Elgin Values
Core behavioural responsibilities for all employees | Agility | We Lead with Agility |
| Integrity | We Act with Integrity |
| Excellence | We Empower Excellence |
| Care | We Value Care |
Integration of our four core values into our employment processes and frameworks allows Elgin to recognise and respect individual employees for their personal contributions to their roles, their colleagues, stakeholders, and ultimately to the renewable energy sector. We see sustainability as every employee’s responsibility and weaving sustainable practices into our values is paramount to the culture we seek to create.
Job Description
The Role:We are seeking a highly experienced and strategic-minded individual to join our team as the Head of Project Finance. The successful candidate will be responsible for leading the company's project finance activities, securing funding for renewable energy projects, and developing financial strategies to support growth and profitability. This role is integral to the success and sustainability of our organization.
The ideal candidate will have extensive experience in project finance, a strong understanding of the renewable energy sector, and excellent leadership and communication skills.
What you will do:Project Financing:- Lead the company's project finance activities, including sourcing and structuring financing for renewable energy projects
- Develop and maintain relationships with financial institutions, investors, and other key stakeholders to secure funding for projects
- Negotiate and execute term sheets and finance documentation
- Manage the due diligence procurement process (technical, legal, insurance, tax & accounting)
- Structure and execute adequate project debt-related hedging facilties to insure projects against various macroeconomic risks (e.g. inflation, interest rates, FX)
- Identify and evaluate optimal capital structures and financing options to support project development
- Conduct financial analysis through financial modelling and due diligence on projects to assess financial viability and risks
- Prepare and present project finance proposals to senior management and potential investors
- Monitor and evaluate financial performance of operational projects and make recommendations for improvement.
Portfolio Management:- Identify, evaluate, and mitigate financial risks associated with projects and portfolios.
- Implement robust risk management frameworks and controls.
- Monitor and report on financial risks throughout the project lifecycle.
- Monitor debt covenants and compliance requirements, and ensure timely repayment of debt obligations at both the project and portfolio level
- Structure and execute adequate portfolio-level hedging facilties to insure the portfolio against various macroeconomic risks (e.g. inflation, interest rates, FX)
- Collaborate with other departments, such as finance, accounting, and legal, to ensure alignment on debt-related matters
Stakeholder Engagement:- Collaborate and build relationships with internal and external stakeholders, including developers, engineers, legal teams, and regulatory bodies, to facilitate project success.
- Represent the company in negotiations and meetings with stakeholders.
Strategic Planning:- Contribute to the development and execution of the company’s strategic plan for project finance.
- Work closely with project development teams to ensure alignment of financial strategies with project goals
- Align project finance activities with the company’s overall goals and objectives.
- Identify and pursue new opportunities for project financing and investment.
Reporting and Compliance:- Ensure accurate and timely financial reporting for projects.
- Oversee compliance with financial regulations and company policies.
- Prepare and present financial reports to senior management and the board of directors.
About us
Elgin is a leading international solar & storage company, bringing projects from origination through development to energisation. The company has a portfolio of projects in late-stage development totaling 15GW+ across four key markets: the UK, Australia, Ireland and Germany.
Elgin Energy is an entrepreneurial business with a strong culture, pipeline, and future growth trajectory. The company has expanded internationally over the last 15 years with over 115 professionals located in its London, Dublin, Munich, Madrid and Sydney offices. Elgin has a 98% success rate through planning across all its markets. Please visit our website to learn more; www.elgin.com or check out our LinkedIn; https://www.linkedin.com/company/elgin-energy-limited/
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