Investment Manager - Onshore Wind

About Low Carbon

Low Carbon is a leading renewable energy company committed to the development, investment and operation of renewable energy at scale. Low Carbon invests into both renewable energy developers and projects across a range of renewable energy technologies including solar PV, wind, energy storage, waste-to-energy and energy efficiency.

Low Carbon, a certified B Corp, has a proven track record in the development, construction, financing and management of renewable energy assets and remains involved in the projects for the long term with a dedicated asset management team that manages assets on balance sheet and for third parties. With a significant international renewable energy pipeline in development of c. 7 GW, Low Carbon is well-positioned to capitalise on opportunities as the need for renewable energy and energy security increases.

Now with over a decade of operation, Low Carbon has formed a strategic partnership with the Massachusetts Mutual Life Insurance Company (MassMutual) to build a leading global renewable energy Independent Power Producer (IPP), targeting 20GW of renewable energy capacity by 2030.

We are extremely proud of the highly professional and talented team at Low Carbon. We have built a positive learning culture that incorporates respect, trust, collaboration, and a shared passion to combat climate change. It is an open, friendly and supportive environment, and we are proud to say we work here. As we grow, we are committed to increasing diversity in the team, and continuing to foster an inclusive environment where we can learn from each other.

The Low Carbon Investment Team

The Low Carbon Investment Team operates across all major renewable and storage sectors, interacts with a broad spectrum of counterparties and invests in locations across the UK, Europe and select global markets. The role of the Investment Team is to deploy early-stage development capital, build multi-technology development platforms and pipelines and undertake / oversee all activities required to take assets through to financial close and into construction.

The Low Carbon Investment Team covers all investment disciplines required to develop, commercialise and finance multi-technology assets from greenfield through to commercial operation.

To deliver the growth ambitions of the business we are continuing to expand our 20 investment professionals team in response to our c. 7 GW pipeline of renewable energy projects currently in development and c. 500MW currently in construction.

Role Description

As an Investment Manager, you will join to focus on supporting the growth of Low Carbon’s market presence in onshore wind, across an ever expanding European geographic footprint. This role will be based in our modern London office with travel required as appropriate.

With a flexible approach to structuring and capital deployment, a focus on asset creation / early stage development and a portfolio approach to driving long term, sustainable value across the entire project lifecycle, this is a rare opportunity to join an established, well capitalised and proven renewable energy generation and storage IPP in a high profile, high impact role.

Key Responsibilities

• Lead analysis and evaluation of new investment opportunities through transaction execution activities including commercial structuring, modelling and valuation, due diligence, preparation of internal investment memoranda, presentation to investment committee and legal negotiation and finalisation of long form documentation to facilitate financial close
• Actively manage deal team personnel and workload
• Manage and oversee the development of projects Low Carbon has invested in through the development cycle, to ensure that the projects are developed as swiftly as possible without compromise to future commercialisation potential and long term value creation
• Assist in the origination of renewable energy investment opportunities from developers and companies with a focus on onshore wind and enhance the knowledge and reputation of Low Carbon in the market
• Project management of transaction processes and documentation with developers and funding partners
• Mentor and coach junior members of the team and potentially take on people management responsibilities
• Contribute to the firm’s unique team culture and the overall effective management of Low Carbon as a senior member of the investment team
• Work across multiple European geographies

Skills and Experience

• Relevant work experience should include a background in renewable energy investment in onshore wind with a proven track record of executing transactions. Experience of development transactions is a plus
• A demonstrable, detailed understanding and knowledge of both the key technical and commercial aspects associated with the entire onshore wind project development process including land acquisition, planning and permitting law and process, optimising resource and project design, grid regimes etc. to be able to independently assess projects and efficiently coordinate internal and external experts
• Knowledge of power market designs and regulatory frameworks in Europe
• Experience in executing the full suite of transaction, project and financing documentation to optimise the value proposition and secure appropriate risk allocation is a key requirement of the role
• Analytical mindset and highly capable with financial modelling
• A clear understanding of financial valuation theories coupled with core accounting and tax skills
• Commercial mindset, able to own investment decision making and be able to present opportunities to senior management / investment committees
• An ability to understand risks, reach a balanced appraisal of probability and impact, and build workable risk mitigation strategies
• Exceptional project management and organisational skills. Evidence of managing complex workloads in a fast-paced environment and being able to execute transactions as a principal
• A well-developed network in the renewables sector and ability to represent Low Carbon at key industry events
• Excellent communicator and able to interact with all key stakeholders in the key development, procurement and financing processes (developers, networks, governmental authorities, financiers etc.). Indications of an aptitude to communicate effectively and tailor the communications to the needs of the recipient will be important
• Fluency in European languages is a plus but not mandatory

Personal Attributes

• Ambitious and driven – this is a unique opportunity to deliver real impact by building and implementing a development and investment strategy for Low Carbon in the sector
• Entrepreneurial – a strong sense of what drives value in projects and an ability to create value opportunities
• Have a ‘hands on’ approach, visible across the business with good communication and other interpersonal skills
• A strong commitment to the ethics and values of Low Carbon with regards to investing in a renewable future and reversing the impact of climate change
• Commercially astute, thoughtful and considered
• Be driven, dynamic, forward thinking, innovative and agile; and be comfortable working in a high growth, fast paced, adaptable environment
• Be able to act in confidence, with discretion and tact
• 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
• A natural collaborator who brings out the best in people and respects people at all levels

Our Benefits

• 26 days holiday plus your birthday off
• Competitive annual salary and annual bonus; highly attractive carry structure to provide significant upside for successful performance
• Discretionary Bonus
• Annual Bupa Health Check
• Private Healthcare for you and your family (medical history disregarded)
• Contributory Pension
• Cycle scheme
• Sodexo for commercial discounts and perks
• 3 additional days for volunteering to support causes of your choice
• £50 credit per month towards short notice childcare, eldercare and pet care via ‘Bubble’