Renewable Energy Finance Expert

6 days ago


Jeddah, Makkah Province, Saudi Arabia Nesma Renewable Energy Full time
Job Overview

Nesma Renewable Energy is a leading Saudi developer of utility-scale renewable energy projects. The company has 1.8GW of gross renewable energy capacity and two desalination facilities in its current portfolio.

The business is seeking to add to the existing competence and capability of the team in the following specialist areas:

  1. Leading project financing workstreams for greenfield utility projects, including debt/equity structuring, financial modeling, and term sheet negotiations.
  2. Reviewing and optimizing capital structures at project and portfolio levels, considering non-recourse debt, export credit agencies, and refinancing opportunities.

Main Responsibilities:

  • Deal Structuring & Execution: Lead end-to-end project financing workstreams for greenfield utility projects.
  • Review and optimize capital structures at project and portfolio level.
  • Stakeholder Management: Manage and develop strong relationships with banks, appropriate 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.
Requirements
  1. A Proven Leader: 10+ years in project finance, with 5+ years establishing, building, managing teams and closing multiple infrastructure deals.
  2. Significant exposure to greenfield project finance/long-term concession projects will be considered a strong plus.
  3. A Strong Network: established and flourishing network of professional connections in the project finance lending and advisory space (particularly in KSA and the GCC).
  4. Sector Expertise: Deep knowledge of renewables, water, and GCC infrastructure projects landscape.
  5. Cultural Fit: Collaborative, adaptable, strong desire to deliver transformative projects in KSA and be based in KSA whilst doing so.


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