Solar Associate, M&A | Washington, DC 18 views

Solar

Location: DC
About the job
Sol Systems is seeking a full-time Associate to join the M&A team within Sol’s fast-growing utility-scale development and IPP business. This person will be critical in driving growth for the company by supporting the acquisitions of development-stage solar and storage projects and portfolios. As needed and secondarily, the person will have the opportunity to support Sol’s enterprise-wide corporate origination efforts as the company expands its corporate customer relationships.

This person’s primary responsibilities will be supporting the origination, evaluation, negotiation, and closing of acquisitions of utility-scale solar and storage projects/portfolios to support Sol’s ambitious targets as it expands its position as a leading customer-focused IPP.

Sol Systems is an Independent Power Producer (IPP) committed to building, owning, and managing clean energy infrastructure that benefits local communities. With a multi-GW pipeline, Sol integrates solar energy and battery storage to deliver reliable, sustainable power to Fortune 500 companies (Microsoft, Google, Amazon, and Nationwide), municipalities, utilities, and schools. Through strategic partnerships and community reinvestment, Sol ensures clean energy development drives long-term economic and environmental benefits. Founded in 2008 and led by its founder, Sol Systems is dedicated to shaping an energy future we can all believe in.

Key Responsibilities

Coordinate project evaluation, valuation, and diligence processes

Coordinate internal and external diligence and valuation processes, supporting investment decisions by organizing materials, coordinating internal and external subject matter experts, and interfacing with the Structured Finance and modeling teams to track key model inputs and assumptions. The role manages diligence workflows across development, transmission, origination, engineering, and pre-construction functions, maintains clear communication with project sellers and advisors, and ensures analysis of project returns, capital costs, production, and revenue drivers is synthesized into well-organized materials for internal decision-making.

Support bids and support the development/negotiation of term sheets and project acquisition documents

Support responding to requests for bids for utility-scale solar and storage development projects being sold by developers, IPPs, and private equity firms. Support commercial negotiations with project developers and financial advisors that Sol Systems engages with during the project acquisition process.

Support evaluation and strategy for energy storage opportunities

Assist the team in evaluating standalone and hybrid storage opportunities by supporting bidding processes, organizing internal analysis, and coordinating with development, origination, and structured finance teams on project strategy. Help assess key drivers such as market structure, revenue opportunities, interconnection considerations, and project positioning to inform acquisition and development decisions

Managing M&A team’s opportunity database, market intel, and database of pricing

Manage our internal database of M&A opportunities (past and present) to ensure lessons learned and proper diligence methods are maintained. Maintain an eye on macro-economic trends with an eye toward energy markets, particularly as they relate to the renewables space. Will also be responsible for improving and operating analytical models for M&A projects.

As needed, prepare Sol investment/financing-related marketing materials

Develop marketing materials which support Sol Systems’ efforts in marketing projects and originating capital. Represent Sol Systems at industry conferences to meet with stakeholders and originate developer relationships. Analyze ISO/RTO queues for development-stage acquisition targets.

A successful candidate will possess the following credentials, skills, and attributes:

Bachelor’s Degree, preferably in Finance, Business, Economics, or quantitative field
2-3 years of experience in project finance, project development, investment banking, or private equity with a robust understanding of solar and storage and investment analysis
1-2 years relevant renewable energy (or energy/infrastructure more generally) experience
Strong project management and business development skills
Excellent ability to manage multiple competing priorities
Strong willingness and aptitude at communicating creative ideas, challenges, solutions, and mistakes
Excellent documentation and reporting skills
Creative problem solver

Location & Hours: This is a full-time role and will be based in our Washington, DC office.

Commitment & Compensation: The base salary for this role is between $80,000 and $105,000 annually, depending on the candidate’s experience, qualifications, and overall fit for the position. In addition, Sol Systems provides health insurance, retirement benefits, partial gym reimbursement, education benefits, parental leave, paid vacation, sick and federal holidays, and the opportunity to work in a unique and dynamic environment.

To Apply: Please submit a resume, cover letter and salary requirements.

Deadline: We hope to hire for these positions immediately and will review applicants on a rolling basis.

Sol Systems is an equal-opportunity employer, and does not discriminate based on gender, race, ethnicity, orientation, creed, or other traits. Sol Systems supports and encourages candidates of all backgrounds to apply.

Solar