Overview
Project Finance Lead Jobs in Jeddah, Saudi Arabia at Nesma Renewable Energy
Direct message the job poster from Nesma Renewable Energy
Human Resources Professional | HR consultant
About Nesma Renewable Energy:
Nesma Renewable Energy (NRE) is a leading Saudi developer of, and investor in, utility-scale renewable energy projects. NRE is now growing to cover a broader mandate across the energy transition and water infrastructure sectors.
The company has 1.8GW of gross renewable energy capacity and two desalination facilities in its current portfolio and is focused on capturing significant future opportunities being driven by the large-scale investment in greenfield infrastructure in Saudi Arabia under Vision 2030 programs.
About this opportunity:
Renewable Energy is a central aspect of the Vision 2030 programme. Nesma Renewable Energy is a leading Saudi developer playing an active role in this sector. The business is seeking to add to the existing competence and capability of the team in the following specialist areas:
We are looking fora Project Finance Lead,reporting to theCIO. The position will be based inJeddah, Saudi Arabia.
To support business growth, a Project Finance Lead is being sought to join the Financing & Investments (F&I) team. This individual will lead the structuring, negotiation, and execution of project financing for utility-scale energy transition (e.g. Solar PV, Onshore Wind, Battery Storage) and water infrastructure projects. This role requires a strategic thinker with deep expertise in project finance and financial modelling, risk management, and stakeholder engagement to help drive the bidding and financial close processes of complex infrastructure investments.
There will be a requirement for significant cross-functional working (e.g. with development, portfolio/asset management functions) and business travel.
The F&I function leads commercial structuring,investment analysis/appraisal, business performance, forecasting/monitoring/benchmarking, asset/portfolio valuation, financing (project and business) andfinancial analysisactivities.
Main Responsibilities:
Deal Structuring & Execution:Lead end-to-end project financing work streams for greenfield utility projects. To include debt/equity structuring,financial modeling(with support from more junior team members), term sheet negotiations, and development of the full financing document suite for Financial Close processes.
Review and optimize capital structures at project and portfolio level (e.g. non-recourse debt, export credit agencies, green bonds, refinancing opportunities).
Stakeholder Management:Manage and develop strong relationships with banks, appropriate DFIs, co-investors, legal and financial advisors.
Collaborate with internal teams to ensure bankable project agreements and structures.
Risk & Compliance:Mitigate financial, regulatory, and political risks in project and finance documentation.
Ensure compliance with KSA regulations and international standards (e.g., ESG frameworks).
Strategy:Identify financing trends and capital origination opportunities in energy transition/water sectors across KSA and the GCC.
Advise the CEO, CIO and othersenior leadershipon optimal financing and funding strategy options.
TeamLeadership:Pro-actively seek to improve team effectiveness, tools and processes.
Contribute to the growth of the Financing & Investments function in line with overall business opportunities.
Mentor and develop junior team members.
About you
In order to succeed in this role, you will have the following…
Title: Project Finance Lead
Company: Nesma Renewable Energy
Location: Jeddah, Saudi Arabia
Category: Finance & Banking, Management