Analyst, Project Finance & Financial Modeling

Overview

Jupiter Power is an energy infrastructure company focused on the development, construction, and operation of battery energy storage assets in wholesale electricity markets. Formed in 2017, the company is a national leader in energy storage deployment, utilizing its proprietary dispatch optimization applications to support both merchant and contracted structures. Backed by Black Rock’s Diversified Infrastructure business, Jupiter Power has a strategic and established portfolio of nearly 1,400 MW / 2,800 MWh in operations or under construction in the U.S., with a leading pipeline of over 12,000 MW in active development.

We are seeking an Analyst, Project Finance & Financial Modeling to join our Finance & Capital Markets/ Portfolio Management team. In this role, you will be responsible for support financial modeling, project-level financings, and portfolio management analytics across Jupiter Power’s standalone battery energy storage portfolio. The role offers hands-on exposure to battery storage project finance, including debt and tax equity structures, and close collaboration with internal teams supporting assets through construction and operations.

This is an execution-oriented role for someone who enjoys building models, understanding financing mechanics, and collaborating cross-functionally to support complex infrastructure projects.

This role will be based out of our Houston, TX office and is subject to our Company’s return-to-office policy which currently requires a minimum of three days a week in the office.

• Build, maintain, and update project finance financial models, including construction and term debt cash flows
• Perform DSCR, liquidity, reserve, and restricted payment calculations
• Update models for loan draws, funding events, amendments, and term conversions
• Assist with reconciling modeled cash flows to actual results in coordination with Accounting and Asset Management
• Support cash flow forecasting and scenario analysis

• Prepare and support loan draw requests for construction costs, interest, fees, and reserves
• Track sources & uses, funding schedules, and draw activity
• Assist with satisfaction and tracking of Conditions Precedent (CPs) in coordination with Legal and senior finance team members

• Support ongoing financing compliance and covenant monitoring
• Assist in preparing lender reporting, compliance certificates, and related deliverables
• Track post-closing reporting and documentation requirements

• Support portfolio-level financial and performance analytics across operating and construction-stage battery storage assets
• Assist with portfolio cash flow forecasting, liquidity tracking, and variance analysis
• Aggregate project-level data for portfolio reporting, internal dashboards, and management updates
• Support analysis related to financing compliance, distributions, and capital allocation under guidance from senior team members
• Help maintain and improve internal tracking tools, templates, and analytics used by the Portfolio Management team

• Collaborate closely with Legal, Accounting, Asset Management, Origination, and Procurement teams
• Provide analytical and execution support to senior finance team members in interactions with lenders, investors, and third-party advisors
• Review third-party reports (Independent Engineer reports, cost certifications, etc.) to assess financial and compliance implications
• Assist in coordinating inputs, data requests, and documentation across internal teams to support funding and reporting activities
• Contribute to the standardization and continuous improvement of financial modeling, loan draw, and compliance processes

• Bachelor’s degree in Finance, Accounting, Economics, or a related field
• 3–5 years of experience in renewable energy, infrastructure, or power project finance
• Experience working with project finance financial models
• Understanding of project-level debt structures and financing mechanics
• Strong Excel skills (integrated models, cash flow analysis, sensitivities)
• High attention…