Cleantech Finance Adviser - based in Luxembourg

European Investment Bank (EIB); Brussel Hoofdstad; On-site; EUR 70,000 - 90,000; Full time

Job summary

European Investment Bank (EIB) seeks a senior advisory professional to appraise the financial maturity of Innovation Fund PDA projects.

You will craft business cases, develop financing plans, and collaborate with EC and external partners to strengthen project bankability in low-carbon technologies.

Qualifications

• University degree in Business Administration, Finance, Economics or STEM.
• Postgraduate studies in Finance are advantageous.
• Strong analytical capabilities and financial acumen are essential.

Responsibilities

• Evaluates innovative cleantech project proposals to determine bankability.
• Identifies and assesses weaknesses in project proposals and key issues affecting bankability.
• Develops advisory plans and scopes of work to address project issues.
• Provides financial advice and builds sound financing plans with internal and external collaboration.
• Prepares clear, evidence-based project assessments and final reports.

Skills

Strong analytical skills

Excellent communication skills

Good command of Word, Excel, PowerPont

Excellent knowledge of English and/or

Financial analysis experience

Project management experience

Relationship building

Other EU languages

Education

Bachelor’s degree

Postgraduate studies in Finance

Tools

Word

Excel

PowerPoint

Job description

This position is based at our Luxembourg headquarters and requires regular office presence. The EIB offers you the opportunity to live and work in a truly international and multi-cultural environment. We also offer relocation support.

This is a full-time temporary position at grade 5.

The term of this contract will be 3 years; no extension or conversion of the contract is foreseen.

• internal benchmark Officer Advisory

The existence of this position is linked to the ‘Innovation Fund’ which is foreseen until 31/12/2031.

The European Innovation Fund (“IF”) is one of the world’s largest funding programs for the demonstration of innovative low-carbon technologies. It also serves as the EU fund for climate policy, with a focus on energy and industry; aiming to bring to the market solutions to decarbonise European industry and support its transition to climate neutrality while fostering competitiveness. The IF is a key funding instrument for delivering the EU’s economy-wide commitments under the Paris Agreement and the climate and energy priorities put forward in the REPowerEU Plan, the Hydrogen Bank, the Green Deal Industrial Plan, and the Net-Zero Industry Act.

The IF scheme was established under the revised EU Emissions Trading System (ETS) Directive and provides grant funding to innovative, low-carbon technology demonstration projects in energy-intensive industries, renewable energy, energy storage, carbon capture and use (CCU) or carbon capture and storage (CCS).

The EIB is delegated by the European Commission (“EC”) to provide Project Development Assistance (“PDA”) to Innovation Fund applications that require support to raise their financial and technical maturities, to increase their chances of reaching financial close and entering into operation.

The Advisory Growth Capital (“AGC”) Division is part of the Equity, Growth & Project Finance Department (EGPF) within the Operations Directorate. AGC provides upstream, project-related advice on priority RDI projects to enhance their access to finance, complementing the Bank’s lending and blending activities in the corporate and innovation finance fields. AGC is also responsible for delivering financial advisory in the form of PDA – as part of the Innovation Fund.

This role sits within the Innovation Fund unit within the Advisory Growth Capital (“AGC”) Division. It aims to deliver financial advisory services to projects that meet the Innovation Fund eligibility criteria.

You will report to the Head of Unit. You will also need to work with a certain degree of autonomy, maintaining external contacts with the EC and CINEA on Innovation Fund implementation, keeping them abreast of trends in the cleantech market, and representing the EIB at high-level meetings and/or at external events.

Purpose

You will appraise the financial maturity of EU Innovation Fund PDA beneficiary projects by evaluating the business case for each project proposal. You will provide financial advisory support to individual projects covering technologies such as carbon capture use and storage, renewable energy production and storage, hydrogen, sustainable fuels, maritime, and energy efficiency; as well as be involved in cross-cutting initiatives such as thematic studies and outreach events, in order to promote the development of market and financing conditions in target areas, and the identification of advisory leads.

Operating Network

The successful candidate will report to head of Unit. You will need to work with a certain degree of autonomy, maintaining external contacts with the EC and CINEA on Innovation Fund implementation, keeping them abreast of trends in the cleantech market, and representing the EIB at high-level meetings and/or at external events.

