Full-Time

Project Finance Associate

Confirmed live in the last 24 hours

New Leaf Energy

New Leaf Energy

201-500 employees

Develops solar and energy storage projects

Compensation Overview

$91.3k - $105.8k/yr

+ Incentive Plan

Junior, Mid

Chicago, IL, USA

Hybrid employees work in the office at least two out of every Tuesday, Wednesday, and Thursday.

Category
Corporate Finance
Finance & Banking
Requirements
  • Minimum 2 to 4 years’ experience working in the renewable energy industry with a focus on project development and financing
  • Bachelor’s Degree in Finance/Business or a related field
  • MBA desired
Responsibilities
  • Manage cross-functional teams to complete critical project development tasks through an in-depth understanding of real estate, project permitting, and interconnection
  • Maintain checklists, schedules, and other project management tools required to keep the process organized and allow transactions to close quickly
  • Lead the creation and organization of detailed data rooms and support all project marketing, award, and closing processes
  • Track inter-departmental deliverables and forecast project milestone dates
  • Communicate effectively and build relationships with internal stakeholders and external clients (project buyers)
  • Manage the progress of permitting, interconnection, and all of the associated contracts for projects
  • Assist in the preparation and organization of legal transaction documents including LOIs and Membership Interest Purchase Agreements (MIPAs)
  • Assist in the drafting and negotiation of critical project contracts, including the site lease, PPA, easements, property tax agreements, etc.
  • Any other duties, as assigned.
Desired Qualifications
  • MBA desired

New Leaf Energy focuses on developing solar and energy storage projects to promote the use of renewable energy. Their projects are designed to benefit both system owners, who own the solar and storage systems, and offtakers, who purchase the energy produced. The company collaborates with local authorities and utilities to ensure successful project development across various regions in the United States, including California and New England. Unlike many competitors, New Leaf Energy emphasizes strong partnerships with landowners and a supportive workplace culture for its employees. The goal of New Leaf Energy is to accelerate the adoption of clean energy solutions, contributing to a more sustainable future.

Company Size

201-500

Company Stage

Acquired

Total Funding

N/A

Headquarters

Lowell, Massachusetts

Founded

2022

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for community solar projects boosts New Leaf's market opportunities.
  • Expansion into energy storage in Texas aligns with increasing storage demand.
  • Partnerships with FirstLight Power enhance grid reliability and sustainability.

What critics are saying

  • Competition from Standard Solar may impact market share in Illinois.
  • Regulatory hurdles in Texas could challenge battery storage project expansions.
  • Dependency on partners like DSD Renewables may pose operational risks.

What makes New Leaf Energy unique

  • Spun off from Borrego, New Leaf Energy has a strong legacy in solar development.
  • Operates across diverse U.S. regions, enhancing its adaptability and market reach.
  • Focuses on partnerships with local authorities, ensuring community-aligned renewable projects.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

401(k) Company Match

Unlimited Paid Time Off

Hybrid Work Options

Parental Leave

Professional Development Budget

Company News

Business Wire
Feb 12th, 2024
Standard Solar Acquires 84-Megawatt Community Solar Portfolio In Illinois, Demonstrates Unparalleled Leadership

ROCKVILLE, Md.--(BUSINESS WIRE)--Standard Solar, a leading commercial and community solar developer and asset owner, today announced the acquisition of an 84-megawatt community solar portfolio in Illinois. The combined capacity of these 14 projects will significantly contribute to Illinois' renewable energy generation goals of 100% clean energy by 2050, reducing greenhouse gas emissions and advancing a more sustainable energy landscape. The portfolio consists of three sets of community solar gardens in Illinois: six sites with a capacity of approximately 47 MW, four sites totaling 12 MW, and four sites representing 25 MW. Construction is scheduled to commence in 2024, and most of the projects are projected to be finished by the year's end, with the remaining ones anticipated to be completed in 2025. Standard Solar purchased the milestone portfolio from developer New Leaf Energy. The partnership between the two companies is a testament to their dedication to expanding clean energy access to communities throughout Illinois

Renewables Now
Oct 9th, 2023
New Leaf Energy unveils 64-MW battery project portfolio in Texas

New Leaf Energy unveils 64-MW battery project portfolio in Texas.

List Solar
Oct 9th, 2023
"Texas' Lone Charge" - New Leaf Energy's 64-MW Battery Portfolio

New Leaf Energy announces 64MW portfolio of battery storage projects in Texas, featuring 7 standalone batteries and lithium iron phosphate batteries.

United Power Partners
Mar 22nd, 2023
New Leaf Energy sells 21 MW of community solar projects | San Diego's Top Solar Company

Standard Solar has acquired a planned 21 MW of solar projects in New York and Massachusetts from New Leaf Energy.

Renewable Energy Magazine
Feb 3rd, 2023
Pv - Dsd Acquires 11.8 Mw Community Solar-Plus-Storage Project From New Leaf Energy - Renewable Energy Magazine, At The Heart Of Clean Energy Journalism

Friday, 03 February 2023The project will be part of the Solar Massachusetts Renewable Target (SMART) Programme – a long-term solar incentive programme to promote cost-effective solar development across the state – and qualifies for Massachusetts’ Low Income Community Shared Solar programme, providing electricity bill credits to low-income subscribers as well as local businesses.Offtake for the project will be made up of 50 percent low-to-moderate income (LMI) customers that will receive a monthly savings on their electricity bill, with the remainder going to a corporate offtakers in the Dartmouth area.“This project represents the continued growth and success of our work in this region” said Ryan Lloyd, DSD’s Director of Acquisition. “We’re proud to deliver yet another project backed by Massachusetts’ solar programmes that will deliver a positive impact to the local community.”The site will include a solar array and a ground-mount energy storage system totaling 5 MWh, and marks the seventh project DSD and New Leaf Energy (formerly Borrego) have partnered on in the last 12 months.New Leaf Energy is a newly independent solar development company, resulting from the spin out of Borrego – previously a leading developer, EPC, and O&M provider for large-scale solar and energy storage projects – after the sale of its development business last year.DSD will own and operate the project long-term, while Arcadia Power is handling LMI customer acquisition and management, as well as managing the anchor customer subscription.For additional information:DSD Renewables (DSD)New Leaf Energy