Senior Manager, Power Markets (PPA Origination)

Senior Manager, Power Markets (PPA Origination)

Location: Madrid, London, Lisbon, or Milan

About Lightsource bp

We are Lightsource bp – and we’re on a mission to become a global leader in onshore renewables, anchored by our proven track record in solar development.

For over a decade we’ve been actively working to diversify the way our world is powered with sustainable and responsible renewable power. We work to safely deliver affordable, reliable, large-scale onshore renewable and energy storage solutions to help the world decarbonise.

Our growing business is constantly innovating and investing to help drive the energy transition. Our people and projects are focused on supporting long-term sustainable growth and energy security.

Lightsource bp was fully acquired by bp in 2024.

What You’ll Do (the Role)

Summary

This role will play a key role in delivering the regional power market strategy for Europe which is a key geographical focus for our ambitious plan for growth.

To develop and implement offtake strategy for projects in the development pipeline by securing Power Purchase Agreements or other relevant agreements. Includes marketing, origination, and negotiation of PPA with utilities and corporates. Multi-country approach focused on Southern Europe and other European markets as required.

Duties and Responsibilities

• Identifying and developing market opportunities with major energy users and utilities, primarily focused on projects in Portugal, Spain, and Italy.
• Work with suppliers and other market participants to develop innovative routes to market to secure bankable revenue to support solar development.
• Work with legal department, structured finance and other internal stakeholders to negotiate heads of terms & PPA contracts.
• Liaise with structured finance, development and commercial managers to create power marketing solutions that optimise funding opportunities and enable development.
• Understand developments in the European markets and energy policy and the impact these will have on Power marketing in order to keep Lightsource BP at the forefront of the market.

Who We’re Looking For

Knowledge

• Comprehensive knowledge of the European power markets is a must along with utility scale renewables experience.
• Multiyear experience of negotiating Power Purchase Agreements in the relevant markets.
• Successful track record of originating and executing complex energy projects and/or transactions.
• Strong interpersonal, communication and collaboration skills.
• Experience presenting at many levels including internal and external stakeholders and speaking at events.

Experience

• Deep experience in one or ideally more of the relevant power markets.
• Origination and negotiation of long-term power purchase agreements.
• Participation in renewable energy support auctions.
• Power trading and risk management.

Why You’ll Make a Great Member of the Team

• Highly motivated individual who can flourish in a dynamic, fast-paced environment.
• Strong communication and presentation skills. Ability to communicate effectively both written and verbally in English; proficiency in another European language is desirable.
• Commercially driven, capable of leading complex negotiations.
• Present yourself with integrity, credibility, and professionalism.
• Willing and able to travel across Europe as required.
• Creative thinker who can find solutions, adapt to market developments, and find new ways to drive value.

Why You’ll Want to Work for Us

Our company is a place where you can be yourself and grow; a place where your ideas and opinions matter.

Be You

We pride ourselves on being an inclusive community, where every individual is valued and treated with respect.

Be Responsible

Our culture is driven by our core values. From operating safely to ensuring our solar projects are responsible and promote biodiversity.

Be Recognized

Alongside a competitive salary, we offer a variety of benefits including annual bonus, retention bank, health insurance, pension, and other local benefits.

Be Inspired

Beyond your day-to-day working life at Lightsource bp, there are a variety of initiatives that will contribute to your own personal development. Initiatives to get involved with include our charitable causes, supporting our solar honey project, or our sustainability initiatives.

Our Core Values

Lightsource bp truly cares about creating a sustainable future through safe, responsible, and meaningful low carbon energy projects. Our core values of Safety, Integrity, Respect, Sustainability, and Drive are the guiding principles for everything we do.