Junior Asset Manager - Investment

NEC Investment Management · London, Greater London
Department NEC Investment Management
Employment Type Regular Employee (Full-Time)
Minimum Experience Mid-level

ROLE PROFILE

Internal Title:   Technical Analyst

Terms:              Full time

Location:          Savile Row, London W1

THE COMPANY                 

 

NextEnergy Capital (NEC) was founded in 2007 to become the leading investment and operating asset manager in the solar sector.  Since our inception, we’ve been active in the development, construction and ownership of solar assets.  We currently have solar AUM of US$2.9bn, across three investment vehicles.  We manage two private equity funds: NextPower II and NextPower III; and a listed investment company - NextEnergy Solar Fund Limited; and we’re preparing several additional products.

NextPower II is a private equity fund investing in operating solar power plants, focused on Italy.  Its strategy is to consolidate the substantial, highly fragmented Italian solar market. It has commitments of €232 million, secured from Prudential Assurance Company, a subsidiary of M&G Prudential, a leading institutional investor with more than £360+ billion of assets under management, and including Pantheon, an experienced investor in infrastructure, private equity and real assets with over US$50 billion in AUM.  NextPower II currently owns 104 solar plants in Italy comprising c.149MWp and is among the ten largest solar asset owners in Italy.

NextPower III is a private equity fund established to invest in the international solar sector, specifically to fund the construction and long-term ownership of solar power plants.  Its target markets comprise mainly OECD and OECD Key Partner countries.  It has commitments of c.US$535m, secured at its latest close in September 2021, and a target size of US$750m.

NextEnergy Solar Fund is a listed investment company that invests in operating solar power plants mainly in the UK.  It currently owns 893MWp spread among 91 assets in the UK and 8 in Italy (and 1 international private vehicle), comprising a gross asset value of c.£1.06bn.  NESF has raised equity proceeds of c.£792m (including £200m preference shares) since its initial public offering on the main market of the London Stock Exchange in April 2014.  At present, it is the largest listed solar energy fund on the London Stock Exchange (ticker: NESF.L) and in all of Europe.

In addition, NEC is active in solar operating asset management through WiseEnergy, the leading specialist operating asset manager in the solar sector.  Since its founding, WiseEnergy has provided solar asset management, monitoring and technical due diligence services to over 1,300+ utility-scale solar power plants with an installed capacity in excess of 2,200MWp.  WiseEnergy’s clients comprise leading debt and equity financiers to the solar sector.

Further information on NEC, WiseEnergy and NESF is available at www.nextenergycapital.com, www.wise-energy.eu and www.nextenergysolarfund.com.


THE ROLE

You will join us as an Technical Analyst, reporting to VP and working with staff who are involved in both execution of new and exciting transactions. This role offers the opportunity to experience many facets of our extremely successful business, which is at the forefront of renewable investment. We are expanding globally, so you’ll be close to the action and given as much responsibility as you can handle – the environment is fast paced, lively, fun and progressive, and the team is dynamic, international and strongly multicultural.

  • Conduct due diligence on potential solar sites, evaluate the suitability of identified sites and participate in due diligence review, analysis of various reports (i.e. energy yield assessment, environmental, geo-tech, etc.)
  • Assist with the development of internal operating policies, standards and procedures
  • Ensure project quality control by conducting on-site inspections as needed, coordinating third party independent engineers
  • Review design drawings and engineering deliverables from EPC contractors to prioritize critical areas for further engineering review
  • Coordinate with EPC contractors and equipment vendors to ensure adherence to compliance regulations, contract terms and deliverables
  • Interface with internal functions such as Investment Team, Portfolio Management Team, Asset Management Team, Legal Team


ABOUT YOU

To be successful in the role, you’ll need to:

  • Be an Electrical/Mechanical/Energy Engineer with relevant professional experience
  • Be able to read relevant documentation such as As-Built Drawings, Commissioning Documentation, PPAs, Connection Agreements
  • Liaise with the Technical Advisor for the assessment of projects
  • Negotiate with EPCs, O&Ms, AMs
  • Have knowledge of Solar PV or other renewables operations
  • Have 3 to 5 years of experience managing renewable assets, preferably solar and in the European market
  • Have visited and technically audited solar farms
  • Have a valid driving license
  • Fluent in PVsyst, SolaGIS, CAD, Microsoft Word, Excel, and PowerPoint
  • Be highly pro-active, possessing strong critical thinking and problem-solving skills
  • Be driven by intellectual curiosity and the desire to succeed
  • Be a committed team player with the ability to multi-task, use initiative and perform well under pressure
  • Be fluent in English, and exhibit excellent interpersonal and communication skills – both written and verbal. Fluency in a second language is advantageous
  • Have the legal right to work in the UK for the length of this assignment
  • Share our passion and mission for ‘generating a more sustainable future by leading the transition to clean energy’
  • Want to live our values of: be a leader, build trust, be responsible, be innovative and bring your alpha



BENEFITS                           

 

Remuneration and benefits for the role will include:

  • Competitive basic salary depending on experience, plus discretionary annual bonus;
  • Private medical for the employee and his/her family;
  • Pension;
  • 30 days’ annual leave, plus public holidays;
  • The opportunity to be part of a globally growing company and have a positive impact on the world.

 

Thank You

Your application was submitted successfully.

  • Location
    London, Greater London
  • Department
    NEC Investment Management
  • Employment Type
    Regular Employee (Full-Time)
  • Minimum Experience
    Mid-level