Investment Associate, Clean Energy Investments in London

Overview

Talent Acquisition Partner (Private Equity & Clean Energy Investors)

Location: London or Madrid

About Capital Dynamics

Capital Dynamics is an independent global asset management firm focusing on private assets, including Private equity (primaries, secondaries, and direct investments) and Clean Energy.

Established in 1988, the Firm has extensive knowledge and experience developing solutions tailored to meet the exacting needs of a diverse and global client base of institutional and private wealth investors. Capital Dynamics oversees more than USD 15 billion in assets under management and advisement and employs approximately 150 professionals globally across 13 offices in Europe, North America, and Asia.

Capital Dynamics is a recognized industry leader in responsible investment, receiving top marks (Five Stars) from PRI across all categories and investment strategies, as well as achieving strong results in GRESB benchmarking for its clean energy strategy.

Department Overview

The Capital Dynamics Clean Energy (CE) team makes direct equity investments in carbon-reducing renewable energy power generation from late-stage development to commercial operations. Capital Dynamics is one of the largest managers of U.K. onshore wind assets and subsidy-free solar PV in Europe and has a growing footprint in the U.S. The team strives to achieve enhanced value by de-risking projects from the end of their development phases and optimizing performance and capital structure into commercial operations.

Role Purpose

Capital Dynamics seeks to hire a first-year Investment Associate to join our Clean Energy Investment team in London or Madrid.

The Associate will be a core Clean Energy investment team member, focused on acquiring and divesting assets, building financial models, conducting due diligence on new opportunities, and liaising with all stakeholders relevant to the funds (including consultants, advisors, investment committees, etc).

You will support work streams on transactions during the due diligence phase of a deal, while also supporting ongoing valuations, reporting to investors, capital raising, and ongoing asset management of the current portfolio.

Key tasks and responsibilities

• Lead the preparation of automated financial models and conduct financial sensitivity.
• Assist in the drafting of investment committee memorandums.
• Provide support through the due diligence process during acquisitions or the execution process during divestitures.
• Provide support in the financing activities of investments.
• Conduct market analysis and research to support the Team’s investment decisions.
• Work with the Asset Management team to monitor and optimize investment performance post-acquisition.
• Perform sensitivity analysis to appraise projects and provide information on the performance of the project under different scenarios.
• A demonstrable track record working on clean energy infrastructure or renewable energy investment deals in Europe.
• Exceptional financial modelling experience, including a strong understanding of project and debt financing.
• An understanding of the legal and tax framework and documentation typical of a direct / infrastructure investment.
• Working knowledge of financial analysis ratios such as yield, IRRs, and NPVs.
• Good understanding of accounting, finance, company valuation, and, ideally, asset management.
• Good understanding of financial methodologies, such as leveraged buyout, forecasting analysis, financial statement analysis, and discounted cash flow analysis.

Skills and Qualifications

• A minimum bachelor's degree from a top-tier university.
• A maximum of 2 to 4 years relevant experience working in investment banking, asset management, Big-4 Corporate Finance / Consultancy - with a specific focus on renewables, energy M&A, clean energy infrastructure, or power generating consultancy.
• Project experience related to onshore wind, solar PV infrastructure, BESS related investments.
• Good working knowledge of the support frameworks for renewable investments.
• Sound investment judgment with a keen awareness of risk, return, and exposure management.
• Exceptional proficiency in MS Excel, MS PowerPoint, and MS Word.
• Must be fluent in English and Spanish (for Madrid candidates), and display superior verbal and written communication skills.
• Additional language skills, such as Italian, German, Japanese, South Korean, Swedish, and Finnish, are desirable.

Further notice

• This is an office-based role, working out of our London or Madrid office 4 days per week.
• Candidate must be able to travel to our London or Madrid offices for in-person interviews, including a technical assessment.

Diversity & Inclusion

Capital Dynamics is an Equal Opportunity Employer and is committed to creating a globally diverse workforce. We are a global company with 23 nationalities represented across our staff in 13 offices, spanning North America, Europe, the Middle East, and Asia. We believe diversity and inclusion (D&I) are key to being better at what we do, and our initiatives are designed to attract, develop, and advance talented individuals, regardless of race, sexual orientation, religion, age, gender, disability status or any other dimension of diversity. We welcome and strongly encourage suitably qualified applicants from a wide range of backgrounds to apply to join Capital Dynamics.

Seniority level

• Associate

Employment type

• Full-time

Job function

• Analyst, Finance, and Strategy/Planning
• Industries: Venture Capital and Private Equity Principals, Investment Management, and Investment Banking