Associate – Private Equity

Overview

About us:

Founded in 1990, LS Power is a premier development, investment, and operating company focused on the North American power and energy infrastructure sector, with leading platforms across generation, transmission and energy expansion solutions. Since inception, LS Power has developed or acquired over 50,000 MW of power generation, including utility-scale solar, wind, hydro, battery energy storage, and natural gas-fired facilities. Across its efforts, LS Power actively invests in and scales businesses that are meeting the growing needs of energy expansion, including electric vehicle charging, demand response, microgrids, renewable fuels and waste-to-energy. Cumulatively, LS Power has raised $89B in debt and equity capital to support North American Infrastructure.

We seek to solve complex energy problems that improve the world through our investment and development activities with an eye to identifying value-add opportunities that utilize our unique skill set to create asymmetric risk / reward propositions.

About the Role:

LS Power is seeking an Associate to join its Private Equity team based in our NYC office. In this role, you will have the opportunity to actively participate in the investment and portfolio management process for our private equity funds including identifying, diligencing, executing, managing, financing, and monetizing portfolio investments across our core investment verticals including conventional generation, renewable generation, distributed energy resources, renewable fuels and related platforms and businesses.

Responsibilities

Key responsibilities:

• Support execution of investment, financing, and monetization activities:
  • Building detailed financial models
  • Assisting with due diligence
  • Gathering and analyzing industry data
  • Assisting with transaction structuring
  • Compiling internal materials to inform investment decision-making
• Active involvement in the execution of various financing activities to support acquisitions, refinancings, and/or development through products including term loans, fixed rate notes, bonds, and tax equity.
• Develop presentation materials for various audiences such as investment committee memos, rating agency presentations and marketing materials.
• Inform internal views on new subsectors and technologies through fundamental economic modeling, market sizing, industry research, and company diligence.
• Work with LS Power subject matter teams across a wide range of disciplines, including energy marketing / trading, asset management, environmental, legal, tax, and accounting.
• Work with LS Power portfolio companies on key initiatives including financings, development, tack-on acquisitions, and monetization opportunities.

Qualifications

Qualifications:

• Bachelor’s degree or higher in finance, economics, business, engineering, or related field from an accredited college or university
• Have 3-4 years of experience in private equity, investment banking, or management consulting
• Exhibit strong leadership, presentation, and communication skills
• Are a self-starter with the ability to operate effectively with limited supervision in an entrepreneurial organization
• Have a strong work ethic and demonstrated ability to manage multiple projects simultaneously
• Are proficient in Excel, Word and PowerPoint with strong financial modelling capabilities 
• Have excellent quantitative and analytical skills and in-depth knowledge of corporate finance and accounting principles
• Experience across the full lifecycle of a transaction (i.e. screening, development of investment thesis, due diligence, negotiation of terms, closing) preferred
• Familiarity with US Power markets preferred

Compensation:

The salary for this role is $140,000 - $160,000. This is the range that we in good faith anticipate relying on when setting wages for this position. We may ultimately pay more or less than the posted range and this range is only applicable for jobs to be performed in New York City.  This salary range may also be modified in the future.

Benefits:

We provide our team the opportunity to share their unique perspectives, solve new challenges, and continue in their career growth. We are committed to supporting employees’ happiness, healthiness, and overall well-being by providing comprehensive benefits that include 100% employer paid premium healthcare, paid parental leave and more.

Our Purpose, Mission, & Values:

Our Purpose is to solve complex energy problems that improve the world

Our Mission is to make lives better by developing a cleaner and more reliable energy ecosystem

Our Values are the willingness to participate in and help strengthen our culture of integrity, Innovation, Teamwork, and Taking Ownership

Our People create value and are our Most Valuable asset.  We take our values of Integrity, Innovation, Teamwork and Taking Ownership seriously and ask candidates to think about how they can help us further enhance our culture with their specific skillsets, capabilities and experiences.