Competitive Power Ventures, Inc. (“CPV”), with headquarters in Silver Spring, MD, and an office in Braintree, MA is uniquely positioned to leverage global technology and financial partnerships to help modernize America’s power generation. We are driven to improve our energy infrastructure by developing and operating power generation facilities using cutting edge, domestically available natural gas and renewable power technology. CPV is owned by OPC Energy, the first privately held electric company in Israel.
CPV is looking to add to its Finance team to further advance its renewable power project development and management capabilities. The Finance group is responsible for supporting the development of CPV’s renewable and thermal projects and for the financial management of projects owned by CPV, as well as projects owned by third parties but managed by CPV under asset management agreements. This new hire will work with project team members to support the development and financing of renewable energy projects (wind, solar, and storage) including financial modeling and transaction execution. The position will also help drive capital investment decisions and optimize capital structures, including tax equity structures. This position is an excellent opportunity for a driven individual with a desire to work in a fast-paced environment, who can move quickly, multitask, prioritize and work with confidential information.
The location of this role is preferred in our Silver Spring, MD office, but CPV could consider a location in the Braintree, MA office.
General responsibilities will include:
• Support the CPV Development group from the screening of renewable development opportunities through the development of mature projects;
• Ownership and responsibility of project financial models including assumption support;
• Work with project leads and marketing responding / supporting potential offtake opportunities;
• Present financial results, project performance and variance analysis to project managers and CPV management;
• Coordinate review of project level financial results, proformas of individual assets and portfolio roll-up;
• Review quantitative and qualitative analysis in support of project-level development. Sensitize existing and/or create financial proformas to drive investment decisions;
• Conduct contract / agreement reviews;
• Build and grow strong tax equity and lender relationships; and
• Collaborate closely with other departments within the Company and work with senior professionals to deliver final work products as appropriate.
- Bachelor’s degree with relevant Business Administration, Finance, Economics or Engineering orientation
- 1-3+ years of relevant work experience
- Experience modeling tax equity structures for solar and wind projects
- Proficiency in Microsoft Excel, Word, and PowerPoint
- Excellent analytical and interpersonal skills with a strong desire to learn and succeed
- Strong oral and written English skills
- Detail-oriented, organized, and able to manage several tasks simultaneously in a fast-paced environment
- Ability to handle confidential and sensitive information
- Must pass a pre-employment criminal background check and financial credit check
CPV holds all employees to the highest ethical standards and is committed to conducting business with integrity, transparency and honesty to ensure our success.
CPV is an Equal Opportunity Employer.
Location: Silver Spring, MD