Job Description
Description
Our client business model is driven by three integrated revenue streams:
- High-margin C&I solar EPC and service contracts
- Government PPP solar projects under long-term Power Purchase Agreements (PPAs)
- Developer fees at Financial Close on DFI-financed anchor projects.
Year 1 targets include:
- 20MW contracted capacity
- Anchor PPA secured
- $10–15M DFI project financing
- ₦1.2–2 billion in revenue
- The long-term vision is to build a continental infrastructure platform across 17+ African markets.
The Role
- This is a foundational leadership role. The CEO will build the company from the ground up—there is no existing structure or client base.
You will:
- Define and execute the commercial strategy
- Lead all major deals and negotiations
- Manage investor and DFI relationships
- Build and lead the executive team
- Deliver a 12-month performance mandate
- This is a high-accountability, high-reward rolewith clear quarterly milestones and direct Board oversight.
Performance Expectations
Q1 (April – June 2026):
- Operational Board established
- 3 signed commercial deals; 15MW+ pipeline validated
- CFO hired within 60 days
- NERC captive generation license application submitted
- ₦250M revenue delivered.
Q2 (July – September 2026):
- Series A funding ($1–2M) closed
- Anchor PPA (10–20MW) signed
- Land secured; feasibility study completed
- ₦450M cumulative revenue
- At least 3 DFI engagements initiated.
Q3 (October – December 2026):
- SPV incorporated; project structured for DFI bankability
- DFI term sheet secured ($5–10M)
- EPC contract signed
- 12MW contracted capacity
- ₦600M cumulative revenue.
Q4 (January – March 2027):
- Financial Close achieved ($10–15M disbursed)
- Construction commenced
- 20MW+ contracted
- ₦2 billion Year 1 revenue
- Positive Board Year 1 verdict.
Core Responsibilities
Commercial Leadership:
- Build and close a ≥40MW pipeline within Year 1
- Lead all major negotiations (C&I, DISCOs, government)
- Secure and execute anchor PPA
- Maintain minimum 25% gross margin.
Investor & DFI Engagement:
- Develop relationships with DFIs (IFC, AfDB, FMO, Proparco)
- Lead Series A fundraising ($1–2M)
- Execute project finance strategy for anchor project
- Submit at least 2 international grant applications.
Team Building & Governance:
- Recruit key leadership roles within 60 days (CFO, CCO, Technical Lead)
- Set KPIs and manage performance
- Drive ≥80% team retention
- Ensure governance, reporting, and compliance.
Project Development:
- Oversee NERC licensing process
- Secure land and complete feasibility studies
- Structure SPVs and manage project execution
- Ensure project construction begins within Year 1.
Financial Management:
- Maintain budget discipline and financial reporting
- Ensure minimum 25% margin across projects
- Oversee financial controls (including interim CFO duties if needed).
Requirements
- Candidates should possess a Bachelor's Degree with a minimum of 10 years’ leadership experience, with at least 5 years at Director/CEO/MD level.
- Proven track record of closing commercial deals in energy/infrastructure
- Direct experience working with or securing funding fromDevelopment Finance Institutions (DFIs)
- Strong knowledge of the Nigerian power sector(NERC, C&I solar, DISCOs)
- Experience building and leading high-performing teams
- Prior experience in aninvestor-backed company (₦500M+ revenue) preferred
- Exposure to PPAs, SPVs, and project finance structures.
Non-Negotiables:
- Demonstrated deal-closing experience (with verifiable references)
- Direct DFI transaction experience
- Strong understanding of NERC licensing and the C&I solar market
- Proven leadership in fast-paced, high-growth environments
- Comfortable operating under structured governance and Board oversight.