Intern, M&A

Intern, M&A

Aypa Power, a Blackstone portfolio company, is a leading developer, owner, and operator of utility-scale energy storage and hybrid renewable projects that power our communities and cities. Our mission is to responsibly decarbonize the grid and make North American energy markets more affordable, sustainable, and efficient. Aypa is well-capitalized and uniquely positioned to lean forward on projects with well-suited deal structures to meet our customers' needs. We have been at the forefront of energy storage development since our first energy storage project came online in 2018. As a leader in our industry, we now have over 22 GW of utility-scale energy storage and hybrid renewable energy projects in development and 33 projects in operation or construction across North America.

Reports to:

• Paid, full-time summer internship
• The internship period is June 9, 2024 - August 16, 2024
• Must be based in Austin, TX, or willing to relocate for the duration of the internship period
• Will be required to work in person from the office located in the Domain

Responsibilities:

• Assist in the evaluation of project or portfolio acquisition opportunities by analyzing interconnection queues and identifying strategic acquisition targets;
• Support preliminary assessments of potential opportunities to identify key risks, flaws, and opportunities within projects under consideration;
• Contribute to the development of commercial deal structures for acquisitions and partnerships by aiding in the preparation of term sheets and definitive documents under the guidance of senior staff;
• Collaborate with internal and external teams during the initial stages of due diligence for evaluating acquisition opportunities;
• Help maintain relationships with local and regional developers through regular communication and assistance in coordination efforts;
• Provide support to the power marketing team in crafting strategies for entering new markets as needed;
• Engage in primary research by collecting data from utility Integrated Resource Plans (IRPs) and other relevant sources to inform strategic decision-making;
• Learn about development criteria to assist in analyzing attractive market opportunities;
• Monitor competitor activity and assist in the development of competitive intelligence databases;
• Support the identification of promising project locations in targeted markets, working alongside internal experts;
• Participate in various tasks as needed, including project divestitures, development activities, and other company-related matters.

Key Qualifications:

• Currently pursuing a Bachelor's Degree in a related field or industry equivalent and/or working towards a graduate degree (MBA) is desirable
• A strong interest in the renewable energy sector and a passion for decarbonization initiatives
• Excellent verbal and written communication skills
• Ability to work well in a team and adapt to an entrepreneurial environment
• Demonstrated initiative and the ability to work with minimal supervision
• Ability to work in a fast-paced environment and manage tasks efficiently
• A proactive and enthusiastic mindset with a focus on learning and professional development

At Aypa, we nurture and support a highly diverse team and actively seek to advance fair and inclusive practices in all aspects of what we do. We hire passionate, dedicated, and forward-thinking individuals from different backgrounds and value unique perspectives and experiences. With a focus on belonging, we are committed to providing an inclusive environment for all.