C

Clēnera

Develops and operates utility-scale solar, storage

Investment Planning Intern

Summer 2027
No salary listed
Internship
Bachelor's
Boise, ID, USA
In Person
Finance & BankingCorporate Finance & FP&A

About the job

Requirements
  • Be an undergraduate or graduate student, preferably entering the final year, pursuing a degree in finance, economics, or accounting.
  • Have proficiency with Microsoft Office Suite and the ability to learn company-specific software programs, tools, processes, and machines.
  • Have intermediate Excel skills, including formulas and functions such as Sum, Lookup, If, IRR, and NPV, and be able to apply them in complex modeling.
  • Be able to develop PowerPoint decks from complex financial information for internal and external stakeholders.
  • Understand and interpret time value of money and financial statements.
  • Be able to adapt quickly to changing factors and develop solutions.
  • Be self-motivated to work through complex problems and competing priorities, with strong attention to detail and organization.
  • Have effective verbal and written communication skills.
Responsibilities
  • Design and build detailed financial models incorporating project-specific data to forecast cash flows, internal rates of return, and net present values and evaluate the financial feasibility of solar and storage projects.
  • Conduct sensitivity analyses in financial models, testing variables such as energy prices, financing terms, tax incentives, and operational efficiencies.
  • Support the generation of income statements, balance sheets, and cash flow statements.
  • Assist in evaluating financing options for solar projects, including debt and equity structures, tax equity financing, and other renewable energy-specific financial mechanisms.
  • Collaborate with senior finance professionals during project-financing due diligence by compiling and analyzing financial documentation, researching market conditions, and ensuring financial assumptions align with current industry benchmarks.
  • Collaborate with individual departments and cross-functionally with other departments within the organization.
  • Maintain organizational excellence in project timelines and deliverables.
  • Demonstrate the Clēnera Core Values of Caring, Committed, and Courageous.
  • Perform other duties as assigned.

About the company

C

Clēnera

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Clēnera develops, owns, and operates utility-scale solar and energy storage projects across the United States, managing the full lifecycle from site acquisition to long-term asset management and selling power to utilities under long-term PPAs. Its systems pair large solar farms with battery storage to deliver reliable, firm power for the grid. It differentiates itself through vertical integration, a technology-driven development background (GIS-based site qualification), and strong backing from Enlight Renewable Energy. Its goal is to expand a scalable, grid-scale clean-energy portfolio that helps utilities meet decarbonization targets with stable, long-term power supply.

Company Size

201-500

Company Stage

N/A

Total Funding

$2.7B

Headquarters

Boise, Idaho

Founded

2013

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Simplify's Take

What believers are saying

  • Google's May 26, 2026 200 MW Oklahoma PPA expands Clēnera's marquee customer roster.
  • Idaho Power's 20-year Crimson Orchard contracts lock in revenue through the first half of 2027.
  • Multiple 2026 financings from HSBC, MUFG, and Wells Fargo validate Clēnera's bankability.

What critics are saying

  • CO Bar's 2027-2028 COD leaves two years of construction, financing, and interconnection risk.
  • Clēnera still litigated Microvast battery-container claims in 2026, exposing supplier management weaknesses.
  • Federal tax-credit and lender appetite shifts can strand its $3.05 billion Arizona capital stack.

What makes Clēnera unique

  • Clēnera's June 2026 CO Bar Complex financing reached $2.6 billion, its largest ever.
  • Its 1.2 GW Arizona cluster uses one 1 GW AC interconnection and five projects.
  • January 2026 Roadrunner, February 2026 Quail Ranch, and March 2026 Crimson Orchard show repeat execution.

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Benefits

  • Remote Work Options
  • Flexible Work Hours
  • Paid Vacation
  • Paid Holidays
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Wellness Program
  • Mental Health Support
  • Conference Attendance Budget
  • Professional Development Budget
  • Health Insurance
  • Dental Insurance

Growth & Insights and Company News

Headcount

6 month growth

20%

1 year growth

20%

2 year growth

20%
Navajo County Publishers, Inc.
Aug 5th, 2026
Next phase of development celebrated at the Bijou Center.

