Senior Commercial Analyst at TransGrid Energy
Irvine, California, USA -
Full Time


Start Date

Immediate

Expiry Date

28 Nov, 25

Salary

145000.0

Posted On

28 Aug, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

R, Python, Data Driven Decision Making, Pv, Economics, Risk Modeling, Analytical Skills, Power Markets, Pjm

Industry

Financial Services

Description

COMPANY OVERVIEW

TransGrid Energy is a renewable energy company focused on investing, developing, owning and operating utility-scale battery energy storage systems and PV projects. TransGrid has a robust pipeline of projects under construction and in late-stage development, and the Company is actively expanding its energy asset portfolio across the United States.
As an affiliate company of Hanwha Group, a FORTUNE Global 500 company driven by a firm commitment to advancing the clean energy future, TransGrid Energy is striving to shape the renewable energy landscape by providing sustainable and reliable power solutions tailored to meet the energy needs of today and tomorrow.

POSITION OVERVIEW

TransGrid Energy is seeking a highly analytical and market-savvy Senior Commercial Analyst to support the evaluation, pricing, and structuring of Power Purchase Agreements (PPAs) and merchant strategies across CAISO and other North American ISOs (e.g., ERCOT, PJM, NYISO). The ideal candidate combines strong quantitative skills with deep market knowledge to support investment decisions, asset optimization, and commercial execution.

REQUIRED QUALIFICATIONS

  • Bachelor’s degree or higher in business, economics, engineering, or a related field.
  • 4–7+ years of experience in power markets, PPA structuring, energy trading, or utility-scale asset development
  • Proficiency with ISO/RTO operations (particularly CAISO, ERCOT, PJM, or NYISO)
  • Advanced Excel modeling: strong working knowledge of Python or R preferred
  • Familiarity with forward curve construction, basis risk modeling, and dispatch optimization
  • Experience with PV, BESS and hybrid (PV+BESS) assets a strong plus

PREFERRED QUALIFICATIONS

  • Proven analytical skills with the ability to interpret complex datasets, perform quantitative modeling, and translate findings into actionable insights, supported by a track record of data driven decision-making

How To Apply:

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Responsibilities

PPA Structuring & Pricing

  • Lead and support negotiations of specific commercial terms, ensuring consistency between financial model assumptions and the final agreed contract provisions
  • Perform counterparty pricing analysis, incorporating nodal basis risk, shape, and settlement terms
  • Develop and maintain models to evaluate long-term offtake contracts (fixed-price, indexed, hedge structures, pay-as-produced, etc.)

Market Analytics

  • Collaborate across business groups during the early project development to conduct site evaluation, interconnection feasibility, and nodal analysis supporting commercial strategy
  • Analyze forward markets, LMP trends, ancillary services, and capacity markets across CAISO, PJM, ERCOT, and NYISO

Asset Valuation

  • Build and maintain financial valuation models for PV, BESS, and hybrid assets to support development decisions, M&A transactions, and asset optimization initiatives across the project lifecycle
  • Support negotiations with utilities and financial counterparties to advance deals, build relationships, and align strategic objectives
  • Perform other duties and special projects as assigned.
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