How to apply for Associate, Structuring (Tax/Preferred Equity)

About Crux Climate

Crux is a capital platform for the clean economy, modernizing how clean energy and infrastructure projects raise and deploy capital. The company has raised $77 million from investors including Andreessen Horowitz, Lowercarbon Capital, and strategic partners like Pattern Energy and Orsted. Its focus on tax credit transactions and preferred equity structuring is tied to the growing demand for clean energy financing.

About the role

As an Associate in Structuring (Tax/Preferred Equity), you will work on the execution of tax credit transactions and preferred equity structures that fund clean energy projects. This role sits at the intersection of tax, finance, and energy, directly supporting the capital deployment that accelerates infrastructure buildout. You will likely collaborate with internal teams and external clients to underwrite, model, and close deals.

A typical day

A typical day might involve reviewing financial models for an upcoming tax equity closing, coordinating with legal counsel on documentation, and participating in a call with a client to discuss structuring options. You could also spend time researching tax credit transfer opportunities or preparing internal investment committee materials. The remote setup means much of your collaboration happens over video calls and shared documents.

Who Crux Climate is looking for

• Has 2-4 years of experience in project finance, tax equity, structured finance, or renewable energy transactions.
• Understands tax credit transfer mechanisms, preferred equity structures, and relevant IRS guidelines for clean energy incentives.
• Is proficient in financial modeling and can build or review complex cash flow models for tax equity partnerships.
• Can manage multiple deal workstreams and communicate clearly with clients, investors, and internal stakeholders in a remote setting.

Tips for this application

• Highlight any direct experience with tax equity, tax credit transfers, or preferred equity in renewable energy deals—this is the core of the role.
• Use your resume to show specific transaction sizes, asset types (e.g., solar, wind, storage), and your role in closing deals.
• In your cover letter, mention Crux's investors and strategic partners to show you understand the company's position in the market.
• Since the role is remote, demonstrate your ability to work independently and coordinate across time zones in previous roles.
• If you have experience with tax credit transferability under the Inflation Reduction Act, make that explicit—it is highly relevant.

What to cover in your cover letter

['Your hands-on experience structuring tax equity or preferred equity transactions, including deal size and asset class.', "Familiarity with tax credit transfer markets and how Crux's platform fits into that ecosystem.", 'Your ability to work remotely and manage deal processes with minimal supervision.', 'Why you want to join a capital platform that combines advisory, investments, and technology for clean energy.']

Research before applying

• Review Crux's product offerings and recent announcements to understand how they facilitate tax credit transactions.
• Study the backgrounds of Crux's leadership team, especially those with tax or structured finance experience.
• Read up on the Inflation Reduction Act's tax credit transfer provisions and how they are being used in practice.
• Look into Crux's strategic investors like Pattern Energy and Orsted to see what types of projects they develop and how Crux might support them.

Likely interview topics

Based on the job description, expect questions about:

• Walk through a tax equity or preferred equity deal you worked on—what was your role, and what were the key structuring challenges?
• How do you model the allocation of tax credits and cash flows between partners in a typical partnership flip or sale-leaseback?
• What do you know about the current state of tax credit transferability under the Inflation Reduction Act, and how might it affect deal structuring?
• How would you approach underwriting a portfolio of distributed generation projects for a preferred equity investment?
• Describe a time you had to coordinate with legal, tax, and engineering teams to close a transaction. How did you manage the process?

Common mistakes to avoid

• Applying without demonstrating any specific knowledge of tax equity or preferred equity structures—this is not a generalist finance role.
• Ignoring the remote nature of the job and failing to show how you have successfully worked remotely before.
• Submitting a generic cover letter that does not mention Crux, its platform, or the clean energy tax credit space.
• Overemphasizing broad interest in sustainability without connecting it to the technical structuring work this role requires.