Head of Portfolio Management

About Low Carbon

Low Carbon is a purpose-driven company that creates large-scale renewable energy in the global fight against climate change. Our mission is to protect the planet for future generations while delivering positive returns for our communities and investors. Our goal is to produce as much new renewable energy as possible while limiting our own environmental impact. We do this by developing, investing in, and operating large-scale renewable energy projects across the globe.

Our people and culture are really important to us. We are friendly, approachable, and professional. We value enthusiasm, entrepreneurialism, clear communication, and drive. This, combined with our purpose and passion for climate change, is why our colleagues recommend Low Carbon as a great place to work.

The Role

This is a rare opportunity to join an established, well-funded and proven renewable energy and storage investment company in a high profile, high impact role. As the Head of Portfolio Management you will oversee a portfolio of assets owned by Low Carbon in construction and through their operational life. The primary responsibilities of the Head of Portfolio Management is set out below:

Financial Close:

• Act on the “buyside” of transactions reaching financial close
• Specify and oversee due diligence, focusing on technical aspects
• Participate in late-stage discussions on PPA, EPC, and financing
• Negotiate agreements for Low Carbon
• Manage and track optimisations and upsides identified through due diligence

Construction:

• Oversee workstreams and stakeholders during the construction phase
• Ensure successful construction delivery through to PAC
• Lead commercial decision-making and risk mitigation across contracts
• Establish key relationships with project counterparties
• Oversee project HSE matters
• Act as director of each Project SPV

Operations:

• Manage a portfolio of investments as the nominated SPV director
• Ensure good governance and compliance with regulations and policies
• Lead value preservation and enhancement efforts
• Drive commercial and financial optimisation to maximise asset performance
• Source new revenue streams
• Manage O&M contracts and operational contract strategy

Portfolio Reporting:

• Prepare the portfolio annual business plan
• Prepare Board papers, shareholder materials, and fund-raising documents

Portfolio Initiatives:

• Identify and manage value enhancements on investments and portfolio structure
• Optimise power price management and portfolio risk exposure
• Explore technical enhancements and investment opportunities
• Work with the Head of Power Management on portfolio optimisation and risk management

Skills & Experience

• Demonstrable experience in constructing and operating renewable energy assets
• Understanding and participation in project development activity for new renewable energy assets
• Significant track record in the delivery of ‘Best in Class’ operations and value enhancement initiatives
• Confidence to represent investor interests at Project Board level, with the ability and willingness to take management responsibility and to take a lead where necessary in negotiations with stakeholders
• Experience of acquiring, financing and disposing of infrastructure assets
• Working understanding of investment accounting, valuations, tax and managing transactions
• Sound understanding of regulation and operation of energy and balancing markets
• A well-developed network in the renewables sector
• Able to attend remote Low Carbon sites (driving required)

Personal Attributes

• Ambitious and driven – this is a unique opportunity to deliver real impact by building and implementing a portfolio management strategy and philosophy for Low Carbon
• Entrepreneurial – a strong sense of what drives value in projects and an ability to preserve and add value
• Have a ‘hands on’ approach, visible across the business with good communication and other interpersonal skills
• Commercially astute, thoughtful and considered
• An outstanding level of tenacity, autonomy and drive
• An independently motivated and creative individual and a good problem solver
• A confident communicator who can easily build rapport, inspire confidence, and develop long-term relationships with all stakeholder groups

Our Compensation & Benefits

• 26 days holiday plus your birthday off (with option to buy a further 5 days)
• Discretionary Bonus
• Bupa Health Check & Private Healthcare for you and your family (medical history disregarded)
• Contributory Pension
• Cycle scheme
• Season Ticket Loan
• Pluxee for commercial discounts and perks
• 3 additional days for volunteering to support causes of your choice
• Annual credit towards short notice childcare, eldercare and pet care via ‘Bubble’