Associate, Structured Finance

Associate, Structured Finance

Job Title: Associate

Department: Structured Finance and M&A

Reporting to: Structured Finance Director

Location: London

We are Lightsource bp – and we’re on a mission to become a global leader in onshore renewables, anchored by our proven track record in solar development.

For over a decade we’ve been working to diversify the way our world is powered with sustainable and responsible renewable power. We work to safely deliver affordable, reliable, large-scale renewable and energy storage solutions to help the world decarbonise.

Our growing business is constantly innovating and investing to help drive the energy transition. Our people and projects are focused on supporting long-term sustainable growth and energy security.

Lightsource bp operates with five core values: Safety, Integrity, Respect, Sustainability, and Drive.

We seek to attract and hire individuals who share our commitment to creating a safe workplace, uphold the highest standards of integrity, and demonstrate respect for colleagues, communities, and the environment. Our recruitment process promotes sustainability by valuing long-term growth and responsible practices, while seeking candidates with the drive to innovate and lead in the global energy transition.

Together, these values shape how we engage, assess, and welcome talent to join us in delivering transformational solar power solutions worldwide.

What you’ll do (the role)

Summary

The associate within the Structured Finance team will join a highly dynamic and multi skilled team of professionals with extensive experience in executing and originating structured finance transactions (project finance, corporate finance, M&A).

The Structured Finance and M&A team works alongside Lightsource bp’s highly skilled global development teams, comprising engineering, power markets, construction and asset management to originate, develop, construct and operate onshore renewable and energy storage projects.

The associate will be an essential part of the team, assisting in the structuring and execution phases of financing and M&A processes in relation to Lightsource bp projects (solar, BESS and onshore wind) to help deliver the company’s ambitious growth targets.

Responsibilities of the Role

• Supporting the transaction lead in progressing transactions from origination to Financial Close
• Preparing internal and external facing presentations, including investment committee materials, deal teasers, information memorandum
• Supporting negotiations with financing parties and investors
• Building, running and amending project financial models
• Reviewing and providing inputs for financial and transaction documentation (e.g. Facility Agreements, Share Purchase Agreements)
• Coordination and management of due diligence processes, including management of advisers
• Developing and maintaining collaborative relationships with other functional teams within LSbp, as well as financing institutions and investors
• Maintain regional specific models and processes used by regional development teams to make investment decisions
• Have a good understanding of power markets, engineering implications, tax, accounting and project financing in all our operational jurisdictions
• Review investment papers and models prepared by regional development teams
• Collaborate with regional development teams to assess investment opportunities
• Collaborate with regional development teams to ensure bankable solutions, whilst highlighting key deal issues and areas of exposure

Why you’ll make a great member of the team

Experience & Knowledge Required

• 2-to-3 years of relevant experience with a lender, investor or adviser active in the infrastructure and energy finance space, or with an IPP/vertically integrated developer
• Interest and passion for the energy sector, especially renewable energy and storage
• Advanced corporate finance knowledge and experience of M&A processes
• Strong understanding of project finance principles
• Understanding of various financial and risk management products

Skills Required

• Ability to think independently and critically
• Strong communication skills
• Ability to take ownership of a piece of work
• Solid analytical capability and numerical skills
• Advanced skills in developing, using and understanding cash-flow and complex financial models
• Demonstrable experience in working with Excel, Word, and PowerPoint
• Coordination of complex transaction workstreams
• Understanding of key tax, accounting and legal concepts relating to project finance and M&A processes
• Proactive and problem solving attitude
• Detailed oriented and well organised
• Fluency in English is essential

Education Required

• Bachelor’s degree

Why you’ll want to work for us

Our company is a place where you can be yourself and grow, a place where your ideas and opinions matter.

Be you: We pride ourselves on being an inclusive community, where every individual is valued and treated with respect.

Be responsible: Our culture is driven by our core values – from operating safely to ensuring our projects are responsible.

Be recognized: Alongside a competitive salary, we offer a variety of benefits including annual bonus, retention bank, health insurance, pension and other local benefits.

Be inspired: Beyond your day-to-day working life at Lightsource bp, there’s a variety of initiatives that will contribute to your own personal development. These include our charitable causes, supporting our solar honey project, or volunteering on our VIBES committee to name a few.

Our core values: Lightsource bp truly cares about creating a sustainable future through safe, responsible and meaningful low carbon energy projects. Our core values of Safety, Integrity, Respect, Sustainability and Drive are the guiding principles for everything we do.

For further information on our career opportunities and life at Lightsource bp, please visit https://www.lightsourcebp.com/careers/