Assistant Manager – Project Finance (Renewable Energy / Infrastructure)

HYGENCO - The Hydrogen Company is hiring an Assistant Manager – Project Finance for renewable energy and infrastructure projects in Gurugram, Haryana, India. The role involves financial modeling, debt raising, lender coordination, and compliance throughout the financing process. Candidates should have a strong understanding of project finance, banking processes, and hands-on experience in renewable energy projects, along with relevant qualifications and 2-5 years of experience.
About the Role

We are seeking a dynamic and result-oriented Assistant Manager – Project Finance to support financing activities for renewable energy and infrastructure projects. The incumbent will play a key role in financial modelling, debt raising, financial closure, lender coordination, and compliance with financing requirements from project conception through loan disbursement.

The ideal candidate should possess a strong understanding of project finance structures, banking processes, and infrastructure financing, with hands-on experience in renewable energy projects.




Key Responsibilities

Project Finance & Financial Modelling

Develop and maintain comprehensive financial models for renewable energy and infrastructure projects.Prepare detailed project financial projections, including Profit & Loss Statements, Balance Sheets, Cash Flow Statements, IRR, Equity IRR, Project IRR, DSCR, LLCR, PLCR, NPV, break-even analysis, and sensitivity scenarios.Evaluate project viability and bankability based on technical and commercial assumptions.Support bid evaluations and investment decisions through financial analysis.Debt Raising & Financial Closure

Prepare Information Memorandums, financing proposals, CMA data, and other documents for debt syndication.Coordinate with banks, financial institutions, NBFCs, multilateral agencies, and infrastructure funds for project financing.Support debt structuring, term sheet negotiations, sanction discussions, and financial closure.Assist in refinancing and working capital arrangements for operational assets.Lender Coordination & Compliance

Liaise with lenders, legal counsel, technical consultants, insurance advisors, Independent Engineers, and Chartered Accountants throughout the financing process.Ensure timely fulfilment of all Conditions Precedent (CPs) and pre-disbursement conditions for loan drawdowns.Coordinate execution of financing documents, security creation, escrow arrangements, and charge registration.Monitor post-disbursement lender covenants, reporting obligations, and compliance requirements.Project Documentation & Due Diligence

Coordinate lender due diligence covering technical, legal, financial, insurance, environmental, and regulatory aspects.Review concession agreements, EPC contracts, O&M agreements, Power Purchase Agreements (PPAs), land documents, and project approvals from a financing perspective.Maintain complete project finance documentation and financing trackers.Financial Reporting & Stakeholder Management

Prepare periodic MIS, lender reports, utilization certificates, and management presentations.Provide financial inputs for Board presentations, investment committee notes, and investor discussions.Coordinate with Business Development, Engineering, Projects, Legal, Secretarial, Taxation, and Accounts teams to achieve timely project financial closure.Qualifications

MBA (Finance), CA Inter, CMA, CFA, or equivalent professional qualification.Bachelor's degree in Commerce, Finance, Economics, Engineering, or Business Administration.Experience

2–5 years of experience in Project Finance, Corporate Finance, Infrastructure Finance, or Renewable Energy Financing.Experience with renewable energy developers, EPC companies, infrastructure developers, power sector companies, NBFCs, banks, or financial advisory firms will be preferred.Technical Skills

Advanced Financial Modelling in Microsoft Excel.Strong understanding of Project Finance and Infrastructure Financing.Experience in the preparation of bankable financial models.Knowledge of debt structuring, term loans, consortium lending, and project appraisal.Experience in preparing CMA Data and financing proposals.Familiarity with Power Purchase Agreements (PPA), EPC Contracts, O&M Agreements, and project financing documentation.Understanding of RBI guidelines, banking processes, and lender documentation.Proficiency in Microsoft PowerPoint and ERP systems (SAP/Oracle or equivalent).Preferred Exposure

Candidates with experience in financing projects involving:

Solar PV (Utility Scale & C&I)Wind Power ProjectsHybrid Renewable ProjectsBattery Energy Storage Systems (BESS)Transmission & Distribution ProjectsRoads, Metro, Water, or other Infrastructure Projectswill be preferred.

Key Performance Indicators (KPIs)

Timely completion of financial models and investment analyses.Successful submission and approval of financing proposals.Achievement of project financial closure within scheduled timelines.Timely compliance with lender Conditions Precedent (CPs) and pre-disbursement requirements.Accuracy and quality of financial models and lender documentation.Effective coordination with lenders and cross-functional teams.Compliance with financing covenants and reporting requirements.