Manager, Investments
Astraea
Sales & Business Development
Austin, TX, USA
About the Company
Our client is a utility-scale clean energy platform focused on developing, commercializing, constructing, and operating utility-scale solar plus battery storage projects in targeted U.S. energy markets. The firm features an experienced management team with a track record of developing and commercializing 10 GW+ of utility-scale power projects and a collective 100+ years’ experience across critical competencies, including power markets, offtake structuring, design, engineering and real estate, with such expertise being put towards 15+ GW portfolio of utility-scale renewable energy projects across the U.S., including 485 MW of in-construction and operational projects.
About the Role
The Manager, Investments, will be responsible for supporting our client's investment decision-making process across its portfolio of utility-scale solar and battery energy storage projects. This individual will work across the full project lifecycle, from early-stage development diligence through Final Investment Decision (FID) and into construction and operations, interfacing with the global investment partner and internal cross-functional teams to drive rigorous, well-supported investment recommendations.
Responsibilities
- Lead preparation of investment memoranda, FID packages, and supporting materials for internal Investment Committee and global investment partner approval processes
- Develop, manage, and quality-control fully structured project financial models to analyze project, partnership, and sponsor-level economics for solar and BESS projects
- Prepare marketing materials (e.g., teasers and CIMs) for internal and external stakeholders/ financing processes
- Procure and scrutinize third-party reports and project documentation to accurately determine and integrate assumptions into financial models
- Manage and coordinate external platform-level capital raising processes including coordinating with advisors, investors, and third-party diligence reports
- Manage and coordinate due diligence work streams across legal, tax, insurance, environmental, engineering, and market consultants
- Evaluate and advise on regulatory compliance matters affecting project economics and eligibility
- Monitor and assess interconnection queue dynamics, network upgrade cost exposure, and milestone risks across ISOs/RTOs; collaborate with the Interconnection team to inform go/no-go and capital allocation decisions
- Support the Development, Engineering, and Procurement departments on early-stage evaluation of potential project designs, equipment selection, financing structures, and key economic drivers
- Manage, mentor, and provide guidance to junior team members
- Communicate and build relationships effectively with both internal teams and external stakeholders
Qualifications
- 5+ years of renewable energy experience in project finance, corporate finance, or investment banking. Investment banking being the most preferred
- Advanced knowledge of Microsoft Excel formulas, financial model creation and best practices, and comfort understanding typical project finance macros/VBA code
- Knowledge of renewable energy (solar and storage) project economic drivers and related tax incentives
- Understanding of current tax credit monetization structures and construction-to-term debt financing, with a capability to economically model such structures
- Experience preparing investment memoranda, board materials, and financing marketing materials (teasers, CIMs) for sophisticated institutional audiences
- Ability to prioritize various tasks and meet assigned deadlines in a fast-paced environment
- Familiarity with interconnection processes, power market fundamentals, and the regulatory landscape affecting utility-scale renewables
- Experience managing due diligence processes, external consultants, and data rooms for project-level or portfolio-level transactions