VP – Asset Manager – PFI & Renewables Fund recruitment

 Role purpose

• Asset management of designated infrastructure equity investments managed by

the fund

• Shareholder nominee Board Director responsibilities on designated portfolio assets

• Contribution to fund reporting and valuation requirements

• Contribution to strategic decisions concerning individual portfolio assets, portfolio

actions and execution

• Input to new investment initiatives and transaction origination where applicable

Responsibility:

Take responsibility for management of (part) of the investor portfolio of NIP assets and to

execute its strategy of adding value to acquired assets.

(1) Support transaction team during investment process:

• Advise transaction team on execution issues (e.g. cost of AM, synergies, corporate

governance issues)

• Monitor “post signing” conditions subsequent and payment triggers, warranties etc.

• Support in selection of OM and TCMA (tender process, pricing, scope of work) to

allow for an efficient hand over to AM

• Participate in identification of key risk areas and plan mitigating factors in execution

• Review post acquisition management structure at asset level

(2) Take-over of the assets post acquisition and be responsible for the day-to-day

management up to the point of disposal:

• Proactively act to add value to each asset with the base objective of increasing

shareholder value

• Establish internal controls on spending, indebtedness and other matters

• Implement management and the SPV structure as required at the level of the

operating asset

• Arrange the acquisition of a project operating model or company asset model and

manage the build, review and audit process

• Manage Public and Private sector client relationships by attending contractual

meetings and other forms of general contact

• Manage relationships involved with complex projects to ensure the projects are

managed in accordance with the obligations of the contractual documents, Health

Safety procedures and due corporate governance

• Review project documents e.g. Technical DD reports and attend site visits

• Identify, manage and mitigate any risks identified

• Provide project and asset contract management (where required) with investment

team to: -

o Improve operating performance of assets

o Supervise build-up of asset portfolio

o Support or project manage renegotiation of project agreements

• Co-represent NIP with members of the transaction team in supervisory/non-ex board

positions at SPV levels

• Interact directly with SPV company management (CEOs, project managers, etc.)

• Regularly review (and implement improvements as required) of cash management,

insurances, lifecycle funds, tax structure optimisation and bank financing

arrangements

• Support search for expansion opportunities

(3) Asset disposal:

• Support preparation of disposal process (e.g. documentation, tax issues for exit)

• Support DD process (most importantly investors’ QA)

• Manage execution of disposals and transaction execution/payments

Skill set:

Experience of managing infrastructure and/or renewable energy assets in Europe within an

infrastructure or industrial sponsor environment. The candidate should have at least three to

five years experience as a senior manager in portfolio or asset management.

Engineering experience and understanding of energy asset operations and contracts to

complement the existing team would be positive, with an understanding of complex financial

models being preferred.