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.
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.
We Collaborate. We believe trust is given, not earned. We honor each other’s zone of genius and seek to challenge ideas, not each other. We listen to each other’s points of view and work hard to find the better solution. We are one team.
We Are Humble. We like hard work, but don’t make work hard. We know we have a lot to learn and never grandstand or take up all the space in the room. We are kind. We are welcoming. We are inspired by our mission to decarbonize the grid.
We Create the Future. We are curious. We go deep, search for the best idea, and then move fast. We always focus on the few things that matter most. We know there will be setbacks, so we show up every day ready to learn and be better, together.
We Show Up for Each Other. We keep each other fully informed. We seek to understand. We coach, we don’t blame. We share our points of view and seek to make each other better every day. We believe everyone creates culture in every moment, every day.
We Do Hard Things. We view challenges as opportunities. We are resilient. We are all owners, and we act like it. We understand change requires taking risks and we push ourselves and our partners. We do what is right as opposed to what might be best for any one of us.
Apply online at www.gridstor.com/careers
Requirements
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.
