M&A and Strategy Associate ; Associe, Fusions-acquisitions et Stratégie

About Us

First Light is a leading clean power producer, developer, and energy storage company serving North America. With a diversified portfolio that includes over 1.65 GW of operating renewable energy and energy storage technologies and a development pipeline with 4+ GW of solar, battery, hydro, onshore wind and offshore wind projects, First Light specializes in hybrid solutions that pair hydroelectric, pumped‑hydro storage (including Northfield Mountain, the largest energy storage facility in New England), utility‑scale solar, large‑scale battery, and wind assets.

The company’s mission is to accelerate the decarbonization of the electric grid by supporting the development, operation, and integration of renewable energy and storage to meet the world’s growing clean energy needs and deliver an electric system that is clean, reliable, affordable, and equitable. Based in Burlington, MA, with operating offices in Northfield, MA, New Milford, CT, Oshawa, ON and Montréal, QC, First Light is a steward of more than 14,000 acres and hundreds of miles of shoreline along some of the most beautiful rivers and lakes in North America.

We currently have an opening for an experienced M&A & Strategy Associate for this remote role based in Montreal, Québec. We will also consider Ontario as work location.

Reporting to the Director, M & A & Strategy, the M&A and Strategy Associate is responsible for supporting First Light’s growth through acquisitions, joint ventures, greenfield development, and strategic divestitures. They will contribute to all aspects of the transaction lifecycle—from financial modeling and valuation to market analysis, diligence, and Investment Committee presentations.

Our ideal candidate possesses the experience, passion and energy to be a driving force in First Light’s continued evolution to accelerate the decarbonization of the electric grid to meet the clean energy needs of tomorrow.

Salary range: $80, annually PLUS competitive bonus.

• Financial Modeling & Valuation:
  • Build and maintain financial modeling tools to evaluate potential M&A opportunities, joint ventures, greenfield projects development and asset dispositions, assessing project valuations in line with First Light’s investment criteria.
  • Adapt existing models to reflect transaction-specific terms, financing structures, and commercial assumptions.
  • Structure and execute sensitivity and scenario analyses.
• Transaction Execution & Due Diligence:
  • Collaborate with subject matter experts (project development, finance, accounting, tax, engineering, construction, legal, operations) to reflect diligence findings in financial models.
  • Support the due diligence process by collecting and analyzing financial, operational, and market data from target companies and potential partners.
  • Work with external advisors, including investment banks, legal counsel, and consultants, on deal execution and closings.
• Market & Strategic Analysis:
  • Conduct market research to assess trends, risks, and opportunities in North American power markets and evaluate First Light’s competitive positioning.
  • Provide strategic insights into key sectors (e.g., renewables, storage, transmission) to inform deal strategy and prioritization.
• Investment Committee & Bid Support:
  • Assist in the preparation of materials for Investment Committee review and present recommendations to senior management.
  • Support bid submissions, transaction execution, and deal closings across various transaction types.
  • Contribute to the refinement and automation of internal financial models and tools to enhance efficiency and accuracy.
• Complies with all Corporate policies and IT procedures.
• Perform other duties and responsibilities as assigned.

• Bachelor’s degree in finance, economics, engineering or related field.
• CFA (or progress towards CFA), MBA or other advanced designation preferred.
• Bilingual - English and French, strongly preferred.
• 3+ years of relevant experience in financial modeling within power, utilities, renewable energy, M&A, or project finance; ideal experience in investment banking, corporate development, management consulting, or other…