Valuation Analyst [Hybrid/ Remote]

Scope of Position

EDF Renewables North America is a market-leading independent power producer and service provider with over 35 years of experience. We deliver grid-scale power: wind (onshore and offshore), solar photovoltaic, and storage projects; distribution-scale power: solar and storage; asset optimization: technical, operational, and commercial expertise to maximize the performance of generating projects, and onsite solutions, through the Company’s PowerFlex affiliate, offering a full suite of onsite energy solutions for commercial and industrial customers: solar, storage, EV charging, energy management systems, and microgrids.

The Valuation Analyst supports the Valuation Lead in certain areas of work on behalf of the Atlantic Shores Commercial Director and by doing so, supports in guiding the JV through the wider Valuation landscape.

The Valuation Analyst will work with the wider JV team to further improve the business case in order to take Financial close / FID on Project 1 and any future JV project. In particular, valuation support will focus on future bids in the JV’s target markets (NJ, NY), with projects emanating for the entire portfolio (Lease 0499, 0549, 0541). Any given project size could be to the tune of $2-6bln USD CAPEX.

Responsibilities

• Support external financial advisors/sponsors in day-to-day modelling queries
• Use ASOW DCF model to support the optimization of ASOW Project 1
• Other duties as assigned
• Modelling support for NY and NJ Rd3 bids
• Support the development of a Hydrogen Pilot model, fit for purpose for JV needs
• Economic modeling
• Work on ad-hoc model adjustment to adapt the current JV model to different financial structures and regulations
• Drive the economic development of future JV projects from all JV leases

Qualifications

Education/Experience –

• Experience with Project Finance and tax Equity deals is required
• Bachelor’s degree in Engineering, Science, or Business is required
• 3+ years of relevant work experience within renewable and/or offshore industry leading high-profile projects and modelling work. Any experience with offshore wind a significant competitive advantage

Skills/Knowledge/Abilities –

• Proficient in excel modelling (VBA or python is a significant advantage)
• Willingness and capacity to dive into analytical details, and surface with crisp summary of key insights
• Advanced excel expertise and modelling skills are essential
• Strong communication skills and ability to grow into a trusted advisor
• Ability to understand economic analysis techniques and practical application of economic theory, decision theory/tools and statistical analysis
• The successful candidate is able to interface independently with internal and external subject matter experts (from JV technical leads and power price experts to parent companies’ economists and financial advisors), elaborate the information received and correctly implement them in the JV discounted cashflow model, to produce fit for purpose economic valuations.
• Self-starter with sound judgment and strong interpersonal skills (listening, inquiry, advocacy, facilitation and negotiation)
• Experience with quantitative risk modelling and inclusion on these results into economic analyses
• The position requires strong analytical skills, and an ability to organize, analyze and communicate impact of decisions to team members, partners, and other stakeholders
• Results-driven team player comfortable working in a diverse and fast-paced work environment; must deliver high quality results on tight timelines, while working effectively with stakeholders at all levels
• Working proficiency in MS Office tools (PowerPoint / Word)

Physical Requirements –

Ability to travel every month to an Atlantic Shores or parent office for 3-5 days at a time.

Working Conditions –

Significant time to be spent in Atlantic Shores office in Brooklyn, New York – with regular visits to the Atlantic Shores offices in Boston, Massachusetts and New Jersey.

Some visits to parent organizations’ sites will be required. The Valuation Lead will also be attending various (wind) conferences and meetings. During project construction, presence on site may be required.

Benefits –

This role’s annual base salary range is between $112,500 and $187,500 .

In addition, EDF Renewables offers best-in-class employment incentives, including.

• Rewarding 401k Package: EDF Renewables provides a generous 100% match of employee’s first 6% contributed with immediate vesting.
• Comprehensive Health Benefits: EDF Renewables USA pays 100% of premiums for employee health benefits & provides low-cost coverage for eligible dependents
• Competitive Bonus incentives: This position is eligible for our annual bonus program

We Are Also Proud To Offer

• Favorable time off programs, including paid parental leave
• Supportive Mentorship & Buddy Programs
• Rewarding Learning & Development Opportunities
• Personalized Financial 1:1 Coaching Workshops

Be a part of an innovative and collaborative team environment that fosters our goal of Delivering renewable solutions to lead the transition to a sustainable energy future.