Investment Director

Hemiko are recruiting for an Investment Director reporting to the Chief Investment Officer.

The Investment Director will act asdeal leadfor greenfield district heat network investments with accountability for projects from origination through financial close and into early operational life.

This is a senior execution role combininginvestment leadership commercial negotiation delivery oversight and early-life asset stewardship. The Investment Director is responsible for shaping investment recommendations and ensuring projects are robust fundable and deliverable.

We appreciate that no ones circumstances are the same and having the flexibility in working environments work is essential to our wellbeing. If this is significant to you let us know when you apply and we will discuss how this could work in your role.

Hemiko strives to be an equal opportunities employer and welcomes applications from anyone regardless of ethnic origin gender gender expression disability age trade union activity marital status religious belief sexual orientation or socioeconomic background.

We are Armed Forces friendly. We welcome applications from ex-Armed Forces personnel reservists armed forces veterans cadet instructors and military spouses/partners.

About Hemiko

Hemiko is a fast-growing innovative business which is looking to invest in and deliver over 1bn of heat network projects in the coming years. We fund design build operates and maintain low carbon district energy networks and building energy systems. This work is for communities towns and cities. We work with local authorities developers house builders and property owners.

We are looking to lead on town and city scale decarbonisation. We recognise that the decarbonisation of heating and the built environment is one of the least known and solution clear areas - this is where we are focused and where we will be deploying our investment and our resource.

We are an innovative design and proactive intelligence led company looking to attract people who think around a problem and past an issue. We want to be at the front end of commercial and technical innovation and are looking for team members to come on that journey.

Some of our current projects include:

• The design installation operating and funding of a district heating system to serve 3500 homes in Clapham as part of a major regeneration project.
• The design installation and operation of a new city centre wide low carbon district heating system for the City of Cardiff.
• The design installation and operation of a ground source heat pump system to provide heating and cooling to a new development of 300 homes a gym and office building in South London.
• The design and installation of a heat network in a rural community in Cambridgeshire to replace oil boilers in 300 homes with centralised low carbon heat generation.
• Developing detailed long-term decarbonisation plans for existing large scale district heating networks to allow them to transition from gas fired CHP led generation to low carbon generation.

Hemiko is absolutely committed to an honest and collaborative approach to all our work always looking for better ways to do things and avoid the business curses of unnecessary complexity and silos.

We are a young friendly business in the very rapidly growing low carbon energy sector which provides significant opportunities for career flexibility and development. We focus on delivering bespoke solutions with positive outcomes for the communities we serve.

The Role

The Investment Director will typically:

• close12 greenfield investments per year.
• retain oversight of12 assetsthrough construction and into steady state

Key responsibilities:

Deal Leadership

• Lead the execution of late-stage greenfield district heating investments
• Shape investment propositions in partnership with development teams
• Act as Hemikos commercial lead with key deal counterparties.

Investment Structuring & Financial Close

• Lead the structuring of SPVs contractual frameworks and financing solutions
• Own the investment case and financial model through to close
• Lead negotiations on key commercial terms (with legal support)
• Prepare and present investment recommendations to senior management and committees

Delivery Oversight & Risk Management

• Oversee the transition from financial close into construction and mobilisation
• Maintain oversight of:
  • EPC performance
  • O&M mobilisation
  • interface risk
• Ensure delivery risks are actively managed and consistent with the investment case

Early-Life Asset Stewardship

• Retain accountability for assets through construction into early operations
• Monitor operational commercial and financial performance
• Translate operational issues into financial and strategic implications
• Work with asset management colleagues to stabilise assets into steady state

Strategic & Portfolio Contribution

• Contribute to Hemikos investment strategy and pipeline prioritisation
• Support portfolio-level insights value creation initiatives and risk management
• Mentor Investment Managers and junior team members

Knowledge & Experience

Essential

• 812 years experience in:
  • infrastructure investment
  • energy transition projects
  • project finance / development
• Proven experience leading transactions to financial close
• Strong commercial and financial judgement
• Ability to manage complex stakeholder environments

Desirable

• Direct experience with heat networks or regulated / utility-style infrastructure
• Experience managing delivery risk post-close
• Comfort operating across investment development and operations

Personal Attributes

• Calm credible and commercially pragmatic
• Comfortable owning outcomes rather than analyses
• Strong communicator with gravitas across technical and non-technical audiences
• Aligned with long-term place-based infrastructure investment

Remuneration and Info

• Remuneration: Competitive dependant on Experience.
• Discretionary bonus based on individual and business performance.
• An inclusive culture that promotes diversity.
• Holidays 25 days a year plus statutory holidays - with an option to purchase or sell up to an additional 5 days per annual leave year.
• Pension plan provision.
• Private health care scheme available.
• Cycle to work scheme.
• Electric car lease scheme.
• Health and well-being support.
• Continuing learning and development opportunities.
• Company laptop/tablet/mobile phone etc.
• 5 hour work week.

Application

To apply please complete the online application form on BambooHR. However for an informal chat please contact:

Navneet Kokri Chief Investment Officer.

Required Experience:

Director