Who We Are Looking For

The Capital Markets Intern will be part of Clearway’s Capital Markets Team and will report to the Senior Director, Capital Markets. The Capital Markets Team is responsible for project finance, valuation, analysis, process improvement, and data systems in the Battery Storage, Utility Solar, and Utility Wind space. In particular, the team is responsible for the analysis and structuring of non-recourse construction debt, term debt, tax equity, and cash equity (project sale) transactions for renewable energy projects in the US.

If you don’t meet 100% of the qualifications but see yourself contributing, please submit your resume.

This position is part of the 10-week Summer Internship Program at Clearway Energy Group beginning in June 2025. This hybrid job posting is for the San Francisco office location.

We are looking for current juniors pursuing a bachelor’s degree in Engineering, Math, STEM, Finance, Business, Economics, or a related field.

Throughout this summer internship program, you’ll get exposure to real projects and challenges while gaining first-hand professional experience. At Clearway, you’ll gain access to an innovative and fast-paced work environment. You’ll also participate in networking and learning events with your fellow intern cohort.

Program Timeline:

Applications Close: March 7

Interviews: March and April

Final Decision: Offers likely extended in April

Program Dates: June 2 – August 8

What You'll Be Doing

Model Optimization

Refine Excel-based project finance model templates that serve our project origination, development, construction, financing, and asset management business.  Develop and improve the data automation connecting the project finance models and financial data systems that enable efficient use of the model at scale (for many projects), including the exploration of AI-based improvements. Help architect and implement the analytical and data infrastructure that enables structured project finance analysis to be leveraged across the organization in project financings, internal tracking/reporting, external tracking/reporting, budgeting, etc.

Financial Modeling & Management

Implement the terms of the tax equity, construction debt, term debt, cash equity, etc. financing in the project finance model templates.   Communicate to internal stakeholders our underwriting standards and implement those standards in the project finance model templates.   Support running financing processes to find and secure sources of capital that are the best fit for the company’s goals. Support presentations and reports on transaction status, risks, and benefits to the Leadership Team.

The Capital Markets Intern will be assigned to an individual project and will present results to the project leadership at the end of the summer.

What You'll Bring Advanced Excel skills and understanding of key financial concepts such as financial statements, accrual vs. cash accounting, discounted cash flow analysis, time value of money, internal rate of return, and net present value.  Ability to work well in a collaborative environment that emphasizes attention to detail, meeting deadlines, and working together to achieve company-wide objectives. Intellectual curiosity and an interest in renewable energy. You’re here because you believe in and want to help create a clean energy future. Strong interpersonal skills. You’re willing to ask lots of questions, listen to your colleagues, and contribute your ideas. Self-motivated, dependable, and accountable. This means showing up, being present, and being eager to dive into the workday. If you ever feel like you’ve completed all your tasks and have time to spare, you’re eager to speak up and ask what else you can do. Ability to work independently, multitask, and take ownership of projects and assignments. You’re comfortable taking initiative, asking questions, and speaking up. What Would Be Nice Project Finance modeling experience (i.e., discounted cash-flow analysis with multiple investors).  Experience working in the power or infrastructure industry (or demonstrated strong interest). Background with VBA and an interest in sharpening those skills through working on real-world projects. 

Clearway will not sponsor nonimmigrant visas for this position (H-1B, TN, E-3, J-1, etc.) or provide any assistance in support of any other form of immigration sponsorship or benefit including OPT or CPT.