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About Us

Brookfield Renewable, as one of the core businesses under Brookfield Corporation, is one of the world’s largest owners, operators, and developers of renewable power, with $125 billion of power assets under management. Our diverse portfolio of hydro, wind, solar, distributed energy, storage, and sustainable solutions extends across five continents, totaling over 46,000 megawatts of generating capacity. We use our operating capabilities, scale and global reach to develop and operate a high-quality clean energy portfolio in a responsible manner, helping accelerate the global transition to net zero.

Organization Overview:

Modal Power is a Solar IPP which owns a ~2.3GW portfolio of fifteen operating projects, four under-construction projects, and three pre-NTP assets.

Modal Power is managed by Brookfield Renewable. Brookfield Renewable, as one of the core businesses under the Brookfield Corporation, is one of the world’s largest owners, operators, and developers of renewable power, with $125 billion power assets under management. Brookfield’s diverse portfolio of hydro, wind, solar, distributed energy, storage, and sustainable solutions extends across five continents, totaling over 46,000 megawatts of generating capacity. We use our operating capabilities, scale and global reach to develop and operate a high-quality clean energy portfolio in a responsible manner, helping accelerate the global transition to net zero.

We attract high-performing individuals who are driven to make an impact in a fast-paced and collaborative environment. We offer unparalleled opportunities to lead and manage one of the largest renewable energy businesses with decades of history, while contributing to the global need for sustainable energy.

About the Role

Modal Power is looking for a Renewable Energy Portfolio Manager who thrives in a fast-paced and performance-driven environment in a role that provides exposure to different facets of the business. Reporting to the SVP of Capital Markets, the Portfolio Manager is responsible for overseeing the financial, commercial, and financing obligations of the company's operating renewable energy portfolio. This role serves as the primary relationship manager for tax equity investors, senior lenders, and other capital providers while ensuring compliance with financing agreements and optimizing portfolio financial performance. The Portfolio Manager will also work with the operating businesses to assess, understand, and mitigate key business risks, and to ensure newly acquired assets are integrated in line with Modal Power's standards. Working closely with Asset Management, Accounting, Treasury, Legal, and Operations teams, the Portfolio Manager will coordinate investor reporting, financial forecasting, covenant compliance, distributions, reserve management, and strategic portfolio initiatives.

Key Responsibilities

• Serve as the primary relationship manager for tax equity investors, senior lenders and financing parties across the operating portfolio
• Coordinate quarterly and annual investor reporting packages
• Manage tax equity compliance requirements and reporting obligations
• Support investor inquiries; coordinate with internal and external tax advisors on tax and partnership matters
• Monitor tax equity yield projections and identify risks or opportunities affecting investor returns
• Facilitate investor approvals, consents, and governance requirements
• Manage compliance with debt agreements, reserve requirements, and financing covenants, and coordinate lender reporting and information requests
• Monitor debt service coverage ratios, cash sweeps, reserve accounts, and distribution tests
• Maintain financial models and long-term forecasts in collaboration with Asset Management and Accounting teams
• Analyze portfolio cash flows, distributions, and financial performance against business plans, and support portfolio performance reporting
• Evaluate opportunities to enhance portfolio value through refinancing or restructuring
• Support divestiture activities, including financial due diligence and transaction execution, and assess the financial impacts of operational and commercial decisions across the portfolio
• Work with the operating businesses to assess, understand, and mitigate key business risks across the portfolio
• Partner with Asset Management, Accounting, Treasury, and Legal on operational, reporting, liquidity, and financing matters
• Support executive management reporting and board presentations

Knowledge and Experience Required

• An undergraduate degree in Finance, Accounting, Economics, Business, Engineering, or related field
• 5+ years of relevant experience in renewable energy finance, project finance, portfolio management, asset management, infrastructure investing, business advisory, audit, or consulting roles
• Experience working with tax equity structures and project finance debt facilities, and a strong understanding of renewable energy financing structures and partnership arrangements
• Experience with solar and energy storage portfolios, and familiarity with partnership flip structures and renewable energy tax credits, considered an asset
• Knowledge of project finance documentation and covenant compliance, and experience supporting M&A, refinancing, or capital markets transactions, considered an asset
• A professional designation (CPA/CA, CFA, MBA, or equivalent) a plus
• Strong working knowledge of a variety of computer applications including word processing, spreadsheets, and presentation software (MS Word, Excel, PowerPoint)
• Strong written and verbal communication skills, with the ability to engage effectively with senior executives, capital partners, and external advisors
• Self-motivated, proactive, and able to work effectively in a fast-paced, dynamic environment with limited structure and multiple competing priorities
• Strong interpersonal skills and the ability to handle confidential and non-routine information with discretion
• Advanced quantitative, analytical, and financial modeling abilities
• Strong organizational skills and attention to detail
• Experience managing multiple projects and competing requirements
• Experience managing external investor and lender relationships

Salary: $150,000.00 –$185,000.00, bonus eligible.

Working here, you will enjoy:

At Brookfield, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential.

• We work to recognize you in meaningful, personalized ways including a competitive salary, bonus structure, a health benefits program, and 401(k) plan.
• Our spaces are open, dynamic, and collaborative, giving you access to different businesses and teams.
• We cultivate a culture where we invest in your growth and development.

Diversity & Inclusion

Brookfield Renewable embraces and promotes the principles of diversity, equity, and inclusion. We welcome and encourage applications from all qualified candidates, including women, Indigenous peoples and other persons of all races, ethnic origins, religions, abilities, sexual orientations, and gender identities and expressions. We also provide accommodation during all parts of the hiring process, upon request. If contacted to proceed to the recruitment process, please advise us if you require any accommodation.