Structured Finance Associate, IPP

New Leaf Energy

Chicago, Illinois

Full Time

Posted June 6, 2026

$105k - $120k

Energy Management

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Job Description

New Leaf Energy compensates all employees in three ways: market-competitive base salary, plus above-market variable compensation, plus an equity-like program such that all employees experience the benefits of ownership.

Key Responsibilities

Maintain complex, project and portfolio-level financial models to evaluate project returns (IRR, NPV), cash flows, and sensitivities
Responsible for providing arm’s length pricing to NLE’s development company (DevCo) for projects in consideration for sale to NLE’s Power Plants Division (IPP)
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, and 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 of project-specific MIPAs between NLE DevCo and IPP using existing template, identifying potential DevCo post closing obligations (PCOs) and inclusion of 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 agreement(s) 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 on the standard work needed for this to run smoothly and efficiently.
Support all new 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.
Any other duties, as assigned by Manager of Structured Finance.

Requirements

While no individual will possess them all, the successful candidate will bring many of the following experiences, skills, and attributes. If you’re unsure whether you meet enough of the qualifications below but believe that your experience and skill set is a good match for this position, we invite you to apply!
3-4 years in renewable energy project finance, investment banking, or corporate development, specifically with exposure to solar assets.
Bachelor’s degree in Finance, Economics, Business, or a related quantitative field
Advanced Excel modeling skills (VBA is often a plus) and a deep understanding of Project Finance mechanics.
General understanding of tax equity concepts and different project finance deal structures;
General understanding of project development lifecycle for renewable energy projects
Strong attention to detail and project management skills required;
Strong written and verbal communication skills.

Benefits & Perks

New Leaf Energy’s success is driven by our collaborative, long-term relationships based on trust and transparency. We offer a flexible work environment that places significant responsibility in independent teams and creates opportunities for innovation and personal growth. New Leaf Energy’s benefits are designed to appropriately recognize our employees’ contributions and enable a reasonable work/life balance. Our benefits include:
Competitive salaries and comprehensive benefits, including medical, dental and vision;
A 401k plan with immediate vesting and a company match (100% of the first three percent of your pay; 50% for the next two percent you contribute);
An open and self-managed paid time-off policy;
A hybrid work location policy that supports working from home for part of the week;
A parental leave policy for both birthing and non-birthing parents, available immediately upon hire;
Professional development and education assistance.