Investment Analysis Associate

OX2; Milano; Hybrid; EUR 55,000 - 75,000; Full time

Job summary

OX2 in Milan is seeking an Investment Analysis Associate to drive financial modelling, valuation, and data analysis across renewable energy projects. You will work hands-on building robust models, analysing datasets, and developing investment business cases to support decisive project choices.

You will collaborate with internal stakeholders across the organization, contribute to transactions and evaluations, and help advance modelling standards while ensuring rigorous, data-driven insights in a

Qualifications

• Academic background in Finance, Economics, Engineering, or similar.
• 2+ years of experience in investment analysis, M&A, valuation, or related.
• Big Four exposure with energy/renewables is advantageous.
• Strong financial modelling and Excel skills.
• Analytical and numerical capabilities with attention to detail.
• Fluent English and Italian.
• Interest in renewable energy and infrastructure investments.

Responsibilities

• Build and maintain financial models for renewable energy projects.
• Perform valuation, scenario analysis, and sensitivity modelling.
• Develop data-driven business cases across the project lifecycle.
• Analyse market data, assumptions, and risk factors.
• Prepare clear, structured decision materials based on quantitative insights.
• Support transaction processes with analytical input and modelling.
• Contribute to improving modelling standards, valuation methods, and internal tools.
• Collaborate with cross-functional teams to ensure high-quality data and assumptions.

Skills

Financial modelling

Excel skills

Analytical thinking

Quantitative analysis

Data-driven

English language

Italian language

Education

Finance/Economics/Engineering background

Job description

Job Title: Investment Analysis Associate

Field of Work: Transactions

About OX2

OX2 develops, constructs, and manages renewable energy solutions at scale, accelerating the transition to renewable energy across Europe and beyond.

We are now looking for an Investment Analysis Associate to join our team in Milan.

The team

At OX2 you will work in an international, entrepreneurial environment with colleagues committed to accelerating the energy transition.

In Italy, the team is developing projects across solar, agrivoltaics, wind, and energy storage, supporting the country's transition to a sustainable and decarbonized energy system.

The Investment Analysis team is a central function that works across the organization at every stage of a project — from early development, through the financing process and transactions, to ongoing operations. The team is responsible for providing the organization with commercial and business case insight to guide business decisions and direction.

About the Role

As an Investment Analysis Associate, you will drive financial modelling, valuation, and data analysis to support investment decisions across our projects.

This is a hands‑on analytical role focused on building robust financial models, analyzing complex datasets, and developing investment business cases. Working closely with internal stakeholders, you will support transactions and project evaluations through high‑quality quantitative insights and commercial analysis.

Key Responsibilities

• Build and maintain financial models for renewable energy projects and portfolios
• Perform valuation, scenario analysis, and sensitivity modelling to assess investment opportunities
• Develop and update data‑driven business cases across the project lifecycle
• Analyse market data, assumptions, and risk factors to support investment decisions
• Prepare clear, structured decision materials based on quantitative insights
• Support transaction processes with analytical input and modelling
• Contribute to improving modelling standards, valuation methods, and internal tools
• Collaborate with cross‑functional teams to ensure high‑quality data and assumptions

Qualifications & Experience

• Academic background in Finance, Economics, Engineering, or similar
• 2+ years of experience in investment analysis, M&A, valuation, transaction services, or similar
• Experience from a Big Four firm combined with exposure to the energy or renewable energy industry is considered a strong advantage
• Strong financial modelling and Excel skills
• Excellent analytical and numerical capabilities, with attention to detail
• Experience working with data, structured analysis, and quantitative problem‑solving
• Fluent in English and Italian is a must
• Interest in renewable energy and infrastructure investments

As a person you recognize yourself as: analytical, structured, and data driven. Moreover, you are curious and motivated to understand underlying assumptions and driversand motivated by solving analytical problems

What we offer

• Work at the core of investment decision‑making in renewable energy
• Strong focus on analytics, modelling, and data‑driven insights
• Exposure to real transactions and investment cases early in your career
• Collaborative, flexible and inclusive work environment

Application and Recruitment Process

At OX2, we believe diverse perspectives strengthen our teams and lead to better decisions. We welcome applicants from all backgrounds and encourage everyone with the right competence and experience with permission to work inthe EUto apply.

Our recruitment process is competence‑based, which means the qualifications for the role guide the selection and evaluation of candidates. Based on that, we conduct assessments as part of the process to make sure that our process is fair, unbiased, and data driven.

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