---
title: 'Associate, Investments at TransGrid Energy'
canonical: 'https://feeny.ai/job/associate-investments-transgrid-energy-irvine-89gp1p18f160'
type: 'job'
last_seen: '2026-10-30'
---

# Associate, Investments at TransGrid Energy

- **Company:** TransGrid Energy
- **Location:** Irvine, CA
- **Compensation:** $130k–$140k
- **Employment:** full-time
- **Work type:** onsite
- **Posted:** 2026-10-28
- **Last confirmed live:** 2026-10-30
- **Apply:** https://jobs.ashbyhq.com/transgrid-energy/c33a26e5-c27e-463f-917b-93dcb6dd4876

## Job description

## COMPANY OVERVIEW

TransGrid Energy is a renewable energy company focused on investing, developing, owning and operating utility-scale battery energy storage systems and PV projects. TransGrid has a robust pipeline of projects under construction and in late-stage development, and the Company is actively expanding its energy asset portfolio across the United States. As an affiliate company of Hanwha Group, a FORTUNE Global 500 company driven by a firm commitment to advancing the clean energy future, TransGrid Energy is striving to shape the renewable energy landscape by providing sustainable and reliable power solutions tailored to meet the energy needs of today and tomorrow.

## POSITION OVERVIEW

TransGrid Energy is seeking an analytically rigorous Associate, Investments to serve as a core analytical resource for the Company’s investment and transaction decisions. The candidate will build and own project- and platform-level financial models across TransGrid Energy’s utility-scale battery energy storage systems (BESS), solar PV assets, and data center opportunities, translating operating, commercial, market, technical, and transaction assumptions into defensible valuations, investment returns, transaction structures, and strategic recommendations. This is a high-visibility role with direct exposure to Investment Committee decision-making and the execution of acquisitions, divestitures, joint ventures, strategic equity investments, and asset monetization transactions. The ideal candidate combines advanced financial modeling capabilities with a strong understanding of valuation, transaction mechanics, and renewable energy project economics and is motivated by building durable modeling infrastructure rather than one-off analyses.

## RESPONSIBILITIES

- Build, own, and maintain project-level and portfolio-level financial models for utility-scale BESS, solar PV assets, and data centers across development, construction, financing, operations, and exit.
- Develop transaction models for acquisitions, divestitures, joint ventures, strategic equity investments, asset monetization, and other corporate development initiatives.
- Perform valuations using discounted cash flow (DCF), net asset value (NAV), precedent transactions, comparable companies or transactions, and other relevant methodologies.
- Develop asset-level revenue, cost, and cash flow forecasts incorporating contracted and merchant revenues, capacity and resource adequacy payments, tolling agreements, hedges, PPAs, capital expenditures, operating costs, augmentation, degradation, insurance, and applicable tax credit assumptions.
- Model common and preferred equity, minority and majority investments, staged capital contributions, milestone-based consideration, earn-outs, seller financing, and other structured payment arrangements.
- Build joint venture and investor return waterfall models incorporating ownership interests, capital contributions, preferred returns, IRR hurdles, distribution priorities, catch-up or promote structures, and exit or buyout provisions.
- Evaluate alternative acquisition and disposition structures, including asset sales, equity interest sales, partial sell-downs, portfolio transactions, and platform-level investments.
- Perform purchase price, sources and uses, investor return, cash flow accretion or dilution, break-even, downside, scenario, and sensitivity analyses to support transaction evaluation and negotiation.
- Support acquisitions, divestitures, joint ventures, strategic equity investments, and asset monetization transactions from initial evaluation through closing, including analysis of offers, term sheets, transaction structures, funding requirements, valuation, governance, risk allocation, and exit implications.
- Support transaction due diligence, Investment Committee materials, management presentations, buyer and investor Q&A, and transaction negotiations while coordinating with Legal, Tax, Accounting, Development, Project Finance, Engineering, and Asset Management to validate assumptions, evaluate transaction economics, and assess diligence findings.
- Design and automate scenario, sensitivity, and probabilistic analyses using Excel, VBA, Python, or other appropriate tools to quantify value drivers, risks, and transaction alternatives.
- Establish and maintain standardized model templates, centralized assumption libraries, version control, and documentation to ensure consistency, transparency, and auditability across the portfolio.
- Perform independent model reviews and integrity checks on internal and third-party models, maintaining clear model architecture and documentation so assumptions, calculations, and outputs can be readily reviewed.
- Monitor transaction pipelines and maintain portfolio-level views of expected proceeds, capital requirements, ownership interests, and transaction timing.
- Incorporate Project Finance assumptions into investment models and assess their impact on equity value, investor returns, transaction proceeds, and capital requirements.
- Support strategic analyses involving capital recycling, portfolio optimization, new market entry, policy and regulatory impacts, and other investment initiatives; perform other duties and special projects as assigned.

