About

I'm an investment banker focused on energy transition, power, and digital infrastructure, working across M&A, project finance, and offtake advisory in North American and European markets.

I got into this work through an unlikely door. At Whitman College, learning that our endowment was invested in local wind farms sent me down a rabbit hole I never really climbed out of. I started at Onyx Renewable Partners, learning project finance from the developer side and closing solar and storage deals across the US. From there I moved to Marathon Capital to go bigger: utility-scale transactions, international markets, a wider range of clients and structures.

Over the last few years I've built a lot of my work around European deals, including power assets in the Nordics, data centre infrastructure, and cross-border capital raises. I'm now relocating to London to keep building in that direction.

Outside of work I ski as much as I possibly can. I raced in college and still try to get into the backcountry whenever I'm able. Last fall I climbed Mont Blanc. I'm working toward my private pilot's license, slowly but surely.

Martin Agrimis

Experience

Investment Banking Associate

Marathon Capital · New York

Dec 2023 – Present

Advise on M&A, capital raising, project finance, and offtake advisory across European and North American energy transition, power, and digital infrastructure markets. Lead transaction execution and structuring, including offtake negotiation and project financing for in-development and operational assets globally.

Select EMEA Transaction Experience

  • Sellside Adviser to Global Independent Power Producer — 100% equity sale of a 250 MWac powered land asset in Nord Pool SE2 supporting hyperscale data centre development. Built the financial model and CIM; led investor outreach to global hyperscalers, strategic cloud providers, and European infrastructure investors.
  • Financial Adviser to Pan-European Infrastructure Investor — Structuring a Memorandum of Understanding to utilize a multi-country European power generation portfolio in support of EMEA hyperscale and digital infrastructure power demand.
  • Capital Raise for Iberian Data Centre Platform — Lead €50M growth equity capital raise for a Madrid-area data centre platform.

Select North America Transaction Experience

  • Sellside Adviser to RES Americas — 100% equity sale of a 400 MWac development-stage solar asset in ERCOT South. Advised on valuation supported by project finance modeling and forward energy market curves; originated and structured a Power Purchase Agreement with a global hyperscale technology firm to support the sale and project financing.
  • Adviser to Cardinal Investment Company — Project financing for a 194 MWac ERCOT North solar project with merchant exposure, including construction-to-term debt, a tax credit transfer agreement, and Renewable Energy Certificate offtake.

Associate

Onyx Renewable Partners L.P. · New York

Mar 2021 – Dec 2023

Originated and executed C&I and utility-scale solar and energy storage development opportunities across the United States — leading due diligence, financial modelling, and energy market research. Negotiated and structured Power Purchase Agreements, operating leases, and services agreements. Closed transactions representing 85 MW of solar and 110 MWh of storage.

Select Transaction Experience

  • Tax Equity Partnership — Structured a $30M tax equity partnership funding the firm's distributed solar development pipeline. Negotiated LLC agreement and Master Purchase Agreement terms reflecting prevailing market conditions and tax credit regulations.
  • 58 MW Solar & 25 MW / 107 MWh Storage Portfolio — Led financial, operational, and utility market due diligence; analyzed IRR and contracted/merchant revenue streams. Authored LOI term sheet, MIPA, and Investor Memorandum for Onyx's Board of Directors (Blackstone and Sustainable Development Capital LLP).

Education

Bachelor of Arts in Economics

Whitman College · Walla Walla, WA

Concentration in Environmental Economics.

2016 – 2020

Skills & Interests

Software

  • Microsoft Excel
  • PowerPoint
  • Bloomberg Terminal
  • CapitalIQ Pro

Languages

  • English
  • Conversational Spanish (studying)

Interests

  • Alpine skiing
  • Fly fishing
  • Private Pilot's License (in progress)
  • Portland Trail Blazers