The Investment Specialist is responsible to assist the Section Head for managing review and/or approval for the financial and investment activities of the licensed entities operating within the energy sector. This includes revision of investment proposals, in accordance with the regulations, codes and standards applicable to the licensed entities or new license applicants.
In addition, the Investment Specialist is responsible for managing the review and analysis of investments and capital projects proposed by the licensed entities, undertaking the necessary due diligence. The Investment Analyst is responsible for ensuring that the investments and capital projects proposed by the licensed entities are aligned, do not conflict with one another, and support the achievement of the strategy and goals for the energy sector. The review, approval and monitoring of generation and desalination, District Cooling investments and network investments.
Key Responsibilities:
Support the application of appropriate due diligence measures, as well as analyze and approve investment proposals from entities operating in the energy sector, with a focus on alignment with the sector's strategic objectives, ROI, and investment timelines. Examine, approve, and monitor investments in power generation, desalination, and network infrastructure.
Provide the support in overseeing investment proposals and capital project proposals within the energy sector, ensuring alignment across projects to the overarching sector strategy. Examine, approve, and monitor investments in power generation, desalination, and network infrastructure.
Support the evaluation of the financial health and models of the new license applicants to assess their capabilities and proposed levelized tariffs for IWPPs and DC providers.
Support the approval of the appropriate financial frameworks and methodologies for use by the new license applicants.
Evaluate new license applicants financial models/forms for Independent Power and Water Producers (IWPPs), Independent Wastewater Treatment Plants (ISTPs), and District Cooling Service Providers to ensure that tariffs are consistent with regulations and bid documents.
Review the feasibility studies of cooling options by real estate developers from financial and economic perspective
Set the criteria and conditions to enhance the competitiveness of any competitive bidding for DC services and IWPPs and evaluate tenders to ensure competitiveness in DC and IWPP markets.
Establish or approve suitable regulatory guidelines for the new license applicants in relation to the financial information and models.
Examine the financial performance and health of existing Independent Power and Water Producers (IWPPs) and Independent Wastewater Treatment Plants (IWTPs) (ISTPs).
Review and approve the periodic financial reports submitted by the licensed companies operating in the sector identifying errors / discrepancies, if any and recommending any improvements.
Prepare and submit to management annual financial performance review reports for price-controlled companies, independent power, and water producers (IWPPs), and independent wastewater treatment plants (ISTPs).
Establish or approve suitable regulatory guidelines for the licensed companies in relation to audited financial statements.
Manage preparation of reports for DoE leadership providing overview of the financial performance, financial risks, and investment proposals of the licensed entities in the energy sector.
Provide the necessary assistance in carrying out other financial and investment activities as requested by the Department of Energy, in accordance with the instructions of the Strategic Financial Planning and Licensing Section Head.
Qualifications
Bachelor's degree in a relevant discipline, e.g., Finance, Accounting, Business Administration, Economics
Experience
Minimum of 5 years of experience in relevant field.