## REQUIRED QUALIFICATIONS

- Bachelor's degree in finance, accounting, economics, engineering, mathematics, or a related field.
- 3–5 years of experience in investment banking, infrastructure or private equity investing, corporate development, transaction advisory, valuation, or an energy investment platform.
- Demonstrated ability to build integrated transaction and valuation models from a blank workbook, including project cash flow forecasts, investment returns, transaction consideration, and scenario and sensitivity analyses.
- Strong understanding of valuation methodologies, including DCF, NAV, precedent transactions, comparable companies or transactions, and investor return analysis.
- Experience modeling acquisitions, divestitures, minority or majority investments, joint ventures, common or preferred equity, staged funding, contingent consideration, or other structured investment terms.
- Ability to interpret commercial terms in term sheets and transaction documents and translate them into accurate financial model mechanics, including capital contributions, distribution waterfalls, preferred returns, buyout rights, and exit provisions.
- Working knowledge of renewable energy project economics and project finance concepts, including how contracted and merchant revenues, operating costs, debt, tax credits, and financing assumptions affect equity value and investor returns.
- Advanced proficiency in Microsoft Excel and PowerPoint, including the ability to design transparent, flexible, and auditable financial models.
- Strong written and verbal communication skills, exceptional attention to detail, and the ability to explain model architecture, assumptions, valuation conclusions, and transaction trade-offs to technical and executive audiences while managing concurrent workstreams and transaction deadlines.

## WORK AUTHORIZATION

The ideal candidate for this role will have authorization to work in the US prior to joining TransGrid Energy LLC. The Company will not sponsor or offer assistance with the sponsorship for work authorization in the United States.

## DIVERSITY AND INCLUSION

TransGrid Energy believes that diversity and inclusion are vital to our success. We believe that by embracing different ideas and approaches, we enhance our ability to deliver the best results for our employees, our environment, and ultimately our business partners and customers. We foster a culture where all colleagues are able to share their passions and ideas in order that we may collectively embrace and overcome the challenges in our industry, and work toward a brighter future. TransGrid Energy is an Equal Opportunity / Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.

## About TransGrid Energy

## Company Overview
- **One-liner**: TransGrid Energy develops, owns, and operates utility-scale Battery Energy Storage Systems (BESS) and photovoltaic (PV) projects to advance the transition to a more sustainable and resilient energy grid.
- **Entity Type**: Private (Subsidiary of Hanwha FutureProof, part of Hanwha Group)
- **Headquarters**: Irvine, California, United States
- **Founded**: Not publicly available
- **Founders**: Not publicly available

## Core Business
- **Primary industry/industries**: Renewable Energy Power Generation, Utility-Scale Energy Storage, Solar Energy
- **Target customers**: Utilities, grid operators, and large-scale energy consumers (B2B, Enterprise)
- **Mission or purpose statement**: To shape sustainable energy solutions for a more resilient grid by investing in and operating assets across the USA that drive the shift toward a more sustainable future.

