About Lightstar: Founded in 2019, Lightstar Renewables (“LSR”), is paving the way for a cleaner energy future. We’re on a mission to deliver local solar solutions that benefit both the land and the community. As a community solar developer, this means we use environmentally sound best practices, aiming to leave the soil and local ecology better than we found it while investing in long-term partnerships with our landowners. Lightstar is committed to being stewards of the land - leveraging the clean energy transition for preservation and conservation of resources is at the heart of what we do.

Lightstar Renewables is seeking a Finance Analyst to support the expansion of our community solar portfolio across the United States. Reporting to the Director of Capital Markets, this role will contribute to the rapid growth of our Finance and Capital Markets functions. Primary responsibilities include maintaining all financial models to generate insights and analysis, assisting the Development team with financial aspects of project development, and contributing to all Capital Markets work including Tax Equity and debt capital raising and execution.

This role will be 100% remote but may require in person meetings from time to time. As LSR continues to grow, opportunities to develop unique skills will be available as well as opportunities for advancement.

Assigned Tasks:

Quickly develop proficiency in understanding, maintaining, and operating Lightstar’s various Project Finance models.
Responding to modeling inquiries and tasks, including evaluation of new projects and ad hoc analysis of existing portfolio projects.
Compiling, organizing, maintaining, and distributing project diligence for financing transactions (including but not limited to Construction debt, Tax Equity, and Back Leverage).
Assisting with all other tasks related to proper execution of financial closings and transactions.
Aiding Asset Management and Accounting teams with ongoing tracking of financial commitment including reporting to counterparties.
Researching and incorporating project-specific market and incentive assumptions into financial models, including wholesale energy prices, capacity and ancillary service revenues, renewable energy credits, property taxes, and state incentive programs.
Evaluating solar and battery project economics and investment opportunities, including sensitivity analyses, scenario analysis, valuation of development fees, and comparison of project structures and assumptions.

Compensation and Benefits:
Not only will you get to work with a group of innovative, dedicated, and motivated peers, Lightstar is proud to offer our competitive compensation and benefit package:

Competitive salary
PTO – 20 days annually (+1 day/anniversary year, Maximum 25)
2025 Holidays - 14 days + 1 floating holiday
Benefits – Health, Dental, Vision, Life, and AD&D Insurance
401k – 4% employer match

Preferred Skills and Qualifications:

Preferred 2+ years relevant renewables/infrastructure project finance experience
Foundational understanding of and passion for the solar industry
Advanced Microsoft Excel skills, especially modeling (Macros/VBA, Lookup functions, etc.)
Core understanding of Finance concepts, including but not limited to: the Time Value of Money (DCF, IRR, NPV, etc.), use of Leverage (including debt sizing), and Accounting (three statement modeling).
Excellent written and verbal communication skills, with demonstrable ability to understand and communicate technical concepts
Excellent organizational skills
Able to excel in a highly entrepreneurial environment
Able to think creatively

We’re Committed to Diversity:
Lightstar is committed to creating a welcoming environment that continually celebrates the diverse community different individuals cultivate at our company. As a proud equal opportunity employer, we pledge that all are welcome at Lightstar. Lightstar does not discriminate against applicants or employees based on race, color, religion, gender, gender identity or expression, sexual orientation, national origin, medical history, genetics, disability, age, or veteran status.

Please note: Application-related communications will be sent through JazzHR on behalf of Eagle Creek. After submitting your application, please monitor the email address associated with your application and check your SPAM, junk, or promotional folders to ensure you do not miss important communications from Eagle Creek regarding your application.

Equal Employment Opportunity

Eagle Creek Renewable Energy, LLC is an equal opportunity employer. We are committed to providing reasonable accommodations for qualified individuals with disabilities throughout the application and employment process.

About the company

Eagle Creek Renewable Energy buys, upgrades, and operates small hydroelectric plants in the United States to generate electricity and sell it in wholesale power markets. It owns 85 hydro facilities with about 690 MW of capacity spread across multiple states, often restoring underperforming sites to boost output and reliability. Since being acquired by Ontario Power Generation in 2018 and merging with Cube Hydro Partners in 2019, it operates as a wholly owned subsidiary with its own board and management. Its goal is to grow clean power generation, diversify its asset base, and supply reliable electricity to North American customers while maintaining dam safety and environmental stewardship.

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$100M

Headquarters

Morristown, New Jersey

Founded

2010

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Simplify's Take

What believers are saying

The October 1, 2026 Relevate partnership adds fee-based asset management and staffing leverage.
Lightstar’s 1.2-gigawatt solar pipeline expands Eagle Creek beyond hydro growth.
Rising electricity demand favors baseload hydropower, especially with 700 megawatts serving 260,000 homes.

What critics are saying

April 2026 litigation ended in a $25 million settlement over a dam drawdown.
Mongaup Falls repairs underscore ongoing FERC, safety, and infrastructure remediation burdens.
A serious dam failure or license revocation could force shutdowns across Eagle Creek’s portfolio.

