Investment Analyst Job Careers – ENGIE Energy Access (EEA)
Organisation: ENGIE Energy Access (EEA)
Duty Station: Kampala, Uganda and Germany
Reports to: Head of Funding
About US:
ENGIE Energy Access (EEA) is one of the leading Pay-As-You-Go (PAYGo) and mini-grids solutions provider in Africa, with a mission to deliver affordable, reliable and sustainable energy solutions and life-changing services with exceptional customer experience. The company is a result of the integration of Fenix International, ENGIE Mobisol and ENGIE PowerCorner; and develops innovative, off-grid solar solutions for homes, public services and businesses, enabling customers and distribution partners access to clean, affordable energy. The PAYGo solar home systems are financed through affordable installments from $0.19 per day and the mini-grids foster economic development by enabling electrical productive use and triggering business opportunities for entrepreneurs in rural communities. With over 1,700 employees, operations in 9 countries across Africa (Benin, Cote d’Ivoire, Kenya, Mozambique, Nigeria, Rwanda, Tanzania, Uganda and Zambia), over 1.2 million customers and more than 6 million lives impacted so far, ENGIE Energy Access aims to remain the leading clean energy company, serving millions of customers across Africa by 2025.
Job Summary: The Investment Analyst will be part of the global EEA Funding team (currently 3 team members) under the supervision of the Head of Funding. The position holder will support to structure fundraising (debt, equity, guarantees) for Solar-home-systems (SHS) and Mini-grids (MG) projects in Sub-Saharan Africa as well as at corporate level.
Key Duties and Responsibilities:
External debt funding:
- Drive debt raising at country and project levels:
- Non-recourse debt and bridge loans for MGs projects
- Working capital facilities for SHS projects
- Negotiate with pool of banks and investment funds on commercial terms
- Build financial model of renewable projects with inclusion of debt sizing (DSCR, cash flow waterfall, sensitivities, DDM)
- Prepare internal committees to get approval on financing from Executive Committee
- Participate in due diligence process including the constitution and maintenance of data room, on-site visits and due diligence Q&A
Internal funding:
- Ensure ENGIE Energy Access affiliates are correctly funded (follow-up and implementation of shareholder loans and equity injections)
- Support with Engie Corporate Finance team in the elaboration of ENGIE’s memo for approval of internal fundings
- Implement and follow-up of cash position of all legal entities in Africa (~ 15 legal entities)
Equity:
- Negotiate finance aspect of Equity partnerships
- Provide support in the negotiation of legal contracts (Joint development agreements, Shareholder agreements, …)
- Provide economic outcomes needed during internal committees to require Executive committee approvals
Guarantees:
- Negotiate with banks, with the support of Corporate Finance team, for the issuance of performance bonds and other securities needed for projects
- Implement Political Risk Insurances to cover Equity investments and mitigate risks
Alternative funding:
- Implement alternative funding sources to support the project viability (crowdfunding, diasporas financing, solar coins, foundations, donors, microfinance, etc).
Qualifications, Skills and Experience:
- The applicant should have successful experience in project or structured finance in commercial/investment bank, development finance institution, transaction advisor or in the finance team of a project/asset owner
- Advanced quantitative and analytical skills
- Good knowledge of Pack Office, especially Excel (knowledge of VBA is a plus)
- Entrepreneurial spirit and collaborative nature
- Capable of advancing multiple work streams simultaneously and able to prioritize the different timelines
- Project management skills and enthusiasm for new projects
- Rigorous and well-organized
- Experience working in developing countries is preferred
- Excellent communication and presentation skills
- Understanding of rural BOP markets in Africa
- Ability to interact with multicultural teams, counterparts and stakeholders
- Solution oriented person with demonstrated resourcefulness in proposing new ways of driving efficiency
- Self-starter who is passionate about renewable energy and impact projects
- Comfortable in a very changing environment
- A solid team player who likes to challenge the status quo
- Endless curiosity and desire to think outside the box
- Comfortable with new projects even without prior experience and fast learner
- Language(s): French is a plus
NB: Female candidates are strongly encouraged to apply.
How to Apply:
All candidates should apply online at the link below.
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