Renewable Energy Capital Markets Intern

Who We Are Looking For

The Capital Markets Intern will be part of Clearway’sCapital Markets Teamand will report tothe

Senior

Manager, Capital Markets.

The Capital Markets Teamisresponsible for project finance, valuation, analysis, process improvement,and data systems in the Battery Storage, Utility Solar, and Utility Wind  particular, the teamis responsiblefortheanalysis,structuring, and executionofnon-recourse construction debt, term debt, tax equity,and cash equity (project sale) transactions for renewable energy projects in the United States.

This position is part of the 10-week Summer Internship Program at Clearway Energy Group beginning on June 1, 2026.

We are looking for current juniors(i.e.expected graduationinSpring 2027) pursuing abachelor’s degree in Engineering, Math, STEM, Finance, Business, Economics, or related field.

Throughout this summer internship program,you’llget exposure to real projects and challenges while gaining first-hand professional experience. At Clearway,you’llgain access to an innovative and fast-paced work environment.

You’llalsoparticipatein networking and learning events with your fellow intern cohort.

If youdon’tmeet 100% of the qualifications but see yourself contributing, pleasesubmityour resume.

This is a hybrid role that will be based in theSan Francisco office.

Our hybrid policy is that employees are in-office on Tuesdays& Thursdays.

Program Timeline:(subject to change)

Applications Close:January 30

Interviews:February - March

Final Decision:March 31

Program Dates:June 1 – August 7

Clearway will not sponsor nonimmigrant visas for this position (H-1B, TN, E-3, J-1 etc.) or provide anyassistancein support of any other form of immigration sponsorship or benefit including OPT or CPT.

The Capital Markets Intern primary responsibilitieswillinclude:

Model Optimization& Process Improvements

• Refine Excel-based project finance model templates thatserveour project origination, development, construction, financing, and asset management business.

• Develop and improve the dataautomationconnecting the project finance models and financial data systems thatenableefficient use of the model at scale (for many projects), including the exploration of AI-based improvements.

• Help architect and implement the analytical and data infrastructure that enables structured project finance analysis to beleveragedacross the organization in project financings, internal tracking/reporting, external tracking/reporting, budgeting, etc.

• Process, analyze, and present findings toCapital Market Team  on recent market trends, federal regulations,andkey industry news that involve renewable energy financing transactions.

Financial Modeling & Management

• Implement the terms of the tax equity, construction debt, term debt, cash equity, etc. financing in the project finance model templates.

• Communicate to internalstakeholdersour underwriting standards and implement those standards in the project finance model templates.

• Support running financing processes to find and secure sources of capital that are the best fit for the company’s goals.

• Support presentations and reports on transaction status, risks,and benefits to the Leadership Team.

The Capital Markets Intern will be assigned to an individual project and will present results to the team and leadership at the end of the internship.

Core Knowledge and Skills

• Advanced Excel skillsand understanding of key financial concepts such as financial statements, accrual vs. cash accounting,discounted cash flow analysis, time value of money, internal rate of return, and net present value.

• Ability to work well in a collaborative environment that emphasizes attention to detail, meeting deadlines, and working together to achieve company-wide objectives.

• Intel…