Posted:Jan 8
By:Hiring Kenya
Company Details
Industry:
Environmental Services
Description:
PowerGen provides turnkey energy solutions to residential, community, commercial, and industrial customers in East Africa and beyond. Founded in 2011 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.
Job Description
- Support the closing of corporate funding, including:
- Equity and debt investor processes
- Preparation of due diligence materials and Q&A
- Support in financial modeling
- Structuring of corporate vs. project debt
- Structuring of local currency debt vs. HoldCo-level debt
- Structuring of non-commercial guarantees
- Capital disbursements (i.e. making sure all investors' criteria are met and drawdowns can be executed)
- Support in development and continued improvement of financial models, including:
- Templates used by commercial owners and helping all commercial owners understand the various models and sign-off on models where appropriate
- Reviewing final financial models for projects that reach the IC1 and IC2 stage and providing input and recommendations on final investment decisions
- Project asset management performance tracking
- Project expansion and reinvestment decision-making
- 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.)
- 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:
- Passionate about transforming the power sector on the continent and providing clean, reliable and affordable power to millions of people and businesses
- 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
- Project management experience
- Advanced Financial Modelling skills
- Solid understanding of concession agreements, PPA, EPC, O&M contracts
- Demonstrated understanding of project and concession financing and policy issues
- Demonstrated track record of closing transactions
- Awareness of the latest trends and developments in financing infrastructure
- Strong connection to Africa and intent to have Africa-focused career
- Strong understanding of the power sector
- Strong understanding of PPP project structuring and project finance
- Strong business development and client relationship skills, track record and ability to focus on clients’ needs effectively and identify potential business partners
- Excellent written and verbal communication skills in English; fluent in French is a plus
- Interest in PowerGen’s mission, strategy & Values
- 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
- Prior knowledge of African infrastructure and relationships in Africa are a strong plus
- Qualities: Integrity, self-starter, curious,high initiative and bias toward action, positive attitude
Education: Degree, Diploma
Employment Type: Full Time