Suron · 2 days ago
Associate
Suron is an institutionally backed high-growth data center platform founded by a team of industry veterans. They are seeking a Data Center Acquisitions Associate to underwrite, diligence, and close hyperscale development sites, focusing on financial modeling and transaction execution.
Responsibilities
Financial Modeling & Analysis
Build and maintain pro forma models for 100–300+ MW campuses
Run sensitivity analyses and complex waterfall structures (JV promotes, preferred equity, etc.)
Calculate internal rates of return (IRR) and equity multiples for ICA partners
Site Underwriting & Due Diligence
Evaluate power, fiber, land use, zoning, entitlements, and expansion potential
Coordinate LOIs, PSAs, and closing deliverables with brokers, utilities, and attorneys
Track permits, zoning hearings, civil consultants, and due diligence timelines
Utility & Interconnection
Negotiate interconnection, substation, and transformer agreements with providers (Oncor, Dominion, APS, SRP, etc.)
Manage RFPs and deliverables from architects, engineers, and GCs
Investment Materials
Prepare investment memos, pitch decks, and diligence binders for capital partners
Support JV structuring, partnership models, and draw schedules through closing
Qualification
Required
2–5 years experience in data center development, infrastructure acquisitions, and real estate experience
Direct experience underwriting powered land or hyperscale sites (300 MW+ campuses a plus)
Advanced Excel – must build waterfall structures from scratch and run sensitivities under tight deadlines
Track record of closed transactions (LOIs → PSAs → closing)
Preferred
Existing relationships in Dallas-area brokerage, utility, or municipal ecosystems
Based in Dallas (Open to relocation)
Company
Suron
Suron connects exceptional people with meaningful opportunities. We cut through the noise, build real relationships, and get results that matter.
Funding
Current Stage
Early StageCompany data provided by crunchbase