M&A Associate

The M&A Associate role is responsible for working hand in hand with the deal team to sell and acquire distributed generation solar projects to and from our partners. We are seeking a motivated individual that has a strong attention to detail, good financial acumen and experience working in and negotiating deal documents.

Job Duties include the following:
• Will support the deal team in organizing diligence requirements, exhibits, diligence logs and other critical deal information.
• Ensure that critical tasks are completed on time and responsible for following up with our partners to get critical documentation in a timely manner.
• Responsible for running high-level financial models.
• Responsible for maintaining closing timelines, diligence lists and organizing the deal teams to successfully close projects on schedule.
• Maintain knowledge of solar economic market trends, local market policies, general industry costs and key industry players.
• Organize and keep track of all project closing efforts.
• Attend industry trade shows and conferences (1-2 per year).
• Travel to meet with partners during the deal, as needed.
• Support forecasting activities and opportunity tracking activities using Salesforce and PowerBI.
• Other duties may be assigned.

Key Responsibilities:
• Market Analysis: Conduct thorough market research to identify potential project opportunities and assess market trends, competition, and risks.
• Project Identification: Collaborate with internal teams to define acquisition criteria and identify projects that align with the company's strategic goals.
• Due Diligence: Lead due diligence efforts, including financial analysis, facilitation of legal reviews, and operational assessments, to evaluate the viability and risks associated with potential projects.
• Financial Modeling: Develop comprehensive financial models to analyze financial feasibility and potential return on investment of prospective acquisitions.
• Negotiation: Conduct negotiations with project stakeholders, ensuring favorable terms and conditions that align with the company's objectives.
• Collaboration: Work closely with legal, finance, and other relevant departments to facilitate the acquisition process and ensure seamless integration of new projects.

Qualifications:
Required
• Bachelor’s degree in Finance, Economics, Accounting, Business, or a related field.
• 2+ years of experience in M&A, investment banking, corporate development, project finance, private equity, infrastructure investing, or a related field.

• Strong understanding of corporate finance, valuation, and investment analysis.
• Advanced proficiency in Microsoft Excel and experience working with complex financial models and data sets.
• Strong analytical and problem-solving skills with the ability to evaluate complex financial and business information.
• Excellent organizational skills and attention to detail.
• Strong written and verbal communication skills.
• Ability to manage multiple priorities and deadlines in a fast-paced, transaction-focused environment.

Preferred
• Experience in solar, renewable energy, energy infrastructure, or project finance.
• Familiarity with renewable energy project economics and the solar development lifecycle.
• Experience with Salesforce and Power BI or similar reporting and business intelligence tools.
• Experience working in a cross-functional environment with finance, legal, development, engineering, or investment teams.

Hybrid Work Requirement:
This is a hybrid position that currently requires a minimum of three full days per week in a New Energy Equity office located in Annapolis, MD; Boulder, CO; or Boston, MA.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of employment visas at this time.

The expected annual compensation range for this position is $60,000 - $70,000, encompassing base pay and potential incentive target opportunity. This range is a good faith estimate based on the position's requirements. Specific compensation offered to the selected candidate may vary depending on factors such as relevant knowledge, skills, training, experience, and market conditions. Additionally, this position may qualify for a comprehensive benefits package, including Retirement Benefits, Medical, Dental & Vision, Health Savings Account, Flexible Spending Account, Life Insurance and Disability, Tuition Reimbursement, Voluntary Benefits, Paid Absences, and more.

About Us:

At New Energy Equity, a proud subsidiary of ALLETE, we’re leading the charge in transforming the energy landscape with innovative solar solutions 🌞. As a top player in the renewable energy sector, we’ve successfully developed over 600MW of solar projects and closed more than $1.2 billion in clean energy investments 💼. Our projects deliver sustainable electricity to a wide range of clients, including commercial, industrial, municipal, and utility customers 🌍. But there’s more to us than just impressive numbers. We pride ourselves on a dynamic and engaging work environment where teamwork, continuous learning, and environmental stewardship are at the core of what we do 🌿. Our inclusive and collaborative culture encourages creativity and innovation, making our office a place where every idea is valued, and growth is a priority 💡. At New Energy Equity, you’ll join a passionate team that not only drives the clean energy future but also enjoys celebrating our successes together 🎉. With over 250 projects across the U.S. 🌎, our supportive atmosphere ensures a balanced work-life dynamic ⚖️ and a fun, fulfilling career path 🌟. Join us and be part of a forward-thinking company where your contributions are celebrated, and your professional development is supported as we work towards a brighter, sustainable future 🌍.

The statements above outline the essential functions, nature, and level of work expected as of the document’s preparation date. They are not exhaustive lists of all duties and responsibilities. New Energy Equity reserves the right to modify this job description at any time, without notice.

New Energy Equity is an equal opportunity employer. All applicants will be considered for employment without discrimination based on race, color, religion, sex, national origin, sexual orientation, gender identity, disability, protected veteran status, or any other basis prohibited by federal, state, or local law.

If you are an individual with disabilities who needs accommodation or you are having difficulty using our website to apply for employment, contact our HR department at amekonnen@newenergyequity.com