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Development Portfolio Director

Evolve Energy

Evolve Energy

London, UK
Posted on Tuesday, April 30, 2024
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.
The Development Portfolio Management Team at Octopus Energy Generation (OEGEN) leads the post-deal management of OEGEN’s global diverse and dynamic portfolio of renewable energy developers and development pipelines. The team ensures that operational and commercial activities align with the objectives of each investment case and the broader goals of OEGEN’s funds. The team maintains compliance with governance standards, and optimises commercial performance. The team is pivotal in cultivating strong relationships with developers, funds, and other key stakeholders, thereby facilitating the successful implementation of OEGEN’s investment strategies in the project development sector.
The Development Portfolio Director is pivotal in managing OEGEN's commercial relationships with development partners under equity investments and joint development agreements. This role is key to establishing and overseeing governance structures that enhance the operational efficacy and strategic alignment of our development counterparts, ensuring the delivery of proprietary deal flow to support OEGEN's investment strategy.

What you'll do

  • Directly manage the portfolio of renewable energy developers and development pipelines following deal closures.
  • Ensure that operational and commercial aspects of investments align with the specific objectives of each project and the broader goals of OEGEN’s funds.
  • Oversee and enhance the commercial management portfolio companies to meet all contractual obligations and achieve investment objectives.
  • Monitor and financial performance of investments to optimise returns and ensure capital efficiency.
  • Maintain and enhance governance frameworks to ensure compliance with internal standards and external regulatory requirements.
  • Work closely with development partners to ensure that governance practices are well-managed and operational processes are optimised.
  • 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.
  • Conduct regular assessments of investment performance against objectives, identifying and addressing variances.
  • Produce reporting to support stakeholder oversight and inform strategic decisions and operational adjustments.
  • Lead and motivate a team dedicated to the commercial management of the investment 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.
  • 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.

What you'll need

  • Extensive experience in strategic management and leadership within the renewable energy sector.
  • Exceptional commercial acumen with a proven track record in investment portfolio management.
  • Superior communication and interpersonal skills, adept at engaging and influencing a diverse stakeholder group.
  • Strong understanding of the global energy infrastructure markets, regulatory environments, and the unique challenges of energy project development.
  • Bachelor’s or Master’s degree in Business Administration, Finance, Engineering, or related fields.
  • 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.

Why else you'll love it here

  • Wondering what the salary for this role is? On a call with one of our recruiters, this is always something we cover as we genuinely want to match your experience with the correct salary. The reason why we don't advertise is because we honestly have a degree of flexibility and would never want salary to be a reason why someone doesn't apply to Octopus - what's more important to us is finding the right octofit! We will also ask your current salary - we want to let you know this upfront so you're comfortable talking about it on a call with us.
  • Octopus Energy is a unique culture. An organisation where people learn, decide, and build quicker. Where people work with autonomy, alongside a wide range of amazing co-owners, on projects that break new ground. We want your hard work to be rewarded with perks you actually care about! We won best company to work for in 2022, our Group CEO, Greg has recorded a podcast about our culture and how we empower our people. We’ve also been placed in the top 10 companies for senior leadership
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.