Associate, Structuring (Tax/Preferred Equity)

Crux is the capital platform for the clean economy. We modernize capital raising and deployment for clean energy and critical infrastructure with solutions across advisory, investments, technology, and intelligence.

Our team of 120+ is composed of experts in energy, tax, finance, government, and technology. We have raised $77 million in capital from some of the best investors, including Andreessen Horowitz, Lowercarbon Capital, New System Ventures, Overture, Ardent Venture Partners, QED, Canapi, and others. These funds are joined by strategic investors including Pattern Energy, Clearway Energy, EDF Renewables, Intersect Power, LS Power, Orsted, Hartree Partners, Liberty Mutual Strategic Ventures, MassMutual Ventures, and OMERS Ventures.

Energy demand is growing for the first time in decades, driving an urgent need for more affordable and reliable electricity. More electricity requires new clean energy infrastructure and strong domestic supply chains for minerals and components — as well as large amounts of capital.

Traditional project financing is opaque, fragmented, and analog. At Crux, we’re changing that. Through unmatched insights and expertise, white-glove service, purpose-built tools, and risk underwriting, we power a more prosperous, clean, and secure energy future.

We are scaling quickly and looking for team members who are eager to combine deep expertise with an AI-and tech-forward mindset.

The Associate, Tax/Preferred Equity will be a core member of Crux's Structuring team, reporting to leadership within the Structuring team. The team delivers capital solutions across tax equity, preferred equity, debt, and advisory services to sponsors, developers, and investors. This role sits on the tax/preferred equity side of the team and is a hands-on role for a financially rigorous analyst with foundational knowledge of these structures and a strong desire to grow within structured renewable energy finance, covering project-level and portfolio-level transactions in renewable energy and energy transition infrastructure. The Associate will support the screening, underwriting, structuring, and execution of transactions from intake to closing.

The role requires strong financial modeling skills, exposure to renewables and energy transition markets, and the ability to operate in a fast-paced startup environment.

This position is ideal for candidates with at least 2 years of relevant experience in investment banking, structured finance, renewable energy, infrastructure investing, or a closely related field who are looking to deepen their structuring expertise in a fast-moving, technology-forward environment.

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  Support the screening and underwriting of new opportunities, including initial reviews, pre-pricing screens, and running/updating financial models for tax/hybrid and preferred equity transactions.

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  Assist in the preparation of investment materials for Investment Committee, including transaction economics, sensitivities, and risk analyses.

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  Work closely with senior members of the Structuring team to drive transactions from intake to closing.

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  Analyze sponsor financials, project contracts, and diligence materials to help identify risks and value drivers.

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  Leverage technology and AI-enabled tools to increase accuracy and efficiency in modeling, diligence, and reporting.

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  Contribute to process improvements and template standardization (models, IC memos, term sheets) across the Structuring team.

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  Support limited external interactions with developers, investors, and advisors under guidance from senior team members.

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  Assist with portfolio management and reporting as needed, including monitoring project performance against underwriting.

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  Support platform initiatives to scale tax equity workflows and develop new tech-enabled products and solutions for financing processes.

   

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• Bachelor's degree in Finance, Economics, Engineering, or a related field; MBA or MS a plus.

• Minimum 2+ years of experience in renewable energy, structured finance, infrastructure investing, investment banking, or a closely related field.

• Demonstrated exposure to tax equity, project finance, or other structured renewable energy transactions.

• Strong financial modeling and structuring skills, with mastery of core valuation and return concepts.

• Strong Excel skills, including comfort building and navigating complex financial models; VBA or Python skills a plus.

• Experience preparing transaction materials and conducting due diligence.

• Familiarity with tax equity structures (partnership flip, T-flip, hybrid, preferred equity), including allocations, capital accounts, and flip mechanics.

• Exposure to IRS requirements, safe harbor tests, or recapture provisions a plus but not required.

• Experience in a transaction-focused environment with client interaction responsibility is a plus.

• Strong analytical, organizational, and communication skills, with the ability to manage multiple workstreams in a fast-paced environment.

• Comfortable adopting new technology platforms and integrating AI tools into daily workflows.

• FINRA SIE, Series 79, and 63, or willingness to obtain them under Crux’s broker-dealer sponsorship.