft Excel, including experience with project financial modeling.
  • Experience with or understanding of power markets, project development and/or generation plus storage projects.
  • Manage RFP submission process, coordinate cross functional teams and collecting various inputs.
  • Ability to build and maintain strong relationships with internal stakeholders.
  • Ability to build and maintain relationships with customers to answer questions, gather feedback and coordinate responses.
  • Ability to distill, arrange, and convert large sets of raw data into useful and actionable information.
  • Experience managing large projects with multiple stakeholders on tight timelines.
  • Working knowledge of structured finance and power offtake agreements.



#LI-Remote

Avantus offers competitive compensation with an excellent benefits package, including 401(k) matching; comprehensive medical and dental plan options; and flexible PTO. We are an equal-opportunity employer.
The typical US base salary range for this full-time position is listed below (plus bonus and benefits). Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific salary range for your preferred location during the hiring process. Please note that the compensation details listed in US role postings reflect the base salary only, and do not include bonus and benefits.

Pay Range

$78,655$100,841 USD

The Company
HQ: El Dorado Hills, CA
185 Employees
Remote Workplace
Year Founded: 2009

What We Do

Our legacy of leadership in next generation solar energy includes developing the nation’s largest solar cluster and the first plant to beat fossil fuel prices. Today, we are expanding the boundaries of existing technologies to build one of the largest portfolios of smart power plants with integrated storage, capable of providing 30 million people with low-cost, zero-emission energy – day and night.

At Avantus, we have the scale, track record and expertise to transform our country’s energy generation to be as networked and responsive as the digital tools driving the rest of the world. Our data-driven, integrated approach to innovation propels us to continuously achieve new milestones in the renewable energy industry, delivering superior proprietary technologies and design optimization tools to lower the cost of energy for our customers. Through our industry-defining innovations and relentless pursuit of better, we are decarbonizing our planet at the gigaton level, and bringing the advantages of clean energy to all of us.

Why Work With Us

At Avantus, we know fighting climate change is too big for anyone to do alone. That’s why we bring the brightest, most ambitious minds together in one concerted effort to leave the world better than we found it. We’re dedicated to relentlessly pursuing better by investing in our team’s next great ideas and continuously learning from each other.

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