Commercial Director Energy Transition
Job Summary
ABOUT US:
egg Power - Liberty Globals clean energy infrastructure investment business is delivering renewable energy solutions to meet the fast-growing demand from businesses for affordable secure and sustainable electricity in Europe. Its mission is to meet this need by investing in large-scale solar and wind projects to supply customers with clean energy under long-term Corporate Power Purchase Agreements (PPAs).
Leveraging Liberty Globals expertise in financing large-scale infrastructure investing in scale-up businesses and serving B2B customers egg Power delivers cost savings energy resilience and ESG benefits to its customers across a wide range of sectors with a special focus on telecoms and digital infrastructure sector amid surging power demand.
This role forms part of the leadership team and will play a defining role in shaping the strategic direction partnerships and long-term success of the business.
JOB PURPOSE
This is a highly diverse senior leadership role in an entrepreneurial scale up business being incubated within Liberty Global at the forefront of the energy transition. Egg Power represents a once in a decade opportunity in one of the largest areas of capital and infrastructure deployment globally.
The Commercial Director will act as a key strategic advisor and business leader playing a central role in defining and delivering critical commercial activities including PPA origination route-to-market strategy and revenue stack optimisation.
The initial ambition is to secure 1000 MW of projects/CPPAs across key countries and markets of focus including UK Ireland Netherlands Belgium and Germany.
The role provides senior strategic leadership to drive the companys growth by developing and executing Egg Powers corporate addition to leading on eggs CPPAs the role will drive eggs expansion into new revenue lines (BESS Capacity Market BtM) and own the market fundamentals and analysis function (including monitoring market developments and regulatory changes ensuring implications are understood and reflected in eggs strategy).
KEY ACCOUNTABILITIES
Lead the development and delivery of Egg Powers commercial and route-to-market strategy across solar wind BESS and private wire
Originate structure and negotiate CPPAs/BESS tolls and other commercial arrangements to secure long-term revenue
Monetise all future available revenue streams available to egg (Capacity Market balancing short term hedging)
Monitor market developments and regulatory changes ensuring implications are understood and reflected in commercial strategy
Oversee the commercial structuring of projects ensuring alignment between offtake funding requirements and delivery
Establish and maintain robust commercial risk management frameworks covering pricing exposure counterparty risk and regulatory impacts
Provide strategic leadership across project development investment cases and revenue optimisation including identification of new commercial opportunities.
Help shape egg Powers commercial positioning and value proposition to corporate offtakers
Lead commercial asset management of operational projects to drive enhanced financial market and business performance
KNOWLEDGE & EXPERIENCE
Relevant years renewable energy expertise from late-stage development to commercial operations
Recent CPPA experienced with largest blue-chip buyers with extensive network of associated industry contacts
Experience in M&A of RtB/late-stage development energy assets
Commercial negotiation across all key contracts in renewable energy project businesses
Strong commercial and financial judgment applied to investment and risk decisions
Engagement with and commitment to ongoing learning about the evolving energy markets across Europe
Experience building and developing high-performing teams and supporting the growth of junior colleagues
Interpersonal skills and leadership presence
QUALIFICATIONS AND CAPABILITIES
Bachelors or above in Engineering Physics Economics or similar
Relevant years energy market and renewable energy experience essential especially in the UK and Europe
Background in PPAs power trading and project development across solar wind and BESS.
Experience of Private Equity or other Investment environments in the energy sector
SKILLS & ABILITIES:
Fluent in English both verbal and in writing
Strategic thinker with strong analytical and long-term perspective
Ability to apply sound business practices and work with senior management
Results-driven senior leader with collaborative partnership-oriented approach
Being able to build bridges and create support for improvements
Proactive and self-reliant/ independent self-starter
Deep understanding of the commercial regulatory and financial drivers of renewable energy platforms
Fits into ambitious result-driven down-to-earth culture
Strong organisational and leadership and planning skills able to plan effectively anticipate on issues and solving problems
Knowledge of accounting principles and application of them during structuring for different stages of the lifecycle of renewable energy projects
* Liberty Global is an equal opportunity employer. We embrace diversity and are committed to creating an inclusive environment for our people.
Required Experience:
Director
About Company
One of the world’s leading converged video, broadband and communications companies, with operations in six European countries.