Investment Associate/Senior Associate – CrossBoundary Energy

Job Description

About the Firm 

CrossBoundary Energy develops, owns, and operates distributed renewable energy solutions for businesses, offering cheaper and cleaner energy through power purchase and lease agreements. With a US$550M portfolio of awarded, signed, in-construction, and operating energy assets, the company boasts ~400 MWp of solar PV, wind generation, and thermal projects and ~700 MWh of battery energy storage solutions. Its clients include industry leaders like Rio Tinto, Ivanhoe, Unilever, Diageo, Heineken, and the Devki Group. The diverse portfolio features large-scale renewable-led hybrid power plants for mines, rooftop and ground-mount solar PV plants for industrial clients, and distributed solar PV and battery power solutions for telecommunications sites. As a member of the CrossBoundary Group, founded in 2011, CrossBoundary Energy is dedicated to unlocking the power of capital for sustainable growth and strong returns in underserved markets. Learn more at www.crossboundaryenergy.com.

Why join us? 

The CrossBoundary team is a unique group of people who are genuinely excited by the opportunity to make a difference in some of the most challenging and exciting markets in the world. Team members come from diverse backgrounds but share several qualities: curiosity, humility, integrity, a drive for excellence, and a bias for action. Learn more at www.crossboundary.com. 

What you’ll do 

CrossBoundary Energy is recruiting a full-time Investment Associate / Senior Investment Associate to support our Investment team. As a member of the team, you will contribute to all fundraising, project due diligence and investment, portfolio management and risk mitigation workstreams. 

Primary Responsibilities

• Fundraising: Drive group-level senior debt and subordinated debt capital raising materials and processes, including corporate and project finance models, presentations, investment memoranda, term sheet negotiation, and due diligence 
• Project finance investments: Assess and structure project investment opportunities, from early-stage leads through to financial close and COD: 
• Driving project-level structuring and fundraises for senior debt, subordinated debt, and bridge instruments 
• Ensuring projects align with portfolio objectives, return requirements, and risk appetite, and are structured to be bankable for project finance investors 
• Project development: Analysis of economics and risks within project development, financial modeling, and project contracts, to support the Project Development team in developing value-accretive projects and investments 
• Portfolio and debt facility management: Maintenance of portfolio models and tracking of investment performance metrics and debt covenants, identifying key risks before they arise and proactively proposing and executing mitigants 
• Group and project structuring: Portfolio and project-level tax, capital and corporate structuring, to deliver optimal economic outcomes 
• Investor management: Preparation of investor updates and engagement materials 
• Risk mitigation: Identification and mitigation of investment risks 

Required Skills and Experience 

• Previous tenure at any of the following (3-6 years): 
• An energy, infrastructure or project finance team of top-tier investment or commercial bank 
• A specialist financial advisory firm or investor focused on energy / infrastructure M&A or transaction advisory 
• Project finance team at a successful energy developer / IPP 
• Demonstrated transaction experience in corporate/project finance, financial modelling, due diligence, investment analysis, fundraising, and transaction execution 
• Experience in or understanding of African markets, particularly in the energy sector 
• Excellent analytical capabilities, attention to detail, and strong presentation skills 
• Demonstrated ability to project manage multiple, complex workstreams and interact with broad stakeholder groups 
• Strong communication, problem-solving, and stakeholder management skills 

Who You Are 

• You are a self-starter passionate about creating lasting change within the energy sector in emerging markets 
• You are a critical thinker, intellectually stimulated by energy, power, geopolitics, economics, and the environment 
• You are a patient puzzle-solver who perseveres through complexity to find practical solutions 
• You are a skilled communicator and relationship builder across jurisdictions and cultures 
• You are solution-oriented and able to operate in situations where information is scarce, and the environment is constantly changing 
• You are ethical and principled, with a strong grasp of international standards for investor relations and compliance 
• You are systematic and highly organized, with personal accountability for managing multiple workstreams 
• You thrive in dynamic environments and are excited to contribute to impactful projects 
• You are eager to learn and grow in the energy transition investment space 

Location / Travel 

Our preferred location is Nairobi, Kenya. Some infrequent travel will be required.