- Providing commercial input into Mainstreams business development strategy in South Africa and Africa in relation to public tender processes, especially REIPPPP.
- Providing strategic input on Mainstream’s bidding management and strategy for South African and African public tender processes, including tariff selection and the economic development strategy.
- Managing Mainstream’s involvement in the South African Department of Energy’s REIPPPP procurement process from bidding through to financial close, including formal communication between Mainstream and the Department of Energy.
- Design and manage the project schedule, budget, and other project controls for assigned project processes.
- Structuring financial solutions intended to improve the commercial viability and efficiency of a project, including but not limited to any FX hedges or alternative funding structures.
- Leading and coordinating the negotiation of project agreements required for Financial Close of a project in order to optimize financial returns to Mainstream. These agreements include PPAs, government support agreements, share purchase agreements, equity subscription agreements, MOIs, shareholders’ agreements, financing agreements (including security documents) for senior debt, construction / management service contracts, development services contracts, insurance contracts and hedging solution agreements.
- Evaluating project risks and bankability, including a sound understanding of risk mitigation solutions (i.e. World Bank PRG, MIGA, etc.) available to South African and African projects.
- Identify and communicate, on a timely basis, all project barriers and risk, together with the strategies and approaches to overcome those barriers and risks.
- Develop market intelligence as it relates to the energy industry in South Africa and Africa; understand, manage and monitor changes in legislation and regulations affecting the industry, and engage actively with industry associations in this regard.
- Identify and track new opportunities to position the business to respond to EOIs, RFIs, RFQs or RFPs.
- Writing, reviewing and presenting papers for Risk & Investment committee and / or Board approval, including deal structuring & valuation.
- Establishing new relationships and maintaining existing relationships with financial institutions, investors, advisors, contractors and equipment suppliers.
- Management of team members.
Key requirements for success in the role:
- Relevant financial qualifications / ability with work experience in corporate finance / project finance / investment banking / financial services / renewable energy developer of at least 8 years.
- Bachelor’s degree required; Masters Degree in Business Administration or Finance preferred.
- Demonstrated track record of academic excellence including a graduate degree from a leading university.
- Comprehensive knowledge of the African renewable energy sector and stakeholders, including South Africa’s REIPPPP process.
- Experience managing and successfully achieving Financial Close for utility scale renewable energy projects in Africa.
- Strong Microsoft Excel Skills and an ability to use the Microsoft Office suite of applications.
- Ability to analyze and present qualitative & quantitative information for decision making.
- Strong communication, negotiation, relationship management and presentation skills.
- Willingness to work as part of multi-functional teams.
- Willingness to travel both locally and internationally as required.
- Excellent written and spoken English language skills essential.
The company operates in accordance with the Protection of Personal Information Act (POPI Act), Act 3 of 2013, and by submitting their personal information to us (through the application form, CV and other documentation as required during the recruitment process), candidates agree that the company may utilise their personal information as directed by POPIA.