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. 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.