Sr Associate, Origination & Market Analysis

Company Profile:

Repsol is a globally integrated multi-energy company headquartered in Madrid, Spain. With a team of 25,000 employees across more than 20 countries, we proudly serve 24 million customers worldwide. Our diversified renewable energy portfolio totals nearly 3,700 MW of installed capacity, with a strong presence in Spain, the United States, and Chile.

As part of our commitment to a more sustainable future, low-emissions generation is at the core of our strategy to achieve net-zero emissions by 2050. Repsol Renewables North America (RRNA) plays a key role in this vision, with aims to increase generation capacity between 3,000 – 4,000 MW by 2027.

We are driven by innovation, collaboration, and purpose. Repsol offers a comprehensive Employee Value Proposition (EVP), including a holistic Total Rewards program that supports the wellbeing, growth, and contributions of our people. Join us in shaping the future of energy.

Job Summary:

The Senior Associate, Origination, Commercial Analytics & Market Analysis will support the growth of the Company's renewable energy portfolio through a combination of customer origination, market intelligence, commercial analysis, transaction support, and pricing strategy. The role sits at the intersection of customer demand, power market fundamentals, and project commercialization.

Job Requirements:

Market Analysis & Intelligence

• Develop market intelligence to inform origination and commercialization strategies across PJM, MISO, NYISO, ERCOT, and WECC.
• Monitor power market fundamentals including supply additions and retirements, load growth, transmission constraints, congestion trends, capacity markets, and renewable penetration.
• Evaluate evolving market conditions and identify regions, customers, technologies, and products with the highest commercial potential.
• Analyze forward energy, capacity, ancillary service, and REC market dynamics.
• Assess impacts of regulatory, policy, and market rule changes on project economics and customer demand.
• Produce market outlooks and commercial opportunity assessments for senior management.
• Identify emerging customer segments and offtake opportunities, including hyperscalers, utilities, C&I customers, data centers, and energy-intensive industries.
• Support development teams by evaluating market attractiveness and project competitiveness at both a regional and nodal level.
• Conduct competitor analysis and track offtake activity, PPA pricing trends, and market transaction activity.
• Recommend go-to-market strategies based on market fundamentals and customer demand signals.

Commercial Analytics & Deal Valuation

• Support commercial analysis for renewable energy, PPA, VPPA, REC, capacity, and other structured energy transactions.
• Coordination with M&A/pricing team on pricing, valuation, and margin analysis.
• Contribute qualitative narratives to support the valuation of project revenue streams under multiple market scenarios.
• Evaluate capacity accreditation, ELCC impacts, and resource adequacy frameworks.
• Support pricing recommendations and negotiation strategies.
• Develop investment committee materials and executive-level decision support analyses.

Origination Support

• Partner with originators to identify and advance commercial opportunities.
• Support customer engagement, proposal development, and transaction execution.
• Participate in customer meetings and commercial discussions.
• Prepare customer-facing market insight materials and pricing recommendations.
• Assist with RFP responses and competitive bidding processes.
• Track commercial opportunities and support pipeline management processes.

Qualifications:

• Must be eligible to work for any U.S. employer without the need for sponsorship now or in the future.
• Bachelor's degree in Finance, Economics, Engineering, Mathematics, Energy Systems, Statistics, Business, or a related quantitative field.
• Master's degree (MBA, MS Finance, MS Economics, MS Energy Systems, MS Analytics, or equivalent) preferred.
• 3-7 years of experience in renewable energy, power markets, energy trading, project development, energy consulting, infrastructure investing, utility procurement, or energy finance.
• Experience supporting the origination, negotiation, and execution of renewable energy transactions, including:
  • Physical PPAs
  • Virtual PPAs (VPPAs)
  • Renewable Energy Certificate (REC) transactions
  • Capacity agreements
  • Structured energy products
• Understanding of North American organized power markets, including PJM, MISO, NYISO, ERCOT, and/or WECC.
• Experience evaluating market fundamentals, including:
  • Supply and demand dynamics
  • Capacity markets and resource adequacy
  • Transmission and congestion trends
  • Renewable penetration and capture price impacts
  • Regulatory and policy developments
• Strong financial modeling and transaction valuation experience.
• Experience building market outlooks and translating market intelligence into commercial recommendations.
• Prior experience supporting investment committee, executive leadership, or board-level presentations.
• Proficiency with data analytics, visualization, and reporting tools.
• Demonstrated ability to work cross-functionally with Development, Finance, Legal, Commercial Operations, and Leadership teams.

Repsol is an Equal Opportunity Employer M/F/Disability/Veteran