Investment Strategy Manager

at  ESB

Vacancy Number: 26223
Finance
Job Type: Full-time
ESB is a purpose led company striving to create a brighter future for the customers and communities we serve, leading the transition to reliable, affordable, low-carbon energy. Today, we operate one of the most progressive electricity systems in the world, with activities spanning electricity generation, transmission, distribution and supply in Ireland, Northern Ireland and Great Britain, and an international energy consulting business.
With almost 8,000 employees we invested €1bn in infrastructure last year, contributed over €2bn to the economies we operate in and distributed over €2m across a range of community initiatives. This requires us to bring the best of our capabilities together to deliver innovative and value-driven solutions that enable our customers to live low-carbon lives. ESB strives to foster an effective and inclusive culture where people engage, challenge and feel connected to our purpose, colleagues, customers and community.

SKILLS, KNOWLEDGE & EXPERIENCE:

• Qualified Accountant/CFA qualified with minimum 10 years PQE
• Significant experience in non-recourse Project Finance for infrastructure investments, acquisition or divestment processes - including working as part of a multi-disciplinary team, managing advisors, influencing others and managing external / internal stakeholders
• Experience managing teams, recruitment, people development and performance management / review.
• Experience of business case development, ideally across multiple energy generation technologies
• Experience in contract negotiations (Such Shareholder Agreements, Share Purchase Agreements, Joint Venture Agreement, Offtake Agreements, Option Agreements, Finance Documents, etc.)
• Ability to formulate a commercialisation strategy for assets. Experience with Auctions and/or Corporate PPAs would be considered an advantage.
• Working knowledge in tax, accounting, insurance, treasury and legal issues related to large infrastructure projects/companies
• Strong interpersonal, communication and influencing skills
• Flexibility to adjust and thrive in an environment with changing requirements, schedules and priorities for multiple projects or assignments.
• Ability to clearly and concisely express information (or data) to non-technical associates, peers and management.
• Experience in maintaining good relationships with key stakeholders, JV partners, etc.

ROLE CONTEXT

ESB is a purpose led company striving to create a brighter future for the customers and communities we serve, leading the transition to reliable, affordable, low-carbon energy. Today, we operate one of the most progressive electricity systems in the world, with activities spanning electricity generation, transmission, distribution and supply in Ireland, Northern Ireland and Great Britain, and an international energy consulting business.
With a direct workforce of over 9,500 employees we invested €1bn in infrastructure last year, contributed over €2bn to the economies we operate in and distributed over €2m across a range of community initiatives. This requires us to bring the best of our capabilities together to deliver innovative and value-driven solutions that enable our customers to live low-carbon lives. ESB strives to foster an effective and inclusive culture where people engage, challenge and feel connected to our purpose, colleagues, customers and community.

ROLE PURPOSE

ESB’s Generation & Trading (GT) division identifies and develops greenfield, acquisition and joint venture opportunities of multi-million euro assets within Ireland and Great Britain, ESB’s core markets and grows ESB’s Generation business with a strong focus on Renewables.
The role of the Investment Strategy Manager is to lead a project financing and equity transaction team that ensure ESB’s development pipeline of opportunities is financed and commercialised in an optimum manner. The role will involve the financial structuring, establishment and ongoing management of individual projects, which allows for ESB to extract the maximum financial and organisational benefits from each investment or joint venture.

KEY RESPONSIBILITIES

• Oversee, ESB’s investment partnership model for its generation pipeline.
• Manage all stakeholder (including Government Departments and New Era) engagement in relation to approvals for establishment and execution of individual partnerships and Joint Ventures.
• Lead any asset sale or acquisition process through offer selection, evaluation, approval and stakeholder management
• Manage the appointment of technical, commercial, tax and legal advisors as required for any sale or acquisition transaction.
• Lead the execution of any project financing process for individual assets and investments
• Lead the negotiation of material commercial contracts including Share Purchase Agreements, SHA, Framework agreement and refresh of investment parameters process.