Careers

Why are we here?

At Renewco we exist to create value both economically and environmentally, our view is that we are responsible for creating a sustainable future for our planet and its population.

We develop high quality renewable energy projects that will accelerate the deployment of clean energy assets that will enable countries to de-carbonise their power systems.

We are proud to be at the heart of the global energy transition and our contribution across Europe, U.S.A. and beyond will be significant.

If you work at or with Renewco, we want you to be passionate about our purpose. If it resonates with you, then please read on…

Our DNA is made up of 4 key ingredients, we are:

  • Entrepreneurial – we seek out opportunities. We understand the risks involved in development and how to mitigate them. Our approach is flexible and tailored to each market and opportunity
  • Experienced – we have skills across the board in the team from development, finance, off-take. Clever people, good brains, years of experience enable us to provide the right expertise at the right time
  • Trusted Partner – we have a history of working together, a successful track record of delivery and the financial backing of SSE Plc
  • Ambitious – we are comfortable setting big and bold goals and objectives

Vacancies

Green Hydrogen Manager or Director (dependent on experience)
Closing Date: 22/03/2023

Job details:

Renewco is now looking for a dynamic senior team member to drive Renewco’s growth plans in the green hydrogen space across its core markets in Europe and United States where the governments have recently announced ambitious support plans to transform their energy landscapes.

The key responsibilities of this role are:

  • to build and implement Renewco’s strategy and know-how in green H2 across our core markets, including the supporting of data analysis, technical due diligence, H2 and business case modelling
  • to originate and structure green hydrogen offtake agreements while linking up these offtake agreements to the development of large-scale renewables-to-hydrogen projects together with Renewco’s in country development teams
  • to seek and establish relationships with the relevant project delivery partners such as engineering consultants, electrolyser manufacturers, H2 pure players, industrial gas companies, gas market operators and midstream gas companies
  • to build a green H2 delivery team while growing the project pipeline

Therefore, the ideal candidate is expected to have:

  • a solid business network across the hard-to-abate industrial sectors and
  • a solid experience in natural/industrial gas sales or operations, in industrial processes, or alternatively in procurement divisions of hard-to-abate industries

Further qualifications and experience:

  • University and a master’s degree in engineering or business
  • Minimum 8 years of professional experience
  • Experience in negotiating agreements and contracts
  • Experience in renewable energy development or investment is a BIG PLUS
  • Commercial understanding of hard-to-abate sectors and economics of green H2
  • In depth understanding of the regulatory environment affecting the energy and hard-to-abate industries
  • Excellent analytical skills, commercial acumen and demonstrated achievement
  • Excellent communication skills
  • Culturally adaptable to working in different countries

 What we offer:

  • Competitive base and attractive bonus
  • Remote and flexible work with travel
  • Career and personal growth opportunity
  • Fun and collaborative environment

 

Investment Associate
Closing Date: 28/03/2023

Job details:

This role will be a key member of the investment team being involved in all aspects of Renewco’s investments including own developments and deal activity (co-development agreements, etc.). This will include supporting the senior team with investment evaluation, securing internal approvals, managing diligence processes and advisors. There will be significant input and support from the Renewco team on all aspects of investments and a key requirement will be communicating and influencing effectively internally as well as externally.

This role will be highly involved in the analysis and reporting of Renewco’s own developments to ensure we are delivering targeted returns. This role will also to be the focal point for key deal metrics and benchmarks (exit premia, power prices etc) and to improve and standardise key documents (IC papers, HoTs, etc).

