Build the models behind real investment decisions on Europe's AI infrastructure - part-time, alongside your studies.

The job in one sentence

Every project we take toward a Final Investment Decision rests on a financial model someone has to build, stress-test and explain. As our Project Finance Intern, you'll work on those models - with the people who actually make the decisions.

What you'd actually do

Fossefall develops AI factories that turn Nordic renewable power into sovereign computing capacity for Europe. You'll join our project development and finance team and spend most of your time on financial modelling and analysis.

The core — modelling and analysis.

Build and maintain financial models for project evaluation; run valuation, scenario and sensitivity analysis.

Pressure-test assumptions and sanity-check what the models say.

Help turn the analysis into clear investment materials and decision presentations.

The exposure — the rest of the deal.

See how technical, commercial and financial input come together in a business case, and impact project economics.

Support project due diligence by presenting model outputs and analysis to leders, investors and advisors.

Conduct continuos market research to maintain models and inform decision-making processes.

What we're looking for, in priority order

Analytical and quantitative ability - you can structure, solve and clearly explain complex quantitative problems. This matters most.
Excel proficiency (required). Programming - Python, VBA or similar - is desirable.
Financial acumen is stronly preffered but not required.
Technical understanding of data centres and GPU systems is valuable.

Who fits

You're currently pursuing a Master's degree in a relevant quantitative field, such as Quantitative Finance, Finance, Economics, Mathematics, Physics, Engineering or Computer Science, with the potential to cover to a full-time role after graduation.

Oslo-based: we want you close, for hands-on training and day-to-day work together.

Clear written and spoken English. Norwegian or another Nordic language is a plus.

Why start your career here

You'll work on real models behind real decisions - not a project for the drawer.

Close, hands-on training from experienced finance and development people.

Exposure to AI, energy and infrastructure at the same time.

Practicalities

Location: Oslo, hybrid. Part-time alongside your studies.

About Fossefall

Fossefall is a Nordic AI-infrastructure company founded in 2025. We're around 30 people today, and moving fast to bring many more warm and talented people on board.

As a team, we're still small enough to know each other as people. We're curious - about each other, and about how the whole machine fits together - and we explain the why behind what we do. We're warm and generous with one another, and no one is left alone with a problem: we think out loud and bounce ideas together. We're clear about who owns what, and we do what we said we would.

What we're building

We develop and operate AI factories powered by renewable energy, turning clean Nordic power into scalable, sovereign computing capacity for Europe - built in partnership with local communities, energy producers and technology leaders across the world.

To apply

If you like hard quantitative problems and want to see how big infrastructure actually gets financed, we'd like to hear from you. Tell us briefly about a quantitative or analytical problem you've structured and solved - that tells us more than a long CV.

Project Finance Intern

Join Fossefall as Project Finance Intern: gain hands-on experience in financial modelling, investment analysis, and financing for Europe’s AI-enabled infrastructure.