In Power Generation Jobs in Chicago, IL (NOW HIRING)

Description
About Middle River Power
Middle River Power (MRP) is a private equity-sponsored platform specializing in the investment and asset management of U.S. power generation facilities. With over 8GW of natural gas, coal, battery storage, and solar facilities across multiple states, the company focuses on safe, reliable, and efficient power plant operations. MRP's executive team collectively brings over 120 years of expertise in energy management and power generation, collaborating closely with plant personnel and industry professionals. MRP applies a data-driven approach to investment and operational decisions, considering key factors such as regulatory changes and resource planning. Learn more at middleriverpower.com.
At MRP, we believe that experienced leadership, capable emerging talent, and strong partnerships enable us to deliver innovative, outsized solutions in the energy sector. This framework ensures every hire strengthens our culture of curiosity, collaboration, and commitment while maintaining the speed and flexibility our business demands.
The Behaviors We Hire For
Our business thrives on a set of behaviors that allow our team-based culture to reach high standards and build on one another's strengths. MRP is a PE-backed environment that requires operating at pace, calculated risk-taking, and creative problem-solving. The people we hire must excel not only in their technical domain but also embody the behaviors that make us successful.
• Love What You Do - Genuine curiosity for the energy sector and our business
• Collaborate to Win - Works across teams; believes partnership delivers results
• Comfort with Ambiguity - Adapts to growth and change; solves problems resourcefully
• Innovation Over Status Quo - Brings fresh thinking and challenges assumptions
• Confident & Honest - Owns their contribution; transparent about what they don't know
• Progressive Problem Solver - Guides problems to solutions; works hard to get it done
• Here for the Long Term - Committed to building a career and business with others
Position Summary
Middle River Power is seeking a Senior Development Analyst to support the development and execution of conventional, renewable, and hybrid power generation projects across the full project lifecycle. This role will serve as a key analytical partner to the development team, leading financial modeling, market analysis, project valuation, and strategic decision support for a growing portfolio of generation assets.
The Senior Development Analyst will work closely with development, commercial, finance, engineering, legal, and executive leadership teams to evaluate new opportunities, advance active projects, and support investment decisions. The ideal candidate brings strong financial and analytical capabilities, experience in energy infrastructure or project development, and a genuine interest in the evolving energy sector.
Key Responsibilities
• Lead project-level financial modeling, valuation, and scenario analysis to support development and investment decisions.
• Evaluate project economics, financing structures, and commercial opportunities across a portfolio of generation assets.
• Conduct market, regulatory, interconnection, and permitting analysis to assess project viability and risks.
• Support project advancement through coordination with internal teams and external stakeholders.
• Monitor power market, policy, and industry developments and provide strategic recommendations.
• Prepare presentations, investment materials, and executive-level reporting to support key business decisions.
• Support development, acquisition, and strategic growth initiatives across the MRP platform.
Required Qualifications
• Bachelor's degree in Finance, Economics, Engineering, Energy, or a related field.
• 4-7+ years of experience in power generation, project development, project finance, infrastructure investing, or energy markets.
• Advanced Excel and financial modeling skills; experience with Power BI, Tableau, Python, or similar analytical tools preferred.
• Strong understanding of project economics, power markets, interconnection, permitting, and regulatory frameworks.
• Excellent analytical, communication, and cross-functional collaboration skills.
• Ability to work independently, manage multiple priorities, and influence decision-making in a fast-paced environment.
Overview of our Hiring Process
We take a progressive approach to our interview process, which means we move quickly and prioritize early conversations with the people you would work with day to day. Final round interviews are usually held onsite and include members of our leadership team. In some situations, we will ask candidates to complete a project or build a presentation when it is relevant to the job. We are committed to moving efficiently and valuing your time throughout the interview process.
Work Location
To foster a collaborative culture, we aim to place roles within one of our office locations. In some cases, we may create remote roles when it makes sense for business. Frequency and location of travel for team meetings and job duties will vary by role. MRP is an in-office 4 days a week organization.
Compensation
MRP builds its compensation packages to reward and recognize high-performing talent. Base salary ranges are designed to be competitive by market and take into consideration individual experience, technical skills and long-term career growth. Each employee is also eligible for an annual discretionary bonus based on their level and company annual performance metrics.
Benefits and Perks
MRP offers a holistic and comprehensive benefits package for all employees that consists of the following:

• Medical, vision, dental coverage for employees and families is 90% employer-funded
• FSA and HSA plans with company HSA contributions
• 15 days of PTO, company holidays, and two floating holidays
• Employee EAP and wellness services
• Parental Leave
• 401k with company matching up to 4%

Pay Range
$110,000.00 Annually to $115,000.00 Annually