Senior Project Finance Analyst

Key Responsibilities Financial Modelling and Valuation Build, maintain and audit financial models for projects in development, construction and operation across PV, BESS and wind, from project-level to SPV and portfolio level. Model technology-specific revenue and cost drivers: merchant and PPA prices, capture-price and curtailment assumptions for PV and wind; capacity-market, MACSE and arbitrage/ancillary revenues, degradation and augmentation for BESS. Run sensitivity and scenario analyses (energy prices, production, capex, opex, financing terms) and produce investment papers and IRR/NPV/payback analysis for management and the Investment Committee. Maintain budgets, business plans and long-term forecasts for Italian assets in coordination with the Asset Manager. M A and Transaction Execution Support the acquisition of authorised development projects and SPVs: valuation, bid preparation, purchase price mechanics, adjustments and earn-outs. Coordinate financial due diligence with advisors and review key findings, including permits, grid connection, land and contractual risk with a financial impact. Support negotiation of SPA and related agreements from a financial standpoint, together with Legal. Manage the closing and post-closing financial workstreams, and the integration of acquired SPVs into Group models and reporting. Project Financing and Banking Relationships Structure and execute project-finance, construction and refinancing transactions for PV, BESS and wind assets. Prepare financing materials and lender models; manage the bank selection process, term-sheet comparison and negotiation of key financial terms (margin, gearing, tenor, DSCR, reserve accounts, hedging, guarantees). Manage relationships with Italian and international banks, institutional lenders and financial advisors, and coordinate lenders' technical, legal and model auditors. Support drawdown, conditions-precedent and covenant calculations during construction and operation, in coordination with Group Finance. Market Intelligence and Support to Group Monitor Italian market, regulatory and financing trends (energy prices, auction and capacity schemes, tax and incentive rules, bank appetite and pricing) and translate them into model assumptions. Provide financial inputs to Group Finance for consolidation, audit and tax needs; treasury, accounting and statutory filings remain with the Spanish team.