Development Portfolio Manager (m/w/d)

At Octopus Energy Generation (OEGEN), we're passionate about powering a sustainable future. As pioneers in the renewable energy space, we don't just invest in utility-scale projects; we invest in people, communities, and a greener tomorrow.

Since stepping into the renewables arena in 2010, we've made waves - becoming a top investor in onshore wind across mainland Europe and the largest backer of solar power in Europe. Today, we proudly manage over ??7bn in renewable energy assets worldwide.

Our portfolio includes over three hundred major energy-generating companies, from wind farms to solar power plants, with exciting new ventures in energy storage, e-fuels and beyond. As we continue to grow, we're looking for passionate individuals to join our diverse and dedicated team, helping us drive the future of renewable energy forward.

Whilst we maintain a degree of flexibility, this position requires an average of 3 days in the office per week in London.

Team Overview

The Development Portfolio Management Team at OEGEN is in charge of delivering our development investments and works hand in hand with developers to deliver on the investment cases in changing commercial and market dynamics.

Your mission will be to make our large development portfolio across Europe a huge success. It spans different maturity stages (from early stage land to ready to build) and five countries.

We are looking for someone who is very commercially minded, understands renewables development, loves data and communicates clearly with the team and senior stakeholders. The board directors and fund managers will rely on you to support them in decision making and value creation for portfolio companies.

You will be in charge of value maximisation of projects through their development journey (from early stage to ready to build) and lead on exits. Fluency in Italian is essential for this role.

What you'll do

• Commercial Management
  • You will be responsible for the commercial management of multiple development pipelines, working closely with developers to ensure delivery of investment objectives and progress of projects through development milestones to ready to build.
  • You will be the first point of contact with each developer, manage day-to-day coordination and communication with developers and lead operational reviews of pipelines.
  • Lead on value maximisation of each development project including time of exit, sale preparation, revenue contracting, last mile development and other activities ensuring the best returns to investors on exit.
  • Provide strategic oversight and direct management of portfolio companies, providing briefings and solutions to decision makers (such as board directors and fund managers).
  • Monitor valuation and financial performance of investments to optimise returns and conduct regular assessments of investment and overall portfolio performance against objectives.
  • Identify and mitigate risks related to the performance of the portfolio, enhancing investment resilience and performance.
• Governance Oversight
  • Responsible for implementing, maintaining and enhancing governance frameworks to ensure compliance with internal standards and external regulatory requirements.
  • Work closely with senior management and shareholders of portfolio companies and partners to ensure that governance practices are well-managed and operational processes are optimised.
  • Be an active member of operational committees and an observer on boards.
• Team Leadership and Support
  • You will work within a team of commercial managers and will role model execution of day-to-day role, while fostering a culture of empowerment and continuous improvement.
  • You will work closely with OEGEN Fund Managers to deliver the overarching fund objectives.
  • You will be responsible for reporting against the development and investment KPIs.

What you'll need

• Fluency in Italian
• Strong commercial acumen with a proven track record in managing investments, assets and/or development pipelines against investment objectives delivery.
• Be a pro-active and self-starting senior team member who has a strong sense of ownership, "can do" attitude, strong team spirit and ability to grow team members.
• Proficient in financial modelling, accounting, project management, data and reporting.
• Experience in establishing and managing corporate governance structures.
• Experience managing and driving strategic initiatives for a portfolio of businesses/developers with renewable assets.
• Great communication and interpersonal skills, adept at engaging and influencing a diverse stakeholder group.
• Preferably but not mandatory experience in sales of renewables energy assets (development, in construction or operational).

Why else you'll love it here

• Wondering what the salary for this role is? Just ask us! On a call with one of our recruiters it's something we always 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!

• Octopus Energy Group 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 were recently named the UK's top company to work for, and we ranked in the top ten in the Sunday Times Best Places to Work 2024. 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.

• Visit our UK perks hub - Octopus Employee Benefits

If this sounds like you then we'd love to hear from you.

P.S. Our process usually takes up to 4 weeks, but we'll always do our best to flex around what works for you. Along the way, you'll chat with our recruitment team and your Recruiter will help you throughout different stages. Got any burning questions before then? Drop us a message at [email protected] and we'd love to help!

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.

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.