Associate or Associate Director, Investment & Acquisitions or Strategy

desri-careers; New York (NY); On-site; USD 100,000 - 160,000; Full time

Benefits offered by this job

Year-end bonus

Medical and prescription drug coverage

401(k) matching

Paid time off

Wellness reimbursement

Family building benefits

Charitable gift match program

Job summary

DESRI seeks talented associates or associate directors to work on strategy, analysis, market identification, M&A and financing transactions. Roles span Finance & Acquisitions and Strategy teams in a fast-paced, analytical environment.

Responsibilities include building financial models, evaluating project returns, and supporting due diligence and documentation for debt, tax equity, and opportunistic sales across existing and new projects.

Qualifications

• Undergraduate degree and at least two years of experience (Associate).
• Ability to build and interpret financial models, preferably in Excel.
• Strong communication and collaboration within a small team.
• Interest or experience in renewable energy or electricity markets is preferred.

Responsibilities

• Support market strategy development and origination decisions through data analysis and market research.
• Build and review financial models to support investment decisions and capital structure optimization.
• Lead due diligence and manage third-party deliverables through deal processes.
• Assist in negotiating documentation for debt, tax equity financings, acquisitions, and opportunistic sales.

Skills

Excel modeling

Strong communication

Team collaboration

Multitasking

Education

Bachelor's degree

Tools

Excel

Job description

About DESRI

DESRI (formerly D. E. Shaw Renewable Investments) is a market-leading owner and operator of renewable energy projects throughout the United States. We have acquired or developed approximately 13 gigawatts of contracted capacity across a portfolio of over 85 renewable energy projects in 24 states.

At DESRI, our culture is grounded in rigorous analytics and thoughtful risk-taking, with a strong emphasis on creativity, intellectual curiosity, and continuous improvement. We operate with lean teams that prioritize efficiency and minimize unnecessary bureaucracy, enabling individuals to take ownership and move quickly. We value open, constructive dialogue and believe it leads to better outcomes. Above all, we are driven to go the extra mile and support one another, fostering a collaborative environment built on accountability, integrity, and care.

About the role

DESRI (formerly D. E. Shaw Renewable Investments) seeks talented and highly motivated associates or associate directors (title and compensation commensurate with experience) to work on strategy, analysis, new market identification, M&A and financing transactions and support for all aspects of DESRI’s business. These positions are on both our Finance & Acquisitions as well as Strategy teams.

What you’ll do

Strategy Team

You’ll be tasked with supporting the development of DESRI’s market strategy and new project origination decisions by conducting power market research and tracking trends, in addition to supporting various data analysis tasks. This work could include performing comprehensive analyses of electricity market fundamentals in regions across the United States to identify attractive markets for renewable energy and energy storage, researching renewable energy demand opportunities with U.S. corporations and utilities, and conducting/maintaining routine and ad hoc competitive benchmarking and analysis. You’ll work closely with various DESRI teams to gather and disseminate strategic insights across the organization. This role will directly support and inform DESRI’s M&A and financial underwriting processes.

Investment & Acquisitions Team

You’ll be responsible for building and reviewing financial models to support management investment decisions, with a focus on modeling project returns, optimizing capital structure, identifying risks and potential upside, and presenting analytical findings in a clear and concise manner. Additionally, you’ll be responsible for leading due diligence and managing third-party deliverables through deal processes. You will also support transaction leads on negotiating definitive documentation for debt and tax equity financings, acquisitions, and opportunistic sales across both new projects and DESRI’s existing portfolio of projects in development, under construction, or in operation.

Qualifications

• Candidates should have an undergraduate degree and at least two years of experience (Associate), as well as modeling capabilities, preferably in Excel.
• A record of academic and professional achievement, well-developed communication skills, the ability to collaborate well with a small team, proven organizational acumen when working on multiple projects, and a high level of motivation are all vital to this role.
• A demonstrated interest in and experience with renewable energy projects and/or electricity markets in the United States is preferred.
• At DESRI, we consider a wide range of factors to determine your compensation. We rely on market indicators and consider your specific job family, background, location, skills, and experience. The expected annual base salary for this position is $100,000 - $160,000.
• Our compensation and benefits package includes variable compensation in the form of a year-end bonus, guaranteed in the first year of hire, and benefits including medical and prescription drug coverage, 401(k) contribution matching, paid time off, wellness reimbursement, family building benefits, and a charitable gift match program.