Economic Modelling Associate

Economic Modelling Associate

Based in Madrid

About Hyren

Hyren is the new green hydrogen platform created by Matrix Renewables, a global renewable energy platform created and backed by global alternative asset manager TPG and its $18 billion impact investing platform TPG Rise.

Backed by a proven track record and extensive experience in the renewable energy sector, which has led it to manage more than 14 GW of renewable power, as well as 40 years in the hydrogen sector, Hyren is aiming at the development of a pipeline of more than 4000 MW in Spain, whose construction, management and operation will also be carried out by the platform.

Hyren is poised for fast growth in an emerging field underpinned by national and European policies aimed at decarbonization across all sectors of the economy. To achieve this the company is assembling a multidisciplinary and energetic team of individuals.

The Role and Responsibilities

This role, which reports to the Business Development Manager, will be a key member of this team. Based in Madrid, the Economic Modelling Associate will support and create techno-economic project models. Responsibilities will include:

  • Planning and execution of all project models, ensuring profitability by accurately reflecting costs, taxes, and other factors in complex models that consider inputs from the technical, project development and regulatory angles.
  • Collaborating with various teams to ensure accurate inputs and completeness of economic models.
  • Challenging assumptions, benchmarking, and identifying contingencies to mitigate risks and optimize opportunities.
  • Providing support to the management team and creating value by assessing investment proposals and presenting them to other team members and top executives.
  • Updating and finetuning the techno-economic model tools as needed. It is expected that this will be a significant task, given the complex set of parameters that must be considered when building comprehensive and solid project economic models in a dynamic sector such as hydrogen.

A crucial role at a time when the company is growing rapidly, this position offers significant challenge and opportunity for the right individual.

The Requirements

Bachelor’s degree. Nice to have: Master’s degree.

At least 4 years in economic modelling and project finance. Nice to have: within the renewable energy sector.

Experience in complex models with associated high levels of detail.

Fluent in English.

High level of proficiency in Microsoft Excel is a must.

Strong analytical capacity.

Communication skills.

Commitment to teamwork and excellent interpersonal skills.

Bright, dedicated and outcome-focused.

You will be down-to-earth with a humble approach which will fit with Hyren´s lean and collegiate corporate structure and culture. As a platform in a period of high-growth, Hyren has an entrepreneurial culture with a flat hierarchy; therefore, you will be a driven, ambitious, self-starter.

You will perceive this as a fantastic opportunity to join a growing company at an early stage and to make a major contribution to the delivery of their strategic objectives. This is a truly unique opportunity to join a high-quality early-stage business.

Hyren is committed to a fulfilling, inclusive and non-discriminatory working environment in all individuals are treated as individuals, with respect and dignity and are given opportunities to develop their careers and contribute to both the Company´s and their own success. Furthermore, Hyren is committed to ensuring a rigorous, fair and non-discriminatory selection and recruitment process and to treat all candidates who apply for a position in Hyren equally. We advocate for equal opportunity and do not discriminate against gender, marital status, religion, age, colour, race, sexual orientation, nationality or disability.

Hyren hereby informs the job applicant that his/her curriculum vitae as well as all other personal data provided during the selection process will be processed by Hyren as data controller. Such data will be processed for the purpose of analyzing the Applicant’s skills and aptitudes and assessing the Applicant’s candidacy for the job offered. The Applicant, under the terms established in the data protection regulations in force at any time, may exercise his/her rights to access, rectification, erasure, restriction of processing, data portability, objection and not to be subject to automated individual decisions. For this purpose, he/she may contact in writing to the following email address: