Analyst - Infrastructure & Energy Finance

Natixis CIB is seeking an Senior Analyst professional to contribute to the origination and execution of infrastructure and real assets financings - including project finance, asset-backed structures, and corporate debt - as well as the coverage of real assets clients. The position is based in Madrid and covers both the Spain & Portugal markets. You will join the Real Assets - Infrastructure Finance Spain team in Madrid

Natixis CIB is the Corporate & Investment Banking division of BPCE Group, France's second-largest banking group, present in more than 40 countries with over 100,000 employees. Natixis CIB is recognised for its global expertise in energy, infrastructure, real estate, transportation, telecom & technology, healthcare and insurance, and is committed to becoming a reference player in the energy transition and sustainable finance.

The Iberian team builds and maintains long-term relationships with leading Spanish and Portuguese corporates, originating and structuring transactions across the full Investment Banking product suite: M&A, DCM, ECM, Global Markets, Infrastructure & Acquisition Finance, and Global Trade.

Working closely with all the members of the Madrid team and ultimately reporting to the Head of Infrastructure & Energy Finance in Madrid, you will support the origination, structuring and execution of project finance transactions. Your responsibilities will include:

• Assist the Natixis Madrid team in the financing of transactions across all infrastructure sectors (Renewables, Telecom, Transport, PPP) in the Iberian Peninsula.
• Structure project finance transactions: develop and maintain detailed financial models, perform bankability and sensitivity analyses, and prepare credit files for internal committees.
• Draft and process internal credit applications in coordination with different business lines (coverage, portfolio, syndication).
• Analyze and assess projects and sponsors, including financial strength, business plans and overall risk profile.
• Review and comment on financing terms and conditions (pricing, covenants, security package, documentation).
• Coordinate and analyze due diligence (technical, financial, legal, commercial, ESG) to identify and mitigate key risks.
• Prepare pitch books and marketing materials to support origination and secure financing mandates.
• Participate in the syndication process by preparing documentation for participating lenders and monitoring the distribution of the financing.
• 2-3 years of relevant experience as an analyst in Project Finance / Infrastructure & Energy / Leveraged or Structured Finance, ideally within an investment bank, infrastructure fund, or financial advisory.
• Strong knowledge of infrastructure sectors (renewables, transport, telecoms, PPP) and basic understanding of project finance structures.
• Excellent financial modeling skills in Excel (cash flow modeling, debt sizing, sensitivities) and solid analytical and quantitative capabilities.
• High attention to detail, strong problem‑solving skills and ability to work under tight deadlines.
• Highly motivated, proactive, and eager to learn within a demanding and international environment.
• Strong teamwork and communication skills; comfortable interacting with different internal stakeholders and clients.
• Fluency in English and Spanish (Portuguese is a plus).
• Degree in Finance, Economics, Engineering or related field;
  Master's degree is a plus.