Associate - Project Finance & KfW Financing - Investment Management

We are working with a leading European renewable energy investment fund on an Associate hire for their German investment team in Munich. The group has put well over €10bn into the energy transition over the last two decades, manages a 10 GW+ portfolio across Europe and the Americas, and is currently raising a €3bn+ flagship fund. Germany is their biggest market. The local platform has a 3 GW+ pipeline in advanced development, more than 1 GW already built or under construction, and 200+ people across six offices. The role You will work on the financing side of wind and solar projects in Germany, with a strong focus on KfW and other public development bank programmes. This is a junior seat with real exposure: you will sit close to the deals, from structuring the debt to financial close, and also help on the equity side of new investments. What you'll do Structure and execute project financings for German wind and solar assets, from term sheet to financial close and drawdown Work on KfW-backed and other promotional loan programmes (applications, conditions, bank coordination) Build and update project finance models (debt sizing, DSCR, cash flow waterfalls, sensitivities) Support equity work on new acquisitions: valuation, due diligence and investment committee papers Coordinate banks, lenders and legal, technical and tax advisers Prepare financing documentation and manage data rooms What we're looking for 2 to 3 years in project finance, infrastructure debt or renewables, at a bank, development bank, advisory firm, developer or fund Hands-on experience with KfW financing or other public development bank funding in Germany Some exposure to equity investments or M&A is a strong plus Solid modelling skills and a good grasp of financing structures and cash flows Fluent German (you will work and negotiate in German) and good English Based in Germany or happy to relocate to Munich What's on offer Competitive base plus bonus, 30 days holiday, company pension Flexible hours and mobile working Training budget and a clear path to Senior Associate Relocation support if needed Interested or know someone who fits? Drop me a message or send your CV. All conversations are treated in strict confidence.