Date: Jun 13, 2025

Company: Zelestra

Location

Bilbao, Spain; Madrid, Spain

About Us

Zelestra (formerly Solarpack) is a multinational platform fully focused on multi-technology renewables with a vertically integrated business model focused large-scale renewable projects in rapidly growing markets across Europe, North America, Latin America, Asia, and Africa.

Headquartered in Spain, Zelestra has more than 1.000 employees worldwide and is backed by EQT, one of three largest funds in the world with $200B in assets.

At Zelestra we aim to be a solid and solvent company, capable of executing quality and valuable projects for the society and the environment.

Therefore, we maintain a firm commitment to contribute directly to the social development of the communities and markets in which we operate, not only through the creation of economic value, but also through the generation of quality employment and through the social projects we promote.

Our purpose is to change the world by making decarbonization a reality for our partners.

Mission

Reporting to the Investments Manager Spain, in Zelestra we are looking for an Investments Associate/Senior Analyst.

Your mission will be to support Zelestra’s Business Development, Commercial, Project Financing and M&A teams in the modelling and financial structuring of renewable energy assets.

Responsibilities

• Full responsibility on the financial model together with the asset/project valuation and ability to implement the changes required to run any business scenario to analyze projects viability. Creation, updating and maintenance of financial models for each project.
• Support the Project Finance team when structuring the deal with the potential lenders: modelling, teaser/infomemo preparation, due diligence and contract negotiations.
• Support Business Development team on the valuation evolution of the portfolio assets and potential investment opportunities that will arise.
• Advise and support our Commercial team to assess the required energy sale price required to meet at least our minimum return IRRs.
• Participate in the elaboration of the presentations to the Investment Committee and the Board of Directors for investment approvals.
• Support Zelestra’s central areas for reporting purposes.
  
  

Job Requirements

• Bachelor’s degree in business administration or MSc. Engineering.
• Knowledge of financing in the "Project Finance" modality.
• High level of both spoken and written English.
• Knowledge of programming languages (Visual Basic) and SQL database management will be valued.
• Use of Reuters tools and valuation of interest rate derivatives.
• +5 years in transactional areas of corporate finance or investment banking in financial institution, consulting, or industrial company.
• Experience in creating and updating complex financial models such as infrastructure / renewable energy (solar, wind, BESS).
• Financial model expertise, modelling best practices and project financing will be highly valued.
• High work capacity and interest in learning and developing professionally.
• Proactive person with the ability to learn and communicate transparently with the whole organization.
  
  

What We Offer

• Career opportunities and professional development in a growing multinational company with a team highly qualified.
• Flexible compensation.
• Full working day.
• Remote work 2 days a week.
  
  

Zelestra celebrates the diversity of thought and experience that comes from a variety of backgrounds including, among others, gender, age, ethnicity... Our mission is to contribute to a fairer and more equitable society.

JR 2144

Let's co-build a carbon-free tomorrow!

Visit us at zelestra.energy