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