Next phase of development celebrated at the Bijou Center. August 04, 2026 Grow Arizona CEO Kathleen Smith with the help of local youth cut the ribbon on the new Workforce Digital Skills Lab and shopfitting of the Bijou Shop. Grow Arizona CEOs Linda Kor (left) and Kathleen Smith (second from left) along with representatives from Heart of America, SOLV Energy, Clenera and NextPower celebrate the launch of The Bijou Center Workforce Digital Skills Lab and shopfitting of the Bijou Shop in Holbrook. Bijou Teen Center Director Lyndzi Brawley (left) played host to a panel of employees from SOLV Energy, Clenera and NextPower as they answered questions from kids in attendance regarding careers in energy. Last week Grow Arizona Workforce Network and supporters celebrated the launch of the new Workforce Digital Skills Lab and shopfitting the Bijou (bee-zhou) Shop at The Bijou Center, located at 1002 W. Hopi Drive. Heart of America, a national nonprofit that transforms learning spaces and helps close resource gaps for children, and clean energy companies SOLV Energy, Clenera and NextPower, partnered to invest in creating a first-of-its-kind workforce development hub for rural Arizona. The space will allow young people to develop digital career skills, earn industry-recognized certifications, and gain hands-on entrepreneurial experience that will prepare them for the opportunities of tomorrow. Also in attendance were county and city administrators, elected officials, school administrators from both Holbrook and Joseph City unified school districts and Northland Pioneer College, community members and youth. The day featured a ribbon cutting with a speech from Grow Arizona Co-CEO and Holbrook mayor Kathleen Smith, Co-CEO and Joseph City resident Linda Kor, as well as representatives from Heart of America and the energy companies that funded development of the spaces. In addition, a panel of representatives from the energy companies answered questions from the young people in attendance regarding their careers and assisted by putting together furnishings and making the space special for the kids who will use it. Grow Arizona Workforce Network is a nonprofit organization dedicated to helping youth in Navajo and Apache counties successfully transition to postsecondary education, training and careers. Through personalized, in-person services, workforce development programs and meaningful opportunities, the organization connects young people with the resources, skills, and support they need to build successful futures. Grow Arizona also owns and operates The Bijou Center in Holbrook, a community hub that includes The Bijou Teen Center, serving youth ages 13-18; Bijou Bowls Café, which provides hands-on workforce training and paid work experience; and the soon-to-open Bijou Shop, a retail space that will showcase and sells the creative work of local youth and artisans from across the region. To learn more about Grow Arizona and The Bijou Center, visit www.growarizona.org.

Energy-Storage.news
Jun 26th, 2026
Enlight secures financing for 1.2GW/4GWh Arizona solar and storage 'Complex'

