Business Analyst – Renewable Energy

Location: Calgary, Alberta

Industry: Renewable Energy – Wind, Solar & Energy Storage

Position Overview

We are seeking a detail-oriented and analytical Business Analyst to join a growing Canadian renewable energy company focused on developing wind, solar, and energy storage projects across Canada.

This is an exciting opportunity to join a fast-paced, entrepreneurial organization committed to advancing the clean energy transition.

The Business Analyst will play a key role in evaluating renewable energy investment opportunities, supporting commercial and business development activities, and providing financial analysis throughout the project lifecycle, from early-stage development through construction and operations.

The successful candidate will be responsible for developing financial models, analyzing project economics, supporting Power Purchase Agreement (PPA) pricing, evaluating investment opportunities, and assisting with project financing and acquisition activities.

This position involves collaborating with cross-functional development, commercial, and investment teams to develop business cases, prepare RFP submissions, and deliver financial analysis supporting strategic investment decisions.

The ideal candidate will have 2–5 years of experience in financial analysis, preferably within renewable energy, power generation, project finance, investment banking, infrastructure investment, or a related industry.

Key Responsibilities:

Financial Modeling & Project Analysis

• Develop, maintain, and independently manage complex financial models and project pro formas for wind, solar, and energy storage projects.
• Perform financial evaluations, discounted cash flow (DCF) analysis, valuations, and sensitivity analyses to support investment and project financing decisions.
• Analyze project financial performance, investment returns, risks, and key financial metrics.
• Prepare business cases supported by detailed financial analysis, market research, and industry insights.
• Evaluate financial structuring alternatives and provide analytical recommendations to support final investment decisions.
• Support project finance transactions, funding activities, financial due diligence, and investment closings.

Commercial & Electricity Market Analysis

• Conduct electricity market research, including supply and demand forecasts, industry trends, pricing considerations, and emerging business opportunities.
• Develop financial scenarios and sensitivity analyses to support commercial strategies and investment evaluations.
• Assist with the financial evaluation of commercial offtake agreements, including Power Purchase Agreements (PPAs).
• Review and analyze RFP requirements, commercial terms, and project economics.
• Support the preparation and submission of RFP responses for Canadian Crown corporations, utilities, and corporate electricity purchasers.
• Prepare financial analyses, written summaries, and presentations supporting competitive procurement opportunities.

Business Development & Reporting

• Collaborate with internal development, commercial, and investment teams to evaluate new renewable energy projects and potential acquisitions.
• Prepare financial analyses and business cases supporting investment approvals and strategic business decisions.
• Develop detailed PowerPoint presentations summarizing project economics, financial metrics, and investment opportunities.
• Contribute to monthly management reporting, steering committee materials, and annual and semiannual Board of Directors presentations.
• Support portfolio-level analysis, project performance evaluations, and electricity market reporting.
• Ensure financial information and recommendations are communicated accurately, clearly, and concisely to internal stakeholders and senior leadership.

Required Qualifications

• Minimum 2 years of professional financial analysis experience, including experience working with complex financial models and project pro formas.
• Bachelor's degree in Finance, Accounting, Economics, Mathematics, Engineering, or a related field.
• Strong proficiency in Microsoft Excel, including spreadsheet development, financial modeling, valuation, and discounted cash flow (DCF) analysis.
• Knowledge of VBA and its application to spreadsheet analysis and financial modeling.
• Strong proficiency in Microsoft PowerPoint, including preparing detailed financial presentations and business cases.
• Experience developing business cases using financial analysis, industry research, and market data.
• Excellent analytical and quantitative skills, with the ability to interpret complex financial information.
• Strong problem-solving and critical-thinking abilities.
• Exceptional attention to detail, organization, and accuracy.
• Strong written and verbal communication skills.
• Ability to work effectively with cross-functional teams and stakeholders at various organizational levels.
• Fluency in English.

Preferred Qualifications

• 2–5 years of relevant experience in financial analysis, preferably within renewable energy, electricity markets, or infrastructure investments.
• Experience working for an independent power producer (IPP), renewable energy developer, investment bank, pension fund, or private equity firm.
• Experience evaluating wind, solar, energy storage, or other electricity generation projects.
• Familiarity with electricity sector fundamentals and renewable energy development.
• Experience supporting project finance transactions, investment valuations, acquisitions, or financial due diligence.
• Experience preparing or supporting RFP submissions, including corporate PPA proposals.
• Knowledge of electricity supply and demand forecasts, market trends, and renewable energy investment opportunities.
• MBA, CPA, or CFA designation is considered an asset.

Additional Skills & Attributes

• Highly analytical with exceptional attention to detail.
• Self-motivated, resourceful, and comfortable working independently.
• Strong organizational and time-management skills.
• Ability to manage multiple priorities and meet competing deadlines.
• Comfortable working in a fast-paced, entrepreneurial environment.
• Ability to solve complex problems and make informed decisions with limited information.
• Excellent interpersonal skills and the ability to communicate effectively with internal teams, senior management, and external stakeholders.
• Adaptable, flexible, and eager to develop new skills.
• Strong professional judgment, accountability, and commitment to continuous improvement.
• Passionate about contributing to the growth of the renewable energy industry.

What We're Looking For

We are looking for an individual who demonstrates:

• Initiative: A proactive, self-directed approach to identifying opportunities and solving problems.
• Teamwork: A collaborative mindset and the ability to develop positive working relationships.
• Integrity: Strong professional ethics, accountability, and sound judgment.
• Analytical Thinking: The ability to evaluate complex information and develop practical, data-driven recommendations.
• Commitment to Safety: An appreciation for maintaining a safe, responsible, and professional work environment.
• Continuous Improvement: A willingness to learn, innovate, and improve processes.

Work Location & Additional Requirements

• This position is based in Calgary, Alberta.
• Occasional extended hours may be required to support project deadlines and business priorities.
• The successful candidate will collaborate with internal commercial, development, finance, and investment teams.
• The position title and level may be adjusted based on the qualifications and experience of the successful candidate.

Why Consider This Opportunity?

This position offers an opportunity to contribute to the growth of Canada's renewable energy sector while gaining exposure to utility-scale wind, solar, and energy storage projects.

The successful candidate will work on meaningful renewable energy investment opportunities, develop valuable financial and commercial skills, and collaborate with experienced professionals in a dynamic, entrepreneurial environment.

We are seeking an analytical, motivated professional who enjoys solving complex financial challenges and wants to contribute to the transition toward cleaner energy.