What makes Eagle Creek Renewable Energy unique

Eagle Creek operates 85 hydroelectric facilities across 18 states, diversifying hydro risk.
October 1, 2026, Eagle Creek began managing Relevate’s run-of-river portfolio, expanding operating scale.
The 2024 Lightstar acquisition added community solar, giving Eagle Creek hydro-plus-solar optionality.

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Benefits

Remote Work Options
Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

1 year growth

12%

2 year growth

12%

PR Newswire

Oct 1st, 2026

GDEV management-backed Relevate Power and Eagle Creek form strategic partnership to expand companies' hydropower footprints.

GDEV management-backed Relevate Power and Eagle Creek form strategic partnership to expand companies' hydropower footprints. Oct 01, 2026, 07:00 ET The partnership brings together Relevate's redevelopment expertise and Eagle Creek's operating scale and expertise, advancing hydropower as a source of baseload generation across North America NEW YORK, Oct. 1, 2026 /PRNewswire/ - GDEV Management (GDEV)-backed Relevate Power (Relevate) and Eagle Creek Renewable Energy (Eagle Creek), a hydropower owner and operator backed by Apollo (NYSE: APO) funds, today announced a strategic partnership across their portfolios of small hydropower assets. At the partnership's commencement, Eagle Creek will leverage its scale and highly experienced operations team to manage Relevate's portfolio of run-of-river hydroelectric projects. Relevate and Eagle Creek have identified opportunities to combine their respective strengths in redeveloping and operating hydropower facilities to achieve operational and cost efficiencies, starting with asset management as the foundation for a broader relationship. The local operators currently employed by Relevate to manage its portfolio will join Eagle Creek, maintaining continuity of operations at each facility while benefiting from the scale of a larger operating platform. Previously, GDEV and Apollo provided financing for Relevate's acquisition of Gravity Renewables in December 2024. "The hydropower market is in a period of significant growth as electricity demand surges beyond current generation levels," said Neal Simmons, CEO at Eagle Creek. "We will bring our operating expertise to oversee Relevate's hydropower projects, enabling us to provide clean, reliable energy to surrounding homes and businesses." Since GDEV's initial investment in 2024, Relevate also received a $4.9 million grant from the Department of Energy (DOE) to boost efforts in improving the efficiency of hydroelectric facilities and has gained significant commercial traction across the hydropower market. "Together with Eagle Creek, we're helping strengthen Relevate's business model of providing operational improvements to underperforming hydro facilities," said Benjamin Baker, Managing Partner of GDEV Management. "This partnership will allow Relevate to expand its platform on a larger scale while significantly reducing overhead - promising long-term value for our investors and partners." ABOUT GDEV MANAGEMENT GDEV Management, LLC is a middle-market infrastructure private equity business that invests in high-growth sustainable infrastructure companies across sectors including renewable energy, energy efficiency, grid infrastructure, transport and sustainable fuels. The firm targets operationally complex businesses in infrastructure, clean energy, industrials, and technology-enabled services, partnering with management teams to drive growth, operational improvement, and long-term value creation. GDEV's institutional platform is structured to support a broad range of private market strategies, including direct investments, co-investments, and structured credit solutions. ABOUT RELEVATE POWER Founded in 2022 from the merger of Independent Power Producers Dichotomy Power and ClearEnergy, along with the power marketing firm Standard Power, Relevate Power is committed to redeveloping underutilized hydropower plants, providing affordable, clean energy to rural America's most impactful organizations. The company is backed by GDEV Management's Fund I, LP. and Aegon Asset Management Real Assets. ABOUT EAGLE CREEK RENEWABLE ENERGY Eagle Creek owns and operates 85 hydroelectric facilities across 18 states, providing renewable power to support rapidly growing energy demand. Hydropower is differentiated as a low carbon reliable energy source with baseload capabilities. The Company's nearly 700 MW portfolio makes it one of the largest and most diversified independent hydro platforms in the country, and its facilities produce enough electricity to power over 260,000 homes. SOURCE GDEV Management

Renewables Now Ltd

Oct 7th, 2025

Apollo Acquires Eagle Creek for 700 MW

Apollo, a US private equity firm, has agreed to acquire Eagle Creek Renewable Energy, an independent hydroelectric facility owner and operator based in Bethesda, Maryland, with a portfolio of nearly 700 MW.

Business News Today

Oct 6th, 2025

Apollo deepens renewable power portfolio with acquisition of Eagle Creek Renewable Energy

Find out how Apollo's acquisition of Eagle Creek Renewable Energy signals a long-term bet on hydro power as America's clean-energy backbone.

Solar Industry

Mar 20th, 2024

Eagle Creek Renewable Energy Acquires Lightstar Renewables

Eagle Creek Renewable Energy acquires Lightstar Renewables.

GlobeNewswire

Mar 19th, 2024

Eagle Creek Renewable Energy acquires Lightstar Renewables

Bethesda, MD, March 19, 2024 (GLOBE NEWSWIRE) -- An affiliate of Eagle Creek Renewable Energy (“Eagle Creek”) has acquired Lightstar Renewables, a...

Eagle Creek Renewable Energy

Finance Analyst

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