Enlight secures financing for 1.2GW/4GWh Arizona solar and storage 'Complex' June 26, 2026 IPP Enlight Renewable Energy has announced that its US subsidiary Clēnera Holdings has entered into a debt financing framework agreement for the CO Bar Complex in Arizona, US. Announced 25 June, the CO Bar Complex consists of five projects with a combined capacity of approximately 1.2GW of solar PV generation and 4GWh of battery energy storage system (BESS) capacity. The complex operates under a 1GW AC interconnection agreement and represents Enlight's "Connect and Expand strategy", which uses a single large grid connection to develop multiple solar and energy storage projects as an integrated cluster. Commercial operation is scheduled to begin in phases between the second half of 2027 and the first half of 2028. CO Bar 1 features 258MW of solar PV generation and an 824MWh BESS. CO Bar 2 and CO Bar 3 contribute an additional 480MW and 473MW of solar PV, respectively, whereas CO Bar 4 and CO Bar 5 are solely energy storage projects, offering 1,600MWh and 1,576MWh of storage, respectively. Earlier this year, Enlight completed several milestones in advancing the project toward operation and entered into two 20-year busbar energy service agreements with utility Salt River Project (SRP) for the energy storage stages, CO Bar 4 and 5. Total investment for the complex ranges from US$2.9 billion to US$3.05 billion. The financing structure includes US$1.70 billion in term debt, with estimated tax equity proceeds of US$1.45 billion to US$1.52 billion. Net investment after tax equity is projected at US$1.45 billion to US$1.52 billion. First-year financial projections estimate revenues between US$250 million and US$260 million, with EBITDA of US$205 million to US$210 million. Seven global financial institutions provided financing commitments totaling approximately US$2.6 billion, including BNP Paribas Securities Corp., Crédit Agricole CIB, MUFG Bank Ltd., Natixis New York Branch, Norddeutsche Landesbank Girozentrale New York Branch (Nord/LB), Societe Generale, and Wells Fargo Securities. According to Enlight,CO Bar 1-2 have satisfied the conditions precedent for debt draw, while CO Bar 3-5 are expected to meet their requirements in the coming months. Construction of CO Bar 1-3 is fully underway, with CO Bar 4-5 expected to reach full mobilisation in the second half of this year. Enlight also expects to finalise an agreement with a tax equity partner during 2027. Each project is expected to qualify for the 10% Energy Community bonus tax credit, and the company intends to pursue the 10% Domestic Content bonus tax credit for CO Bar 4 and 5. Enlight obtained US$1.44 billion in debt financing for its Snowflake A solar-plus-storage project in November 2025. The project features 600MW of solar PV paired with 1,900MWh of energy storage and is scheduled to begin commercial operation in the second half of 2027. Prior to this, the company completed two tax equity partnerships worth nearly US$340 million for its 290MW Roadrunner project. The Roadrunner facility is also situated in Arizona and operates under a 20-year busbar power purchase agreement with Arizona Electric Power Cooperative (AEPCO). 15 September 2026 San Diego, USA You can expect to meet and network with all the key industry players again in 2025 from major US asset owners, operators, RTOs and ISOs, optimizers, software and analytics providers, technical consultancies, O&M technology providers and more. 15 September 2026 Berlin, Germany Launching September 2026 in Berlin, Energy Storage Summit Germany is a new standalone event dedicated to Germany's energy storage market. Bringing together investors, developers, policymakers, TSOs, manufacturers and optimisation specialists, the Summit explores the regulatory shifts, revenue models, financing strategies and technology innovations shaping large-scale deployment. With Germany targeting 80% renewables by 2030, it offers a focused platform to connect with the decision-makers driving the Energiewende and the future of utility-scale storage. 6 October 2026 Warsaw, Poland The Energy Storage Summit Central Eastern Europe is set to return in September 2025 for its third edition, focusing on regional markets and the unique opportunities they present. This event will bring together key stakeholders from across the region to explore the latest trends in energy storage, with a focus on the increasing integration of energy storage into regional grids, evolving government policies, and the growing need for energy security.

NS Energy
Jun 26th, 2026
Enlight's Clēnera secures $2.6bn debt financing for CO Bar Complex.

