Business Analyst

Business Analyst – Renewable Energy

Location: Calgary, Alberta

Industry: Renewable Energy – Wind, Solar & Energy Storage

Employment Type: Full-Time

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 supporting the commercial and business development teams by providing financial analysis, project valuations, and strategic insights to evaluate new renewable energy investment opportunities.

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

This position involves working closely with cross-functional development, commercial, and investment teams to evaluate projects throughout their lifecycle, from early-stage development through construction and operations.

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 developments.
• Perform financial evaluations, discounted cash flow (DCF) analysis, valuations, and sensitivity analyses to support investment and project financing decisions.
• Evaluate project financial performance, risks, investment returns, and key financial metrics.
• Prepare business cases supported by detailed financial analysis, market research, and industry insights.
• Support financial structuring, project financing transactions, due diligence, and investment closings.

Commercial & Market Analysis

• Conduct electricity market research, including supply and demand forecasts, pricing trends, regulatory developments, and emerging business opportunities.
• Support the evaluation and negotiation of commercial offtake agreements, including Power Purchase Agreements (PPAs).
• Analyze financial and commercial considerations associated with renewable energy projects.
• Assist in preparing responses to Requests for Proposals (RFPs) from Canadian Crown corporations, utilities, and corporate electricity purchasers.
• Develop financial scenarios and pricing analyses to support commercial proposals and investment strategies.

Business Development & Reporting

• Collaborate with internal development, commercial, and investment teams to evaluate new project opportunities and potential acquisitions.
• Prepare financial analyses, business cases, and supporting documentation for management and investment approvals.
• Develop detailed PowerPoint presentations summarizing project performance, financial metrics, and investment opportunities.
• Contribute to monthly management reporting, steering committee materials, and Board of Directors presentations.
• Support strategic planning and portfolio-level analysis for renewable energy projects across Canada.

Required Qualifications

• Minimum 2 years of professional financial analysis experience, including experience developing and working with complex financial models.
• Bachelor's degree in Finance, Accounting, Economics, Mathematics, Engineering, or a related field.
• Advanced proficiency in Microsoft Excel, including financial modeling, spreadsheet development, valuation, and DCF analysis.
• Strong understanding of financial analysis, business case development, and scenario modeling.
• Proficiency in Microsoft PowerPoint, with experience preparing detailed financial presentations and reports.
• Strong analytical, quantitative, and problem-solving skills.
• Ability to interpret complex financial information and communicate findings clearly to internal stakeholders and senior management.
• Excellent organizational and time-management skills, with the ability to manage competing priorities and meet deadlines.
• Strong written and verbal communication skills.
• Fluency in English.

Preferred Qualifications

• 2–5 years of relevant financial analysis experience, ideally within renewable energy, electricity markets, or infrastructure investments.
• Experience working for an independent power producer (IPP), renewable energy developer, utility, investment bank, pension fund, or private equity firm.
• Experience evaluating wind, solar, battery energy storage, or other electricity generation projects.
• Exposure to project finance transactions, financial due diligence, investment valuations, or acquisition analysis.
• Experience preparing or supporting RFP submissions, particularly electricity procurement or corporate PPA proposals.
• Knowledge of Canadian electricity markets, energy pricing, and renewable energy development.
• Experience using VBA for financial modeling and spreadsheet automation.
• MBA, CPA, or CFA designation is considered an asset.

Additional Skills & Attributes

• Highly analytical with exceptional attention to detail and accuracy.
• Self-motivated, resourceful, and comfortable working independently.
• Strong critical-thinking skills and the ability to solve complex problems with limited information.
• Comfortable working in a fast-paced, entrepreneurial environment.
• Effective communicator who can collaborate with cross-functional teams and senior leadership.
• Adaptable, organized, and capable of balancing multiple projects and deadlines.
• Eager to learn and grow professionally within the renewable energy industry.
• Passionate about contributing to the transition toward cleaner energy sources.

What We're Looking For

We are looking for an individual who demonstrates:

• Initiative: A proactive, self-directed approach to solving problems and identifying opportunities.
• Teamwork: A collaborative mindset and the ability to build 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

This position is based in Calgary, Alberta, and may occasionally require additional hours to support project deadlines and business priorities.

The position title and level may be adjusted based on the qualifications and experience of the successful candidate.