Senior Manager - Structuring and Origination
What we are looking for
Equilibrium is reimagining how power flows through the grid. We’re building a more flexible, intelligent, and decarbonized power system—starting with energy storage. Our platform combines deep market expertise, advanced analytics, and modern software to unlock the full value of flexibility in power markets. We’re a fast-moving, mission-driven team with a strong commercial focus and a shared belief that accelerating the energy transition requires both agility and precision.
We’re looking for a Senior Manager, Structuring and Origination to lead the origination, structuring, and execution of BESS tolling agreements and renewable energy PPAs as Equilibrium expands its structured power portfolio. To date, Equilibrium, with its investment partners, has entered into structured transactions for 380 MWh of utility-scale storage and 190 MW of utility-scale solar. In the near-term, Equilibrium is focused on ERCOT, CAISO, and PJM, and you will play a critical role in driving commercial strategy and building long-term value in each region.
This role is ideal for someone who combines market fluency with execution focus—comfortable negotiating complex transactions while helping shape our broader portfolio strategy across both structured and merchant exposures.
What you will do
Lead origination, structuring, and negotiation of BESS tolling agreements and renewable PPAs in ERCOT, CAISO, and PJM, with a focus on innovative, risk-adjusted offtake structures
Collaborate with Portfolio Management and Trading to align commercial strategy with forward market views, asset optimization, and risk/return objectives
Source and evaluate new counterparties including utilities, corporates, retailers, and aggregators; convert leads into executed long-term agreements
Structure and price complex products that support project finance-ability while enhancing portfolio optionality
Serve as a regional commercial expert, bringing insights into local market design, regulatory changes, and counterparty dynamics
Work cross-functionally with Legal, Product, and Data Science to streamline and scale the execution of commercial contracts
The minimum qualifications you’ll need
BA/BS degree
6+ years of experience in energy markets, with a proven track record in origination, trading, or structuring in ERCOT, CAISO, or PJM
Demonstrated experience closing structured transactions such as BESS tolling agreements, renewable PPAs, or energy hedges
Deep knowledge of ISO/RTO market mechanics, congestion and basis risk, capacity markets, and real-time operations
Strong commercial acumen with the ability to align market opportunity with company strategy
Excellent communication, deal management, and negotiation skills
Entrepreneurial mindset with a bias for action—comfortable operating in a dynamic, fast-paced environment
Preference for candidates based in or willing to relocate to Boston or San Francisco for hybrid work
Senior Manager - Structuring and Origination
What we are looking for
Equilibrium is reimagining how power flows through the grid. We’re building a more flexible, intelligent, and decarbonized power system—starting with energy storage. Our platform combines deep market expertise, advanced analytics, and modern software to unlock the full value of flexibility in power markets. We’re a fast-moving, mission-driven team with a strong commercial focus and a shared belief that accelerating the energy transition requires both agility and precision.
We’re looking for a Senior Manager, Structuring and Origination to lead the origination, structuring, and execution of BESS tolling agreements and renewable energy PPAs as Equilibrium expands its structured power portfolio. To date, Equilibrium, with its investment partners, has entered into structured transactions for 380 MWh of utility-scale storage and 190 MW of utility-scale solar. In the near-term, Equilibrium is focused on ERCOT, CAISO, and PJM, and you will play a critical role in driving commercial strategy and building long-term value in each region.
This role is ideal for someone who combines market fluency with execution focus—comfortable negotiating complex transactions while helping shape our broader portfolio strategy across both structured and merchant exposures.
What you will do
Lead origination, structuring, and negotiation of BESS tolling agreements and renewable PPAs in ERCOT, CAISO, and PJM, with a focus on innovative, risk-adjusted offtake structures
Collaborate with Portfolio Management and Trading to align commercial strategy with forward market views, asset optimization, and risk/return objectives
Source and evaluate new counterparties including utilities, corporates, retailers, and aggregators; convert leads into executed long-term agreements
Structure and price complex products that support project finance-ability while enhancing portfolio optionality
Serve as a regional commercial expert, bringing insights into local market design, regulatory changes, and counterparty dynamics
Work cross-functionally with Legal, Product, and Data Science to streamline and scale the execution of commercial contracts
The minimum qualifications you’ll need
BA/BS degree
6+ years of experience in energy markets, with a proven track record in origination, trading, or structuring in ERCOT, CAISO, or PJM
Demonstrated experience closing structured transactions such as BESS tolling agreements, renewable PPAs, or energy hedges
Deep knowledge of ISO/RTO market mechanics, congestion and basis risk, capacity markets, and real-time operations
Strong commercial acumen with the ability to align market opportunity with company strategy
Excellent communication, deal management, and negotiation skills
Entrepreneurial mindset with a bias for action—comfortable operating in a dynamic, fast-paced environment
Preference for candidates based in or willing to relocate to Boston or San Francisco for hybrid work