Full-Time

Power Trading Associate

Posted on 12/20/2024

Invenergy

Invenergy

1,001-5,000 employees

Develops and operates sustainable energy solutions

Compensation Overview

$95k - $105kAnnually

+ Bonus

Mid, Senior

No H1B Sponsorship

Chicago, IL, USA

Category
Quantitative Analysis
Quantitative Trading
Quantitative Finance
Required Skills
Risk Management
Excel/Numbers/Sheets
Requirements
  • Bachelor’s Degree in Engineering, Science, Economics, Math, Business, or a related field.
  • 3+ years of relevant experience.
  • Proficiency with MS Office, specifically with Excel.
  • Eligible to work in the United States without the need for employer visa sponsorship now or in the future.
Responsibilities
  • Support trading activities with the risk management, financial reporting, asset management and settlements functions.
  • Support trading floor operations, including but not limited to, transaction execution, energy scheduling, support of the development of analytical tools, support of after-the-fact analysis and translate those results.
  • Support the origination and execution of mid-marketing transactions for structured hedges, involvement in negotiations of enabling agreements such as ISDA, NAESB, and EEI.
  • Provide accurate reporting of hedges that adhere to constraints of the assets’ project finance structures, including the use of swaps, options, FTRs/CRRs, basis trades, REC trades and other structured products.
  • Interface with external customers, partners, and brokers. Internally this position will interact with teams such as commercial transactions, trading, asset management, risk, and accounting.
Desired Qualifications
  • Knowledge of energy markets: ERCOT, PJM, SPP, NYISO, and MISO - other industries good (likes commodity, financial markets)
  • Understanding of renewable generation and how it interacts with RTOs, Transmission Owners, and Balancing Authorities.
  • Experience with ETRM systems (i.e. Allegro, Adapt2)
  • Experience working with basic programming, data or workflow tools (i.e. PowerBI, SQL, Python)
  • Strong asset and transaction modeling skills.
  • Strong organizational and analytical skills.
  • Outstanding written and verbal communication skill.

Invenergy develops and operates sustainable energy solutions, focusing on renewable energy sources such as wind, solar, and energy storage, as well as natural gas and clean water solutions. The company takes energy projects from the initial concept to full operation, utilizing its in-house expertise in project development, construction, and operations. Invenergy generates revenue by selling the energy produced from its projects to clients, including utility companies and large-scale industrial businesses. What sets Invenergy apart from its competitors is its strong commitment to sustainability and social responsibility, along with its ability to forge long-lasting partnerships with a diverse range of clients. The company's goal is to shape the future of energy by delivering reliable and impactful projects that contribute to a sustainable energy landscape.

Company Size

1,001-5,000

Company Stage

Debt Financing

Total Funding

$29.2M

Headquarters

Chicago, Illinois

Founded

2001

Simplify Jobs

Simplify's Take

What believers are saying

  • The Inflation Reduction Act offers tax incentives for Invenergy's solar and wind projects.
  • Corporate demand for renewable energy is rising, benefiting Invenergy's clean energy solutions.
  • Advancements in offshore wind technology could reduce costs for Invenergy's future projects.

What critics are saying

  • Increased competition in the renewable energy sector could impact Invenergy's market share.
  • Fluctuating raw material prices for solar panels may increase Invenergy's operational costs.
  • Potential delays in project approvals due to changing regulations could hinder timelines.

What makes Invenergy unique

  • Invenergy operates across multiple renewable energy sectors, including wind, solar, and energy storage.
  • The company has developed 176 projects globally, generating 27,717 megawatts of energy.
  • Invenergy's business model includes in-house expertise from project development to operations.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

Paid Vacation

Performance Bonus

Company News

List Solar
Feb 17th, 2025
Invenergy Launches 300-MW Delilah I Solar Farm in Texas

Invenergy launches 300-MW Delilah I solar farm in Texas.

Mubasher
Jan 16th, 2025
GFH unveils investment in US-based Invenergy

Mubasher: Cross-listed GFH Financial Group has made an investment in Invenergy, the largest privately-held developer, owner, and operator of clean energy solutions, with headquarters (HQ) in the US. The transaction was carried out through …

Mubasher
Jan 12th, 2025
GFH unveils investment in US-based Invenergy

Mubasher: Cross-listed GFH Financial Group has made an investment in Invenergy, the largest privately-held developer, owner, and operator of clean energy solutions, with headquarters (HQ) in the US.

Clean Energy Pipeline
Dec 6th, 2024
Meta signs four clean energy procurement agreements with Invenergy

Meta Platforms, Inc. has signed four Environmental Attribute Purchase Agreements (EAPAs) with Invenergy for 760 MW of clean energy.

Stock Titan
Oct 29th, 2024
ALLETE Clean Energy Announces Sale of Wisconsin Wind Site

ALLETE Clean Energy, a subsidiary of ALLETE, Inc. (NYSE: ALE), has sold its Whitetail wind project in Wisconsin to Invenergy.

INACTIVE