Manager, Energy Infrastructure Finance; Investments & Project Finance

Manager, Energy Infrastructure Finance (Investments & Project Finance)

Centerstream is a Greystar-backed district energy platform focused on developing, acquiring, owning, and operating distributed energy and thermal utility infrastructure across the U.S., including district cooling, district heating/steam, and central plant systems serving campuses, cities, and large mixed-use developments. We partner with universities, municipalities, and institutional owners to deliver reliable, efficient, and increasingly low‑carbon energy services, often through public‑private partnership (P3) structures.

We operate with an owner‑operator mindset: we underwrite projects rigorously, finance them thoughtfully, build them to perform, and run them for decades. Headquartered in Lexington, KY, we work nationally with a team where individuals have real responsibility and visibility.

We’re hiring a 5–10 year finance professional from the infrastructure equity/developer‑side (or adjacent investing/advisory background) who can own underwriting and structuring of energy infrastructure opportunities. You will build and manage project finance and investment models, evaluate risk/reward, support partnership and financing structures, and drive diligence through closing.

• Lead financial modeling and underwriting for new‑build and acquisition opportunities (project cash flows, sources & uses, returns, sensitivities, downside cases).
• Translate commercial and technical assumptions (capex/opex, load/revenue forecasts, schedule, availability/efficiency drivers, escalation) into financeable cases.
• Evaluate and structure equity investments and partnerships (JVs, development agreements, preferred equity, incentive structures where applicable).
• Support financing strategy and execution across construction debt, term debt, private credit, and (as relevant) tax‑oriented structures.
• Prepare investment committee materials: concise memos, risk matrices, recommended terms, and key diligence findings.
• Coordinate diligence with internal stakeholders and external advisors (engineering, insurance, tax, legal, market consultants).
• Support negotiation of term sheets and key deal documents (commercial inputs, EPC/O&M structures, offtake concepts).
• Build repeatable templates for pipeline screening, portfolio reporting, and post‑close performance tracking.

• 5–10 years in one or more of: infrastructure investing (equity), energy developer finance, infrastructure/private equity, energy transition investing, project finance advisory, or project finance banking (with an owner‑side orientation).
• Strong capability to build models from scratch (Excel) and explain them clearly to non‑finance teammates.
• Fluency with infrastructure return/risk concepts (IRR, MOIC, DSCR/cash coverage, scenario analysis, risk allocation).
• Strong communication skills—able to produce board/IC‑ready materials and defend assumptions.
• High ownership: you drive work streams, manage timelines, and keep counter parties aligned.

• Familiarity with key project contracts and risk allocation (EPC structures, LD concepts, O&M terms, offtake frameworks).
• Experience coordinating multi‑party closings and managing external advisors.

• Base salary:
  Dependent on experience.
• Annual cash bonus:
  Performance‑based.
• Incentive equity ownership:
  Eligible to participate in Centerstream’s incentive equity program (e.g., profits interest/incentive units or similar), aligned to long‑term platform and project performance and subject to plan terms and vesting.

• Mid‑Senior level

• Full‑time

• Management and Manufacturing
• Utilities