Loan origination
- Ensuring the Company has for all its projects in all countries at least one lender as source of project debt financing
- Origination of new project finance loans for the company
- Answering queries from lenders on their proposals
- Obtaining Term sheets and negotiation with lenders
- Negotiating, reviewing, drafting and executing loan agreements & addendums
- Dealing with lenders on due diligence, negotiations, documentation processing and managing compliance and reporting
Loan compliance
- Coordinating & executing the necessary requirements for loan disbursement from lenders and their various transaction advisors incl. technical, financial & legal
- Support the Group CFO on periodic management reporting and analysis for top management/ Board
- Communicate with other departments to obtain deliverables to banks (reporting, CP, CS)
- Provide monthly updates on loan compliance for the management update report “MIS”
- Provide quarterly updates on loan origination and loan compliance for the performance committee
- Making sure that company meets all Conditions Precendent requirements for all ongoing loans
- Making sure company follows the loan agreement in all aspects and is compliant at all times and reports to management ahead of any compliance risk and suggests proper mitigation measures
- Ensure compliant, smooth and fast drawdown of company loans
- Support in PPA negotiation with potential off-takers to ensure compliance with loan agreement
- Provide for internal Project Approvals the analysis of the PPA with the project offtaker a comparison to the standard template as approved by the lenders and the PPA checklist with support from the legal advisors where required
- Interact with other departments (Business Development, Construction, Permitting) to obtail necessary documents which are required for the drawdown of loans (CP) and to maintain compliant (such as ongoing reports)
- Prepare cash forecast for each project based on the approved financial model to determine cash requirements from Company and other equity partners (where applicable) and include these project requirements accurately in the monthly Cash Forecast including debt raise amounts
- Distribution forecasts for all projects while meeting the loan covenants