Investments Associate

Responsibilities

• Lead the review of site acquisitions and development projects in support of Lightedge’s five-year plan to deliver 20MW of IT capacity per year across the portfolio
• Work with internal stakeholders and third parties to qualify and disqualify potential acquisitions and development projects
• Lead financial modeling and underwriting for land and asset acquisitions, greenfield development and in-place capacity expansions
• Build and maintain project-level and consolidated return models, including IRR, NPV and yield-on-cost, with sensitivity and scenario analysis on power, cost, timing and absorption
• Review and own project budgets from initial underwriting through construction completion, tracking committed spend, actuals and forecast-to-complete against approved capital
• Create investment memos for board approval of projects, including transaction summary, market analysis, underwriting assumptions, returns, key risks and mitigants
• Build and maintain relationships with brokers in target markets to generate a steady pipeline of site acquisition and development opportunities
• Support monthly and quarterly board reporting on the development pipeline, capital deployment and project performance versus underwriting
• Coordinate due diligence with engineering, facilities, sales, legal and third-party consultants
• Evaluate power availability and utility economics, land basis, entitlements, construction cost and incentive packages as inputs to site selection
• Research and report on data center market supply, absorption and comparable transactions to expand market knowledge and support pipeline development

Education And Experience

• Bachelor’s degree in Finance, Accounting, or equivalent is required
• 5+ years of experience in real estate or infrastructure investments, investment banking, private equity or corporate development
• Advanced financial modeling skills, including building project-level and consolidated models from scratch and applying IRR and ROI analysis
• Experience underwriting development or capital projects and owning capital budgets; data center, industrial or other capital-intensive real asset experience preferred

Ability to analyze and interpret property-level information

• Excellent written and verbal communication skills, with the ability to prepare board- and executive-level materials that present complex analysis clearly and concisely
• Strong analytical skills with exceptional attention to detail and accuracy
• Extensive experience in working with large data sets and financial modeling
• Ability to meet deadlines, handle multiple priorities and perform job responsibilities while working in a fast-paced and vibrant environment
• Self-starter attitude with strong interpersonal skills and teamwork ability

Extensive experience working with Microsoft Excel and PowerPoint

With over 20 years in business, LightEdge offers a full stack of best-in-class IT services delivering flexibility, security, and control. Our solutions include premier colocation across seven purpose-built data centers spanning Des Moines, IA, Kansas City, MO, Omaha, NE, Austin, TX, and Raleigh, NC, industry-leading private Infrastructure as a Service (IaaS) and cloud platforms, and the top global security and compliance measures. Our owned and operated facilities, integrated DR solutions, and premium compliant cloud choices make up a true Hybrid Cloud Solution Center. LightEdge annually undergoes third-party audits for ISO 20000-1, ISO 27001, HIPAA, PCI-DSS 3.2, and SSAE 18 SOC 1 Type II, SOC 2 Type II and SOC 3.