Finance Analyst

Posted 13 Hours Ago
Be an Early Applicant
Boston, MA, USA
In-Office
Junior
Energy • Renewable Energy
The Role
Supports community solar project finance and capital markets activities by maintaining financial models, evaluating projects, performing scenario and sensitivity analyses, researching market and incentive assumptions, organizing financing diligence, and assisting with tax equity, debt, and financial closing transactions. The role also supports asset management and accounting teams with financial commitment tracking and counterparty reporting.
Summary Generated by Built In
About Lightstar: Founded in 2019, Lightstar Renewables (“LSR”), is paving the way for a cleaner energy future. We’re on a mission to deliver local solar solutions that benefit both the land and the community. As a community solar developer, this means we use environmentally sound best practices, aiming to leave the soil and local ecology better than we found it while investing in long-term partnerships with our landowners. Lightstar is committed to being stewards of the land - leveraging the clean energy transition for preservation and conservation of resources is at the heart of what we do.
Lightstar Renewables is seeking a Finance Analyst to support the expansion of our community solar portfolio across the United States. Reporting to the Director of Capital Markets, this role will contribute to the rapid growth of our Finance and Capital Markets functions. Primary responsibilities include maintaining all financial models to generate insights and analysis, assisting the Development team with financial aspects of project development, and contributing to all Capital Markets work including Tax Equity and debt capital raising and execution.
This role will be 100% remote but may require in person meetings from time to time. As LSR continues to grow, opportunities to develop unique skills will be available as well as opportunities for advancement.
Assigned Tasks:
  • Quickly develop proficiency in understanding, maintaining, and operating Lightstar’s various Project Finance models.
  • Responding to modeling inquiries and tasks, including evaluation of new projects and ad hoc analysis of existing portfolio projects.
  • Compiling, organizing, maintaining, and distributing project diligence for financing transactions (including but not limited to Construction debt, Tax Equity, and Back Leverage).
  • Assisting with all other tasks related to proper execution of financial closings and transactions.   
  • Aiding Asset Management and Accounting teams with ongoing tracking of financial commitment including reporting to counterparties.
  • Researching and incorporating project-specific market and incentive assumptions into financial models, including wholesale energy prices, capacity and ancillary service revenues, renewable energy credits, property taxes, and state incentive programs.
  • Evaluating solar and battery project economics and investment opportunities, including sensitivity analyses, scenario analysis, valuation of development fees, and comparison of project structures and assumptions.
Compensation and Benefits:
Not only will you get to work with a group of innovative, dedicated, and motivated peers, Lightstar is proud to offer our competitive compensation and benefit package:
  • Competitive salary
  • PTO – 20 days annually (+1 day/anniversary year, Maximum 25)
  • 2025 Holidays - 14 days + 1 floating holiday
  • Benefits – Health, Dental, Vision, Life, and AD&D Insurance
  • 401k – 4% employer match
Preferred Skills and Qualifications:  
  • Preferred 2+ years relevant renewables/infrastructure project finance experience
  • Foundational understanding of and passion for the solar industry
  • Advanced Microsoft Excel skills, especially modeling (Macros/VBA, Lookup functions, etc.)
  • Core understanding of Finance concepts, including but not limited to: the Time Value of Money (DCF, IRR, NPV, etc.), use of Leverage (including debt sizing), and Accounting (three statement modeling).
  • Excellent written and verbal communication skills, with demonstrable ability to understand and communicate technical concepts
  • Excellent organizational skills
  • Able to excel in a highly entrepreneurial environment
  • Able to think creatively
We’re Committed to Diversity: 
Lightstar is committed to creating a welcoming environment that continually celebrates the diverse community different individuals cultivate at our company. As a proud equal opportunity employer, we pledge that all are welcome at Lightstar. Lightstar does not discriminate against applicants or employees based on race, color, religion, gender, gender identity or expression, sexual orientation, national origin, medical history, genetics, disability, age, or veteran status.
 

Skills Required

  • 2+ years of relevant renewable energy or infrastructure project finance experience
  • Foundational understanding of and passion for the solar industry
  • Advanced Microsoft Excel skills, including financial modeling, Macros/VBA, and lookup functions
  • Understanding of finance concepts including time value of money, DCF, IRR, NPV, leverage, debt sizing, and three-statement modeling
  • Excellent written and verbal communication skills with the ability to communicate technical concepts
  • Excellent organizational skills
  • Ability to excel in a highly entrepreneurial environment
  • Creative problem-solving ability
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The Company
HQ: Bethesda, MD
133 Employees
Year Founded: 2010

What We Do

Eagle Creek Renewable Energy was founded in 2010 to acquire, enhance and operate small hydroelectric power facilities. Eagle Creeks’ facilities provide clean energy to electricity consumers in North America while allowing recreational opportunities and protecting historical resources and the environment. Eagle Creek currently owns and operates eighty-six hydroelectric facilities representing approximately 640 megawatts of capacity across the United States. Eagle Creek also has ownership interests equivalent to approximately 12 megawatts in fourteen other hydroelectric facilities and two solar facilities in New England. Eagle Creek is a privately-owned entity and is wholly-owned subsidiary of Ontario Power Generation. In November 2018, Ontario Power Generation (OPG) acquired Eagle Creek from Hudson Clean Energy Partners, Power Energy Corporation and its other previous investors. On October 8, 2019, Ontario Power Generation announced the finalization of the acquisition of Cube Hydro Partners and Helix Partners (collectively, Cube Hydro) from I Squared Capital. The two companies are now merging into one, operating under the Eagle Creek Renewable Energy Name. Eagle Creek continues to seek opportunities to acquire hydroelectric facilities and improve them to increase clean power production, operate them in harmony with the environment and enhance the value of the company's hydroelectric portfolio for its investor, employees, host communities and all stakeholders in the projects.

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