Senior Investment Associate

Company Description

PowerGen Renewable Energy is a micro-grid developer, implementer, and operator in East and West Africa, reshaping the prevailing rural electrification model in the region.  PowerGen is creating an African energy system that utilizes clean, renewable energy and smarter grids to deliver power to all.

Job Description

1. Support the closing of corporate funding, including:
   1. Equity and debt investor processes
   2. Preparation of due diligence materials and Q&A 
   3. Support in financial modeling
   4. Structuring of corporate vs. project debt
   5. Structuring of local currency debt vs. HoldCo-level debt
   6. Structuring of non-commercial guarantees
   7. Capital disbursements (i.e. making sure all investors' criteria are met and drawdowns can be executed)
2. Support in development and continued improvement of financial models, including:
   1. Templates used by commercial owners and helping all commercial owners understand the various models and sign-off on models where appropriate
   2. Reviewing final financial models for projects that reach the IC1 and IC2 stage and providing input and recommendations on final investment decisions
   3. Project asset management performance tracking
   4. Project expansion and reinvestment decision-making
3. Support in developing a clear long-term capital structure strategy (i.e.  D/E ratios, treasury, project bank accounts and cash management, FX, management, corporate debt structuring, lender management and selection, etc.)
4. Provide input on overall company strategy and including strategy for C&I business vertical, business development approach, entity structuring, company and team structuring, pricing of CapEx and tariffs, etc.

Qualifications

Competencies & Experience:

1. Passionate about transforming the power sector on the continent and providing clean, reliable and affordable power to millions of people and businesses
2. 3-5 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 development
3. Project management experience
4. Advanced Financial Modelling skills
5. Solid understanding of concession agreements, PPA, EPC, O&M contracts
6. Demonstrated understanding of project and concession financing and policy issues
7. Demonstrated track record of closing transactions
8. Awareness of the latest trends and developments in financing infrastructure
9. Strong connection to Africa and intent to have Africa-focused career
10. Strong understanding of the power sector
11. Strong understanding of PPP project structuring and project finance
12. Strong business development and client relationship skills, track record and ability to focus on clients’ needs effectively and identify potential business partners
13. Excellent written and verbal communication skills in English; fluent in French is a plus
14. Interest in PowerGen’s mission, strategy & Values
15. Strong inter-personal skills, ability to interact effectively with investors, partners and colleagues from various cultural backgrounds; living experience in emerging countries is a plus
16. Prior knowledge of African infrastructure and relationships in Africa are a strong plus
17. Qualities: Integrity, self-starter, curious,high initiative and bias toward action, positive attitude

Additional Information

Benefits and Compensation:

A competitive package including annual compensation, performance bonuses, health insurance, professional development and team building events. And you'll be working with a dynamic team of people passionate about electrifying East  and West Africa!