We are looking for a Manager / Senior Manager Corporate Finance & M&A; to lead corporate finance, project financing, debt and equity raising, and M&A; activities for our Compressed Biogas (CBG) business. https://www.refexrenewables.com/compressed-bio-gas

Key Responsibilities

A. Project Financing (Debt)

- Lead end-to-end origination, structuring, and execution of term debt, working capital lines, and long-term refinancing for CBG plants.
- Identify and approach banks, NBFCs, DFIs (NABARD, IREDA, IFC, ADB), and state-level financial institutions for project funding.
- Prepare detailed financial models, feasibility studies, and lender presentations.
- Negotiate loan covenants, interest rates, drawdown schedules, and repayment structures.
- Ensure compliance with lender requirements and regulatory frameworks, including SATAT guidelines.
- Structure acquisition financing including bridge loans, leveraged structures, and refinancing post-closing.

B. Mergers & Acquisitions (M&A;)

- Identify, evaluate, and originate M&A; opportunities within the CBG, waste-to-energy, and bio-energy sectors in India.
- Conduct target screening, preliminary valuation, and strategic fit analysis aligned with the company's growth objectives.
- Lead financial due diligence on acquisition targets covering asset quality, feedstock contracts, off-take agreements, liabilities, and operational performance.
- Build comprehensive valuation models using DCF, comparable transactions, EBITDA multiples (5x forward), and PAT multiples (10x) as benchmarks.
- Structure and negotiate term sheets, LOIs, SPAs, and shareholder agreements for acquisitions and stake purchases.
- Manage integration of acquired entities from a financial and operational standpoint post-closing.
- Support Refex's stake acquisition strategy: 25% from existing shareholders + 25% new share capital infusion, including deal structuring and funding.

C. Acquisition Financing





- Structure and arrange financing specifically for M&A; transactions including acquisition debt, promoter funding, seller financing, and hybrid instruments
- Manage relationships with PE funds, family offices, strategic investors, and DFIs for acquisition capital.
- Prepare investor-ready information memoranda and pitch decks for M&A; fundraising.
- Coordinate with legal, tax, and regulatory advisors to ensure clean deal closures.
- Negotiate earn-out structures, deferred consideration, and escrow arrangements where applicable.

D. Equity & Joint Venture Structuring

- Develop investment memos and pitch decks for equity investors, private equity funds, and strategic partners.
- Structure JV agreements, cap table management, and shareholder arrangements for new CBG ventures.
- Facilitate due diligence processes and assist in valuation negotiations.
- Build and maintain relationships with clean energy-focused PE/VC investors and family offices

E. Investor & Stakeholder Relations

- Maintain solid working relationships with banks, investors, government agencies, and strategic partners.
- Represent the company in board meetings, investor calls, financing negotiations, and M&A; discussions.
- Track funding and deal pipelines, manage timelines, and report progress to senior leadership regularly.

F. Financial Modelling & Risk Management

- Build and maintain dynamic financial models for project economics (IRR, DSCR, NPV, payback period)
- Develop M&A; valuation models DCF, EV/EBITDA, transaction comparables, and sensitivity analyses.




- Conduct scenario planning under varying feedstock costs, gas prices, subsidy assumptions, and acquisition price sensitivities.
- Monitor financial covenants and advise management on risk and early warning indicators.

G. Cross-functional Collaboration

- Partner with operations, procurement, legal, and technical teams to align finance, M&A;, and contract execution.
- Support due diligence coordination between internal teams and external advisors (legal counsel, auditors, technical consultants).
- Work closely with Indian-based manufacturers to support cost transparency and supply chain financing.

Qualifications & Experience

- Chartered Accountant (CA), MBA (Finance), or CFA with strong academic credentials
- 8- 10 years of relevant experience in corporate finance, M&A; advisory, or structured finance within infrastructure, renewable energy, waste-to-energy, or CBG sectors in India
- Demonstrated track record in:
- Closing term loans, mezzanine financing, and equity raises for greenfield or brownfield projects.
- Executing M&A; transactions end-to-end from deal origination to SPA signing and financial close.
- Structuring acquisition financing across debt and equity instruments
- Hands-on experience with:
- SATAT scheme and OMC off-take agreements
- Government grant applications (VGF, CFA, NABARD schemes)
- LRD, working capital, and acquisition debt structuring
- Financial modelling for gas/power/bio-energy projects (NPV, IRR, DSCR)
- M&A; valuation methodologies (DCF, EV/EBITDA, transaction comps)
- Familiarity with Indian regulatory, tax, and legal frameworks (GST, Companies Act, FEMA, environmental clearances, land use regulations)

Location : Chennai (Travel to Project sites)

Interested candidates can share the profiles to [email protected]. Also share to your friends/Colleagues who are looking new opportunities.

📌 Manager / Senior Manager - Corporate Finance & M&A (Chennai)
🏢 Refex Industries
📍 Chennai