Investment Associate at PowerGen Renewable Energy

Job Description (adsbygoogle = window.adsbygoogle || []).push({}); PowerGen provides turnkey energy solutions to residential, community, commercial, and industrial customers in East Africa and beyond. Founded in our focus is on providing robust photo-voltaic and wind systems for off-grid demands. PowerGen offers a range of products and services that enable customers in a variety of markets to take advantage of the renewable energy resources around them. From a small home wind turbine system to an industrial-scale solar PV array, we offer a one-stop solution to energy challenges.About the job We are seeking a highly-skilled and motivated Investment Associate to join our team at PowerGen. As an Investment Associate, you’ll play a critical role on our investment team. The Investment Associate will support in developing, structuring, and fundraising for new projects (across multiple countries) to transform the African power sector. This work will include building detailed financial models, corporate and project-level debt raising (in local currency and USD), complex commercial and legal structuring, government and donor engagement, and ushering projects through the development cycle (incl. Internal Investment Committee approval gates).Once a project reaches the implementation stage, the investment associate will support the implementation and asset management teams where necessary to inform ongoing portfolio management and investment decision-making .This is an excellent opportunity for individuals with a strong background in finance and a passion for the energy industry. Activities: Support the structuring of project development and equity partnersContribution to development of projects in the portfolio with a strong focus on achieving bankable projectsParticipate in negotiations with investors, sponsors, lenders, fundersPrepare project-related documents for internal and external audiencesBuild and maintain strong relationships with local/regional/global partnersAnticipate market trends and employ sector/country knowledgePerform routine reporting functions for investors and other key external stakeholders, including data collection and financial reporting, and where necessary, liaise with other teams to provide the same Competencies & Experience: 2-4 years’ investment and industry experience in project development, investment and/or project finance in the power sector within: a utility/concessions company, project finance/infrastructure departure of an international investment bank, infrastructure department in a Development Finance institution, the infrastructure / PPP department of a transaction/financial advisory firm or an infrastructure private equity fund with exposure to early/mid-stage project developmentProject management experienceSolid understanding of concession agreements, PPA, EPC, O&M contractsDemonstrated understanding of project and concession financing and policy issuesDemonstrated track record of closing transactionsAwareness of the latest trends and developments in financing infrastructureStrong connection to Africa and intent to have Africa-focused careerStrong understanding of the power sectorStrong understanding of PPP project structuring and project financeStrong business development and client relationship skills, track record and ability to focus on clients’ needs effectively and identify potential business partnersExcellent written and verbal communication skills in English; fluent in French is a plusInterest in PowerGen’s mission, strategy & ValuesStrong inter-personal skills, ability to interact effectively with investors, partners and colleagues from various cultural backgrounds; living experience in emerging countries is a plusPrior knowledge of African infrastructure and relationships in Africa are a strong plusQualities: Integrity, self-starter, curious,high initiative and bias toward action, positive attitude