Transaction Advisor for USAID DRC Power Sector Reform Project
Congo (Democratic Republic of)
Consultant Home Office and Kinshasa, DRC
ECODIT is seeking an Transaction Advisor to provide technical assistance to the DRC Power Sector Reform (DRC PSR) project, which was established to support the implementation of reform of the DRC power sector, as envisioned in the new Law on Electricity. The project’s activities in the DRC power sector are focused on: (a) Tariff calculation and evaluation framework development; (b) developing power sector policy and legal instruments, and; (c) transaction advisory services for implementation of selected power projects.
The Transaction Advisor will assist the DRC PSR by providing advisory services to power sector projects to enable them to achieve financial closure utilizing private financing and/or donor backed funds. This position will involve trips to the project office in Kinshasa to meet with stakeholders and participate in workshops and site visits to locations or potential power projects in DRC. Specifically, the Transaction Advisor will: Responsibilities:
- Provide advisory services to assist in the negotiations to bring transactions to financial close including pre-feasibility studies, data collection for feasibility studies, and business planning.
- Develop and scale up bankable power projects of various size (aggregated household solar installations to large hydro) by mobilizing, structuring, and arranging financing for power sector generation and transmission transactions and supporting efforts to bring them to financial close.
- Provide support for PPPs, including management contracts, concessions, and divestiture.
- Support power purchasers in relationship to the negotiation of key agreements on specific transactions.
- Assist in the privatization of generation, transmission, and distribution assets when requested by host governments and USAID.
- Support efforts to improve the legal, regulatory, and enabling environment to support greater private sector development and investment in the power sector
- Support efforts to strengthen the technical and institutional capacity of host-country governments agencies and institutions.
- If needed, develop and deliver in collaboration with Power Africa and private sector partners, workshops and trainings for government ministries and agencies, regulators, and the private sector actors on PPA negotiations and other documents required in IPP and PPP generation and transmission projects.
- Bachelors degree in international development, engineering, energy, environment, or a related field;
- A minimum of 10 years of experience in energy project development that has resulted in new projects obtaining financing and coming online;
- Technical knowledge and experience in issues related to energy legislation and policies in developing countries, including generation, transmission and distribution concessions, renewable energy, private sector investments, rural electrification, energy grids, and tariffs;
- An aptitude for producing clear, concise, and engaging written content that responds to the client’s parameters under tight deadlines and page limits;
- Prior experience in Africa is a plus;
- Fluency in French is required.
Interested candidates should submit a cover letter and CV immediately. ECODIT is an Equal Opportunity Employer. Only selected candidates will be contacted; no phone calls or emails please.
ECODIT LLC is a leading international development firm with 24 years of experience working with governments, businesses, and local communities to advance environmentally- and socially-responsible development around the world. A U.S. small business, the firm currently holds five USAID Global Indefinite Delivery Indefinite Quantity contracts (IDIQs) in natural resources management (REPLACE), water (WADI), energy (Clean Energy IDIQ for Critical Priority Countries [CPCs] and non-CPCs), and urban and local governance (MCW IDIQ). Since 1997, ECODIT has managed multiple complex, multi-year multi-million dollar USAID-funded projects in the clean energy, water, environment and rural tourism sectors, as well as dozens of short-term, rapid-turnaround assignments in nearly 50 developing countries in all regions of the world. More information is available at www.ecodit.com.