Kleinman PEA Fellowship: Philadelphia Green Capital Corp.

Position Details

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Company Description

This opportunity is only available to Penn graduate students.

The Philadelphia Green Capital Corp (PGCC) is the non-profit “green bank” affiliate of the Philadelphia Energy Authority that aims to grow the clean energy economy in the Philadelphia region. PGCC offers low-cost financing options for energy efficiency and renewable energy projects and develops programs that remove systemic barriers to clean energy financing. Learn more about our products here.

The Philadelphia Energy Authority (PEA) is an independent municipal authority focused on energy affordability and sustainability issues in Philadelphia. In 2016, PEA launched the Philadelphia Energy Campaign, a $1 billion, 10-year investment in energy efficiency and clean energy projects to create 10,000 jobs, and to build a robust, equitable clean energy economy in Philadelphia. To date, PEA and PGCC together have supported over $380 million in projects and created over 3,275 jobs.

This Kleinman fellowship will enable a Penn graduate student to spend 10-12 weeks working on issues related to energy policy and programs at PGCC. Applicants should be highly motivated individuals with experience working on energy, finance, sustainability, government, and/or economic issues.

Context

Under the supervision of PGCC’s Senior Associate, the Kleinman Fellow will support PGCC’s continued growth as a new green bank entity serving the Philadelphia region. The Kleinman Fellow will focus on pipeline development, program development and management, market education, stakeholder engagement, and promoting accessible loan products and resources to accelerate the adoption of energy efficiency and renewable energy in Philadelphia. Most of the Fellow’s time will be spent supporting PGCC’s new programs, including the expansion of its low-income solar access program into southeast PA and early-stage partnership development with local lenders. The exact scope of work will be designed to complement the Kleinman Fellow’s existing skills and desired learning experiences.

Tasks

Tasks may include a combination of the following:

• Perform financial & sensitivity analyses in support of new product(s) to generate long-term program forecasts and evaluate risk, prepare detailed memos, and present findings to the Executive Director
• Create a marketing strategy and support partnership development for expanding the low-income solar program.
• Support pitch material development and participate in fundraising meetings to capitalize PGCC
• Lead special projects that support the development of new program development, which could include creating research briefs on potential investment opportunities for PGCC, identifying key partnerships, and evaluating policy & market trends to inform strategic planning

Background and Skills Required

• A self-starter with strong problem-solving and communication skills
• Demonstrated interest in energy, sustainability, climate change, impact investing, affordable housing, finance, and/or other relevant topics
• Demonstrated experience in one or more of the following: financial modeling, program or product development, data analytics, public policy & research, project and/or non-profit management
• Ability to manage simultaneous projects/work streams, set priorities, and exercise independent judgment

The following skills would be advantageous:

• Experience in energy and/or finance project development
• Experience in a company that is active in energy projects
• Experience in a start-up, non-profit, or entrepreneurial environment

Application Instructions

Apply for this position with a cover letter, resume, and transcript submitted through this form: 

Application Deadline: December 8, 2023 (deadline extended!)

Stipend

Fellows will receive $15,000 from the Kleinman Center. The selected student will be responsible for their own travel and housing.

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Through intentional hiring practices, PGCC is committed to fostering a respectful, diverse, and inclusive workplace. PGCC is an Equal Opportunity Employer and does not tolerate discrimination based on race, ethnicity, color, sex, sexual orientation, gender identity, religion, national origin, ancestry, age, disability, marital status, source of income, familial status, genetic information or domestic or sexual violence victim status.

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