EDF India - Manager/Senior Manager - Debt Financing

About the job:

Involved in the Asian power market for over 30 years, EDF aims to contribute to the ongoing energy demand of a fast-changing and dynamic market, from low carbon electricity production to smart energy services.

Headquartered in Tokyo, the EDF International Division Asia Pacific (ID Asia Pacific) is delivering the EDF Group's strategy in Asia (excluding China and Central Asian countries) and Pacific areas, in relation to hydroelectricity (including pumped storage and floating solar), thermal, transmission, distribution, hybrid distributed offers for C&I and communities, and innovative solutions related to storage and hydrogen.

EDF International Division Asia Pacific relies on two operating assets in Laos (one 1070 MW hydropower asset, jointly owned and operated with Lao and Thai partners) and Vietnam (one 715 MW combined cycle power plant, jointly owned with Japanese partners), several development offices in India, Vietnam, Indonesia, Australia and Japan.

Present in India for over 25 years, EDF is a key partner in the country's ambitious energy development and decarbonization programme.

Through a wide range of projects, EDF Group is active in 3 key low carbon energy sectors in India.

EDF Group supports the government in upgrading India's power distribution network, helping to decarbonize electricity and create smart cities that better serve the population.

The current role is proposed at Bharat Grid Private Limited, which is the holding company for all smart meter projects in India for EDF.

Starting time: Beginning Q1 2025

Report to: Project Finance Head, Bharat Grid Private Limited

Portfolio: Debt Financing / Project Financing

Job Level: Manager / Senior Manager

Education Requirements: MBA from Tier-1 institute

Professional Experience: 5-8 years of relevant experience

Job Location: Delhi

Main tasks:

- Deliver high quality work under guidance of the respective team lead to meet project requirements and at the same time, ensuring timeliness, accuracy and completeness of the deliverables

- Develop understanding of the commercial and contractual implications under various contracts, specifically for Project Financing

- Prepare complex financial models by analyzing key business drivers and conducting scenario and sensitivity analysis in order to ensure compliance with project documents and applicable accounting & taxation principles

- Develop a sound understanding of the various debt products including NCDs, PTCs, Direct assignment etc.

- Develop knowledge of various aspects of debt fund raising including regulations, tax, excel modelling and documentation

- Preparation of Information Memorandum, for sharing with prospective lenders

- Drive debt fundraises including managing investor queries on debt funding

- Meet the debt funding targets on debt funding with respect to cost of funds and targeted leverage in the business plan

- Relationship management with the Indian and International Banks and NBFC's

- Managing the debt funding process with lenders (Including negotiating term sheets) to achieve desired Credit Approvals

- Coordinating with lenders consultants and internal teams to close lenders due diligence

- Coordinating with Lender's Counsel and internal legal counsel to finalise the debt agreements and closure of documentation

- Coordinating with internal teams and lenders to close the Pre-Disbursement and Pre-commitment conditions

- Disbursement of Debt in line with the Business Plan and as per project requirement

- Managing Post Disbursement compliances

Skills and Knowledge:

- Strong analytical and quantitative skills

- Attention to detail

- Excellent communication skills

- Ability to work in multicultural environments and multidisciplinary team

- Strong working knowledge of Excel, appetite for developing IT skills (e. Power BI)

- Excellent Financial Modelling skills and ability to build out 3-statement forecasted models including Revenue Models, Cost Models, Debt Waterfall and Leverage Analysis

- Excellent presentation skills; ability to communicate clearly and effectively with diverse audiences

- Detailed understanding of Public Private Partnership (PPP) model in India

- Market knowledge of infrastructure lending and project finance for Indian project loans

- Relevant experience working in the project finance team of a top-tier investment or commercial bank or specialist advisor, or an asset manager investing in energy or infrastructure, or a renewable energy developer with sizable project portfolio

- Good time management and demonstrated ability to perform under time pressure and to prioritize to handle multiple assignments

Only shortlisted candidates will be contacted and personal data collected will be used for recruitment purposes