Manager, Investments 12

Treaty Oak Clean Energy is seeking a Manager, Investments in Hawaii to support investment decisions for utility-scale solar and battery storage projects. Responsibilities include leading financial modeling, coordinating due diligence, evaluating risks, and preparing investment materials. The role requires expertise in renewable energy fundamentals and financial modeling. The position is part of a team focused on advancing clean energy solutions and reports to the Manager, Investments.
Company Overview

Treaty Oak Clean Energy (Treaty Oak) is a utility-scale clean energy platform headquartered in Austin, Texas, focused on developing, commercializing, constructing, and operating utility-scale solar plus battery storage projects in targeted U.
S.
energy markets.
Our mission is to create a sustainable future by providing clean, low-cost energy solutions to the grid, benefiting energy consumers, communities, and generations to come.


Treaty Oak features an experienced management team with a track record of developing and commercializing 10 GW+ of utility-scale power projects and a collective 100+ years' experience across critical competencies, including power markets, offtake structuring, design, engineering and real estate, with such expertise being put towards our 15+ GW portfolio of utility-scale renewable energy projects across the U.
S.
, including 485 MW of in-construction and operational projects.


Treaty Oak is a wholly-owned portfolio company of Macquarie Asset Management (Macquarie), one of the world's largest infrastructure managers with $600 billion under management, pairing Treaty Oak's renewables development expertise with Macquarie's capital backing and global leadership in advancing the energy transition.


Summary

The Manager, Investments, will be a key team member responsible for supporting Treaty Oak's investment decision-making process across its portfolio of utility-scale solar and battery energy storage projects.
This individual will work across the full project lifecycle-from early-stage development diligence through Final Investment Decision (FID) and into construction and operations-interfacing with Macquarie and internal cross-functional teams to drive rigorous, well-supported investment recommendations.


The Manager, Investments, will lead and manage complex financial models, coordinate due diligence work streams, evaluate regulatory and market risks, support interconnection and offtake strategy, and prepare investment materials for internal and Sponsor-level approvals.
The position will report directly to the Manager, Investments, as part of the current team of 10 project finance and M&A professionals.


For this high-growth opportunity role, Treaty Oak is seeking an individual with significant knowledge of renewable energy project fundamentals, tax equity modeling skills, financial modeling best practices, and the regulatory, interconnection, and power market dynamics that drive investment outcomes in the utility-scale solar and BESS sectors.


Key Responsibilities
Lead preparation of investment memoranda, FID packages, and supporting materials for internal Investment Committee and Macquarie approval processes
Develop, manage, and quality-control fully structured project financial models to analyze project, partnership, and sponsor-level economics for solar and BESS projects; synthesize and communicate key findings and sensitivities to senior management and the Sponsor
Prepare marketing materials (e.
g.
, teasers and CIMs) for internal and external stakeholders / financing processes
Procure and scrutinize third-party reports (e.
g.
, IE, transmission, market, insurance, tax projections, and ITC cost segs) and project documentation (e.
g.
PPAs, EPC agreements, GIAs, equipment supply agreements, and O&M contracts) to accurately determine and integrate assumptions into financial models
Manage and coordinate external platform-level capital raising processes including coordinating with advisors, investors, and third-party diligence reports to aid in the timely execution of key financing workstreams
Manage and coordinate due diligence work streams across legal, tax, insurance, environmental, engineering, and market consultants, ensuring timely and accurate integration of third-party findings into investment recommendations
Evaluate and advise on regulatory compliance matters affecting project economics and eligibility, including FEOC/PFE rules, IRA tax credit requirements (ITC/PTC, domestic content, energy community), Safe Harbor strategies, and trade policy
Monitor and assess interconnection queue dynamics, network upgrade cost exposure, and milestone risks across MISO, ERCOT, PJM, and other relevant ISOs/RTOs; collaborate with the Interconnection team to inform go/no-go and capital allocation decisions
Support the Development, Engineering, and Procurement departments on early-stage evaluation of potential project designs, equipment selection, financing structures, and key economic drivers (e.
g.
, DC:
AC ratios, degradation assumptions, tax abatements)
Manage, mentor, and provide guidance to junior team members
Communicate and build relationships effectively with both internal teams and external stakeholders

Education and Qualifications
5+ years of renewable energy experience in project finance, corporate finance, or investment banking
Exceptional Microsoft Excel & PowerPoint skills, with advanced knowledge of Microsoft Excel formulas, financial model creation and best practices, and comfort understanding typical project finance macros / VBA code
Knowledge of renewable energy (solar and storage) project economic drivers and related tax incentives
Understanding of current tax credit monetization structures (e.
g.
partnership flips, credit transfers, hybrid, and accommodation partner / preferred equity structures) and construction-to-term debt financing, with a capability to economically model such structures
Comfort working in a demanding, deal-oriented team with recurring deadlines
Experience preparing investment memoranda, board materials, and financing marketing materials (teasers, CIMs) for sophisticated institutional audiences
Outstanding critical thinking skills, inquisitiveness, and resourcefulness / ability to work independently
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