Senior Analyst, Origination

The Senior Analyst, Origination will support and be the analytical and coordination hub of the Origination and Contracting team, owning market fundamentals reporting, price curve management, revenue modeling, and day-to-day management of M&A. This role translates market data, vendor forecasts, and regulatory developments into pricing recommendations, deal economics, and decision-ready analysis that support origination strategy, PPA structuring, and investment approvals across Reactivate’s distributed generation, community solar and storage portfolio.   

Responsibilities ⚙️

• Produce recurring market fundamentals reports (monthly/quarterly) covering energy, capacity, REC/SREC, and ancillary service markets across key ISOs/RTOs (e.g., PJM, NYISO, ISO-NE, MISO, ERCOT, CAISO)
• Track and interpret drivers of power prices, load growth (data centers, electrification), supply additions and retirements, transmission constraints, and policy changes
• Monitor forward curves, broker quotes, and market transactions to benchmark PPA pricing and identify shifts in offtake market conditions
• Maintain market intelligence dashboards and summaries for leadership, origination, and finance stakeholders
• Serve as the internal owner of third-party price curves from fundamentals vendors
• Ingest, validate, version, and archive vendor curves; reconcile differences across vendors and releases, and document methodology changes
• Build and maintain revenue models for solar, storage, and solar-plus-storage projects under various offtake structures, including physical and virtual PPAs, fixed-shape and as-generated contracts, tolling agreements, hedges, and merchant tails
• Model revenue stacks including energy, capacity, RECs/SRECs, ancillary services, energy arbitrage, and community solar/DG compensation (e.g., Illinois ABP REC pricing, NY VDER/Value Stack)
• Research utility tariffs and state-specific regulatory frameworks (e.g., net metering rules, community solar program rules, rate case outcomes) to inform origination strategy
• Monitor, screen, and review utility and load-serving entity RFPs for energy, capacity, RECs, storage, and DG/community solar procurement, and summarize eligibility, product definitions, evaluation criteria, credit and security requirements, and key dates for go/no-go decisions
• Prepare market updates, origination materials, pricing memos, and deal summaries for internal approval and external counterparties
• Coordinate with Finance, Product, and Origination teams to align pricing assumptions with the deal pipeline in Salesforce
• Manage internal M&A review process, coordinate with internal departments and be point of contact for communication with Sellers 

Requirements 🎓

• Bachelor's degree in Economics, Finance, Engineering, or related field; advanced degree a plus
• 3 - 5+ years of experience in renewable energy origination, community solar program administration, utility regulatory analysis, or a related analytical role
• Strong Excel skills for building pricing forecasts and tracking program economics over time
• Familiarity with community solar and distributed generation program structures (Illinois Adjustable Block Program, NY VDER/Value Stack, or similar state programs) and interconnection processes
• Working knowledge of utility tariff and program adder structures, with ability to read and extract relevant terms from program administrator guidance, PUC/PSC filings, and rate schedules
• Advanced Excel modeling skills, including building integrated revenue models, scenario tools, and sensitivity analyses from scratch
• Solid understanding of wholesale power market fundamentals, including LMP pricing, capacity markets, REC markets, and basis/congestion dynamics
• Experience working with third-party price forecasts and forward curves, and the ability to critically evaluate vendor methodologies and assumptions
• Proficiency in Python,SQL  or similar tools for data pipelines, curve processing, and automating recurring analysis, CRM (salesforce) experience
• Ability to manage multiple concurrent workstreams across different state markets
• Strong written communication skills; ability to translate technical/regulatory detail into clear, decision-ready summaries
• Comfort acting as an external-facing point of contact with sellers, advisors, counsel, and counterparties, with sound judgment on when to escalate
• Experience supporting or managing M&A diligence or project acquisition processes in renewable energy or infrastructure
• Eligible to work in the United States without the need for employer visa sponsorship now or in the future  

Preferred Qualifications 💡

• Experience with storage dispatch or production cost modeling tools (e.g., PLEXOS, Aurora, PowerSimm, or custom optimization models)
• Experience with data visualization tools (Power BI, Tableau)
• Exposure to ISO market data sources and APIs (e.g., PJM Data Miner, NYISO OASIS, Yes Energy)
• Familiarity with tax credit structures (ITC/PTC, transferability, adders) and their interaction with offtake pricing 

The annual base salary for this position is $90,000 - $120,000. Reactivate considers several factors when determining base pay offers such as (but not limited to) scope and responsibility of the role, candidate’s work experience and/or education, training and certifications among other key skills at the time of offer.