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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📌 Investment Analysis Associate (Milano)
🏢 Altro
📍 Milano