Associate-Capital Markets

Primary purpose:

The Associate plays a central role in project finance execution, capital formation, commercial structuring, and underwriting of major growth investments. This role is designed for candidates with a private equity associate-level skillset who are seeking greater ownership, autonomy, and direct exposure to real assets, while maintaining institutional rigor and sponsor visibility.

The role reports directly to a Vice President and works closely with senior management, the private equity sponsor, lenders, and external advisors.

Essential duties and responsibilities

• Project Finance & Capital Formation

• Lead analytical workstreams for the structuring and execution of construction and term financings for large-scale energy infrastructure projects, including bank debt, private placements, structured equity, and sponsor capital

• Develop and evaluate optimal capital structures, debt sizing frameworks, covenant profiles, and return metrics across greenfield and brownfield investments

• Serve as day-to-day finance lead on select transactions, coordinating across internal teams and external advisors (banks, legal counsel, independent engineers)

• Support lender diligence processes, manage data requests, and assist in negotiation of key financing terms

• Financial Modeling & Investment Underwriting

• Own the development and maintenance of complex, institutional-quality project finance models, including construction draws, operating projections, debt sizing, and return analysis

• Perform scenario and sensitivity analyses to evaluate downside protections, capital structure resilience, and sponsor return outcomes

• Review and refine financial analyses prepared by junior team members and external advisors

• Translate commercial and contractual terms into clear financial impacts to inform investment decisions

• Strategic Finance & Commercial Support

• Provide financial leadership and support in commercial negotiations, including offtake agreements, tolling arrangements, and EPC contracts

• Evaluate contractual risk allocation and economic tradeoffs in coordination with legal and commercial teams

• Contribute to corporate-level strategic initiatives, portfolio optimization, and capital allocation decisions

• Board, Sponsor & Investor Engagement

• Prepare board-level materials, investment memoranda, and strategic analyses for senior management and the private equity sponsor

• Support presentations and diligence processes for lenders, investors, and rating agencies

• Provide independent analytical recommendations to senior leadership regarding investment, financing, and risk management decisions

Minimum requirements:

Education:

• Bachelor of Science in Business, Accounting, Finance, Economics, or related field.

Experience/Specific Knowledge:

• 2-5 years of relevant experience in:

• Project finance or infrastructure investment banking

• Infrastructure / energy private equity

• Corporate development or strategic finance within energy infrastructure

• Demonstrated involvement in closed transactions, including direct exposure to construction financing

• Experience with midstream, gas-fired power generation, or CO / CCUS infrastructure strongly preferred

Certifications, Licenses & Registrations:

• Must possess and maintain a valid driver's license and a driving record satisfactory to the company and its insurers (for travel).

Competencies, Skills & Abilities:

• Advanced financial modeling skills with demonstrated ability to independently own complex analyses end-to-end
• Strong understanding of project finance structures, capital markets execution, and contractual risk allocation
• Polished, detail-oriented, and analytical, with a private equity mindset
• Comfortable operating in a lean, high-accountability environment with direct senior and sponsor exposure
• Proficiency in MS Office applications that may include but are not limited to Excel, Word, SharePoint, PowerPoint, and Outlook
• Ability to manage multiple priorities and meet deadlines
• Excellent communication and interpersonal skills
• High level of integrity, confidentiality, and professionalism
• Must be able to work with a team, take direction from management, adhere to required work schedules, and follow company policies

Physical Demands:

All the physical requirements listed below are those that may be necessary for an employee to successfully perform the essential function of this job. Reasonable accommodations may be made for individuals with disabilities to perform the essential functions.

• Must be able to sit for prolonged periods of time.
• The employee is regularly required to use hands to type, touch, handle, or feel. The employee is required to talk and hear. The employee is frequently required to stand and reach with hands and arms. The employee is occasionally required to walk and climb or balance. The employee must regularly lift and /or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.

Working Conditions:

• Will work non-traditional hours as needed.
• May be required to carry a cell phone and be available to respond during working and non-working hours.
• Candidates will be required to clear a drug screen and complete a background check, including a credit report for certain positions after an offer has been extended and prior to being employed.

Supervisory Responsibility:

• Yes