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Company Overview
Mainspring Energy is revolutionizing power generation with the world’s most flexible and adaptable onsite power generator, the Mainspring Linear Generator. Commercial, industrial, and utility leaders are choosing Mainspring over traditional options like engines, turbines, and fuel cells to quickly and reliably deliver local power for EV charging, commercial facilities, data centers, and grid-scale operations. The Mainspring Linear Generator is fuel flexible, ramps up and down to meet demand, and utilizes a flameless technology with near-zero NOx emissions.
Backed by top-tier investors such as Khosla Ventures, Bill Gates, American Electric Power, and Lightrock, Mainspring designs, manufactures and delivers its products to customers across the U.S. today, and we’re quickly scaling for international expansion.
Inspired by our vision of the affordable, reliable, net-zero carbon grid, Mainspring is rapidly expanding within the $816B global electricity equipment market, and we’re hiring the best talent to meet growing customer demand around the globe. We welcome a broad range of backgrounds, experiences, and talents to bring fresh perspectives and ongoing innovation to our customers.
We are looking to build relationships with people who share our values:
Pragmatic Optimism. Building a new category of world-class power generation requires the optimism of ambition and creativity, balanced with practicality to solve problems efficiently. The challenges that arise are opportunities for growth.
Excellence without Ego. We bring expertise and commitment to creating the best customer experience, from sales to deployment and service, just as we apply deep technical rigor to building and delivering world-class products. We strive for excellence and behave as leaders with the humility to acknowledge our challenges, both collectively and as individual contributors.
Proactive Collaboration. The integration and cross-disciplinary nature of Mainspring’s business requires intentionally seeking out others who bring different skills, perspectives, and priorities. Our culture of inclusion and respect extends beyond our team to interactions with our partners and customers.
More information can be found at www.mainspringenergy.com
Job Overview
A key enabler of Mainspring’s mission is the ability of its team to develop and execute on key growth strategies required to substantially grow sales as the economy electrifies. Critical to such growth is partnerships with Utilities, Municipalities, and Co-Ops. This includes developing the required strategies and executing high total-contract-value transactions with these customers. Mainspring seeks senior origination professionals (Senior Originator to Director Levels) to develop these critical partnership strategies on the east coast and execute on them. Multiple positions will be leveraged to cover the southeast through ISO-NE on the eastern side of the US.
Responsibilities
- Leverage the proper cross functional teams and perform the necessary research and analysis required to develop engagement strategies and business plans around high total contract value deals.
- Execute these strategies by:
- Networking with and engaging the applicable counterparty personnel
- Articulating and quantifying the value of Mainspring
- Fostering and cultivating strong relationships through the full deal cycle--collaboration, term sheet, contract negotiations, and close
- Employ lessons learned from research, strategy development, and partner engagement to enhance Mainspring product lines by collaborating with the product team
Qualifications
- At least 13 years of experience supporting and transacting complex deals in the energy space (e.g., build transfer agreements, PPAs, equipment sales, LTSAs, bilateral agreements for capacity/RA, large partnership/channel agreements, etc.)
- Direct experience transacting with utilities, munis, and co-ops
- Bachelor’s degree required; advanced degrees preferred (e.g., Masters, MBA, PhD, JD, etc.)
- Comprehensive understanding of the energy space and macroeconomic forces driving utilities (and their regulators), munis, and co-ops
- Demonstrated ability to assimilate market research into well-articulated strategy approved by investors, senior management, and other important stakeholder groups
- Demonstrated ability to execute on strategy by winning counterparty trust and fostering complex deals to close
- Comprehensive command of project finance concepts (IRR, NPV, pre-tax vs. after-tax, etc.)
- Driven to understand customer/partner underlying business drivers and capable of translating the same into strategy that informs execution
$191,000 - $225,000 a year
This position is remote. The salary will be adjusted to reflect local market conditions based on employee location as well as the experience of the employee. Along with the base salary, Mainspring offers bonus + pre-IPO stock options + benefits.
Does your experience not meet all of our posted requirements? Studies have shown that some people are less likely to apply to positions unless they meet every listed requirement. At Mainspring, we are committed to building a diverse, inclusive, flexible, and collaborative environment, so if you want to help us transition the world to clean and affordable electricity, and don’t meet all posted requirements for a particular role, we’d still love to hear from you. Mainspring can sometimes be flexible enough to shift responsibilities for the right person, or otherwise identify open or upcoming roles that may better fit your professional background.
In more traditional words, Mainspring Energy, Inc is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.
This compensation and benefits information is based on Mainspring Energy's estimate as of the date of publication and may be modified in the future. We generally do not negotiate on salary once we have made an offer. The level of pay within the range will depend on a variety of job-related factors that may include location, relevant prior experience and/or education, or particular skills and expertise. New hires joining the company tend to be paid within the starting base pay range noted above, with opportunities to increase pay over time based on development of additional skills, competencies, and company-specific knowledge.
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