--- title: 'Portfolio Manager at NineDot Energy' canonical: 'https://feeny.ai/job/portfolio-manager-ninedot-energy-brooklyn-jvgkrkpb87hm' type: 'job' last_seen: '2026-09-08' --- # Portfolio Manager at NineDot Energy - **Company:** NineDot Energy - **Location:** Brooklyn, NY - **Posted:** 2026-05-21 - **Last confirmed live:** 2026-09-08 - **Apply:** https://job-boards.greenhouse.io/ninedotholdingsinc/jobs/4698053005 ## Job description FLSA Classification: Exempt Salary Range: $150,000 - $170,000 plus bonus & stock options Location: Brooklyn, NY (Hybrid) About The Company: NineDot's name derives from the[classic mathematical puzzle](https://www.artofplay.com/blogs/articles/history-of-the-nine-dot-problem) for sparking out-of-the-box solutions. As a leading community-scale, clean energy developer with a growing portfolio of projects across a range of technologies, NineDot Energy is creating innovative energy solutions that support a more resilient electric grid, deliver economic savings, address environmental justice and reduce carbon emissions. We plan to develop, build and operate more than 400 MW of clean energy systems by 2026 that will strengthen the local power grid infrastructure and provide clean, reliable and resilient power to tens of thousands of New York households and businesses. This is all in support of New York State’s mission to achieve 100% clean energy by 2040. With the backing of Manulife Investment Management and The Carlyle Group - two of the world’s leading infrastructure investors - NineDot is continuing to expand its core battery energy storage pipeline, deliver enhanced products and services, explore new regions and consider potential acquisitions all to advance the decarbonization of New York’s grid. This is an exciting opportunity to build a platform from the ground-up with a world-class team of developers and innovators. Job Summary The Portfolio Manager will play a critical role within the Capital Markets team, overseeing ongoing compliance, reporting, and operational obligations across the Company’s portfolio of financed projects. This individual will act as a central point of ownership and coordination between internal teams (finance, development, construction, operations, legal) and external stakeholders (lenders, tax equity investors, insurers, and advisors) to ensure all financing and project-level requirements are met. This role is ideal for a detail-oriented finance professional who thrives at the intersection of capital markets, operations, and compliance in a fast-growing infrastructure platform. Responsibilities: Financing Compliance & Reporting - Lead compliance with all covenants, reporting obligations, and deliverables under corporate credit facilities, project-level debt, and tax equity agreements - Own the preparation and timely delivery of periodic reports (monthly, quarterly, annual), including financial statements, operating reports, compliance certificates, and investor updates - Track key dates, milestones, and obligations across all financing agreements - Partner with NineDot colleagues to gather required inputs from finance, development, construction, operations, and legal teams Construction Financing & Capital Deployment - Manage and execute draw requests under construction loan facilities, including lender coordination and documentation review - Oversee the process of adding new distributed energy projects into existing financing structures (construction debt and tax equity), including satisfaction of conditions precedent - Coordinate with internal company stakeholders to ensure readiness for funding milestones - Maintain detailed draw schedules and funding trackers Insurance Management & Compliance - Oversee the Company’s insurance program across the project portfolio and corporate level (property, liability, builder’s risk, etc.) - Ensure all insurance policies meet requirements under financing agreements and project contracts - Track renewals, certificates, and compliance deliverables - Identify coverage gaps and coordinate mitigation strategies Broker & Stakeholder Management - Serve as the primary internal point of contact and liaison with the Company’s insurance broker - Coordinate with lenders, tax equity investors, and third-party advisors on compliance, reporting, and operational matters - Support diligence requests, audits, and ad hoc information needs from financing counterparties Other duties as assigned Core Competencies: - Collaborates - Building partnerships and working collaboratively with others to meet shared objectives. - Drives Results - Constantly achieving results, even under tough circumstances. - Interpersonal Savvy - Relating openly and comfortably with diverse groups of people. - Manages Ambiguity - Operating effectively, even when things are not certain or the way forward is not clear. - Nimble Learning - Actively learning through experimentation when tackling new problems, using both success and failures as learning fodder - Plans and Aligns - Planning and prioritizing work to meet commitments aligned with organizational goals. - Tech Savvy - Anticipating and adopting innovations in business-building digital and technology applications. Required education and experience: - 5+ years of experience in project finance, asset management, or portfolio management within energy, infrastructure, or IPP platforms - Strong hands on experience with tax equity structures, construction financing, and project-level debt - Experience managing compliance and reporting under complex financing agreements - Understanding of insurance requirements for energy or infrastructure projects - Highly organized with strong attention to detail and ability to manage multiple deadlines - Excellent communication skills and ability to coordinate across internal and external stakeholders - Advanced Excel and financial