Development Director - Energy Transition

London, England, United Kingdom

11/28/2024

About Us

At Liberty Global, we connect people through cutting-edge technology. As a world leader in broadband, video, and mobile communications, we invest in fibre and 5G networks, providing over 85 million fixed and mobile connections through leading brands, such as Virgin Media O2, VodafoneZiggo, and Telenet. Our Ventures portfolio has strategic stakes in over 75 companies in content, tech, and infrastructure, including ITV, Formula E, AtlasEdge, and Egg. We prioritize diversity, equity, and sustainability, using technology for good. If you're entrepreneurial and thrive on challenges, join our high-performing team.

Liberty Global Energy Transition Is a Key Growth Enabler For The Future. We Have 3 Strategic Energy Themes In Which We Are Investing

• Electrification of homes and businesses
• Electrification of road transport
• Renewable energy infrastructure
  
  

egg Group is well positioned to capture this growing opportunity and have a strong right to play and win through our anchor tenancy, expertise and adjacency to our core Fixed Mobile Convergence (FMC) and ventures businesses.

We operate our interests in Energy Transition under the egg Group brand and have 3 businesses dedicated to each of the themes for investment; egg Solutions, Believ and egg Power.

Based on the strategy for each business, the products being built, the plans in place and the equity valuations attracted by these businesses, we expect these businesses to be a key driver of growth for Liberty Global.

These businesses support our People, Planet and Progress objectives as we aim to support Customers to electrify everything and Society to decarbonise and deliver more sustainable outcomes for the future.

About Egg Power

egg Power invests in and develop onsite energy infrastructure and offsite energy projects to provide long term, low-cost power to OpCos, affiliates and third parties and accelerate digital infrastructure

This is our investment vehicle to develop energy projects and services to provide low-cost clean power (through PPAs) to OpCos, affiliates and third parties both over the grid (offsite) and on powered land for digital infrastructure (onsite). The business model is to invest or co-invest in pre-FID renewable energy projects and to develop these projects, enter into long term energy provision contracts, optimise financing and derisk the project through our anchor tenancy.

This role forms part of the founding team.

Job Purpose

The Development and Commercial Lead role will lead on engagement with internal and external stakeholders and in particular our partner(s) in the renewable sector to develop, structure and deliver renewable energy projects to support the customers of Egg Power (OpCos and third parties under CPPAs). Initial ambition to secure 500 GWh of projects/CPPAs across UK and Western Europe. Overtime, the Development and Commercial Lead role will support Egg Power onsite projects also.

The Development and Commercial Lead will play a significant part in delivery of the business plan, taking the lead in a series of project bids, late stage project development, negotiations and delivery. They will also join a growing management team with significant opportunity to contribute to the development of strategy and operational capability. The role will be entrepreneurial, hands on initially working with internal and external colleagues.

Key Accountabilities

Lead renewable project development, commercial structuring and delivery

• Lead energy project origination, development, commercial structuring and delivery through market knowledge, expertise, own network and experience
• Lead late stage development of renewable energy projects through to construction and commercial operations
• Lead and oversee project contracting, procurement, supply chain and programme delivering including risk management
• Lead bids and subsequent negotiation for procurement of new Wind and Solar renewable assets and future onsite energy projects
• Lead commercial structuring of projects to deliver expected returns and risk/reward profile
• Co-ordination of internal functions including Legal, Tax, Treasury
• Understand regulatory, market and operational risks for energy project investments
• Identify issues and lead a learn/change/improve cycle based on our experience of multiple project bid cycles
• Lead projects from acquisition to delivery
  
  

Knowledge & Experience

Skills and Abilities

• Renewable energy project development expertise from late stage to operations – technical, development process and delivery experience essential
• Investment analysis of commercial debt/equity funded transactions in renewable energy in the UK and Europe
• Deal transaction in energy or associated/similar markets
• Commercial negotiation
• Engagement with and commitment to ongoing learning about the evolving energy markets across Europe
• Project management and team development skills, supporting anticipated ramp-up in team scope, need to support on-the-job learning about a multi-factor
• Demonstrable training and experience in Excel modelling, Microsoft Project and Powerpoint development and presentation
• Interpersonal skills
• Experience of corporate Strategy, M&A or associated roles
• Commercial contract negotiation
  
  

Qualifications And Capabilities

• Bachelors or above in Engineering, Physics, Economics or similar
• Energy market and renewable energy experience essential especially in the UK and Europe
• Experience of Private Equity or other Investment environments in the energy sector an advantage
• Development experience of renewable energy projects essential
  
  

Skills & Abilities

• Fluent in English, both verbal and in writing
• Analytically strong and pragmatic with a long term vision
• Ability to apply sound business practices and work with senior management
• Result driven, output focused team player
• Being able to build bridges and create support for improvements
• Being able to translate budgets in business cases into operational impact assessments
• Proactive and self-reliant/ independent self-starter
• Business modelling and knowledge of underlying drivers of growth
• Fits into ambitious, result-driven, down-to-earth culture
• Strong organisational and operational skills, able to plan effectively, anticipate on issues and solving problems
• Knowledge of accounting principles and application of them during 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.