Project Finance Specialist
3 days ago
Nesma Renewable Energy is a leading developer of utility-scale renewable energy projects in Saudi Arabia, seeking to add expertise to its team. The company has 1.8GW of gross renewable energy capacity and two desalination facilities in its portfolio.
Job SummaryWe are looking for a Project Finance Lead to join our Financing & Investments (F&I) team, reporting to the CIO. The successful candidate will lead the structuring, negotiation, and execution of project financing for utility-scale energy transition projects.
Main Responsibilities- Deal Structuring & Execution: Lead end-to-end project financing workstreams for greenfield utility projects, including debt/equity structuring, financial modeling, term sheet negotiations, and development of the full financing document suite.
- Review and optimize capital structures at project and portfolio level, considering non-recourse debt, export credit agencies, green bonds, and refinancing opportunities.
- Stakeholder Management: Manage and develop strong relationships with banks, DFIs, co-investors, legal and financial advisors.
- Collaborate with internal teams to ensure bankable project agreements and structures.
- Risk & Compliance: Mitigate financial, regulatory, and political risks in project and finance documentation.
- Ensure compliance with KSA regulations and international standards.
- A Proven Leader: 10+ years in project finance, with 5+ years establishing, building, managing teams and closing multiple infrastructure deals.
- Significant exposure to greenfield project finance/long-term concession projects.
- A Strong Network: established connections in the project finance lending and advisory space, particularly in KSA and the GCC.
- Sector Expertise: Deep knowledge of renewables, water, and GCC infrastructure projects landscape.
- Cultural Fit: Collaborative, adaptable, strong desire to deliver transformative projects in KSA.
- Substantial hands-on financial modelling experience, with ability to review and construct dynamic models.
- Deep understanding of project finance structures, principles, and documentation.
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