Structured Finance Associate, IPP

New Leaf Energy

Boston, Massachusetts

Full Time

Posted April 27, 2026

$104k - $121k

Renewable Energy Development

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Job Description

The Structured Finance Associate supports renewable energy project finance activities, including financial modeling, project diligence, capital structuring, and transaction management, primarily within the solar energy sector. The role involves coordinating with various stakeholders to ensure efficient project development and funding processes.

Key Responsibilities

Maintain complex financial models to evaluate project returns, IRR, NPV, cash flows, and sensitivities.
Support due diligence processes on projects, including real estate, permitting, interconnection, and development items.
Manage project management tools, checklists, and schedules to ensure efficient transaction closing and project progression.
Draft project-specific agreements such as MIPAs and identify post-closing obligations and terms.
Monitor and ensure compliance with condition precedents in financing agreements to facilitate timely drawdowns of funds.
Oversee day-to-day operations supporting the capital structure, including compliance, reporting, and funding agreements.
Support capital transactions by managing data rooms, responding to investor inquiries, and coordinating internal and external resources.

Requirements

Maintain complex, project and portfolio-level financial models to evaluate project returns IRR, NPV, cash flows, and sensitivities.
Provide arm's length pricing to NLE’s development company DevCo for projects in consideration for sale to NLE’s Power Plants Division.
Support Manager of Structured Finance and third-party diligence providers in performing diligence on projects offered to IPP by DevCo with respect to real estate, project permitting, interconnection, and other development items.
Maintain checklists, schedules, and other project management tools required to keep the diligence process organized and allow transactions with New Leaf’s DevCo to close quickly and IPP to draw down on funds to move forward in the project construction process.
Assist Manager of Structured Finance in drafting project-specific MIPAs between NLE DevCo and IPP using existing templates, identifying potential DevCo post-closing obligations PCOs, and including additional terms that align with IPP’s financing arrangements.
Monitor and ensure compliance with the condition precedents (CPs) agreed to by IPP in existing financing agreements in support of drawing down on committed funds in a timely manner.
Manage the day-to-day operations needed to support the capital structure, including compliance, reporting, and execution of supplemental funding agreements.
Execute standard work needed for smooth and efficient operations related to capital transactions, including serving as deal support on additional rounds of PPD financing.
Perform project management of internal and external resources to ensure efficient execution and a smooth deal close.
Manage data rooms and respond to investor inquiries during capital-raising processes.
Proactively identify and work on new process improvements in coordination with other stakeholders.
Possess 3-4 years of experience in renewable energy project finance, investment banking, or corporate development, specifically with exposure to solar assets.
Hold a Bachelor’s degree in Finance, Economics, Business, or a related quantitative field.
Have advanced Excel modeling skills, with VBA often considered a plus, and a deep understanding of Project Finance mechanics.
Have a general understanding of tax equity concepts and different project finance deal structures.
Have a general understanding of the project development lifecycle for renewable energy projects.
Demonstrate strong attention to detail and project management skills.
Possess strong written and verbal communication skills.

Benefits & Perks

Market-competitive base salary ranging from 104,430 to 121,120 in Boston, with geographic adjustments in other locations

On-target annual cash bonus of approximately 10% of base salary

Equity-like ownership program

Comprehensive benefits including medical, dental, and vision insurance

401k plan with immediate vesting and company match of 100% on the first 3% of contributions and 50% on the next 2%

Open and self-managed paid time-off policy

Hybrid work location policy supporting part-time work from home

Parental leave policy for both birthing and non-birthing parents, available immediately upon hire

Professional development and education assistance

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