Associate - Real Estate - Greenbacker Capital : Job Details

Greenbacker Renewable Energy Company is a nearly $4 billion AUM investment manager focused on the energy transition through three core strategies: infrastructure, private equity, and a newly launched real estate vertical. Since our founding in 2011, we have expanded to over 200 employees across offices in New York City, Portland, ME, Denver, CO, and Montpelier, VT.

Investment Strategies

+ Infrastructure: Our infrastructure strategy ( GREC I ) develops, owns, and operates approximately 425 renewable energy plants across 35 different states, representing 3.2 gigawatts of generation capacity.

+ Private Equity: Our private equity strategy ( GDEV ) is a leader in growth equity investments within the energy transition, managing a portfolio of roughly twenty portfolio companies.

+ Real Estate: Our newly launched real estate strategy ( GSR ) is led by two seasoned executives with a combined $40 billion of real estate private equity deal experience. GSR focuses on maximizing the value of grid interconnected real estate with access to outsized power. GSR seeks to acquire and develop properties capable of hosting digital infrastructure, renewable power, and fleet charging infrastructure assets. We are expanding this strategy to include a sustainability-focused real estate credit business in partnership with a to-be-announced leading institutional investor.

Real Estate Associate

We are seeking a Real Estate Associate to support both our real estate equity and debt strategies. This role offers the opportunity to be a key contributor in a collaborative team environment, working on impactful projects within our rapidly expanding real estate business. Below is a detailed job description outlining the role's responsibilities and qualifications.

Learn More

For more information about Greenbacker, our mission, and our expanding portfolio, please visit www.greenbackercapital.com.

Requirements

Responsibilities:

Financial Modeling and Due Diligence:

+ Develop and maintain complex financial models to evaluate potential investment opportunities.

+ Assist in conducting comprehensive due diligence on potential acquisitions, including financial, legal, and technical aspects.

Market Research and Analysis:

+ Conduct market research to identify and evaluate potential real estate investment opportunities, focusing on areas such as data center powered land pre-development, EV fleet charging infrastructure and land for distributed energy resources such as solar and battery energy storage.

+ Analyze market trends and regulatory developments that may impact our investment strategy and business operations.

Deal Sourcing and Pipeline Management:

+ Assist in sourcing new investment opportunities by networking with brokers, partners, and industry contacts.

+ Manage and maintain the deal pipeline, ensuring effective follow-up and coordination with internal stakeholders.

Presentation Support:

+ Prepare investment committee memoranda for internal review and external investor presentations.

+ Create materials to support capital raising efforts and investor due diligence.

New Business Development:

+ Assist in the development of the business plan, budget, and marketing materials for the real estate credit strategy.

+ Liaise with internal and external counterparties to prepare for the launch of this new investment vertical.

Collaboration with Other Teams:

+ Work collaboratively with other teams within the organization, including Greenbacker Renewable Energy Company (GREC) and Greenbacker Development Opportunities (GDEV), to support our collective goals and objectives.

Qualifications:

+ Bachelor's degree in finance, Real Estate, Business, or a related field.

+ Strong proficiency in financial modeling and analysis.

+ Minimum 4 years of direct real estate or infrastructure investment experience; candidates with relevant banking experience will also be considered.

+ Experience in power and/or digital infrastructure are a plus but not required

+ Excellent research and analytical skills with the ability to interpret market trends and regulatory changes.

+ Strong communication and presentation skills, with the ability to prepare and present investment committee memoranda.

+ Ability to work collaboratively in a dynamic, fast paced, team-oriented environment.

+ Passion for sustainability and commitment to promoting environmentally responsible investment practices.

+ Investment experience in both equity and debt is preferred but not required.

Benefits

+ Medical: 5 United Health Care Oxford options

+ Dental: Guardian - two options

+ Vision: Guardian / VSP - one option (100% employee paid)

+ Life and AD&D: Short term and long-term disability (both 100% employer paid)

+ Retirement/401(K): ADP/Voya with 50% match up to 6% of salary

+ Other: Medical and dependent care / Health Savings Accounts, Pre-tax commuter benefits through Optum

+ Time Off: 20 days paid time off, 7 sick days a year, 32 hours of VTO a year.

+ Mental Health: Modern Health: 24/7 access to Coaching and Therapy sessions for employees and dependents

+ Family Building: Coverage for infertility, adoption, surrogacy, and 16 weeks of family leave.

The annual salary range for this position is $125,000 - $150,000 per year.