Structured Finance Associate

We are working with a fast-growing European Independent Power Producer (IPP) looking to appoint a Structured Finance Associate to its team in Milan.

The business develops, invests in, finances, owns and operates renewable energy assets across multiple European markets, with a growing portfolio across solar, wind and battery energy storage (BESS) .

The Structured Finance Associate will play a key role in arranging and executing financing solutions across the company's development and operational portfolio. Working closely with the investment, M&A, development and finance teams, the successful candidate will have significant exposure to lenders, institutional investors, advisers and senior management.

This is an attractive opportunity for someone looking to move into a principal-side environment and take greater ownership of financing transactions across the full project lifecycle.

Key Responsibilities

• Support the structuring, execution and closing of project finance and structured finance transactions across renewable energy and BESS projects.

• Build, maintain and review detailed financial models covering debt sizing, project returns, sensitivities and financing scenarios.

• Evaluate different financing structures, including:

• Senior project finance debt

• Construction financing

• Acquisition financing

• HoldCo and portfolio financing

• Refinancing

• Bridge facilities

• Corporate and structured debt solutions

• Support negotiations with commercial banks, infrastructure debt funds and other financing institutions.

• Prepare lender materials, financing presentations, information packs and internal investment papers.

• Manage and coordinate financing due diligence across technical, legal, tax, insurance and commercial workstreams.

• Review and support the negotiation of term sheets, facility agreements and other financing documentation.

• Work closely with internal M&A and investment teams to assess financing assumptions for acquisitions and new investment opportunities.

• Support the financing of projects from development through construction and into operations.

• Analyse project economics, including power price assumptions, PPAs, merchant exposure, CAPEX, OPEX and debt capacity.

• Monitor existing financing arrangements, covenant compliance and refinancing opportunities across the operating portfolio.

• Develop and maintain relationships with European banks, debt funds, advisers and other financing partners.

• Support senior management in developing the group's broader financing and capital structure strategy.

Candidate Profile

The successful candidate will ideally have:

• Approximately 3–6 years' relevant experience within project finance, structured finance, infrastructure finance or renewable energy.

• Experience gained within an IPP, renewable energy developer, infrastructure investor, investment bank, commercial bank, debt fund or financial advisory business .

• Strong financial modelling capabilities and confidence working with complex project finance models.

• Previous transaction experience within renewable energy, power or infrastructure .

• Understanding of project finance structures, debt sizing, DSCR, sensitivities and project-level cash flows.

• Exposure to financing documentation and lender due diligence processes.

• Strong analytical and commercial judgement.

• Ability to manage several transaction workstreams simultaneously.

• Strong communication skills and confidence interacting with lenders, advisers and senior internal stakeholders.

• A proactive and entrepreneurial mindset suited to a growing IPP environment.

• Fluent English; Italian language skills would be highly advantageous.

Preferred Sector Experience

Experience across one or more of the following would be particularly relevant:

• Solar PV

• Onshore Wind

• Battery Energy Storage Systems (BESS)

• Hybrid renewable projects

• Power & Energy Infrastructure