Associate - Power Utilities & Renewables Group, Minneapolis

About the role

Houlihan Lokey, Inc. (NYSE:HLI) is a leading global investment bank recognized for delivering independent strategic and financial advice to corporations, financial sponsors, and governments. With uniquely deep industry expertise, broad international reach, and a partnership approach rooted in trust, the firm provides innovative, integrated solutions across mergers and acquisitions, capital solutions, financial restructuring, and financial and valuation advisory. Our unmatched transaction volumes provide differentiated, data-driven perspectives that help our clients achieve their most critical goals. To learn more about Houlihan Lokey, please visit HL.com. Financial Restructuring Houlihan Lokey has the largest worldwide financial restructuring practice of any investment banking firm, with offices and experienced professionals located across the globe. Since its inception in 1988, the restructuring group has advised on more than 1,900 restructuring transactions with aggregate debt claims in excess of $4 trillion. With nearly 300 dedicated restructuring professionals worldwide, our group has a significant global presence. We serve clients domestically and around the world, providing extensive resources to staff each case. Our broad base of clients and extensive experience allow us to understand the dynamics of each restructuring situation and the needs, attitudes, and positions of all parties in interest. Power Utilities & Renewables Group Houlihan Lokey's growing Power & Utilities ("PU&R") Group provides a unique opportunity to gain valuable experience in both sell-side and buy-side M&A and bespoke capital markets activities, as well as the largest and most complex restructuring transactions in the power industry. The PU&R Group has global coverage responsibilities for the firm's investment banking activities in the power sector, including significant sell-side and buy-side M&A mandates for large renewable projects, merchant energy producers and IPPs, power & gas retailers and investor owned utilities. Notably, given the ongoing global energy transition, electrification and other ESG themes, the PU&R Group has experienced significant growth in inquiries and projects for renewable project owners, energy transition sector players, and their stakeholders. In addition, the PU&R Group has worked on all 15 of the largest P&U restructurings since 2000 including Enron, Energy Future Holdings (TXU), Pacific Gas & Electric and SunEdison. The P&U Group also provides industry support for HL's market leading fairness and valuation practice. Responsibilities include: Advising boards of directors, equity sponsors, owners, investors and other stakeholders of merchant power producers, renewable energy companies, IPPs, retailers and utilities on the evaluation, marketing, and execution of various transactions Performing all pertinent financial analyses, including with respect to: Valuations (discounted cash flow, LBO, trading comparables, precedent transactions, etc.) Financing and debt capacity analyses Recovery waterfalls, and recovery and equity split analyses Returns / IRR analyses Preparation of marketing materials, pitches, teasers, and various presentations Interfacing with the other industry professionals and consultants in evaluating power and utility assets Supporting ongoing analyses of recent events, transactions and trends within the power and utility sector Associates are typically members of deal teams comprising at least one Managing Director, Vice President and Financial Analyst.

Requirements

• Our team is looking for candidates with qualifications that include:
• B.A. or B.S. in Finance, Accounting, Business or Applied Economics and / or course work in accounting and finance
• Fundamental understanding of valuation theory, methodologies, and applications
• Strong financial and computer skills
• Demonstrated ability to work cooperatively with all levels of staff
• Strong analytical abilities, including financial modelling skills
• Excellent verbal and written communication skills
• An advanced level of attention to detail
• Compensation and Benefits
• Houlih

Benefits

Additional Information

Business Unit: Financial Restructuring Group Industry: Power & Utilities

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