Strategic Advisor, Solar Financing

Tags: Global Health Covid-19 finance Environment
  • Added Date: Tuesday, 12 December 2023
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The Clinton Health Access Initiative, Inc. (CHAI) is a global health organization committed to our mission of saving lives and reducing the burden of disease in low-and middle-income countries. We work at the invitation of governments to support them and the private sector to create and sustain high-quality health systems.


CHAI was founded in 2002 in response to the HIV/AIDS epidemic with the goal of dramatically reducing the price of life-saving drugs and increasing access to these medicines in the countries with the highest burden of the disease. Over the following two decades, CHAI has expanded its focus. Today, along with HIV, we work in conjunction with our partners to prevent and treat infectious diseases such as COVID-19, malaria, tuberculosis, and hepatitis. Our work has also expanded into cancer, diabetes, hypertension, and other non-communicable diseases, and we work to accelerate the rollout of lifesaving vaccines, reduce maternal and child mortality, combat chronic malnutrition, and increase access to assistive technology. We are investing in horizontal approaches to strengthen health systems through programs in human resources for health, digital health, and health financing. With each new and innovative program, our strategy is grounded in maximizing sustainable impact at scale, ensuring that governments lead the solutions, that programs are designed to scale nationally, and learnings are shared globally.


At CHAI, our people are our greatest asset, and none of this work would be possible without their talent, time, dedication and passion for our mission and values. We are a highly diverse team of enthusiastic individuals across 40 countries with a broad range of skillsets and life experiences. CHAI is deeply grounded in the countries we work in, with majority of our staff based in program countries. Learn more about our exciting work: http://www.clintonhealthaccess.org

CHAI is an Equal Opportunity Employer, and is committed to providing an environment of fairness, and mutual respect where all applicants have access to equal employment opportunities. CHAI values diversity and inclusion, and recognizes that our mission is best advanced by the leadership and contributions of people with diverse experience, backgrounds, and culture.

Program and Position Overview

๐Ÿ“š ๐——๐—ถ๐˜€๐—ฐ๐—ผ๐˜ƒ๐—ฒ๐—ฟ ๐—›๐—ผ๐˜„ ๐˜๐—ผ ๐—š๐—ฒ๐˜ ๐—ฎ ๐—๐—ผ๐—ฏ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—จ๐—ก ๐—ถ๐—ป ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฏ! ๐ŸŒ๐Ÿค ๐—ฅ๐—ฒ๐—ฎ๐—ฑ ๐—ผ๐˜‚๐—ฟ ๐—ก๐—˜๐—ช ๐—ฅ๐—ฒ๐—ฐ๐—ฟ๐˜‚๐—ถ๐˜๐—บ๐—ฒ๐—ป๐˜ ๐—š๐˜‚๐—ถ๐—ฑ๐—ฒ ๐˜๐—ผ ๐˜๐—ต๐—ฒ ๐—จ๐—ก ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฏ ๐˜„๐—ถ๐˜๐—ต ๐˜๐—ฒ๐˜€๐˜ ๐˜€๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—จ๐—ก๐—›๐—–๐—ฅ, ๐—ช๐—™๐—ฃ, ๐—จ๐—ก๐—œ๐—–๐—˜๐—™, ๐—จ๐—ก๐——๐—ฆ๐—ฆ, ๐—จ๐—ก๐—™๐—ฃ๐—”, ๐—œ๐—ข๐—  ๐—ฎ๐—ป๐—ฑ ๐—ผ๐˜๐—ต๐—ฒ๐—ฟ๐˜€! ๐ŸŒ

โš ๏ธ ๐‚๐ก๐š๐ง๐ ๐ž ๐˜๐จ๐ฎ๐ซ ๐‹๐ข๐Ÿ๐ž ๐๐จ๐ฐ: ๐๐จ๐ฐ๐ž๐ซ๐Ÿ๐ฎ๐ฅ ๐“๐ž๐œ๐ก๐ง๐ข๐ช๐ฎ๐ž๐ฌ ๐ก๐จ๐ฐ ๐ญ๐จ ๐ ๐ž๐ญ ๐š ๐ฃ๐จ๐› ๐ข๐ง ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐๐š๐ญ๐ข๐จ๐ง๐ฌ ๐๐Ž๐–!

