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.