modeling skills preferred Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions. At NineDot Energy, we believe diverse perspectives drive innovation and are the foundation of our success. As such, we do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, age, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law. If you're passionate about this role but don’t meet every qualification listed, we still encourage you to apply. You may be the right candidate for this or other opportunities with us. We’re committed to building a team that reflects a broad range of experiences, backgrounds, and skills. NineDot Employee benefits include but are not limited to: - Medical, dental and vision coverage - 5% employer match on your 401k retirement account - 20 paid vacation days off, plus 7 sick days, 9 federal holidays and 3 personal floating holidays - 12 weeks of 100% paid parental leave for both the primary and secondary caregiver within the first year of birth or adoption - Wellness initiatives including a $1,000 stipend - 16 volunteer hours plus two planned company-wide volunteer outings per year ## About NineDot Energy ## Company Overview - **One-liner**: NineDot Energy develops and operates community-scale battery energy storage systems (BESS) to make the New York City metro area’s power grid cleaner, more resilient, and more equitable. - **Entity Type**: Private (backed by institutional investors; total capital raised >$500M) - **Headquarters**: Brooklyn, New York, USA - **Founded**: 2015 - **Founders**: David Arfin, Adam Cohen, Nalin Kulatilaka ## Core Business - **Primary industry**: Clean energy – battery energy storage (BESS) - **Target customers**: B2B / grid-level – utilities (Con Edison), municipalities, commercial/industrial subscribers (e.g., Starbucks as anchor subscriber), and local communities - **Mission statement**: “To design and execute innovative solutions that leverage technology, policy, and markets to support a sustainable future.” **Vision**: Aspire to have a positive impact on the environment and society, supporting New York State’s goal of 100% clean energy by 2040. ## Products & Services - **Community-Scale Battery Energy Storage Systems (BESS)**: Grid-connected lithium-ion battery installations (often using Tesla Megapack) that store energy when abundant and dispatch it during peak demand, reducing reliance on fossil-fuel peaker plants. NineDot handles development, financing, construction, and long-term operation of these sites. Current portfolio includes 7 operating projects (26 MW) and 60+ projects in development or construction, targeting 400 MW by end of 2026. ## Market Standing - **Valuation**: Not publicly disclosed (private company) - **Key Metric**: Total capital raised exceeds $500 million, including a $431 million financing with Natixis (Feb 2026), a $225 million equity commitment from Manulife and Carlyle, and earlier debt facilities from NY Green Bank, CIT, SMBC, and SolaREIT. - **Notable Investors/Partners**: The Carlyle Group, Manulife Investment Management, Natixis, NY Green Bank (NYSERDA), CIT, SMBC, SolaREIT. Key grid partner: Con Edison. - **Growth Signals**: On track to meet/exceed 400 MW goal by end of 2026; 80+ employees and growing; named #5 on Crain’s New York Business 2023 Best Places to Work; first Tesla Megapack site in New York; multiple sites live in Bronx, Brooklyn, Queens, Staten Island. ## Competitive Advantages - **Largest & most experienced community-scale BESS developer in NYC metro area** – deep local expertise with approvals from Con Edison, FDNY, and NYC Department of Buildings. - **“Outside-the-box” innovation culture** – co-founders bring backgrounds from SolarCity (solar leasing), U.S. Department of Energy, and academic research, enabling creative solutions for urban energy challenges. - **Vertically integrated** – handles everything from site selection and community engagement to financing, construction, and operations. - **Strong financial backing** from blue-chip institutional investors provides capital for rapid scaling. ## Strategic Focus - **Scale pipeline**: Continue developing and constructing 400+ MW of community-scale battery storage across NYC, Westchester, and Long Island. - **Grid resilience & equity**: Deploy storage in underserved communities to reduce pollution from fossil-fuel peaker plants and improve grid reliability. - **Innovation**: Explore vehicle-to-grid (V2G) pilots and other distributed energy solutions. - **Support New York’s clean energy mandate**: Align with state goal of 100% clean electricity by 2040. ## Why Work Here - **Culture**: Values-driven (Excellence, Grit, Innovation, Learning, Respect, You). Inclusive environment recognized by NY-BEST Inclusive Energy Storage Workforce Award. Collaborative, “outside-the-box” thinking. - **Hybrid work**: Flexible combination of remote and office work (Brooklyn HQ). - **Benefits**: 20 paid vacation days + 3 floating holidays; 12 weeks 100% paid parental leave; comprehensive health insurance; 5% 401k company match; company-sponsored outings and team events. - **Growth**: Opportunity to work on meaningful climate impact projects in a rapidly scaling company. Transparent hiring process with meetings across talent team, manager, peers, and leadership. - **Recognition**: #5 on Crain’s 2023 Best Places to Work in NYC. ## Sources 1. [nine.energy](https://nine.energy/) – Company homepage 2. [nine.energy/about](https://nine.energy/about) – About page (history, mission, co-founders) 3. [nine.energy/about/work-with-us](https://nine.energy/about/work-with-us) – Careers page (benefits, culture, values) 4. [nine.energy/wp-content/uploads/NineDot-Energy-Overview-2026.pdf](https://nine.energy/wp-content/uploads/NineDot-Energy-Overview-2026.pdf) – Company overview PDF (pipeline, metrics) 5. 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