Associate of Infrastructure Finance

About Fluidstack

At Fluidstack, we’re building the infrastructure for abundant intelligence. We partner with top AI labs, governments, and enterprises - including Mistral, Poolside, Black Forest Labs, Meta, and more - to unlock compute at the speed of light.

We’re working with urgency to make AGI a reality. As such, our team is highly motivated and committed to delivering world-class infrastructure. We treat our customers’ outcomes as our own, taking pride in the systems we build and the trust we earn. If you’re motivated by purpose, obsessed with excellence, and ready to work very hard to accelerate the future of intelligence, join us in building what's next.

About the Role

As an Associate supporting Data Center & Power Infrastructure, you will contribute to FluidStack's infrastructure expansion through financial analysis, project coordination, and due diligence support. You should be detail-oriented, collaborative, and eager to develop expertise in infrastructure finance while working within a fast-paced, high-growth environment.

• Build and maintain financial models for data center and energy infrastructure projects by developing DCF analyses, calculating IRR and sensitivity scenarios, and ensuring model accuracy and functionality.

• Support due diligence processes for acquisitions and development opportunities by gathering and analyzing data, coordinating with external advisors, and preparing summary findings for senior team members.

• Assist in managing individual projects by tracking key milestones, monitoring budget performance, and maintaining project documentation throughout the development lifecycle.

• Coordinate with cross-functional teams including development, power diligence, and site selection by participating in working group meetings, gathering information for financial analyses, and communicating project status updates.

• Contribute to investment presentations and memos by preparing financial exhibits, summarizing key assumptions, and ensuring materials are accurate and presentation-ready for leadership review.

• Monitor portfolio performance by tracking actual results against projections, identifying variances, and preparing reports that highlight key trends and risks.

• Maintain organized project files and documentation by creating clear records of financial analyses, diligence findings, and key decisions to support institutional knowledge and audit readiness.

• Learn and apply infrastructure finance concepts by developing expertise in project finance structures, debt markets, and data center economics through hands-on project work and mentorship from senior team members.

Required Experience

• 2-3 years of experience in investment banking (infrastructure, real estate, or power coverage groups) or 1-2 years in private equity, infrastructure funds, or related buyside roles.

• Strong Excel and financial modeling skills with ability to build accurate DCF models, perform sensitivity analyses, and present financial information clearly.

• Solid understanding of project finance fundamentals and basic familiarity with debt markets and capital structures.

• Exposure to credit support structures and financial arrangements such as guarantees, off-take agreements, or similar mechanisms (comprehensive expertise not required).

• Demonstrated ability to work independently and manage multiple workstreams while maintaining attention to detail and meeting deadlines.

• Strong analytical and problem-solving skills with intellectual curiosity and willingness to learn new technical concepts.

• Excellent communication skills for collaborating with cross-functional teams and presenting information to senior colleagues.

Preferred Experience

• Prior exposure to data centers, power generation, renewable energy, or real estate development through transaction experience or portfolio work.

• Familiarity with power purchase agreements (PPAs), energy markets, or utility-scale infrastructure.

• Basic knowledge of data center economics including power density, capacity planning, and infrastructure requirements.

• Understanding of construction budgeting, development timelines, and project management principles.

• Experience contributing to closed transactions or project deployments from underwriting through execution.

• Exposure to structuring or analyzing multi-party contractual arrangements and complex commercial agreements.

Salary & Benefits

• Competitive total compensation package (salary + equity).

• Retirement or pension plan, in line with local norms.

• Health, dental, and vision insurance.

• Generous PTO policy, in line with local norms.

The base salary range for this position is $150,000 - $250,000 per year, depending on experience, skills, qualifications, and location. This range represents our good faith estimate of the compensation for this role at the time of posting. Total compensation may also include equity in the form of stock options.

We are committed to pay equity and transparency.

Fluidstack is an Equal Employment Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability and protected veterans’ status, or any other characteristic protected by law. Fluidstack will consider for employment qualified applicants with arrest and conviction records pursuant to applicable law.