Principal, Acquisitions

generate ministries; New York (NY); On-site; USD 250,000 - 275,000; Full time

Benefits offered by this job

Discretionary bonus

Healthcare benefits

Retirement benefits

Paid time off

Other benefits

Job summary

Generate Capital in New York seeks a Principal, Acquisitions to lead originations and underwriting for energy infrastructure investments powering data centers and large loads, including behind-the-meter solutions and renewables integration.

You will own investment execution from diligence through closing, develop market perspectives, and scale the data center energy platform while building long-term relationships with customers, lenders and partners.

Qualifications

• Minimum 9-10 years of relevant investment experience in energy, renewables and / or digital infrastructure sectors with reputable corporates, developers, private equity or infrastructure funds.
• Deep understanding of power and/or digital infrastructure markets, technologies and investment risk profiles – including power markets across ISOs; renewable, conventional and behind-the-meter power generation technologies; data center markets, including data center developer and underlying customer markets and objectives.
• Knowledge and track record of underwriting and structuring several types of investment, including project/sponsor equity, mezzanine debt, corporate equity, senior debt, tax equity, etc.

Responsibilities

• Originating energy infrastructure investment opportunities focused on powering data centers and new large loads, including behind-the-meter baseload solutions and pairing of renewables / BESS with customer load
• Owning underwriting and investment execution for large load customer energy assets, including both third-party and Generate-developed opportunities, from initial diligence through investment committee and closing
• Developing a differentiated market perspective by conducting market research to identify best-in-class energy developers and large load customers across priority geographies
• Helping scale Generate’s in-house data center energy platform, working cross-functionally to translate large load customer energy needs into repeatable, investable infrastructure solutions
• Building comprehensive coverage of large-load and data center customers as long-term off-takers, developing deep insight into their operational, commercial and credit profiles to support customer-specific credit underwriting and inform investment strategy and origination

Skills

Investment experience

Power/digital infra knowledge

Executive presence

Underwriting & structuring

Job description

You are an entrepreneurial and driven investor with impeccable values, standard-setting empathy and a high-speed mental clock; and you have consistently demonstrated that you are dedicated to making everyone around you better every day. You are committed to finding, structuring and closing the best energy investments that deliver power to large load customers including data centers. You are passionate about partnering with leading companies and other professionals to prove that sustainability can achieve market-leading returns, and your good judgment has been a key to your successes.

What you will be doing at Generate Capital as a Principal, Acquisitions:

• Originating energy infrastructure investment opportunities focused on powering data centers and new large loads, including behind-the-meter baseload solutions and pairing of renewables / BESS with customer load
• Owning underwriting and investment execution for large load customer energy assets, including both third-party and Generate-developed opportunities, from initial diligence through investment committee and closing
• Developing a differentiated market perspective by conducting market research to identify best-in-class energy developers and large load customers across priority geographies
• Helping scale Generate’s in-house data center energy platform, working cross-functionally to translate large load customer energy needs into repeatable, investable infrastructure solutions
• Building comprehensive coverage of large-load and data center customers as long-term offtakers, developing deep insight into their operational, commercial and credit profiles to support customer-specific credit underwriting and inform investment strategy and origination

Candidate qualifications & core characteristics:

Investment Leadership

• A demonstrated passion for, or commitment to, our mission
• Minimum 9-10 years of relevant investment experience in energy, renewables and / or digital infrastructure sectors with reputable corporates, developers, private equity or infrastructure funds
• Deep understanding of power and/or digital infrastructure markets, technologies and investment risk profiles – including power markets across ISOs; renewable, conventional and behind-the-meter power generation technologies; data center markets, including data center developer and underlying customer markets and objectives
• Strong executive presence with an ability to build trusted relationships with partners, customers, lenders, service providers and investors
• A history of measurable achievements (i.e., track record) as an investor in the power and/or digital sectors including an ability to generate new investment ideas to produce attractive risk-adjusted returns
• Knowledge and track record of underwriting and structuring several types of investment, including project/sponsor equity, mezzanine debt, corporate equity, senior debt, tax equity, etc.

Strategy and Executive Team Collaboration

• Comfort with corporate strategy analysis frameworks and data-driven decision-making
• Proven ability to work within a multifunctional organization that includes investment teams, asset management, legal, human capital, and finance.
• Ability to nimbly move between widely varying functions—analytical to creative; strategy to execution
• Ability to adjust quickly to evolving technology and market circumstances and comfort with the inevitable uncertainties involved in leading an investment team in a pioneering, entrepreneurial firm
• Deft communicator: listening, empathizing and communicating well with a range of audience types, especially customers and partners and navigating difficult, sometimes acrimonious situations to reach win-win solutions and deep, long-term business relationships

Personal Attributes

• Established professional relationships in the power/digital infrastructure sectors and proven track record in originating successful investment opportunities
• Demonstrated ability to guide, mentor and oversee junior team members, including review of financial models and investment documentation
• Ability to lead, inspire, and earn trust from others; deliver success, growth, and difficult change when necessary
• Strong quantitative/ analytical skills, knowledge of financial modelling and projection
• Unimpeachable integrity and glowing references
• Outstanding communication and interpersonal skills, including empathy, intuition, and listening as well as strong writing, editing, and basic design skills
• High level of self-awareness and humility, with excitement about confronting uncomfortable situations or new challenges
• Intellectual agility, curiosity, and creativity; problem-solving is your default mode
• Entrepreneurial spirit: flexibility, comfort with risk, recognition that \"perfect can be the enemy of the good\"

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 $250,000 - $275,000.

• discretionary bonus
• health care benefits
• retirement benefits
• benefits permitting paid days off (including sick leave, parental leave, and paid time off or vacation benefits)
• other benefits that must be reported for federal tax purposes

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.