This position is at the NY Green Bank, a division of NYSERDA. NY Green Bank is a globally recognized sustainable investment fund. Its mission is to accelerate clean energy deployment in New York State in alignment with the Climate Act.NY Green Bank collaborates with the private sector to transform financing markets. It also develops transaction structures and methodologies that overcome typical clean energy investment barriers and can serve as replicable models for other capital providers. New York is leading the nation in the fight on global climate change and the transition to a clean energy-powered economy. The Climate Act (https://climate.ny.gov/) has created the most aggressive climate change goals in the nation and requires an ambitious agenda that blends proven catalysts with innovative approaches while operating across a broader energy arena that is rapidly evolving. New York State Energy Research & Development Authority (NYSERDA) is a driving force in realizing this agenda. NYSERDA works with stakeholders that span residents, business owners, developers, community leaders, local government officials, universities, utilities, investors, entrepreneurs, and more, to develop, invest, and foster conditions that:
Attract the private sector capital investment needed to expand New York’s clean energy economy.
Overcome barriers to using clean energy at a large-scale in New York.
Enable New York’s communities and residents to benefit equitably from energy efficiency and renewable energy.
INTERNSHIP OVERVIEW NY Green Bank (“NYGB”) is a globally recognized $1.0 billion sustainable investment management fund with the mission to accelerate clean energy deployment in New York State (“NYS” or the “State”) by collaborating with the private sector to transform financing markets. NYGB works to increase the size, volume and breadth of sustainable infrastructure investment activity throughout the State, expand the base of investors focused on NYS clean energy, and increase market participants’ access to capital on commercial terms. To achieve these objectives, NYGB develops transaction structures and methodologies that overcome typical clean energy investment barriers, such as challenges evaluating risk and addressing the needs of distributed energy and efficiency projects where underwriting may be geared more towards larger and/or groups of somewhat homogeneous investment opportunities. With more than $2.1 billion invested as of September 30, 2023, NYGB has demonstrated that many of the financial market barriers to sustainable infrastructure projects in NYS are surmountable. NYGB is a division of the New York State Energy Research & Development Authority (“NYSERDA”). NYGB is seeking a motivated individual who is enthusiastic about clean energy and possesses excellent organizational, execution, analytical and communications/presentation skills. While experience or education in finance is not required, this person should be interested in and open to learning about the financing structures that drive the deployment of clean energy and sustainable infrastructure. This is for the position of Impact Intern on the Strategy, Impact, and Communications team, reporting to the Impact Associate. This is a paid internship for current students at an accredited college. The pay rate is from $18 to $20 per hour (with effect from 1/2/2025) based on current class year. This internship will begin on June 2, 2025 and continue for approximately 10 weeks.Interns must be located in New York State or an immediately adjacent state while working. It is expected that interns will follow our telework policy, with a combination of in-office and remote work. Interns work up to 18.5 hours per week during the semester, and up to 37.5 hours per week between semesters, when not attending classes.PRIMARY RESPONSIBILITIESWorking closely with the full Strategy, Impact, and Communications (SIC) team, support the full range of day-to-day activities with respect to:
Analyze investment proposals and estimate environmental impact attributable to underlying projects;
Support investment portfolio performance analysis;
Support portfolio environmental and financial market evaluation activities;
Maintain databases;
Support the development of an expanded impact reporting framework for high-priority focus areas of NYGB;
Drafting regular stakeholder outreach efforts (quarterly webinars, reviewing publicly filed materials, etc.) and responding to NYSERDA, investor/regulator (i.e., PSC and DPS), Chamber staff, Regional Greenhouse Gas Initiative and other stakeholder information requests; and
Ad-hoc and special projects relating to NYGB’s ongoing business and operations.
Ability to demonstrate respect, equity and inclusive behavior and practices of a diverse workforce and community.
MINIMUM QUALIFICATIONS
Current, full-time undergraduate student accredited college.
Strong verbal and written communication skills with the ability to articulate complex concepts;
High competency in data analytics and management with an ability to aggregate and extrapolate information from various data sources and analytics reports;
Action/results-oriented; able to work independently and as part of formal and informal teams; execute and get desired results; consistently gets things done in a timely and professional manner; honed attention to detail;
Extensive proficiency in MS Office products including PowerPoint and Word, along with strong problem-solving skills;
Able to handle a variety of projects in parallel; able to prioritize and keep all initiatives moving forward to meet deadlines; flexibility to move between projects, including where priorities and objectives shift;
Takes ownership of tasks, projects and relationships and follows through on obligations and promises;
Adaptable self-starter capable of taking on new and unfamiliar tasks as needed while working effectively in a dynamic, fluid and fast-paced organization;
Involves the right people at the right time for optimal problem-solving and decision-making;
Able to build trust and strong relationships across the organization.
TO APPLYPlease submit a PDF containing a 150-word statement of interest and 1-page resume (submitted as two separate files) online through our Careers page by February 28, 2025. (Applications submitted only through your school’s recruiting portal will not be considered.)Please note that during the application process, you may be prompted to opt-in to Artificial Intelligence (“AI”) scoring. This is an automatic request in the ADP system but is not a feature that is used by NYSERDA in its recruiting and hiring process. Your response will have no impact on your application to NYSERDA.LI-DNP