How to apply for Associate, Structuring (Debt Capital Markets)

About Crux Climate

Crux is a capital platform for the clean economy, modernizing capital raising and deployment for clean energy and critical infrastructure. It has raised $77 million from investors including Andreessen Horowitz, Lowercarbon Capital, and strategic partners like Pattern Energy and Orsted. The team of 120+ combines energy, tax, finance, government, and technology expertise.

About the role

This Associate, Structuring role sits within Debt Capital Markets, supporting the structuring of tax credit transactions that accelerate clean energy projects. You will help build the financial structures and underwriting that connect clean energy developers with capital. The work directly supports Crux's goal of making project financing more efficient and interconnected.

A typical day

A typical day might involve building or reviewing financial models for tax credit transactions, coordinating with legal and tax teams on deal documents, and communicating with clean energy developers or investors. You may also research market conditions and help prepare internal or client-facing materials. Since the role is remote, you would collaborate via video calls and shared documents with colleagues across the US.

Who Crux Climate is looking for

• 2-4 years of experience in debt capital markets, project finance, or tax equity structuring, ideally with exposure to renewable energy or infrastructure.
• Familiarity with tax credit transferability, tax equity structures, or clean energy financing mechanisms.
• Strong financial modeling skills and comfort working with complex transaction documents.
• Ability to work remotely and collaborate with a distributed team across finance, legal, and energy experts.

Tips for this application

• Highlight any direct experience with tax credit transfers, tax equity, or renewable energy project finance in your resume and cover letter.
• Reference Crux's specific investors and strategic partners (e.g., Pattern Energy, Orsted) to show you understand their ecosystem.
• Explain how your background aligns with Crux's focus on modernizing opaque, fragmented project financing.
• If you have worked on debt capital markets transactions, quantify deal sizes and your specific role in structuring or execution.
• Use the cover letter to connect your experience to Crux's mission of accelerating clean energy through efficient tax credit transactions.

What to cover in your cover letter

['Your hands-on experience structuring debt or tax equity transactions, including any clean energy deals.', 'Understanding of tax credit transferability and how it fits into project finance.', "Why Crux's approach to streamlining sustainable finance appeals to you, referencing their platform and investors.", 'How you can contribute to a remote team that spans finance, tax, and energy expertise.']

Research before applying

• Study Crux's product offerings: advisory, investments, technology, and intelligence for clean energy capital.
• Read about the Inflation Reduction Act's tax credit transferability provisions and how they affect project finance.
• Review the backgrounds of Crux's strategic investors (e.g., Pattern Energy, Clearway Energy) to understand their roles in clean energy.
• Look up recent clean energy project finance deals and tax credit transactions to see market trends.

Likely interview topics

Based on the job description, expect questions about:

• Walk through a debt capital markets or tax equity transaction you structured. What was your role and what was the outcome?
• How do you assess risk in clean energy tax credit transactions?
• What do you know about the current state of tax credit transferability and its impact on renewable energy financing?
• How would you explain Crux's value proposition to a clean energy developer?
• Describe a time you worked with legal, tax, and engineering teams to close a complex deal.

Common mistakes to avoid

• Submitting a generic cover letter that does not mention tax credits, debt capital markets, or clean energy.
• Failing to demonstrate any knowledge of Crux's business model or the tax credit transfer market.
• Overstating experience in structuring without being able to discuss specific deals or technical details.