Vice President, Global Development (Gatineau or Toronto)

Brookfield Renewable; Gatineau; On-site; CAD 150,000 - 200,000; Full time

Job summary

Brookfield Renewable seeks a Vice President of Development to oversee global renewable energy project origination and support strategic initiatives across Portfolio Companies. The ideal candidate will possess deep industry experience and a proven track record in project development and financing, contributing to the expansion of renewable energy projects in a dynamic environment.

Benefits

Competitive salary and bonus structure

Health benefits program

Defined contribution pension plan

Modern gym and bike storage

Qualifications

• A minimum of twelve years of experience in the energy industry, including 3 years in Renewables.
• Strong understanding of risks, benefits, and returns of development projects.
• Experience in negotiating and structuring renewable energy projects.

Responsibilities

• Support strategic development and project structuring for Portfolio Companies.
• Oversee Global Development Pipeline report and ensure data quality.
• Lead cross-functional collaboration to drive Development growth.

Skills

Analytical skills

Interpersonal skills

Problem-solving skills

Education

University degree in Finance, Business, Management or Engineering

Job description

About Us

Brookfield Renewable is one of the core businesses under Brookfield Corporation (“Brookfield”), one of the world’s leading alternative asset managers. Brookfield Renewable is one of the world’s largest owners, operators, and developers of renewable power, with $102 billion of power assets under management. Our portfolio of hydropower, wind, utility-scale solar, distributed generation, and storage assets extends across North America, South America, Europe, India, and China, totaling almost 33,000 megawatts of capacity, and over 7,000 generating facilities globally.

Come Join Us

At Brookfield Renewable, we attract and retain high-performing individuals who are interested in making an impact, driving meaningful change and being part of a fast-paced and collaborative environment. Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Together, we contribute to the success of one of the fastest growing and largest publicly traded, pure play renewable power platforms in the world while supporting decarbonization and greater energy sustainability to facilitate the global transition to a net-zero.

About the Role

Reporting to the Senior Vice President of Global Development and Procurement, the Vice President, Development will support our global businesses by providing strategic support to our Portfolio Companies who are driving the origination, development and commercial structuring of renewable energy projects around the world portfolios and companies in on and offshore wind, solar, energy storage and other technologies.

With a development pipeline of approximately 200GW and our pace of commissioning projects tracking towards 10GW a year and growing, the successful candidate will focus on building efficiencies and identifying opportunities for collaboration on development projects to support growth objectives within our Portfolio Companies to enhance speed of development and further drive risk-adjusted returns. This position requires knowledge across all stages of development including origination; business case development; economic evaluation and risk assessment; negotiation and structuring; permitting, interconnect and land acquisition; and commercial aspects to advance and de-risk projects.

Key Responsibilities

Development Best Practices & Reporting

• Oversee the Global Development Pipeline report with a focus on pipeline data quality and bringing efficiencies to the reporting process
• Sharing best practices, key learnings & development standards
• Conduct regular check-ins on project performance and progress, identifying areas for improvement and proposing corrective actions as needed
• Understand and track benchmarks for development projects in key markets across CapEx, OpEx, and DevEx and development timelines to support model development and ad-hoc analyses
• Support financing optimization initiative to improve timeline to close project financing

Cross-functional collaboration & Stakeholder management

• Work with Portfolio Companies and Asset Management to support and drive Development growth across all segments globally
• Provide Development capabilities and support to Portfolio Companies when needed (particularly when standing up a new business or growing development in a region where we have less experience)
• Identification and leadership of cross-platform initiatives
• Work collaboratively within the Global Development team (which covers Key Accounts, Global Strategic Procurement, Markets and Technical) to identify key value drivers and leverage Brookfield’s global capabilities

Acquisitions and Divestments / M&A:

• Support development pipeline quality assessment during due diligence when local team requires support, supporting the M&A team in identifying, assessing, and executing on project pipelines for development. Lead the screening, prioritization, and due diligence of potential project development acquisition opportunities when required
• Support regional asset management and investment teams in maximizing value of development pipeline upon divestment

Leadership:

• Provide Development leadership to the business, maintaining strong networks within the energy industry and key stakeholders in the area of project development
• Manage one team member responsible for the day-to-day activities around corporate development and reporting
• Identify opportunities to leverage external consultants to optimize results

Knowledge and Experience Required

• University degree in Finance, Business, Management or Engineering or in another technical or relevant related discipline
• A minimum of twelve (12) years of experience in the energy industry, with at least 3 years experience in Renewables, preferably in a Development role
• Solid understanding of overall risks, benefits and returns of development projects and the key drivers to success, including strong understanding of development dependencies on land, interconnection and permitting. Ability to quickly assess and prioritize the potential value, risks and returns of a project
• Impressive track record and experience in originating, developing, negotiating and/or structuring bankable renewable energy projects or investment transactions
• Working knowledge of project financing of renewable energy projects
• Significant experience and understanding of the Global power and related markets, specifically as it relates to project development and acquisitions in the renewable sector
• Ability to work in a dynamic, fast-paced environment and to adapt quickly to changing priorities
• Self-motivated, with a high level of initiative. Proven experience in leading cross functional teams in advancing performance and process improvement projects through to execution
• Excellent analytical and problem-solving skills
• Strong communication and interpersonal skills, with the ability to present operational information clearly and effectively

Note: Offices continue to be central to collaboration and Brookfield’s identity. This position requires the employee to be on-site to perform most effectively.

This position is based in our Gatineau office, but we are also open to candidates located in Toronto.

Working here, you will enjoy:

At Brookfield, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential.

• We work to recognize you in meaningful, personalized ways including a competitive salary, bonus structure, a health benefits program, and defined contribution pension plan.
• Our spaces are open, dynamic, and collaborative, giving you access to different businesses and teams. For your wellbeing, our building is equipped with a modern gym, bike storage, and healthy snacks and drinks.
• We cultivate a culture where we invest in your growth and development.

Diversity & Inclusion

Brookfield Renewable embraces and promotes the principles of diversity, equity, and inclusion. We welcome and encourage applications from all qualified candidates, including women, Indigenous peoples and other persons of all races, ethnic origins, religions, abilities, sexual orientations, and gender identities and expressions. We also provide accommodation during all parts of the hiring process, upon request. If contacted to proceed to the recruitment process, please advise us if you require any accommodation.