IB Power, Utilities & Infrastructure - Associate

The Power, Utilities & Infrastructure (PUI) Investment Banking team is seeking a highly motivated Associate to join our London office. The EMEA-based PUI team advises leading corporates, institutional investors, and financial sponsors across the power generation, electric and gas utilities, renewable energy, energy transition, water/waste utilities, and infrastructure sectors. We provide strategic advice and execute complex M&A transactions, equity offerings, debt financings, and infrastructure capital raises across Europe, the Middle East, and Africa, working seamlessly with colleagues in our global network. The Associate will play an integral role in deal execution, client coverage, and sector research, acting as a key link between Analysts, senior bankers, and clients. This role offers a unique opportunity to contribute to a market-leading advisory platform positioned at the forefront of the region’s energy transition and sustainable infrastructure investment. Primary Responsibilities: Lead and manage day-to-day execution of M&A, equity, debt, and structured financing transactions across the EMEA power, utilities, and infrastructure sectors. Build, refine, and review detailed financial models, valuation analyses, and scenario planning to support client recommendations and transaction structuring. Prepare pitch books, management presentations, offering memoranda, and other high-quality marketing and transaction materials, with a focus on industry insight and strategic positioning. Perform in-depth industry research, market mapping, and competitor analysis, monitoring regulatory developments and investment trends impacting the EMEA PUI landscape. Coordinate workstreams between internal teams, legal advisors, accounting firms, and other stakeholders to ensure smooth transaction delivery. Coach and develop Analysts, fostering technical excellence and sector knowledge within the team. Support senior bankers in building and maintaining long-term client relationships, including idea generation, market updates, and proactive outreach. Contribute to business development initiatives by identifying new opportunities and supporting coverage efforts across the EMEA region. Key Requirements: 3–5 years in investment banking, project finance, corporate finance, private equity, or corporate development with exposure to the power, utilities, energy, or infrastructure sector Exceptional analytical and financial modelling skills, including proficiency in DCF, precedent transaction, and comparable company valuation methods. Bachelor’s degree required Strong project management capabilities, with the ability to run multiple workstreams under tight deadlines. Excellent communication skills (written and verbal), with the confidence to engage senior stakeholders and clients across different cultures and geographies. Interest in the energy transition, sustainable infrastructure investment, and EMEA regulatory environments affecting the sector. Self-starter with a collaborative approach and strong attention to detail.

Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies, and governments. At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients. Jefferies is an equal employment opportunity employer, and takes affirmative action to ensure that all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law.