Investment Associate

GridStor; United States; Hybrid; USD 80,000 - 120,000; Full time

Benefits offered by this job

Unlimited paid time off

401(k) plan with company match

Comprehensive benefits package

Job summary

GridStor is seeking an experienced Investment Associate to support sourcing, evaluating, and structuring investments in energy storage assets. Located in Portland, Denver, or LA, the ideal candidate will have minimum 4 years of experience in project finance or investment banking. Responsibilities include maintaining financial models, managing due diligence, and preparing investment presentations. Competitive compensation includes base salary, bonuses, and comprehensive benefits like medical and 401(k) matching.

Qualifications

• Minimum of 4 years in project finance or investment banking.
• Strong understanding of project finance debt and tax equity structures.
• Capable of managing multiple tasks in a fast-paced environment.

Responsibilities

• Own and maintain financial model for investment opportunities.
• Manage the due diligence process during financings.
• Prepare presentations and investment memoranda for the Investment Committee.

Skills

Strong analytics and financial modeling skills

Excellent verbal and written communication skills

Exceptional organizational abilities

Entrepreneurial mindset

Education

Bachelor's degree in quantitative field

Masters or PhD preferred

Tools

Microsoft Office

Excel

Job description

Company Overview

GridStor develops, constructs, and operates battery energy storage projects that improve grid reliability and power economic growth across North America. Backed by Goldman Sachs Asset Management, GridStor today manages a pipeline of over 3 GW of battery storage projects in later-stage development, active construction, and commercial operations. We work as one team, share learnings across functions, and outperform in how we deliver, optimize, and operate. Our reliability earns trust with customers, partners, and investors—and sets us apart.

GridStor is headquartered in Portland, Oregon, with regional offices in Denver, Colorado and Los Angeles, California. We offer competitive compensation and a wide selection of benefits, including unlimited paid time off. Read more about life at GridStor at: https://gridstor.com/careers/

Role Summary

GridStor is looking for an experienced Investment Associate to join our growing team. This role will work closely with senior deal team members to source, evaluate and structure potential investments in energy storage assets. The investment associate will enable the rapid growth of a profitable, entrepreneurial energy storage business by sourcing proprietary project pipelines and negotiating the terms for acquisition. The scope of this role includes significant responsibility across the full deal lifecycle, and exposure to high‑profile transactions within a growing, entrepreneurial business.

Key Responsibilities

• Own and maintain financial model for investment opportunities and project financings,
• Implement improvements to the financial model on an ongoing basis in line with changing capital markets.
• Manage the due diligence process and third‑party consultant reports preparation during financings.
• Assist with development of company standards of quantitative and qualitative analyses to support investment decisions and new market opportunities.
• Prepare presentations and investment memoranda for the Investment Committee.
• Support deal execution and take an active role in monitoring of portfolio of development and operating assets.
• Work with existing financing parties to ensure accurate tracking of the projects’ financial performance.

Qualifications & Competencies

• Education: Bachelor's degree in computer science, data science, engineering, or other quantitative field, with a Masters or PhD preferred.
• Experience: A minimum of 4 years of prior work experience in project finance, investment banking or buy‑side role, within the financial services or the energy industry.
• Strong analytics and financial modeling skills including DCF analysis and direct experience with project finance modeling.
• Understanding of project finance debt and tax equity structures a plus.
• Location & Availability: Based in Portland, OR, Denver, CO or LA, CA and available to work a hybrid schedule. Flexibility is required for occasional coordination outside of standard business hours in urgent situations.
• Organizational Skills: Exceptional organizational abilities with keen attention to detail. Capable of managing multiple tasks and projects simultaneously in a fast‑paced environment and seeing delegated projects through to completion.
• Adaptability: Entrepreneurial mindset, ability to be agile and flexible, readily taking on tasks outside the typical scope of the role as needed.
• Confidentiality: Proven ability to handle highly confidential information with utmost discretion.
• Integrity & Judgment: Strong track record of excellent judgment and integrity in previous roles.
• Technical Proficiency: Demonstrated proficiency in the Microsoft Office suite, TEAMS, and advanced skills in Excel.
• Communication Skills: Excellent verbal and written communication skills.
• Problem‑Solving: Adaptable, with the ability to prioritize tasks effectively and approach challenges with a creative, proactive mindset.
• Team Orientation: Highly motivated to support and collaborate with team members, contributing to collective success.

Compensation and Benefits

GridStor offers an attractive Total Rewards package, including:

• Competitive base salaries commensurate with experience with an annual cash bonus (based on Company and individual performance).
• Generous paid leave.
• Employee participation in Long Term Incentive Plan.
• Comprehensive benefits package including medical, dental, vision, life, and disability insurance, including coverage for domestic partners and eligible domestic partner children.
• HSA/FSA for participating employees.
• 401(k) plan with company match and immediate vesting.
• Continuing education and professional development.
• Cellphone reimbursement, hybrid work environment, healthy snacks, volunteer opportunities, company outings, and more.

Company Operating Principles

GridStor’s Operating Principles represent who we are, how we work, and what we believe.