Key activities and responsibilities:

  • Build financial models to support solar, wind and BESS development/investment activities
  • Coordinate, monitor and report financial progression of projects in development
  • Support CIO and/or Investment Manager with the assessment of potential (co-)development opportunities or acquisitions
  • Write investment papers
  • Support CFO with reporting activities
  • Support due diligence activities (including negotiation of scope of work) on new investment opportunities
  • Support negotiations of various project agreements (HoTs, Development Services, etc.)
  • Support potential sale process of projects
  • Monitor, analyse and report on relevant transactions and valuation references

Qualifications and experience:

  • 3-6 years’ experience in private equity/infrastructure fund, financial advisor (M&A) or renewable energy developer
  • Good understanding of renewable energy development especially solar and wind
  • Strong financial modelling, investment appraisal and market analysis skills
  • Commercial mindset, pro-active and solution oriented
  • Attention to detail while working in a fast-paced environment with entrepreneurial mind set
  • Ability to work individually and as a team
  • Strong oral, written and presentation skills
  • Dynamic and ambitious professional who wants to become an instrumental part of a growing team
Wind Developer - On Shore Wind and Hybrid Technologies
Closing Date: 31/03/2023

Job details:

To proactively develop Renewco Power’s On shore Wind pipeline business in the UK focusing on prospecting a portfolio of 20+ projects and converting these into over 1GW of ready to build onshore wind projects with complementary hybrid technologies.

You will need the ability to lead and manage multi-disciplinary project teams along with communicate with regulators, local communities, consultants and landowners.

The role will involve the site selection activities, development and implementation of EIA scoping strategies, project management of EIA studies, defining and managing surveys works and appropriate mitigation, obtaining consents, statutory stakeholder engagement, community engagement, project financial approvals and budgetary control.

In addition, the ability to engage with land owner and land agent to manage and complete all the land agreements associated with large scale renewable developments is essential.

The successful candidate will also have a strong track record in project development, great interpersonal skills and budget management.

Key activities and responsibilities:

  • To manage projects from concept through the development phases ensuring that all consents are secured for deliverable project with competitive LCOE’s.
  • Identify, deploy and manage appropriate human resource from appointed consultants on a project basis
  • Lead and recommend appropriate development strategies to the Head of Development
  • Lead and provide input to all commercial agreements and contracts including leading solicitors and land agents to conclude option and lease agreements.
  • Prepare and present project investment papers
  • Agreement, management and forecasting of necessary budgets including ensuring budgets are delivered to the Head of Development, CEO and Finance Director which provide accurate and timely information to support their understanding of strategic risks, issues, opportunities, impacts and progress
  • Manage and actively identify all critical risks, issues and impacts of the project specifically the adequate application of and adherence to both statutory and corporate health, safety and environmental requirements
  • Negotiate and lead interfaces with all key stakeholders
  • Provide point of contact for landowners and communities requiring information about the project
  • Responsible for ensuring best practice project management
  • Responsible for all aspects of project management with consultants/contractors
  • Advise the Head of Development, CEO and members of Renewco’s Board on the impact of technical/specialist risks and issues and the viability of solutions recommended
  • Balance technical detail with commercial needs and provide recommendations, taking into account all relevant risks
  • Ensure that all recommendations are documented and sufficient due diligence exists to support decisions (whether internal or external diligence)
  • Present decisions and recommendations to the Head of Development, CEO and Board in a structured and robust manner

Qualifications and experience: 

  • Degree or equivalent experience in Environmental Management, Planning, Environmental Engineering, Environmental Science, Land Management/Surveying or relevant qualification in obtaining legal consents
  • Minimum 6 years’ experience in wind development
  • Relevant professional qualification
  • Proven Project Development experience in renewable energy developments (preferably development of onshore wind at utility scale)
  • Experience and understanding of 1) planning system and consenting regimes across the UK and ROI and 2) Land agreements for renewable energy developments
  • Highly developed negotiation skills
  • Health & Safety awareness
  • Tenacity, persistence and determination to succeed
  • Excellent interpersonal skills
  • Excellent report writing and presentation skills
  • Ability to work under pressure and to deadlines

Storage Market Data Analyst
Closing Date: 05/04/2023

Job details:

The main objective of this role is to support country specific storage development strategy and investment process from power market analytics, storage revenue stream forecasting and regulatory perspectives.

