PowerGen Renewable Energy is seeking a highly skilled and experienced Senior Investment Associate to join the Investments team in Nairobi. In this role, you will play a leading role in originating, structuring, and fundraising for new energy projects across multiple African markets, helping to transform the African power sector through scalable, bankable investments.
Key Responsibilities
Deal Origination & Structuring: Identify, screen, and prioritize new project and platform investment opportunities in target markets. Lead the commercial and financial structuring of transactions, including equity, mezzanine, and debt instruments. Design and refine project structures (SPVs, concession models, PPPs) that meet investor, lender, and regulatory requirements. Assess bankability risks and propose mitigation strategies.
Financial Modelling & Investment Analysis: Own and develop complex project finance and corporate financial models, including scenario analysis and sensitivity testing. Prepare valuation analyses (DCF, comparable transactions, benchmarking) and recommend pricing/terms. Analyze project economics, capital structures, and risk allocation.
Fundraising & Transaction Execution: Lead equity and debt fundraising processes (local currency and USD) with DFIs, commercial banks, funds, and strategic partners. Coordinate due diligence responses and support/lead negotiations on key transaction documents (term sheets, financing agreements, shareholder agreements, PPAs, EPC/O&M, concessions).
Stakeholder, Government & Donor Engagement: Build and maintain strong relationships with investors, lenders, and DFIs. Engage with governments, regulators, utilities, and donors on project-related issues.
Portfolio Management & Asset Support: Support implementation and asset management teams with financial and commercial expertise. Monitor portfolio performance against investment cases and assist with refinancings or restructurings.
Governance & Team Development: Lead preparation of materials for Internal Investment Committee approvals. Help strengthen internal investment processes and coach junior team members.
Qualifications & Requirements
5–7 years of relevant experience in project development, investment, and/or project finance in the power or infrastructure sector.
Demonstrated track record leading or co-leading transactions to successful close.
Experience in utility/concession companies, project finance departments of investment banks, DFIs, infrastructure PE funds, or transaction advisory firms.
Advanced financial modelling skills in Excel and strong quantitative analysis abilities.
Strong understanding of project finance, PPP structures, concession models, PPAs, and EPC/O&M contracts.
