Growth & Development Analyst (Data Centers)

• Galaxy’s data center business is growing rapidly, and we are seeking an Analyst to join our Growth & Development team
• The team sits at the center of all things commercial within Galaxy’s data center business and is responsible for site origination, leasing, market research, and corporate development
• You will work directly with senior leaders on high-impact transactions and will be expected to operate with significant ownership and judgment from day one
• Identify and evaluate data center development opportunities across target markets, coordinating with power and land teams to assess power availability, fiber infrastructure, and permitting timelines
• Conduct site selection analyses incorporating energy access, cooling infrastructure, geotechnical and environmental considerations, and zoning requirements
• Build and maintain a pipeline of development opportunities, tracking key milestones and market dynamics
• Create and manage database of existing and previous site opportunities
• Develop relationships with brokers, landowners, utilities, municipalities, and regional development authorities to source off-market opportunities
• Monitor industry trends, competitive dynamics, and market developments across the data center and power ecosystems
• Analyze hyperscaler demand signals, colocation market supply/demand dynamics, and power infrastructure constraints to inform site prioritization and investment thesis
• Leverage AI tools to improve efficiency, analytical quality, and decision-making speed
• Manage database of all relevant data center transactions and report market insights regularly to executive team
• Build and maintain financial models across the full project lifecycle, from greenfield feasibility through stabilized operations and exit, incorporating project-level debt, joint venture waterfalls, and return metrics (IRR, MOIC, NPV)
• Underwrite customer contracts, conducting deep-dive revenue, cost, and return analysis at the asset level
• Evaluate capitalization structures utilizing conventional and alternative financing sources, including construction lending, sale-leasebacks, preferred equity, and infrastructure fund capital
• Analyze power purchase agreements, interconnection agreements, development services agreements, and ground leases, with attention to key economic terms and risk allocation
• Support end-to-end transaction processes including financial modeling, valuation, due diligence coordination, deal structuring, and closing logistics
• Prepare investment memos, feasibility studies, and executive-level presentations for senior leadership and Investment Committee review
• Coordinate third-party diligence workflows across legal, environmental, engineering, and title workstreams
• Assist in preparing offering memoranda, data room materials, and investor outreach packages to support capital raising efforts
• Manage RFP processes for general contractors, engineers, and other vendors

Benefits

• Equity Exposure for All Employees - Through broad and meaningful equity participation, we desire to have our employees work collaboratively and act as long-term shareholders
• 401(k) Contributions- Galaxy offers a 401(k) retirement savings plan with a 3% employer contribution and access to both Traditional and Roth options (US-only)
• Flexible Time Off and Parental Leave - You decide how many paid vacation and personal days off you want. Paid Parental Leave is available to give new parents the opportunity to care for and bond with their new child
• Full Paid Health Benefits - Company-paid health insurance for employees, partners, and other dependents, effective as of your start date
• Perks at Work - Galaxy provides various crypto education opportunities, a free Peloton membership with insurance, after-hours car service reimbursements, and more
• Employee Assistance Program - Confidential, 24/7 access to mental healthcare with a licensed therapist or psychiatrist. Benefits include 8 free video sessions per person, per year, for employees and any of their dependents age 18+

The ideal candidate brings strong financial modeling skills combined with exposure to at least one of the following verticals: real estate development, data center markets, infrastructure finance, or power developmentExperience or ability to analyze and interpret real estate and infrastructure documents: LOIs, PPAs, DSAs, development agreements, operating agreements, and due diligence reports2+ years of experience in one or more of the following: real estate development or acquisitions, infrastructure finance, data centers, investment banking (real assets/infrastructure/utilities coverage), private equity, or power and utilitiesProficiency in using AI to build custom tools and accelerate workstreamsStrong financial modeling skillsBachelor’s degree in Finance, Real Estate, Economics, Engineering, or a related quantitative fieldAbility to manage multiple active workstreams simultaneously with strong ownership, judgment, and execution habitsProficiency in Microsoft Excel and PowerPoint; comfort with large datasets and analytical toolsClear, concise written and verbal communication skills; capable of preparing executive-ready materials and presenting to senior leadershipDirect exposure to data center site acquisition, development, or hyperscale/colocation leasingFamiliarity with power markets and grid interconnection processes, including ERCOT, MISO, PJM, or Southeast utility frameworksExperience evaluating power purchase agreements, interconnection agreements, or energy infrastructure contractsKnowledge of entitlement, permitting, and land development processes for large-scale industrial or technology facilitiesExperience with GIS mapping tools or other real estate/infrastructure analytics platformsEntrepreneurial mindset and genuine interest in digital infrastructure, AI compute, and the energy transition