The successful candidate will assist the Storage Business Development Director in storage commercial RtM analysis and building of revenue models in each of the target geographies based on fundamental bottom-up(i.e. renewables penetration, power market trends, need of ancillary services, others) and top-down (i.e. regulatory, country targets) storage market analysis .

This is a great career opportunity for someone who is currently working at a reputable UK grid tech software company with first-hand experience in storage assets and would like to move to a fast growing renewable energy developer and investor.

Key activities and responsibilities:

  • Fundamental power market and regulatory analysis for storage business opportunity in of each the target markets in Europe and the US;
  • Analysis of energy market data from various territories to produce historical trends and forecasts;
  • Analysis of third party information to develop forecasts, investment cases and summaries for wider business;
  • Manage relationships with third party analysts and recommend suppliers for specialist items of work;
  • Understanding and analysis of TSO grid network and interlink between the grid connection process and storage revenue models;
  • Developing, supporting and managing storage financial models for individual development projects (excel financial model experience is preferable but not a must) ;
  • Understanding the differences (relating principally to revenue and costs) between the versions of the standard model in use for Renewco’s various geographical markets – making appropriate modelling changes
  • Competence at supporting the development side of the team in modelling different project development scenarios (e.g. relating to PPAs, storage etc)

Qualifications and experience:

  • Minimum 2 to 3 years of experience at a power grid data infrastructure, storage RtM provider or aggregator company with a focus on storage revenue optimisation, forecasting or trading data analysis
  • Masters’ degree or equivalent, preferably in economics, business or engineering
  • Training in modelling and data analysis
  • High IT proficiency in MS Excel, macros and/or programming
  • Highly self-motivated
  • Strong organisational skills with the ability to multitask
  • Strong initiative and creative thinking
  • Ability to work individually and as a team
  • Excellent communication skills, both verbally and in written form
  • Passion for renewable energy and data
  • Willingness to travel occasionally to attend conferences and meet key stakeholders in target markets.

MEET A FEW OF THE TEAM



Phil Nurse
Senior Investment Manager

Q: How much scope are you getting to do stretching tasks at Renewco?
Despite our small size, Renewco covers such a wide range of markets and technologies (and we are always exploring more), it can be challenging to keep pace.  However the strength and energy of the team makes this challenge quite manageable.

Q: How did you enjoy working on the U.S. deal?
It is always satisfying successfully closing a deal but trebly so in this instance.  Not only is it a significant milestone for Renewco in terms of size, territory and funding but it has also resulted in what will be a meaningful and fruitful partnership with Beaufort Rosemary.

Q: What 3 words would you use to describe Renewco?
Ambitious, Agile, Proactive.



Daniel Perez
Technical Director

Q: What is the most interesting part of your role at Renewco?
I find really thrilling the way Renewco is thinking in the future of the energy sector and how we are putting together the foundations of the projects that will make that future come true.

Q: How do you connect with your colleagues given we are in different country and often remote working?
In the renewable energy sector, most of us were already used to work in international projects with co-workers in different countries, time zones or on-site during construction. Additionally, the pandemic has pushed everyone to remote working accelerating an existing trend, so working in Renewco with a great team of experienced colleagues is easy.

Q: What three words would you use to describe working at Renewco?
Integrity, Experience, Future.


Michael Mackay
Developer Onshore Wind


Andrew Crossland
Battery Storage Manager

How do you like to work?

At Renewco…

  • We are agile – our lean structure means we can move at pace and call on external resource as and when we need it. This enables us to respond to the dynamic markets we operate in
  • We have a ‘can do’ attitude – we value innovation and creative solutions to overcome challenges
  • We are comfortable with debate – we value debate and challenge. No-one’s voice is more important than the other and ego’s are left ‘at the door’. When decisions are made, we all stand by them
  • We are collaborative – we support each other in the pursuit of Renewco’s goals. We roll up our sleeves to get the job done
  • We act with integrity – we say what we do and we do what we say