Advisory (Senior) Associate, Origination - PPAs, BESS and Energy Contracting

Aurora Energy Research; Madrid; Híbrido; EUR 70.000 - 110.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Health & Dental Insurance

Pluxee Restaurant Card

Employee Assistance Programme (EAP)

Flexible Retribution

Parental Leave

Descripción de la vacante

Aurora Energy Research is seeking an Origination colleague in Madrid to support renewable and BESS developers, investors and asset owners in route-to-market strategies and PPA negotiations.

You will work with the Head of Origination to convert client opportunities, perform rigorous commercial analyses, and help grow Aurora's European origination offering across storage and renewables.

Formación

• At least 4 years' experience in the electricity sector with renewables or storage.
• Strong understanding of European power markets and the commercial drivers.
• Experience assessing offtake structures and investment cases.
• Strong quantitative and analytical skills with clear recommendations.
• Fluent written and spoken English.

Responsabilidades

• Support evaluating route-to-market and offtake strategies for standalone and hybrid assets.
• Identify, develop, and convert client opportunities with the Head of Origination.
• Support PPA, FPA, tolling, floor and hybrid-contract processes from tender to close.
• Assess market revenues, risk allocation, and bankability implications.
• Lead workstreams and project teams delivering robust commercial analysis.
• Prepare client-facing materials, proposal content, and transaction-support deliverables.
• Contribute to development of Aurora's origination toolkit and playbooks.
• Collaborate with advisory, research and software teams to bring market intelligence into mandates.

Conocimientos

Energy markets

PPA origination

Quantitative analysis

Client engagement

Team leadership

English fluency

Descripción del empleo

Description

Joining our Origination team in Madrid, you will play a key role in supporting renewable energy and BESS developers, investors, IPPs and asset owners as they commercialise assets and secure bankable route-to-market arrangements. Reporting into the Head of Origination, you will help clients evaluate offtake strategies, run tender processes, assess commercial structures, and support the negotiation of PPAs and BESS-related agreements through to close.

A particular focus of this role will be BESS, renewables and hybrid asset structures, requiring a strong understanding of how storage participates in energy, balancing, ancillary-service and flexibility markets and creates value within increasingly renewable power systems.

You will combine strong commercial judgement with analytical capability, working closely with clients to understand their strategic objectives and translate complex market dynamics into actionable recommendations. You will also support business development activities, helping to identify new opportunities and grow Aurora's origination offering across Europe.

This is a dynamic, intellectually stimulating and client-facing role, offering significant responsibility, exposure to senior stakeholders, and the opportunity to influence major investment and commercial decisions across the energy transition.

Department

Advisory

Location

Madrid, Spain

Key Responsibilities

• Support renewable energy and BESS developers, investors, IPPs and asset owners in evaluating route-to-market and offtake strategies for standalone and hybrid assets.
• Work closely with the Head of Origination to identify, develop, and convert client opportunities, including direct involvement in client discussions.
• Support PPA, FPA, tolling, floor and hybrid-contract processes, including tender preparation, bid evaluation, commercial structuring and negotiation support.
• Assess market revenues, risk allocation, capture prices, shape/profile risk, imbalance exposure, collateral requirements and bankability implications.
• Lead workstreams and smaller project teams to deliver rigorous commercial analysis and clear client recommendations.
• Prepare client-facing materials, proposal content, pitch decks, workshop materials and transaction-support deliverables.
• Contribute to the continued development of Aurora's origination toolkit, including playbooks, templates, benchmarks and repeatable approaches across BESS and renewable offtake.
• Work with advisory, research and software teams to bring Aurora's market intelligence and modelling capabilities into origination mandates

Skills, Knowledge and Expertise

Required attributes

• At least 4 years' experience in the electricity sector, working with renewable developers, storage developers, utilities, IPPs, investors, lenders, traders or corporates.
• Strong understanding of European power markets and the commercial drivers affecting renewable generation, BESS and hybrid assets (e.g. imbalance risk, balancing markets, ancillary services and flexibility revenues)
• Experience assessing offtake structures, revenue streams, merchant exposure, risk allocation and investment cases for renewable or storage projects.
• Strong quantitative and analytical skills, with the ability to interpret market information and translate it into clear commercial recommendations.
• Excellent client-facing, communication and stakeholder-management skills.
• Demonstrated success managing workstreams or project teams.
• Ability to work with both technical and commercial stakeholders.
• Evidence of strong performance in team-oriented environments.
• Written and spoken fluency in English.

Desirable attributes

• Experience in PPA/FPA origination, route-to-market advisory, electricity trading, BESS optimisation, tolling/floor agreements or structured energy transactions.
• Experience in renewable offtake, BESS commercialisation, PPA/FPA origination, route-to-market advisory, trading, project finance or asset optimisation
• Additional European languages would be beneficial.

What we offer

• Health & Dental Insurance
• Pluxee Restaurant Card
• Employee Assistance Programme (EAP)
• Flexible Retribution
• Parental Leave

At AER, we are committed to offering flexibility in the way we work. Most of our roles are hybrid with a mix of in-office/home working and potentially adjustable working hours. Let's discuss what works for you and AER during the interview process.

The Company is committed to the principle that no employee or job applicant shall receive unfavourable treatment on grounds of age, disability, gender reassignment, race, religion or belief, sex, sexual orientation, marriage or civil partnership, pregnancy, and maternity.