Enlight's Clēnera secures $2.6bn debt financing for CO Bar Complex. A consortium of seven banks is backing the large-scale solar and storage project in Arizona, US. Enlight Renewable Energy's US subsidiary, Clēnera, has agreed to a debt financing framework for the CO Bar Complex in Arizona, securing approximately $2.6bn from a consortium of seven financial institutions. The CO Bar Complex comprises five projects with a combined solar power generation capacity of around 1.2GW and energy storage capacity of 4GW-hours (GWh). Commercial operation is expected to begin in the second half of 2027 (H2 2027) and continue through H1 2028. Clēnera CEO Jared McKee said: "As the largest financing in our history, it supports the development of a landmark energy asset that will generate enough power for nearly 220,000 homes across Arizona." The total investment for the complex is forecast at $2.9bn-3.04bn. The structure includes term debt of $1.7bn, estimated tax equity proceeds ranging from $1.45bn to $1.52bn, and a net investment after tax equity of $1.45bn-1.52bn. In the project's first full year of operation, Enlight anticipates the complex will generate revenues of between $250m and $260m, and earnings before interest, taxes, depreciation and amortisation of $205m-210m. The group of lenders comprises BNP Paribas Securities, Crédit Agricole CIB, MUFG Bank, Natixis (New York Branch), Norddeutsche Landesbank, New York Branch (Nord/LB), Société Générale and Wells Fargo Securities. Nord/LB acted as the documentation agent, MUFG as administrative agent, BNP as collateral agent and depositary, Natixis as due diligence coordinator and Crédit Agricole CIB as hedge coordinator. Construction is under way for CO Bar 1-3, with full mobilisation for CO Bar 4 and 5 expected in H2 2026. The projects are supported by five offtake agreements with the Salt River Project and Arizona Public Service, involving long-term contracts of up to 20 years for solar power and energy storage. Enlight expects to enter a tax equity partnership in 2027, and the projects are projected to be eligible for the 10% Energy Community bonus tax credit. The company also plans to secure the 10% Domestic Content bonus tax credit for CO Bar 4 and 5. In March 2026, Clēnera secured $304m in financing for the Crimson Orchard solar and energy storage facility in Elmore County, Idaho. Give your business an edge with our leading industry insights.

Power Technology
Jun 26th, 2026
Enlight's Clēnera secures $2.6bn debt financing for CO Bar Complex.

Enlight's Clēnera secures $2.6bn debt financing for CO Bar Complex. A consortium of seven banks is backing the large-scale solar and storage project in Arizona, US. Enlight Renewable Energy's US subsidiary, Clēnera, has agreed to a debt financing framework for the CO Bar Complex in Arizona, securing approximately $2.6bn from a consortium of seven financial institutions. The CO Bar Complex comprises five projects with a combined solar power generation capacity of around 1.2GW and energy storage capacity of 4GW-hours (GWh). Commercial operation is expected to begin in the second half of 2027 (H2 2027) and continue through H1 2028. Clēnera CEO Jared McKee said: "As the largest financing in our history, it supports the development of a landmark energy asset that will generate enough power for nearly 220,000 homes across Arizona." The total investment for the complex is forecast at $2.9bn-3.04bn. The structure includes term debt of $1.7bn, estimated tax equity proceeds ranging from $1.45bn to $1.52bn, and a net investment after tax equity of $1.45bn-1.52bn. In the project's first full year of operation, Enlight anticipates the complex will generate revenues of between $250m and $260m, and earnings before interest, taxes, depreciation and amortisation of $205m-210m. The group of lenders comprises BNP Paribas Securities, Crédit Agricole CIB, MUFG Bank, Natixis (New York Branch), Norddeutsche Landesbank, New York Branch (Nord/LB), Société Générale and Wells Fargo Securities. Nord/LB acted as the documentation agent, MUFG as administrative agent, BNP as collateral agent and depositary, Natixis as due diligence coordinator and Crédit Agricole CIB as hedge coordinator. Construction is under way for CO Bar 1-3, with full mobilisation for CO Bar 4 and 5 expected in H2 2026. The projects are supported by five offtake agreements with the Salt River Project and Arizona Public Service, involving long-term contracts of up to 20 years for solar power and energy storage. Enlight expects to enter a tax equity partnership in 2027, and the projects are projected to be eligible for the 10% Energy Community bonus tax credit. The company also plans to secure the 10% Domestic Content bonus tax credit for CO Bar 4 and 5. In March 2026, Clēnera secured $304m in financing for the Crimson Orchard solar and energy storage facility in Elmore County, Idaho. Give your business an edge with its leading industry insights.

GlobeNewswire
Jun 25th, 2026
Enlight Reaches Financial Close for CO Bar Complex, Securing Approximately $2.6 Billion in Debt Financing for Its Largest Project to Date

The CO Bar Complex, one of the largest projects in the United States, totals approximately 1.2 GW of solar power generation and 4.0 GWh of energy storage ...