National Grid Renewables

Associate, Project Finance

LocationBloomington, MN
Job TypeFull-time

About This Job

National Grid Renewables is a full-service renewable energy company headquartered in Minneapolis, Minnesota. National Grid Renewables has developed over 2,400 megawatts of wind and solar projects that are either operational or currently under construction throughout the United States. National Grid Renewables has a multi-gigawatt development pipeline of wind and solar projects in various stages of development throughout the United States. National Grid Renewables provides custom solutions for utilities and corporations looking to harness renewable energy for business growth. With deep roots in agriculture, National Grid Renewables prides itself on developing renewable energy projects that are farmer-friendly, community-driven, and beneficial for rural communities.

The Associate, Project Finance will support all aspects of the business support and manage all aspects of project finance transactions involving renewable energy projects and battery storage technologies. Your key responsibilities will include supporting and managing the due diligence process, coordination with external financing parties to support closing and funding transactions, and supporting structuring complex financing agreements. You will work closely with other teams within the NGR team, including Investments & Portfolio Management, Development, Construction, Engineering, Asset Management, Legal, Tax, and Operations.

The Project Finance function at NGR is responsible for securing financing, primarily debt and tax equity, required to construct, own, and operate utility-scale renewable energy projects. The Project Finance team is responsible for making projects bankable and investable, translating a “developed” project into a fully funded operating asset.


Key Accountabilities

Manage due diligence and closing process for financing transactions, including coordination with internal teams and external partners
Support all aspects of project finance negotiations, including construction debt, term debt, tax credit transfers, and tax equity investments
Interpret terms in financing agreements to identify issues that may impact project level and sponsor economics, and communicate findings to management
Develop and manage financial models to analyze project and partnership level performance of operating projects
Support project finance activities during construction, term conversion, equity funding and operations
Manage project and portfolio-level financings for operating projects, including lender relationships and reporting activities
Build and maintain strong relationships with banks, tax equity investors, financial advisors, lawyers, and other capital providers
Inform strategy regarding a development project’s financability, potential hurdles, and optimal financing approaches


Technical Capabilities (Knowledge, Skill, Experience)

Educated to Bachelor’s degree level in finance, economics, accounting, engineering or related field
Experience 2-5 years in finance, banking, consulting, or related field
Familiarity in reading and interpreting commercial contracts and agreements
Experience with project, corporate finance debt, or equity transactions in power generation or energy/utilities sector preferred, but not required
Experience in renewable energy, power, or infrastructure preferred, but not required
Collaborative positive attitude
Driven and self-motivated
Analytical minded and detail-oriented
Strong written and oral communicator
Ability to adapt quickly to changing priorities
Experience using Microsoft Office Suite

Pay Range for the posted level: Minimum of $113,000-142,000.00

We offer a comprehensive benefit package, including Medical, Dental, 401(k) and disability benefits.


National Grid Renewables believe fostering diversity, equity and inclusion is everyone’s responsibility. Open, honest and respectful ways of working, learning and communicating are the cornerstones of a successful business, and leveraging inclusion and diversity lead to better business results. At National Grid Renewables, we’re focused on creating a work environment where our people feel respected and included, and therefore empowered to be themselves.

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