Accountabilities

• Evaluates innovative cleantech project proposals from Promoters that request PDA support from the Innovation Fund, to determine their commercial viability. The projects will cover sectors and themes such as innovative renewable energy, energy storage, sustainable fuels, industrial decarbonisation, hydrogen, batteries, green manufacturing, and innovative transport, amongst others;
• Identifies and assesses weaknesses in the project proposal, determining the principal issues affecting bankability.
• Develops advisory plans/scopes of work for implementation to remedy key issues in the project proposal;
• Provides financial advice to Promoters: prepares business cases and develops sound and sustainable financing plans with a view to improving the overall bankability of these innovative projects, working in some cases with external consultants and in close collaboration with the European Commission and other EIB services;
• Uses sound financial and risk analysis to prepare projects for (re)application to the IF grant scheme (if desired by the Promoter), potential EIB financing and/or third-party investment;
• Produces clear, evidence-based project assessments, advisory plans and final reports that support internal review and provide promoters with actionable recommendations.
• Monitor developments in cleantech markets, technologies and financing conditions and contribute insights, methodologies and lessons learned to the Unit’s knowledge base.
• Develops and maintains effective working relationships with relevant external stakeholders (e.g., European Commission and its relevant agency, project promoters, investors, financial institutions, government representatives, local authorities, and other EU institutions, etc.) to support the delivery of the IF PDA mandate identify potential advisory opportunities and strengthen EIB visibility in cleantech finance.
• Represents the Division and the Bank in external events, particularly in terms of ecosystem development and IF-related schemes, as well as in internal Working Groups and Committees including ad-hoc initiatives focused on climate change, as required;
• Share expertise and contribute to effective teamwork across the Unit, Division and wider Bank.

Qualifications

• University degree (minimum equivalent to a Bachelor’s) preferably in Business Administration, Finance, Economics or STEM subjects. Preferably furthered by relevant postgraduate studies in Finance.
• Minimum 5 years of relevant professional experience, including at least three years in the financial sector and ideally within corporate banking/finance with a focus on origination, appraisal, structuring, negotiation, or monitoring. Experience in financial advisory gained from financial institutions, consultancy practise or rating agencies can be considered.
• Solid experience in financial analysis including business/financial planning and modelling, risk assessment, financial structuring and/or advising on Structured or Infrastructure/Project Finance operations is required.
• Experience in product/business development in particular in Structured or Project Finance and/or climate-related themes and innovative projects would be considered a strong advantage.
• Demonstrated interest in following innovation trends in both the public and private sectors as well as an understanding of access to finance issues for innovative projects would be an advantage.
• Strong analytical skills paired with sound judgment and the ability to develop solutions for complex issues.
• Exposure to managing projects in a multicultural environment as well as the ability to work on several tasks simultaneously.
• Excellent communication skills in order to deliver or contribute to presentations and engage with key stakeholders at external events. The creative ability to design and develop concise, aesthetic presentations is a significant advantage. As is the demonstrable ability to write clear and concise reports.
• Experience in building and maintaining successful business relationships. Exposure to client relationship management, confidence, and willingness to engage with stakeholders at all levels of an organisation is an advantage.
• Good command of standard computer tools (Word, Excel, and PowerPoint).
• Excellent knowledge of English and/or French with a good command of the other ***. Knowledge of other EU languages would be an advantage.

Competencies

Unless stated explicitly as a required qualification, a good command of French is not a pre-requisite for hire. As both English and French are however official working languages of the EIB, proficiency in both languages is a pre-requisite for your future career development. Any language clause in your contract must be fulfilled in order for you to be eligible for a promotion (either via the annual appraisal cycle or via an internal selection process). Proficiency is understood to mean the attainment of level 5 of the Inter Institutional language courses, corresponding to B1.2 of the Common European Framework of Reference for Languages (CEFRL). The Bank offers appropriate training support.

We hire and value talent with unique characteristics, creating a work environment where they can be themselves. We believe that Diversity, Equity and Inclusion makes us a performing and innovative organisation. We encourage all suitably qualified and eligible candidates to apply regardless of their gender identity/expression, age, racial, ethnic and cultural background, religion and beliefs, sexual orientation, disability or neurodiversity.

If you require reasonable accommodation during the recruitment process due to a disability, neurodivergence, or a chronic health condition, please contact the EIB Recruitment team [e-mail] who will manage your request appropriately.

By applying for this position, you acknowledge the importance of maintaining the security and integrity of the Information of the EIB Group. In case of selection for the position you agree to comply with all measures (policies, controls, document classification and management) implemented by the EIB Group to prevent unauthorised disclosure of any information or any damage to the EIB Group reputation.

Deadline for applications: 17th November 2026