Manager - Financial Modelling & Capital Raising, Carbon Business

ReNew is seeking a Manager for Financial Modelling & Capital Raising in their Carbon Business, located in Gurugram, India. The role involves building financial models, supporting capital raising efforts, managing investor interactions, and preparing strategic presentations. Candidates should have at least 8 years of relevant experience in financial modelling and investment, with a preference for those with a CFA or carbon finance background. This is a full-time position.
ReNew’s Carbon Business

ReNew’s carbon business develops, funds and operates projects in India and internationally that generate carbon certificates by avoiding, reducing or removing greenhouse gases from the atmosphere.

As part of the ReNew group, a Nasdaq-listed company backed by marquee institutional investors, ReNew’s carbon business brings to carbon project development the standards and best-practices of a large and experienced decarbonization infrastructure group. We are a responsible carbon developer, seeking to produce carbon certificates with the highest environmental integrity and social impact and aligned with the principles of the Paris Agreement. Once awarded the carbon credits, ReNew sell them to corporates aiming to voluntarily reduce their emissions and to governments, corporations and airlines, that, by regulation, must reduce emissions.

We have a sizable, international, and fast-growing portfolio of carbon projects across four areas, namely clean energy, clean cooking, Nature Based Solutions and engineering-based removals, are rapidly expanding our business, and looking for ambitious and entrepreneurial professionals committed to shaping global carbon markets.

Key Responsibilities

1. Financial Modelling
• Build and manage financial models for all carbon business investments across various carbon credit-generating projects and regions.
• Maintain and refine existing models in close coordination with the Origination, Sales, and Finance teams.
• Review, validate, and perform quality checks on financial models submitted by third parties or partners.

2. Capital Raise and Co-investment
• Support leadership in raising third-party capital (equity or debt) for carbon projects.
• Identify and engage with potential co-investors and lenders.
• Manage investor interactions including data room preparation, term sheet negotiation, and co-investment procurement processes.
• Prepare and negotiate investment documents and definitive agreements.

3. Grant Mobilization and Blended Finance
• Support leadership in identifying and engaging with domestic and international grant providers for carbon projects.
• Manage grant-related processes including data rooms, procurement, and structuring of blended finance mechanisms.
• Prepare and negotiate term sheets and definitive agreements.

4. Strategic Presentations
• Prepare high-quality presentations for internal and external stakeholders, covering project financials, investment rationale, and pitches to support investment decisions and fundraising initiatives.

Minimum Requirements:
• At least 8 years of demonstrable experience in (i) financial modelling and (ii) M&A or investment experience acquired in a top consulting firm, investment bank, multilateral bank, or investment firm.
• Bachelor and Master in relevant fields, such as business and finance.

Experience that would be a differentiator:
• CFA would be a differentiator.
• Previous experience in carbon-related investments would be a differentiator.
• Interest in carbon finance/sustainable finance.
• Able to operate independently in an entrepreneurial environment