Legal Advisor(Energy Procurement)
3 months ago
Legal Advisor: Energy Procurement
Market-related Package
Cape Town
Role Purpose
The legal advisor will be responsible to negotiate and draft PPAs (Power Purchase Agreements) whereby the company will procure energy from Independent Power Producers. A draft PPA and Heads of Terms do exist, but the legal advisor will need to tailor these to be fit for purpose.
Responsibilities
• Supporting on the implementation of various transactions and bringing renewable energy project transactions to close through the negotiation, preparation and review of all legal agreements
• Leading the legal review, negotiation and approval of different Project documents (Power Purchase Agreements) and finance documents
• Leading the legal due diligence process on project acquisition targets
• Supporting the structuring of transactions and negotiating financing and related transaction documents
• Coordinating with other departments to meet timelines and deliverables
• Supporting the team in the acquisition of secondary market opportunities
• Supporting the development team on tender/RFP submissions, if required
• Assisting on the negotiation with project sponsors & lenders
• Managing the drafting of various notices and obtaining various consents in accordance with the lender’s CP Checklist
• Managing the Conditions Precedent (CP) Checklist; and
• Leading the legal review on the preparation and implementation of transaction documents as required
Qualifications and Experience
• Bachelor’s Degree in law
• 4-5 years of relevant banking and finance, corporate and project experience
• At least 3 years of experience on PPA transactions
• Renewable energy Project experience is highly advantageous
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