Associate, Acquisitions & Development

generate ministries; New York (NY); On-site; USD 140,000 - 160,000; Full time

Benefits offered by this job

Discretionary bonus

Health care benefits

Retirement benefits

Paid time off

Job summary

Generate Capital seeks an Associate, Acquisitions & Development, to drive diligence and execution for distributed energy asset acquisitions. You will model financials, manage cross-functional workstreams, and contribute to origination efforts with data center developers and hyperscalers.

The role requires 2–3 years in energy M&A or project finance, strong modeling, and the ability to operate autonomously in a fast-paced deal environment. Competitive compensation and benefits are offered.

Qualifications

• 2–3 years of experience in energy M&A, project finance, or related field.
• Hands-on underwriting of distributed energy assets (gas, solar, storage, etc.).
• Strong financial modeling across project finance and tax equity structures.
• Familiarity with C&I offtake, demand charge economics, and utility incentives.
• Experience coordinating across legal, technical, and financing workstreams through diligence and closing.

Responsibilities

• Lead financial analysis and diligence on acquisitions of energy assets.
• Own project- and portfolio-level financial models (IRR/yield, cash flows, scenarios).
• Coordinate across legal, technical, tax, and financing workstreams through LOI to close.
• Support structuring of tax equity, construction debt, and other project-finance instruments.
• Draft investment memoranda and IC presentations synthesizing commercial, financial, and risk considerations.
• Support origination efforts targeting data center developers, hyperscalers, and large power users.
• Prepare customer-facing materials, pitch decks, and tailored proposals.
• Research data center and hyperscaler landscape to identify prospects and priorities.
• Assist senior team with relationship development through analytical prep and meeting materials.
• Evaluate development assumptions and BTMs; monitor policy and market developments.
• Contribute to sector strategy and KPI reporting to inform acquisition criteria.

Skills

Financial modeling

IRR/yield analysis

Project finance

Acquisition diligence

CRM pipeline management

Job description

We are looking for a highly analytical, transaction-oriented individual with 2–3 years of experience in energy and infrastructure M&A, project finance, or a related field. The ideal candidate understands the nuances of acquiring, financing, and operating distributed and behind-the-meter energy assets, and is excited to also support commercial origination efforts targeting data center developers, hyperscalers, and other large power consumers. This person thrives in fast-moving deal environments, brings rigorous financial modeling skills, and can operate across origination, diligence, structuring, and closing workstreams with minimal oversight.

What you will be doing at Generate Capital as an Associate, Acquisitions & Development:

Acquisitions & M&A Execution

• Lead financial analysis and diligence on acquisitions of distributed energy and BTM assets, including natural gas generation, solar, storage, fuel cells, and related technologies

• Own project-level and portfolio-level financial models, including IRR/yield analysis, cash flow forecasting, scenario/sensitivity analysis, and return attribution

• Coordinate across legal, technical, tax, and financing workstreams to support transaction execution from LOI through closing

• Support structuring of tax equity, construction debt, back-leverage, and other project finance instruments

• Draft and contribute to investment memoranda and IC presentations, synthesizing commercial, financial, and risk considerations

Customer Origination Support

• Support origination efforts targeting data center developers, hyperscalers, and large power consumers by maintaining market maps, tracking active opportunities, and managing CRM pipeline documentation

• Prepare customer‑facing materials, pitch decks, and tailored proposals that articulate Generate’s energy solutions to sophisticated commercial counterparties

• Research and monitor the data center and hyperscaler landscape — including capacity expansion plans, power procurement strategies, and key decision‑makers — to identify and prioritize prospective customers

• Support senior team members in advancing customer relationships through analytical preparation, meeting materials, and follow‑up coordination

Development & Asset Underwriting

• Evaluate project-level development assumptions: site control, permitting status, interconnection, utility tariff structures, and customer credit

• Assess BTM revenue structures, including capacity payments, demand charge reduction, energy arbitrage, utility incentives, and C&I customer contracts

• Interface with Generate’s asset management and operations teams to ground acquisition underwriting in operational reality

Strategy & Portfolio

• Contribute to sector strategy work, including market sizing, competitive positioning, and capital deployment prioritization across BTM verticals

• Support portfolio monitoring and KPI reporting; identify trends across the existing asset base that inform acquisition criteria

• Stay current on policy, regulatory, and market developments affecting distributed energy economics

Candidate qualifications & core characteristics:

• 2–3 years of relevant experience in energy M&A, project finance, infrastructure private equity, or IPP/developer roles with direct exposure to transaction execution

• Hands‑on experience underwriting distributed and/or BTM energy assets — natural gas generation, solar, storage, fuel cells, or similar

• Deep financial modeling skills: project finance, tax equity structures, IRR/yield analysis, and portfolio aggregation models

• Familiarity with BTM commercial structures: C&I offtake, demand charge economics, utility incentive programs, and customer credit assessment

• Experience supporting or leading M&A diligence processes, including coordination across legal, technical, and financing workstreams

• Demonstrated passion for, or commitment to, the energy transition and Generate’s mission

• Strong written and verbal communication skills; ability to distill complex analyses into clear IC memos and executive presentations

• Comfortable operating autonomously in a dynamic, high‑velocity deal environment

• High intellectual curiosity and problem‑solving orientation; energized by ambiguity and novel asset types

• Collaborative leadership style with strong judgment under ambiguity

Generate’s compensation packages are dependent on the facts and circumstances of each case. Salary decisions take into account a wide variety of factors including, but not limited to: skill sets, experience and training, licensure and certifications, geographic location, and other business and organizational needs. A reasonable estimate of the base salary range for this role is $140,000 – $160,000. In addition, the compensation package may include a discretionary bonus and other benefits, including health care benefits, retirement benefits, benefits permitting paid days off (including sick leave, parental leave, and paid time off or vacation benefits), and other benefits that must be reported for federal tax purposes. It is not typical for an individual to be hired at the top of this range.

Generate Capital is an equal opportunity employer and does not discriminate against otherwise qualified applicants on the basis of actual or perceived race, color, creed, religion, ancestry, citizenship status, age, sex, marital status, sexual orientation, gender identity, national origin, disability or handicap, veteran status, or any other characteristic protected by applicable federal, state, or local laws.