Investment Director​/Manager, Energy Access & Efficiency, FTC

About BII

British International Investment is the UK’s development finance institution, owned by the UK Government. With a mission to solve the biggest global development challenges, we aim to create a virtuous circle of investment and impact. Your contribution will be essential.

It won’t be easy: we do the hardest work in the most complex markets. Be prepared to test your skills, get creative and say your piece as you take on high-profile work as part of a diverse team of exceptionally smart, passionate people.

In return, you can take your career to all-new places in a culture that rewards curiosity and collaboration, and balances high performance with wellbeing.

BII at a glance

Over 75 yearssupporting sustainable business growth in developing and emerging markets

More than £8.8 billion in net assests

1,400+businesses invested in

950,000workers in the businesses we support

650+people in our diverse global team

Team and role overview

• BII actively invests to promote energy access in line with SDG 7 and climate action in line with SDG 13 through decentralised energy and resource efficiency (e.g., energy and water) solutions. BII’s Energy Access and Efficiency (EAE) team is part of BII’s broader Infrastructure and Climate Group (ICG), which also includes equity, project finance and intermediated investment teams.
• The EAE team provides debt products to businesses that deliver decentralized renewable energy (DRE) such as solar home systems, commercial and industrial (C&I) solar installations and mini-grids. The team also lends to promote innovative resource efficiency solutions that substitute fossil fuels with renewable sources of power generation, enable energy efficiency, including through electric vehicle adoption, clean cooking solutions as well as water conservation.
  
  The EAE team can provide direct lending or indirect lending solutions through guarantee structures to catalyse commercial bank lending or investments in dedicated debt funds, including in local currency.
• In addition to investing in catalytic transactions, the EAE team supports sector sustainability by partnering with likeminded stakeholders to promote industry-wide initiatives, disseminating knowledge through innovative research and analysis and speaking at conferences and other industry fora.
• The EAE team is also the focal point for Kinetic transactions for the Infrastructure and Climate vertical and manages the £ 240m FCDO Climate Innovation Facility (CIF). The primary objective of the funding is to seed innovative business models and/or investment vehicles in nascent markets to support the viability of more inclusive and sustainable economies by using concessional capital in blended structures (i.e., in the form of grants or sub-commercial financing terms).
  
  For these more innovative investments and technologies – particularly in nascent climate-related markets – concessional capital is crucial to addressing the higher risks and costs faced by first movers to crowd-in private capital and deliver transformative outcomes. The EAE team’s Kinetic responsibilities include:
  1) providing strategic oversight for CIF across BII, including but not limited to setting portfolio construction objectives, pipeline prioritization and monitoring and deployment of capital in line with strategy; and
  2) supporting the execution of Kinetic transactions across ICG in collaboration with investment teams.
• The EAE team is currently composed of eight professionals and plans to grow to further in the near term. The Head of Energy Access and Efficiency (the “Team Head”) leads the team.

Purpose

• The Investment Director/Manager (the “Director/Manager”) will be part of the EAE team and will play a key role in expanding BII’s capacity to deliver high-quality, impactful debt investments in the energy access and resource efficiency space.
• The Director/Manager will be expected to lead and coordinate transaction work (i.e., deal selection, due diligence, structuring, negotiation, monitoring) and manage internal deal teams as well as external relationships with clients, other lenders, advisors, etc.

Responsibilit…