Ivan Gerginov

Experience

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  Elana Holding

  Jan 2000 - Sept 2002

  Senior Financial Analyst

  IPOs (incl. first IPO in Bulgaria)Structured Finance (First Mortgage bond issue)Corporate RestructuringStrategic restructuring of 40 Bulgarian companies under a PHARE project.

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  Prospect Capital

  Jan 2003 - Jan 2005

  Associate director

  As an Associate Director i am leading the structuring, negotiation and execution of complex financial transactions across the UK and Europe. My expertise lies in developing innovative project finance solutions that align with both client objectives and financial market conditions. My key responsibilities were:- Lead and manage project finance transactions from inception to financial close, ensuring all financial, legal, and regulatory requirements are met within the UK and European markets.- Collaborate with cross-functional teams, including legal, technical, and commercial experts, to deliver comprehensive financial models and risk assessments tailored to the European context.- Negotiate terms with lenders, investors, and other stakeholders to secure optimal financing arrangements for projects across the UK and Europe.- Conduct thorough due diligence and financial analysis to support investment decisions and mitigate risks specific to the European market.- Maintain strong relationships with clients, financial institutions, and industry partners across to foster long-term collaboration and business growth. Show less

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  Bulgarian Energy Efficiency Fund

  Oct 2005 - Jun 2008

  Executive director

  • Led the establishment and operations of the fynd focused on energy efficiency financing.• Developed strategic partnerships with commercial banks and international stakeholders, positioning EERSF as a leader in energy finance.Key Achievements:• Awarded by the World Bank for exemplary fund management and recognized as a “highly satisfactory operation.”• Successfully reduced national greenhouse gas emissions through energy efficiency initiatives.

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  Elana Energy Management

  Jul 2008 - Nov 2009

  Executive director

  As the Executive Director of Elana Energy Management, I lead our mission to develop a clean energy investment portfolio through innovative energy solutions. My role involves strategic leadership, stakeholder engagement, and overseeing the execution of large-scale clean energy projects.Key Achievements:- Directed the successful deployment of multi-milion dollar renewable energy project portfolio.- Led a talented team in securing substantial investments for renewable energy initiatives, driving growth and innovation.- Developed and implemented comprehensive strategies that align with our commitment to sustainability and environmental stewardship.- Fostered a culture of innovation, collaboration, and excellence within our team, leveraging my extensive experience in energy management and finance.Group Elana, a prominent financial group based in Bulgaria, boasts a diverse portfolio that includes asset management, brokerage services, and renewable energy projects.Elana Energy Management, specializes in energy efficiency and renewable energy solutions, managing various private equity and venture capital funds focused on utility-scale renewable energy projects in Bulgaria. Show less

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  Econoler

  Dec 2009 - Dec 2021

  • Directed large-scale sustainable finance programs globally, leading teams in the design, deployment, and impact evaluation of climate finance facilities.• Led the structuring of innovative finance products, including investment funds and energy efficiency performance contracts (ESCO/Super ESCO).• Oversaw the execution of business plans, ensuring alignment with national and international climate finance goals.Key Achievements:• Managed sustainable finance mechanisms totaling over $2 billion across 40+ countries.• Developed and implemented new decarbonization investment vehicles that achieved a 20% increase in funding efficiency. Show less

  • Sector Lead, Sustainable Finance

    Jan 2012 - Dec 2021

  • Senior Sustainable Finance Specialist

    Dec 2009 - Dec 2011
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  SOFIAC

  Sept 2021 - now

  Director Of Operations, Ontario and Western Canada

  • Lead the strategic and operational management of SOFIAC’s innovative energy efficiency and decarbonization projects across Ontario and Western Canada.• Oversee the development and implementation of investment projects that eliminate financial, technical, and operational barriers for businesses in the commercial, industrial, and multi-residential sectors, driving decarbonization without requiring upfront investment from clients.• Manage the entire project lifecycle, including financial structuring, contractor coordination, and performance monitoring, ensuring that clients benefit from immediate positive cash flow and long-term energy savings.• Spearhead efforts to leverage available subsidies and optimize financing solutions to decrease costs, contributing to significant GHG emissions reduction and profitability for Canadian businesses.• Collaborate with key stakeholders, including energy service companies (ESCOs), financial partners, and local governments, to support large-scale energy retrofits and decarbonization initiatives in alignment with Canada’s ambitious climate goals.Key Achievements:• Led the deployment of over $130 million in energy efficiency and decarbonization projects across Ontario and Western Canada, supporting businesses in achieving significant GHG reductions without upfront capital investment.• Delivered immediate positive cash flow for clients by structuring financing solutions that ensured project costs were covered through energy savings, contributing to long-term profitability for Canadian businesses.• Increased SOFIAC’s success rate through streamlined operations and the integration of performance monitoring systems that ensured consistent energy savings and optimized financial returns. Show less