CHAIโ€™s Health Financing team will work on a new program that aims to enable health facility solar electrification at scale. By working with governments to aggregate large numbers of health facilities into portfolios, it will allow for a different type of financing to be deployed to enable solar electrification to the usual project or pilot based grant financing approach that has traditionally been used. Blended financing structures typically used to support IPPs and solar project developers might work better to align incentives around system performance, as long as appropriate de-risking instruments are included. Working with portfolios of facilities also allows for bundling of Operations and Maintenance service contracts, which can be negotiated to link payments to outcomes (system performance and uptime). Solar power at health facilities could also be used extend energy access to off-grid communities, and with creative financial structuring, revenues from this can be used to provide affordable energy access to public health facilities.

CHAI is seeking an Advisor who will work closely with CHAI Malawi to build and finance a plan that will aim to electrify all the health facilities in Malawi. The Advisor will provide the lead support to the Government of Malawi (Ministries of Health, Finance and Energy) to develop a costed and prioritized health facility solar electrification plan. The Advisor will support with donor negotiations and facilitate a dialogue between Government, donors, banks and several private sector energy actors (equipment importers, solar EPCs, project developers and O&M service providers) to support a roadmap towards a transaction that would aim to aggregate existing financing for solar and draw in new financing to electrify as many health facilities in Malawi as possible. The Advisor will represent CHAI Malawi in relevant technical working groups and external meetings with both donors and government.

This is a challenging, fast-paced and rewarding position. The Advisor will report to CHAIโ€™s Senior Director of Health Financing, and be part of a new regional team that will aim to build new, creative financing solutions to enable solar electrification of public institutions at scale. The vision is to develop a model for Malawi that could be brought, with adjustments, to other African countries, but to also build pathways and systems for more health infrastructure project financing transactions in the region. The work is envisioned to be Malawi-focused for the first 1-2 years, but with the Advisor playing a role in advising other countries who will undertake similar work.

Responsibilities

Work with senior leaders within Ministries of Health, Finance and Energy and CHAI Malawi to develop a national health facility solar electrification plan.Support the Government of Malawi to coordinate donors, partners and interested financiers in the health sector in Malawi to ensure alignment, technical input and coordination around the plan.Build a detailed costing model and associated prioritization framework for the plan, collecting granular inputs on costs and energy needs, numbers of facilities by type, etc. The model should project costs under different scenarios, and be overlaid with different financing structures, and be developed to enable site prioritization as well as financing negotiations.Build relationships with energy service companies in Malawi, to explore opportunities for partnership with the Government to enable the project, and to support with building assumptions on costs and pricing for negotiations.Facilitate a set of dialogues between Government and donors around defining solar electrification of different facility types, and to increase standardization of functionality of installed solar systems.Work with CHAI Malawiโ€™s Health Financing team to support capacity building of the Government through the process, and to build trust between private sector and Government.Support the other countries in the program, sharing lessons learned from the Malawi project.Interface with non-grant financiers, from development banks to DFIs to commercial banks and guarantors, to clearly communicate the project goal, risks and financing needs to any interested parties. This may require some travel outside of Malawi.Grant management functions such as workplanning, budgeting and reporting as required for the donor, as well as other duties assigned by the supervisor and Malawi country team.

Qualifications

Bachelor degree in Business Administration, Finance, Engineering or other relevant advanced degree preferred (extensive relevant experience may be accepted as equivalent).Minimum of 7 years of relevant experience in investment banking, management consulting, private equity or similar.Strong knowledge of corporate finance and project finance.Experience living and working in Africa.Experience working with a range of stakeholders (including private equity firms, Development Finance Institutions, and development agencies) to support investments in high impact sectors.High tolerance for ambiguity; ability to operate effectively through friction and opacity.Knowledge of the global health financing ecosystem (bilateral, multilater donors, foundations, MDBs, DFIs and impact funds), and experience working with international organizations and government counterparts.Capable of working independently, interacting with partners with confidence, respect and humility.Excellent quantitative skills and analytical abilities: can think clearly, structure problems logically, and then design and implement solutions that focus on the core issues.Superb presentation skills: ability to communicate clearly and effectively with diverse audiences.Understanding of project management principles and able to manage complex combinations of concurrent workstreams.

Preferences:

Relevant experience with a particular focus on energy or working on energy transactions. Experience managing staff.

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