Principal Project Finance Specialist Nexant
Business Unit:Energy Chemicals and Consulting
Nexant is a provider of intelligent grid software and clean energy solutions-pioneering, developing, and advancing electric power grid and alternative energy technologies and services. Our exclusive focus on energy, combined with our well-respected and experienced professionals, proven technology, and proprietary industry information, has earned us distinctive brand recognition and a reputation as a top energy solutions company.
Nexant is an independent company formed on January 1, 2000 by a core group of energy consulting and advanced energy technology units of Bechtel Group, Inc. Since that date, we have added expertise through the strategic acquisition of eight energy technology companies and organically hiring only the best in our field. Our seasoned professionals have completed over 3,000 assignments in more than 100 countries. We have headquarters in San Francisco and Foster City, CA, with 32 corporate, representative, and project offices in the U.S., Europe, the Middle East, Asia, and Africa. We have been profitable since day one with significant growth rates.
Our detailed understanding of the physical behavior and constraints of the power system is embedded in our grid and market operations software. We offer an integrated line of software solutions that addresses all facets of energy markets, from centralized wholesale markets to independent energy retailers and aggregators. Growing trends such as dynamic pricing and demand side management are emphasized. Our domain dominance within the energy value chain and integrated expertise in the market with proprietary technologies makes us a clear leader in our space.
We also provide advisory services for developing and commercializing advanced clean energy technologies as well as supplying technical, operational, and strategic consulting to oil, gas, and chemical majors, energy resource companies, technology owners, governments, and investors. In addition, Nexant is a national leader in the innovative design, implementation, and evaluation of many of the largest commercial, industrial, and residential energy efficiency incentive and demand side management programs in the United States.
Our current investors include TeleSoft Partners, Oak Investment Partners, The Beacon Group, Intel Capital, Nth Power, Morgan Stanley Global Energy Group, Frog and Peach, and Symphony Technology Group, as well as Nexant management and staff. We recently secured another round of funding of $50 million that will help us achieve the rapid growth potential of our company.
Are you interested in having a real impact and helping to change the world? Then join us!
About the Job
Nexant is currently seeking an experienced energy sector professional for its Washington, DC office, to fill a Principal Project Finance Advisor position. The successful candidate will join Nexant's Africa Infrastructure Program (AIP) team, within Nexant?s Consulting - Government Division. Responsibilities focus on performing energy consulting services at policy and project levels for governments and local project developers in Sub-Saharan Africa (SSA).
AIP is a USAID funded technical assistance program aiming to help late stage power infrastructure projects in SSA reach financial closure by making available financial, legal, technical and environmental experts to governments and governmental agencies. The Nexant project team assists as Capacity Building and Transaction Advisor to help resolve regulatory roadblocks in the enabling environment, structure the project, and negotiate core agreements such as Power Purchase Agreements (PPAs), Wheeling Agreements, and other relevant agreements, moving the project along through financial closure.
The incumbent will be assisted in his/her logistics and administrative tasks by the Project Support Team and will report to the AIP Project Management.
Duties and Responsibilities
Help organize and lead multidisciplinary teams to appraise the viability of proposed energy projects along technical, commercial, financial, economic, environmental, regulatory, legal, and other relevant criteria and identify associated risks;
Help structure mitigating measures against such risks and negotiate commercial agreements that appropriately allocate such risks to the parties best equipped to carry them in line with established practices that would render the project bankable;
Assist government policy makers identify private sector and investor challenges faced in the conception and implementation of individual generation and transmission projects and develop/implement measures for policy makers to improve the enabling regulatory environment for capital flows to support project implementation; and
Participate in multidisciplinary teams for sector wide planning to guide on sector restructuring, Offtaker credit enhancement, tariff methodology, etc. matters bearing financial expertise on the key consideration involved.
Master?s in Business Administration (enhanced by engineering degree is a plus);
Extensive experience assisting investors identify, structure, evaluate, and invest in high yield, limited or non-recourse, development projects in the energy sector in Emerging Markets;
Exposure to multiple Project Finance structured deals in lead negotiating capacity with intimate familiarity of PPAs, TCAs, Ancillary Agreements, O&M Agreements, Wheeling Agreements, Cross-border Interconnection Agreements, Shareholders Agreements, Loan Agreements, Security Arrangements, etc.;
Insightful knowledge of Project Finance and financial engineering techniques needed to structure bankable deals;
First hand familiarity with the financing criteria of multilateral development agencies, bilateral donor organization, export credit agencies, as well as commercial long term investors;
Experience in setting up financial projections for complex projects with insightful knowledge of key parameters involved to correctly interpret and diagnose problem areas from financial projections;
Experience dealing with regulatory and policy issues affecting energy projects in Emerging Market environments;
Ability to deal with high ranking officials, policy makers, and corporate officials;
Track record working effectively on project transactions in multi-cultural environments (Africa is a plus);
Skills & experience in organization, leadership, dynamism, problem solving;
USAID experience is a plus;
Excellent writing ability is a must;
Willingness to travel at least 30% of the time.
Salary and Benefits (U.S.)
Nexant offers competitive salaries based on candidate's qualifications. Nexant also offers three weeks paid vacation per year, eleven paid holidays per year, a 401(k) plan with employee matching funds and an overall comprehensive benefits package.
Nexant, Inc. is an equal opportunity employer and encourages workforce diversity. We welcome applications from all qualified candidates.
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