Title: Financial Valuations Analyst
About Altus Power
Altus Power, based in Stamford, Connecticut, is the premier independent commercial-scale provider of clean electric power, serving its commercial, public sector and community solar customers with end-to-end solutions. Altus Power originates, develops, owns and operates locally sited solar generation, energy storage and charging infrastructure across the nation. Altus Power has approximately 990 megawatts across 25 states and is growing.
Since the Company’s formation in 2009, Altus has established itself as a leader in building-sited clean energy across the United States. The Company completed its go-public transaction in December 2021 and is traded on the NYSE under the ticker AMPS. The Company has a strategic partnership with CBRE, which is the world’s largest commercial real estate services company with 7 billion square feet of commercial real estate under management and is serving more than 90 Fortune 100 corporations. Altus also has a long-standing strategic partnership with Blackstone, which is the largest owner of commercial real estate globally, with approximately 1.2 billion square feet of commercial real estate globally.
About the Position
Altus Power is currently seeking a highly motivated individual with the skills, experience and aptitude to serve as a Financial Valuations Analyst in the renewable energy industry.
Responsibilities:
· Manage corporate cash flow model
o Add projects to the corporate model as and when completed
o Update corporate model to include new debt facilities or upsize of existing facilities
o Layer in pipeline assets to evaluate forecasts, concentration limits, liquidity
o Monitor credit metrics on credit facilities
o Update asset level assumptions, including: energy production, power price estimates, OPEX
· Create/Manage Credit facilities models for closings and on-going maintenance including ratings models
· Create/Manage Tax Equity models for closings and on-going maintenance
· Maintain investment valuation model templates including:
o Development asset model
o Operating asset model
o Coordinate with the investment, construction, asset management teams to make model updates needed to account for market changes
o Manage “Standard Assumptions” log
· Maintain Portfolio Asset Summary, which includes all relevant financial metrics of each asset in the portfolio
· Sign off on internal valuations model for Investment Committee approval
· Formulate internal assumptions on power price vectors, including LMP, retail power prices
· Perform valuation analysis for asset management and re-development
Requirements:
· 2+ years of relevant experience - Financial Analysis, Equity and/or valuations - preferably within Energy or Real Estate/Finance
· Prior knowledge of Corporate Finance and Analysis is required for this role
· Experience in developing and maintaining complex financial models is required for this role
· Excellent verbal and written communication skills
· Strong analytical and problem-solving skills with a high level of attention to detail
· Advanced modeling skills Microsoft Excel skills (vlookup, pivot tables, etc.)
· Be comfortable working in a fast-passed environment
· Solution focused with the ability to prioritize and lead multiple tasks to meet deadlines
Work Life at Altus
Our team is the asset we are most proud of. We aim to create a positive work-life balance.
Here are a few of the benefits we offer:
· Competitive compensation
· Health and Dental Insurance (100% of premium paid of Company’s standard policy)
· Participation in 401k Plan
· Paid cell phone service on Company’s plan
· Ability to participate in Company’s employee share plan
· Company paid lunch in the office
· Company paid membership to building gym
· Two monthly work from home days
Altus is unequivocally committed to the principles of equal employment.
