Siddharth (Sid) Nath Email & Phone Number

Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates

United Arab Emirates

Dubai, United Arab Emirates

• [Cleantech arm of Mahindra & Mahindra Group; Solar EPC player with a portfolio of 3,200 MW globally; Solar PV Developer with over 1 GW of operational capacity and 450 WM of capacity under various stages of development]
• Leading a bid for a 200 MW solar PV project in Egypt. Competing with 9 EPC’s (awaiting bid results). Responsible for end to end bid submission not limiting to technology identification & finalization, energy yield.
• Led the DEWA 900 MW transaction from origination to stakeholder approval; involved in all aspects of the deal from identifying the right Partner to RfP analysis, engaging all internal and external stakeholders to.
• Lead the due diligence for new countries not limiting to legal and tax framework, macro-economic analysis, market analysis, business pre-requisites such as logistics and evaluation of the local eco-system.
• Structuring and negotiating commercial terms (LDs, BGs, Scope of work, project acceptance criteria, performance guarantees, warranties, payment milestones), contractual agreements (head of terms/EPC) while satisfying.
• Formulation of a strategy for launch of the C&I opex business with a clear focus on country identification, regulatory framework and availability of equity and debt financing.

New Delhi Area, India

• TATA Cleantech Capital Limited is a JV between the TATA Group and IFC (World Bank) focusing on infrastructure funding within renewables space with a book of USD 500 million and Nil NPAsKey responsibilities: debt.
• Extensive networking within the lending community to help syndicate, refinance and sell-down (portfolio de-risking)o Cultivated 8 new relationships, 6 resulted in businesso Down sold USD 35 million by passing on less.
• Successfully sourced and ran a syndication mandate for refinance of a wind IPPo Increased the leverage and reduced the security co-lateral offered initially
• Worked on one of India’s leading Business Houses on debt re-structuring for their large highways portfolio
• Currently working on a syndication mandate for debt tie-up of USD 230 million with a take & hold of USD 22 million on books
• Currently working on an equity sell side mandate of 4 operational PV solar assets

Gurgaon, India

• Acme is an industry pioneer and one of the leading Developers in PV Solar IPP space with over 1 GW operational assets and additional 0.75 GW of projects in various stages of development
• Responsible for financing of a portfolio of 150 MW in 5 different Stateso Project financed over USD 100 million of debt for under-construction projects
• Led a 3-member team for successful USD 300 million refinance of portfolio of operational solar assetso Increased the leverage from 75% to over 80% & reduced the rate of interest by over 150 bpso Led the legal and.
• As part of the project finance team I was responsible foro Conducting detailed appraisal and financial modeling review of new projects to present proposals to prospective lenders and clarifying their querieso.
• Reporting to the CFO, was responsible for all bid financial models for the rooftop solar business; developed the financial model specific to each bid and tariff calculation
• Established non-fund lines for hedging forex risk, issuance of bank guarantees, buyers credit and letters of credit

New Delhi Area, India

Dubai

• VALAF DMCC, UAE (subsidiary of African Industries Group)www.valafdmcc.com(SME with USD 1 bn revenue, presence in Nigeria, Ghana, Benin, Romania, Dubai and India)Business Ownership
• Responsible for acquisition of a pre-owned USD 7.25 million mid-size oil tanker; led the process from identification, shareholder buy-in, contract negotiation and procurement
• Accountable for performance of USD 6 million topline business of the entity owning the oil tanker; key metric being utilization rate and time charter rate Business Efficiency
• Responsible for financial performance of the shipping business (chartering, load port & discharge port operations) by chartering approx. 0.5 Mn MT of cargo per year and annual freight outgo of circa USD 24 million
• Changed business approach from a cost center to a profit center enabling start of 3rd party business; achieved reduction in cost of 35% by discharging at cost economic terminals, increasing direct delivery from 70% to.

Dubai, UAE

• Impairment testing of power assets in the GCC; worked on 7 out of 14 assets totaling 11,240 MW capacity and CAPEX of USD 9.75 billion
• Identified potential growth markets in Africa; built a model to forecast increase in power demand in next 10 years; based the model on historical data for GDP and population growth v/s peak power demand v/s installed.

London, Canada Area

Specialized in finance in MBA by pursuing specific elective subjects such as financial strategies, financial modeling, derivatives and risk management, private equity, portfolio management and value investing. Finance electives are in addition to core subjects such as designing and executing strategies, leading people and organizations, managing financial.

Mumbai Area, India

• Led a 4-member team on a Mobile Offshore Gas Drilling Rig in tough and high-risk work environment where safety of men and machines is extremely crucial; responsible for pre-job safety meetings addressing all the.
• Drilled an exploratory well at drill depth of 4500 m and sea depth of 217 m; extensive reservoir information gathering project (tripping ever alternate day); potential for one of the biggest gas reservoirs in India.
• Led a team that reduced the outage time from 168 to 8 hours by resolving a critical cooling water line break-down by synthesizing information, engaging a cross functional group and executing a ‘make or buy’ solution
• Ensured successful compliance to International Safety Management Systems in a safety audit conducted by the Director General of Shipping (DGS) in the aftermath of the Deepwater Horizon accident in the Gulf of Mexico

Mba, Finance, General

Activities and Societies: MBAA Club Senator, Member of Management Consulting Club, Energy and Resources Club, Member of the Ivey Softball.

B.E., Mechanical Engineering

Activities and Societies: Member of S.P.E, Formerly member of S.A.E, Society of Automotive Engineers (S.A.E), Committee Member - Held the.

Education record