## Products & Services
- **Utility-Scale Battery Energy Storage Systems (BESS)**: Development, ownership, and operation of large-scale battery storage projects (e.g., Atlas VIII at 279MW/1,116MWh) that provide grid stability, reliability, and clean energy integration.
- **Photovoltaic (PV) Solar Projects**: Development, ownership, and operation of utility-scale solar generation assets (e.g., Silver Peak at 100MW PV).
- **Hybrid BESS/PV Projects**: Combined solar and battery storage facilities that deliver reliable, dispatchable clean energy.

## Market Standing
- **Valuation/Market Cap**: Not disclosed (private subsidiary)
- **Key Metric**: Total Funding of **$975 million** (as of March 2025), including a $270M round and $705M in debt financing. Portfolio boasts over **8.6 GWh in BESS capacity** and **538 MW in PV capacity** across projects in advanced development or under construction.
- **Notable Investors/Partners**: Hanwha Group (parent company, a Fortune Global 500 leader), Hanwha FutureProof, Microsoft (partnering on edge data centers and BESS deployment), Prime Group Holdings.
- **Growth Signals**: Headcount grew **+125% year-over-year** (from ~15 to 34 employees). Closed a **$1.2 billion financing** for the Atlas VIII project in January 2026. Multiple projects under construction with target commercial operation dates in 2026 and 2027.

## Competitive Advantages
- **Hanwha Group Backing**: As an affiliate of a Fortune Global 500 diversified conglomerate, TransGrid Energy has unparalleled access to capital, industry expertise, and a global network for rapid scaling.
- **Long-Term Ownership Model**: Unlike many developers that flip projects, TransGrid Energy commits to long-term ownership, optimizing each asset for longevity and enduring value.
- **Focus on Late-Stage Development**: Acquires projects nearing Notice to Proceed (NTP), mitigating development risks and accelerating time to revenue.
- **Proven Execution**: A team with over a century of cumulative experience in energy sector innovation, now focused on the U.S. renewable energy transition.

## Strategic Focus
- **Rapid Portfolio Expansion**: Scaling a multi-GW pipeline of BESS and PV projects across the U.S., with a near-term focus on bringing projects under construction (like Atlas VII and Atlas VIII) to commercial operation.
- **Grid Resilience & Reliability**: Prioritizing projects that strengthen grid stability and support the integration of intermittent renewable sources.
- **Strategic Partnerships**: Collaborating with major tech companies (Microsoft) and financial institutions to deploy innovative energy infrastructure solutions, such as co-located edge data centers and battery storage.

## Why Work Here
- **High-Growth Environment**: The company is in a rapid growth phase (+125% YoY headcount), offering significant opportunities for career advancement and impact in a fast-moving industry.
- **Entrepreneurial Culture**: Described as having an "entrepreneurial culture" within a stable, global parent company, combining startup agility with large-company resources.
- **Mission-Driven Work**: Employees contribute directly to the clean energy transition, working on projects that have a tangible impact on grid sustainability and resilience.
- **Comprehensive Benefits**: Includes medical, dental, and vision insurance; basic life and disability coverage; generous paid holidays, vacation, and sick leave; and a **401(k) with company match** (full vesting of both contributions and match).
- **DEI Commitment**: Diversity, equity, and inclusion are stated core values, with initiatives to foster a respectful, collaborative, and innovative workplace.
- **Work Policy**: Roles are listed as a mix of On-Site, Hybrid, and Remote, offering flexibility depending on the position.

## Sources
1. [transgridenergy.com](https://transgridenergy.com/)
2. [transgridenergy.com/careers](https://transgridenergy.com/careers/)
3. [transgridenergy.com/about-us](https://transgridenergy.com/about-us/)
4. [transgridenergy.com/our-projects](https://transgridenergy.com/our-projects/)
5. [linkedin.com/company/transgridenergy](https://www.linkedin.com/company/transgridenergy)

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