Investment Analyst, CAPE TOWN

African Rainbow Energy – Investment Analyst

JOB TITLE: Private Equity Analyst

Location: CAPE TOWN

EXPERIENCE:

2 – 3 years relevant financial modelling and financial/investment analysis experience with an audit firm, investment/engineering/actuarial advisory firm, or Investment Bank.

QUALIFICATIONS:

Undergraduate degree in Accounting, Actuarial, Business, Mathematical Finance or Engineering combined with Business degree (or equivalent) OR Minimum B. Com Honours/CTA/CA (SA) (NQF level 8). Strong academic record.

COST TO COMPANY:

Circa R700 K – R1M. The CTC is market related and based on profile, background and experience.

Our client, an established and prestigious Private Equity player in Southern Africa, is looking to appoint an Analyst to work directly with their CIO and the broader African Rainbow Energy team, focusing on Renewable Energy. They are looking for a young, dynamic, hardworking and results-driven person with strong problem-solving abilities and a proven track record in building and maintaining complex financial models. A background in valuations and project finance is advantageous but not critical.

This exciting role will afford the successful candidate the opportunity to position themselves at the center of an energy platform with significant growth aspirations. The business has a strong existing portfolio of investments and committed financial backing to execute on its expansion strategy.

This is a fantastic opportunity with a well-funded and proven team of professionals looking to onboard a new team member who wants to join in and be part of their success story.

AFRICAN RAINBOW ENERGY OVERVIEW:

African Rainbow Energy (AREF) is a leading renewables platform with the primary objective of building a modern utility of scale based in South Africa, active across the full energy value chain (including investment into private transmission and grid infrastructure). AREF is a permanent capital vehicle established between African Rainbow Energy and Power (AREP) and Absa Bank Limited (Absa), with the platform seeking to take controlling interest in platforms and projects it invests in and actively participating across the value chain. Currently, AREF is predominantly focused on South Africa, and selectively active in SADC and Sub-Saharan Africa as suitable opportunities arise.

The fund is currently invested in a diversified renewables portfolio of over 1.1GW of REIPPP and C&I private sector offtake projects, and actively working towards closing a large scale battery storage project of c. 150MW by mid-2025.

OVERVIEW OF THE ROLE:

The individual will be a member of the African Rainbow Energy investment and finance team focusing predominantly on renewable energy investments and providing extensive financial modelling and analysis support to the broader African Rainbow Energy team, as required. This team will identify and evaluate various investment opportunities across the energy sector (predominantly renewables) for investment by the Fund, present such opportunities for approval to the investment committee and board, and continue to structure, finance and execute such transactions to maximise returns to the Fund and then continue to monitor such investments on an ongoing basis.

The role will actively involve the development and maintenance of critical financial and investment modelling tools, including amongst others, (i) AREF corporate model, (ii) portfolio and fund valuation models, (iii) acquisition modelling and evaluation, and (iv) project equity models for advanced stage pipeline projects etc.