Analyst, Investment & Portfolio Management

National Grid Renewables • Full-time • Bloomington, Minnesota • 2w ago

National Grid Renewables, which includes the renewables development company formerly known as Geronimo Energy, is a leading North American renewable energy company based in Minneapolis, Minnesota, with satellite offices located in the regions where it develops, constructs, and operates renewable energy projects. As a farmer-friendly and community focused company, National Grid Renewables develops projects for corporations and utilities that seek to repower America’s electricity grid by reigniting local economies and reinvesting in a sustainable future. National Grid Renewables is part of the competitive, unregulated Ventures division of National Grid and has a portfolio of solar, wind, and energy storage projects located throughout the United States in various stages of development, construction, and operation.

National Grid Renewables develops high value, competitive renewable energy projects. Our focus on communities and farmers means it’s not just about projects, but about the people we work with, both outside and inside our organization. National Grid Renewables Team Members embody our foundational culture of being entrepreneurial, creative, and nimble and take pride in supporting National Grid’s vision to be at the heart of a clean, fair and affordable energy future for all.

SUMMARY OF THE POSITION
The Analyst, Investments and Portfolio Management is a key member of the investment team at National Grid Renewables (NGR). You will support all aspects of the business, including origination activity (power sales pricing) and portfolio analysis, supporting senior management decision making via financial modeling and analysis, and market and industry research to support strategic decisions. You will work closely with other teams within NGR, including Development, Origination, Strategy, Market Operations, Construction, Engineering, Project Management, Legal, Tax, Project Finance, and Asset Management.

The Investments and Portfolio Management function at NGR is responsible for (i) end-to-end investment management, including ensuring transparent decision making throughout development, investment, and operations; (ii) managing and optimizing the NGR portfolio to execute on the agreed upon strategy elements; and (iii) owning data insights to facilitate producing the appropriate pipeline that will deliver on the long-term strategy owning and operating a diverse portfolio of onshore renewable energy assets, working with the NGR leadership team.

WHAT YOU WILL BE DOING
Job duties of this role span the entire business, from development through operations.

Investment Management

Research and assess economic and market trends to support strategic decisions
Compile information and create financial models to support the Origination, Investments and Portfolio Management, Commercial, and Project Finance group functions
Support team members who are leading an internal investment approval process
Assist with ongoing efforts to validate investment value, track deal processes, and assess investment performance
Conduct analysis on the alignment between annual plan, business planning, and strategy
Analyze complex legal documents to determine impacts to financial model and investment strategy

Portfolio Management (Operations)

Compile and analyze data for modeling current and future portfolio performance
Compile and summarize financial data and performance of operational assets
Model, analyze and report changes in portfolio and individual assets based upon portfolio composition and investment performance
Support analysis on opportunities for portfolio optimization

Pipeline Strategy (Development)

Guide and inform the Origination team on power purchase agreement pricing that reflect the projects’ required return thresholds
Build and analyze financial models for early-stage wind, solar, and storage projects
Provide financial analysis support for various projects (calculating revenue requirements, net present value, development cost impacts, etc.)
Support analysis of pipeline risk, attrition, and market value to influence development activities in support of optimizing investment opportunities and portfolio composition

Other

Support members from other departments within the firm with miscellaneous financial analysis
Conduct market analysis to support investment theses (basis analysis, long term market curve analysis, etc.) Performs other job-related duties as assigned

Leadership
Role model the National Grid values

Do the Right Thing
Find a Better Way
Make it Happen
Create belonging
Set direction
Drive change
Deliver results
Develop others
Other duties as assigned

WHAT YOU BRING TO THIS ROLE

Educated to Bachelor’s degree level (in a relevant discipline) or equivalent work experience
Experience 0-3 years
Experience in renewable energy, power, or infrastructure preferred, but not required
Collaborative positive attitude
Driven and self-motivated
Analytical minded and detail-oriented
Strong written and oral communicator
Ability to adapt quickly to changing priorities
Experience using Microsoft Office Suite