Off-grid Transaction Advisor - Remote

Tetra Tech is Leading with Science® to implement clean energy projects and policies that advance global climate and decarbonization goals. We advise national energy transition initiatives and structure finance to deploy clean energy solutions. We help create sustainable utilities and modern power grids. We promote equality and inclusivity in the global energy sector. We improve lives and livelihoods in the biggest cities and smallest villages, and at the intersection of energy-health and energy-water-food.

Project Summary: 

Tetra Tech is implementing the recently awarded, five-year USAID Power Africa Empower West Africa (EWA) Activity. Building on a decade of Power Africa success, EWA aims to close the energy poverty gap in the region by increasing supply of and access to affordable, reliable, and sustainable electricity. By 2029, EWA aims to establish six million new electricity connections; reach financial close for 2,500 megawatts of new generation capacity; construct 1,500 kilometers of new power lines; and achieve sales of 40,000 productive use of energy (PUE) devices.

Position Summary: 

Tetra Tech is recruiting an Off-Grid Transaction Advisor that will report to Outcome 4 Lead and liaise with private sector companies, investors, donors, local banks, and end-user financiers to provide technical assistance that catalyzes access to finance in the off-grid sector. This position is full-time, and hiring is contingent upon USAID approval. International travel may be required.

Position Responsibilities:

• Contribute to EWA’s key metrics to help catalyze $500 million of new investment capital, and facilitate 2 million new off-grid electricity connections in sub-Saharan Africa by 2029.
• Identify technical assistance opportunities in large complex on going transactions in the off-grid space and over a menu of interventions including but not limited to end-to-end capital raise, deal structure, legal reviews, among others.  
• Provide access to finance support to early stage, high-impact companies included but not limited to matchmaking services, identification of seed/grant funding, support with potential business operation support.
• Engage investors to begin investing in off-grid companies or grow existing investments in the sector. Support activities may include:
  • Strategy development and internal awareness raising of energy sector opportunities.
  • Pipeline building to support lending objectives.
  • Financial product and service design to ensure appropriate product development for the energy sector, coordinating co-funding opportunities with donors and development finance institutions (DFIs) as appropriate.
  • Market intelligence and risk assessments on a market segment and/or country-specific level to assist investor due diligence.
• Manage work done by subcontractors providing EWA’s access to finance services to off-grid companies and investors.
• Build a transaction log and update it regularly.
• Contribute to a series of reporting including weekly, monthly, quarterly and annual reports as well as monitoring and evaluation tools. 
• Identify opportunities to implement Gender Lens Investment.