Coast Energy · 14 hours ago
Corporate Development Associate
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Responsibilities
Manage all reporting activity, including:
All sponsor reporting, including board decks, monthly operations analysis and ad-hoc analysis.
Coordinate the preparation and timely delivery of Investment committee memos to the management team and investment committee.
Reporting to tax equity and debt providers as outlined in the section below.
Senior management reporting and analysis in partnership with the senior management team.
Maintain and improve Coast Energy’s “corporate model” to ensure proactive management of capital strategy and timing, including heightened transparency of capital needs from the Company’s sponsor(s).
Develop and maintain various financial models at the corporate, sponsor, project and departmental level to empower better decision making. Reconcile project-level data housed in the Company’s SiteTracker platform against the Company’s ERP and live Excel portfolio analysis models.
Drive improvements to the Company’s tax equity and related models in partnership with the CFO and other team members.
Support the continuous improvement in project-level pricing models in collaboration with the originations pricing analyst team.
Develop benchmarks and key performance indicators for financial and operating performance of the Company including enterprise valuation, budget-versus-actual reporting and other analyses.
Ad hoc projects such as (i) supporting due diligence activities on multiple fronts; (ii) underwriting operating asset acquisitions, framing-up the Company view on a repower strategy from a financial underwriting perspective, energy storage systems, etc.
Drive the optimization of the Company’s capital stack in collaboration with the CFO and other team members by developing smart strategies to reduce Coast Energy’s cost of capital.
Manage liquidity planning, analysis and reporting. Proactively identify debt and tax equity financing gaps and critical timelines and strategies to bridge anticipated gaps in financing.
Track and report timely debt and tax equity compliance.
Timely create and execute sponsor equity capital calls and debt facility draws.
Review, verify and execute the flow of funds for all equity/debt transactions in partnership with the CFO and other team members.
Create and maintain models to facilitate the determination of future project spending and the reconciliation of actual project spending versus project budget.
In collaboration with the other team members, ensure Coast Energy remains at the forefront of key industry developments affecting its business.
Proactively research and participate in critical learning exercises, including listening/viewing relevant podcasts, interviews, earnings reports, industry announcements as well as reading analyst and research reports. Provide management with timely, concise and insightful notes of such “market learnings”.
Qualification
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Required
3+ years experience as an associate at an investment bank or private equity firm focused on financial services, energy or similar
3+ years of solar project finance experience; strong preference for experience in the commercial and industrial solar sector.
Strong technical Excel modeling skills, including extended timeframe modeling of income statements, balance sheets, and cash flow statements.
Flexible to work extended hours as needed to deliver projects on time.
Detail-oriented with a high degree of accuracy.
Preferred
MBA and/or CFA preferred.
Company
Coast Energy
Coast Energy is a rapidly growing commercial and industrial (''C&I'') solar energy firm.
Funding
Current Stage
Early StageTotal Funding
unknownKey Investors
Crosstimbers Capital Group
2022-04-28Private Equity· undefined
Recent News
2023-12-23
2023-12-23
2022-04-29
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