Associate, Structured Finance (Modelling) London, England
Job description
Lightsource bp is a global leader in the development and management of solar energy projects. We are a 50:50 joint venture with bp with a mission to help drive the world’s transition to low carbon energy. With solar set to increase tenfold in the next 20 years, we are well-positioned to capitalize on this growth. By joining the Lightsource bp team, you will ‘be the change’ on the world’s energy transition to a more sustainable future. We pride ourselves on our entrepreneurial spirit as we continue to push the boundaries of an ever-changing energy landscape. By choosing a career with us, you can expect a challenging and fulfilling role surrounded by people who are passionate and have brilliant ideas about sustainable technology, innovation and making the world a better place.
The structured finance team’s primary focus is leading, structuring and negotiating Lightsource bp’s financings through both project level and corporate level debt, as well as leading M&A and divestments across our operational jurisdictions.
In addition, the structured finance team works closely with the global business in making investment decisions.
This role is primarily focused on the quantitative analysis needed to support investment decisions, debt raising and M&A processes globally. This requires a good understanding of all aspects of solar and financing including (but not limited to) power markets, development processes, engineering, project finance structures, corporate debt structures, debt financing processes, derivative instruments, tax and accounting.
Financing
Manage the qualitative aspects of project and portfolio financing’s
Analysis of preferred financing solutions on individual asset/portfolio basis
Analysis and implementation of project specific hedging requirements, through FX/Inflation/IRS products
Management of required project advisors in conjunction with cross-functional support
Review and analysis all project relevant documentation
Production and review of required information memorandums and investment papers
Investment Decisions
Maintain regional specific models and processes used by regional development teams to make investment decisions
Have a good understanding of power markets, engineering implications, tax, accounting and project financing in all our operational jurisdictions
Review investment papers and models prepared by regional development teams
Collaborate with regional development teams to assess investment opportunities
Collaborate regional development teams to ensure bankable solutions, whilst highlighting key deal issues and areas of exposure
Acquisitions
Provide analysis to support asset valuation
Collaborate with different matter experts to determine the asset valuation
Perform investor due diligence processes
Prepare investment papers of for senior management
Divestments
Prepare IM’s and models for divestment processes
Collaborate with different matter experts to maximise asset valuation
Provide analysis to support divestment strategies decision making
Manage external advisors where required
EXPERIENCE
3-6 years within the financial sector with strong analytical and quantitative skills as well as project finance knowledge
PERSONAL/WORK SKILLS
Advance excel financial modelling capabilities
Able to build and run pro-forma financial models for raising project finance, making investment decisions and M&A valuations
Strong communication skills including the ability to explain complex concepts to key stakeholders
Able to draft and prepare presentation materials including deal teasers, management presentations, and other supporting documentation and analysis
A high standard of work and attention to details
Able to work under pressure and with tight deadlines
Proven reliability and ability to cope with last-minute schedule changes
High motivation, flexible can-do attitude, entrepreneurial “self-starter” mindset and problem-solving capabilities
Fluency in English is essential, other languages is an advantage
