Full-Time
Analyst – Risk
Posted on 9/19/2024
Clearway Energy
501-1,000 employees
Develops and operates renewable energy projects
Compensation Overview
$85k - $105kAnnually
Junior, Mid
Houston, TX, USA
This is a hybrid role located in Houston, TX.
- Bachelor’s degree or equivalent combination of education and experience. High school diploma or GED required.
- Minimum of 2 years of related risk experience including experience with data collection/analysis.
- Project management experience including planning, organization, and prioritization.
- Technical writing and analytical skills.
- Understanding of basic asset class (i.e., utility solar, DG and C&I Solar, wind farms, battery storage).
- Basic understanding of risk analysis, probable maximum loss, and sharing of insurance limits.
- Ability to self-manage multiple projects in a fast-paced working environment.
- Proficient in Microsoft Office products (i.e., Word, Excel, and Outlook).
- Coordinates internal resources, insurance consultants, and insurance brokers for the execution of insurance reports for capital market transactions.
- Assures all new and renewal insurance policy applications are done correctly with appropriate exposure and loss information.
- Maintains insurance policies, binders, and supporting documentation.
- Demonstrates the ability to negotiate with internal business partners, insurance brokers, and insurance consultants through written and verbal communications. Works under the direction of more experienced staff.
- Develop and implement risk mitigation strategies responsive to the property loss control conducted by the property insurance carrier. Handles property claims in a timely and efficient manner.
Clearway Energy Group focuses on developing and operating renewable energy projects, primarily in the United States. The company has a diverse portfolio of over 350 projects, including large-scale solar and wind farms, as well as community solar initiatives. Its products work by generating electricity from renewable sources, which is then sold to utilities and large energy consumers through long-term power purchase agreements (PPAs). This model provides a stable revenue stream while promoting the use of clean energy and reducing carbon emissions. Clearway Energy Group differentiates itself from competitors by its extensive experience in the renewable energy sector and its commitment to high safety and performance standards in project execution. The company's goal is to facilitate the transition to a sustainable energy future by providing reliable and competitive clean energy solutions.
Company Size
501-1,000
Company Stage
Debt Financing
Total Funding
$1.6B
Headquarters
San Francisco, California
Founded
2018
Simplify's Take
What believers are saying
- Clearway's repowering of Cedro Hill Wind Farm increases capacity to 160 MW.
- Acquisition of Tuolumne Wind Project adds 137 MW to Clearway's portfolio.
- $665M Texas solar and storage project enhances Clearway's renewable energy capabilities.
What critics are saying
- Increased competition may impact Clearway's market share and pricing power.
- Potential project delays due to local opposition or regulatory hurdles.
- Fluctuations in raw material prices could increase project costs.
What makes Clearway Energy unique
- Clearway Energy specializes in utility-scale solar and wind projects across the U.S.
- The company focuses on long-term PPAs for stable and predictable revenue.
- Clearway Energy has a strong portfolio of over 350 clean energy projects.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
401(k) Retirement Plan
401(k) Company Match
Life Insurance
Fertility Treatment Support
Adoption Assistance
Parental Leave
Tuition Reimbursement
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 3%Clearway has completed the repowering construction of its Cedro Hill wind farm in Webb County, Texas, increasing its capacity to 160 MW.
Princeton-based Clearway Energy on Tuesday said it entered into a binding agreement to acquire the operational Tuolumne Wind Project from Turlock Irrigation District.
Princeton-based Clearway Energy on Tuesday said it entered into a binding agreement to acquire the operational Tuolumne Wind Project from Turlock Irrigation District.Tuolumne Wind Project is a 137 MW wind project located in Klickitat County, WA that achieved commercial operations in 2009. The project will sell power under a new PPA with Turlock Irrigation District, an investment-grade regulated entity, with an initial contract term of 15 years to 2040. In conjunction with the acquisition, the Company also has received from Turlock Irrigation District a contractual extension option to enable a potential future repowering of the project.After factoring in estimated closing adjustments and new non-recourse project-level debt, the company expects its total long-term corporate capital commitment to acquire the project to be approximately $70-75 million, which the company expects to fund with existing sources of liquidity. BThe acquisition is expected to provide incremental annual levered asset CAFD on a five-year average basis of approximately $9 million beginning January 1, 2026. The company expects the transaction to close in the first quarter of 2025, after which its targeted contribution to fiscal year 2025 results will be communicated
Clearway Energy Group's $665 million solar and storage project in Texas paves the way for a greener future, creating jobs and harnessing renewable energy for major corporations.
Clearway Energy Group, a developer and operator of clean energy projects, closed $550 million in financing for developing its Rosamond South I solar and storage project in Kern County, California.