M&A Associate

Enery; Warszawa; On-site; PLN 150,000 - 210,000; Full time

Job summary

Enery in Poland is seeking a disciplined finance professional to build and own financial models for acquisitions, joint ventures, and development partnerships in the renewable energy sector.

You will manage due diligence, translate findings into valuation adjustments, and support senior decision-makers with robust analysis and market screening across Poland and cross-border opportunities in collaboration with our Vienna-based Group M&A team.

Qualifications

• Bachelor's or master's degree in Finance, Economics, BA, Engineering or related field.
• Approximately 3–4 years in relevant Polish renewable energy transactions/projects.
• Experience at a renewable energy developer, IPP, utility, or advisory firm.
• Strong financial modelling, valuation and analytical skills with attention to detail.
• Fluent in English and Polish.

Responsibilities

• Build and maintain detailed financial models for Polish renewable energy acquisitions, joint ventures and development partnerships.
• Own the analytical models for contemplated transactions, ensuring that technical, commercial, financing and ESG due diligence findings are reflected in valuation.
• Analyse key value drivers and risks of Polish solar PV, wind and BESS opportunities.
• Support analysis of BESS revenue and financing structures, including capacity market revenues and merchant exposure.
• Translate due diligence findings into valuation adjustments and transaction protections.
• Manage due diligence processes and data rooms, coordinate advisers, and track issues.
• Prepare investment committee materials, valuation summaries and supporting analysis.
• Conduct Polish market screening, comparable transaction analysis and pipeline tracking.
• Review transaction documentation with M&A VPs and Enery teams.
• Collaborate with Group M&A team in Vienna for local market insights.
• Develop standardized models, templates and reporting tools.

Skills

Financial modelling

Valuation

Analytical skills

English and Polish

Proactive and collaborative

Education

Bachelor's or Master's in Finance/ Economics/ Business/ Engineering

Job description

At Enery, we’re powering the future...literally

We are an independent renewable energy provider dedicated to delivering reliable, affordable, and long-term green energy to our customers. With a diversified green fleet currently generating 766 GWh of clean electricity from 566 MW of installed capacity, enough to power 283,400 households, Enery is at the forefront of driving Central and Eastern Europe’s transition to sustainable energy. Present across 10 countries in Central Eastern Europe our reach reflects our commitment to making a meaningful climate impact across the region.

But we’re more than just energy and infrastructure. With a diverse, multidisciplinary team representing over 30 nationalities, we value transparency, ownership, and continuous learning. We move fast, collaborate across disciplines, and celebrate wins, big and small, together.

At Enery, ESG isn’t a checkbox. It’s embedded into every decision we make, from project development and construction to long-term operations.

Key Responsibilities

• Build and maintain detailed financial models for Polish renewable energy acquisitions, joint ventures and development partnerships, including project cash flows, valuation, financing, return analysis and scenario testing.
• Own the analytical models for contemplated transactions, ensuring that technical, commercial, financing and ESG due diligence findings are accurately reflected in valuation and investment returns.
• Analyse the key value drivers and risks of Polish solar PV, wind and BESS opportunities, including grid connection, permitting, land rights, construction readiness and route to market.
• Support the analysis of BESS revenue and financing structures, including capacity market revenues, merchant exposure and optimisation assumptions.
• Translate due diligence findings into valuation adjustments, sensitivities and appropriate transaction protections.
• Manage due diligence processes and data rooms, coordinate internal and external advisers, and ensure key issues are clearly tracked, assessed and escalated.
• Prepare investment committee materials, valuation summaries and supporting analysis for senior decision makers.
• Conduct Polish market screening, comparable transaction analysis and pipeline tracking and prioritisation.
• Support the review of transaction documentation alongside M&A VPs and Enery’s legal, finance and development teams.
• Work closely with the Group M&A team located in Vienna, providing detailed local market insight and analytical support to enable informed investment decisions.
• Contribute to the development of standardised models, templates and reporting tools.

Key requirements

• Bachelor's degree and/or Master's degree in Finance, Economics, Business Administration, Engineering or a related field.
• Approximately 3-4 years of relevant experience, including at least two years directly focused on Polish renewable energy transactions or projects.
• Relevant experience gained at a renewable energy developer, IPP, utility, infrastructure investor, investment bank, energy-focused advisory firm, transaction services team, project-finance institution or similar organisation.
• Strong hands-on financial modelling, valuation and analytical skills, with high attention to detail.
• Practical understanding of the Polish renewable project-development process, including grid connection, permitting, environmental decisions, land rights, construction readiness and project timelines.
• A proactive, hands-on and collaborative approach with the confidence to challenge assumptions constructively, and the ambition to take on growing transaction responsibility.
• Professional proficiency in English and Polish.
• A genuine interest in renewable energy and the energy transition.

Strongly Preferred

• Direct modelling or transaction experience involving Polish BESS, PV, or wind projects.
• Understanding of route-to-market structures, including PPAs, capacity market revenues, spread hedges, tolling agreements, merchant revenues and ancillary services.
• Experience with project finance, debt sizing and bankability analysis for renewable energy assets.
• Progress toward CFA, ACCA, ACA or another relevant professional qualification.

Why Join Enery?

At Enery, we are committed to attracting top talent and fostering an environment where employees can excel. Here is what we offer:

• Join a Growing Company: Be part of an exciting journey with a young and dynamic growth company. You will have the opportunity to contribute to our success and make a significant impact from day one.
• Collaborative and Inspiring Team: Join our international team, where you will be surrounded by inspiring colleagues who believe in collaboration and mutual support. Together, we create an environment that fosters innovation and personal growth.
• Purpose-Driven Company: Our company is driven by a strong sense of purpose. By joining us, you will have the chance to be part of something meaningful, making a positive impact on society, our planet, and people’s lives through your work.
• Meaningful responsibility on live Polish and cross-border renewable energy transactions.
• Early exposure to senior management, investment committees and key transaction counterparties.
• A strong development path towards independently managing substantial transaction workstreams and, over time, smaller transactions.
• Collaboration with experienced M&A, development, finance, legal and technical professionals across Enery.
• A dynamic, international and entrepreneurial working environment.
• Competitive fixed compensation and an annual performance-related bonus.
• The chance to make a tangible impact on the energy transition across the region.

Data Protection & Privacy Notice

By submitting an application for this position, you acknowledge and consent to the processing of your personal data for recruitment and selection purposes, in accordance with the EU General Data Protection Regulation (GDPR) and applicable data protection laws.

Your personal data will be processed solely for purposes related to the recruitment process, including candidate assessment, communication, and documentation, and will be handled with strict confidentiality and appropriate security measures.

For further information on how Enery processes and protects candidate personal data, including details on data retention, rights of data subjects, and contact information, please refer to our Recruitment Privacy Notice , available on our website.