Associate Director - Development Portfolio

at  Octopus Energy Group

ABOUT OCTOPUS ENERGY GENERATION

Octopus Energy Generation (OEGEN) is a leader in sourcing, investing in, and managing a wide range of utility-scale renewable energy assets. As we continue to expand our investment base, we are dedicated to building a diverse team that reflects the communities we serve.
Since our entry into the renewables market in 2010, OEGEN has achieved remarkable milestones, becoming a leading investor in onshore wind across mainland Europe, the largest investor of solar power in Europe, and recently venturing into offshore wind projects.
Currently, we manage a global portfolio of over £6 billion in renewable energy assets. Our operational portfolio consists of more than three hundred large-scale energy-generating companies. We take pride in our wind farms, solar power plants, and upcoming projects in energy storage and hydrogen.
To support our ambitious growth plans and long-term ownership of energy assets, we are expanding our team.

SKILLS AND QUALIFICATIONS:

• Bachelor’s or Master’s degree in Business Administration, Finance, Engineering, or related fields.
• Over 10 years of senior management experience in renewable energy or related sectors.
• Proficient in financial modelling, project management, and data and reporting.
• Demonstrated leadership abilities with skills in strategic thinking, problem-solving, and decision-making.
• Strong regulatory, governance, and compliance knowledge, with experience in managing complex operations across various geographical locations.

APPLICATION PROCESS:

• Interested candidates should submit a CV and a cover letter detailing their qualifications and interest in the role via our careers page. For more details about the application process or inquiries, please contact our Recruitment department.
  If this sounds like you then we’d love to hear from you.
  Are you ready for a career with us? We want to ensure you have all the tools and environment you need to unleash your potential. Need any specific accommodations? Whether you require specific accommodations or have a unique preference, let us know, and we’ll do what we can to customise your interview process for comfort and maximum magic!
  Studies have shown that some groups of people, like women, are less likely to apply to a role unless they meet 100% of the job requirements. Whoever you are, if you like one of our jobs, we encourage you to apply as you might just be the candidate we hire. Across Octopus, we’re looking for genuinely decent people who are honest and empathetic. Our people are our strongest asset and the unique skills and perspectives people bring to the team are the driving force of our success. As an equal opportunity employer, we do not discriminate on the basis of any protected attribute. Our commitment is to provide equal opportunities, an inclusive work environment, and fairness for everyone

ROLE OVERVIEW:

The Development Portfolio Associate Director is pivotal in leading OEGEN’s commercial relationships with approximately 10 development partners under equity investments and joint development agreements across Europe, US, and Asia.
The Development Portfolio Associate Director will contribute to high-level decision-making and long-term planning for OEGEN’s development portfolio, as well as collaborate with senior leadership to drive innovation and strategic initiatives that enhance the value and impact of OEGEN’s funds.

WHAT YOU’LL DO

Team Leadership and Support:

• You will be responsible for leading and motivating a team dedicated to the commercial management of the development portfolio, fostering a culture of empowerment and continuous improvement.
• Promote professional development and upskilling to ensure team capabilities align with industry standards and project demands.

Deliver Fund Objectives:

• You will work closely with an OEGEN Fund managers to deliver the overarching fund objectives
• You will be responsible for reporting against the development fund and investment KPIs.

Commercial Management:

• Provide strategic oversight and direct management of approximately 10 renewable energy developers and development pipelines following deal closures.
• Conduct regular assessments of investment and overall portfolio performance against objectives, identifying and addressing variances
• Oversee and enhance the commercial management portfolio companies to meet all contractual obligations and achieve investment objectives.
• Monitor financial performance of investments to optimise returns and ensure capital efficiency.

Governance Oversight:

• Responsible for maintaining and enhancing governance frameworks to ensure compliance with internal standards and external regulatory requirements.
• Work closely with senior management/shareholders of development partners to ensure that governance practices are well-managed and operational processes are optimised.

Relationship Management:

• Cultivate strong and productive relationships with developers, funds, and other stakeholders to facilitate the successful delivery of objectives.
• Coordinate effective communication strategies to ensure that all stakeholders are aligned and collaborative in achieving investment goals.

Risk Management:

• Identify and mitigate risks related to the performance of the portfolio, enhancing investment resilience and performance.
• Implement risk management strategies to safeguard investment values and align with OEGEN’s risk appetite.