Finance Manager to Renewables
OX2
At OX2, you work for a professional and ambitious company that is committed to accelerating access to renewable energy to speed up the transition to clean energy. We are a values-driven organization, meaning our values are at the core of our business and form the basis of how we act.
The Project Finance Team
The Project Finance team at OX2 is part of the Chief Investment Officer Organization and at the core of our journey to fund the construction of projects reaching a Final Invesment Decision and become a hybrid independent power producer. The team has six members currently and reports to the Head of Project Finance.
Project Finance Manager
The Project Finance Manager will play a crucial role in managing project finance processes from origination to execution, which encompasses relationship management with lenders, transaction structuring, financial modelling supervision and negotiations. You will be located at OX2's Stockholm office at Lilla Nygatan 1. This role requires in-depth knowledge of available financing solutions, as well as a strong understanding of credit structuring, financial modeling and project evaluation, and process management, preferably within the renewable energy industry.
Key Responsibilities:
- Manage relationships with commercial lenders, multilateral lenders and advisors.
- Manage the financing process leading to projects reaching a Final Investment Decision from initial outreach, process preparation, due diligence, to negotiations and internal approvals.
- Supervise financial analysis and modeling to evaluate the profitability and feasibility of potential projects.
- Participate in and contribute to negotiations with lenders.
- Collaborate effectively with the Investments, Offtake, Engineering, Procurement, Construction teams.
- Present transactions to internal clients such as OX2’s Leadership Team and Board of Directors as part of OX2’s internal approval process.
- Maintain a strong understanding of the renewable energy market, including advancements in technology, changes in policy, emerging trends.
- Assess the financing impact of regulatory changes and market trends on ongoing and future projects.
Skills and Qualifications
- Master's degree in finance, Accounting, Economics, or a related field.
- Minimum of 6 years of experience in corporate finance and project finance, preferably within the renewable energy sector.
- Proven experience in financial modeling, project evaluation, and financing.
- Strong quantitative, analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Ability to work collaboratively in a fast-paced, dynamic environment.
- Knowledge of financial regulations and environmental standards related to the financing of renewable energy projects.
- Experience as a project finance borrower or lender, preferably within a bank, investment fund, or other Independent Power Producer (IPP).
- Detail-oriented, with the ability to open spreadsheets and go line by line for quality checks.
- Early exposure to structuring and negotiating transactions, with experience supporting senior colleagues.
- Process management skills, including market analysis, term sheet preparation, due diligence, and financial close.
- Ability to satisfy lenders' requirements and provide answers to their questions, involving the right people as needed.
- Early experience with agreements, negotiations, and achieving successful outcomes.
Why join OX2
A role as Project Finance Manager will offer the right person a challenging, ambitious and important role in the heart of the organization. Other benefits we can offer you:
• A truly international company
• A knowledgeable team of experts and an energetic, fun workplace located at the center of Stockholm.
• A great compensation and benefits package including for example: 5000 SEK per year in wellness allowance, 30 days paid vacation and a competitive pension plan.
The Recruitment Process
We will review applications continuously and we are ready to move quickly with the right candidate - so do not hesitate to send in your application as soon as possible. Interviews to be held at OX2 Stockholms office at Lilla Nygatan 1.
About OX2
OX2 develops, constructs, sells, owns, and operates renewable energy solutions at scale. OX2’s project development portfolio consists of in-house development as well as acquired projects in onshore and offshore wind, solar, and energy storage, in various phases of development. OX2 operates across Europe and in Australia. The company has about 500 employees and is headquartered in Stockholm, Sweden. OX2 is owned by EQT, one of the world’s largest private equity investors. www.ox2.com
- Remote status
- Hybrid
Stockholm
About OX2
OX2 develops, constructs, sells, owns, and operates renewable energy solutions at scale. OX2’s project development portfolio consists of in-house developed as well as acquired projects in onshore and offshore wind, solar, and energy storage, in various phases of development. The company is also active in developing projects based on other renewable energy technologies, such as hydrogen. OX2 operates on ten markets in Europe and in Australia. The company has about 500 employees and is headquartered in Stockholm, Sweden. OX2 is owned by EQT, one of the world’s largest private equity investors.
For more information visit: www.ox2.com
Finance Manager to Renewables
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