Associate – Clean Energy

OUR CLEAN ENERGY BUSINESS:

Our Clean Energy team makes direct equity investments in carbon-reducing renewable energy, from late-stage development through to commercial operations. Capital Dynamics is one of the largest managers of UK onshore wind assets and subsidy-free solar PV in Europe, and our portfolio's reach extends deep into the Spanish, Italian and German markets. We focus on de-risking projects as they exit development and optimising performance and capital structure through to commercial operations.

THE OPPORTUNITY:

We're looking for a driven, commercially sharp Associate to join our Clean Energy Investment team, based in either London or Madrid. Reporting to a Director, you'll be a core member of the deal team — involved across the full investment lifecycle, from origination and due diligence through to execution, financing, and post-acquisition asset management.

You'll build the financial models and investment committee materials that shape live decisions, support ongoing valuations and investor reporting, and work closely with stakeholders across the fund - consultants, advisors and investment committees among them. Because our portfolio spans Spain, Italy and Germany, your language skills won't just sit on your CV; you'll use them to engage directly with markets, counterparties and colleagues across Continental Europe.

LANGUAGE REQUIREMENT — ESSENTIAL This role requires fluency in English plus one of: German or Spanish. Our Clean Energy portfolio spans Spanish, Italian and German or broader markets, so this is a genuine day-to-day requirement of the role, not a nice-to-have - candidates who don't meet it won't be able to progress.

WHAT YOU'LL OWN:

• Lead the build of automated financial models and run financial sensitivities to inform deal decisions.
• Draft investment committee memoranda that directly shape live investment decisions.
• Support due diligence on acquisitions and the execution process on divestitures.
• Support the financing activities of investments across the portfolio.
• Conduct market analysis and research - including across the Spanish, Italian and German markets - to inform the team's investment decisions.
• Partner with the Asset Management team to monitor and optimise investment performance post-acquisition.
• Run scenario and sensitivity analysis to appraise projects under different performance conditions.
• Represent the team at meetings, conferences and internal discussions.
• Work with the Business Development and Product Development & Strategy teams to respond to investor requests.

WHAT WE ARE LOOKING FOR:

Experience & Technical Skills

• A demonstrable track record in clean energy infrastructure, renewable energy, BESS and/or data centre deals in Europe, with strong knowledge of the Spanish, Italian and German markets.
• Good understanding of accounting, finance and company valuation; asset management exposure is a plus.
• Comfortable with core financial methodologies - leveraged buyout, forecast analysis, financial statement analysis and discounted cash flow analysis.
• Extensive practical financial modelling experience, including modelling of debt financing.
• Working knowledge of financial analysis ratios such as yield, IRR and NPV.
• Good working knowledge of the support frameworks for renewables.
• Comfortable using AI tools and large language models to accelerate market research, first-pass analysis and document drafting, with sound judgement on where human review is essential.

Education & Qualifications

• Minimum 2:1 degree (or international equivalent) in Business, Finance, Responsible Investment, Renewable Energy or a related field.
• Exceptional proficiency in MS Word, PowerPoint and Excel.
• A keen interest in Responsible Investment and frameworks such as the UN Sustainable Development Goals, or a genuine willingness to learn.

Languages

• Essential — Fluent English with excellent writing skills, plus fluency in German, Spanish or Italian.
• Desirable — Proficiency in a further European language, preferably Polish, Danish, Finnish or Swedish, etc.

You'll Also Bring

• Highly developed analytical skills and the confidence to work on your own initiative.
• The ability to work accurately under pressure in a fast-moving environment.
• Strong organisational skills and exceptional attention to detail.
• The ability to produce high-quality presentation materials.
• A team-oriented, problem-solving, results-focused mindset.
• Articulate, balanced and cogent verbal and written communication.