Development Portfolio Manager

Octopus Energy Group; City Of London; Hybrid; GBP 80,000 - 100,000; Full time

Job summary

A renewable energy company in London is seeking a Commercial Manager to oversee the commercial management of development pipelines and ensure governance compliance. The ideal candidate should have strong commercial acumen, experience in managing investments, and excellent communication skills. This position offers a culture of autonomy and growth, with a focus on driving forward renewable energy projects.

Benefits

Tailored salary based on experience

Commitment to diversity and inclusion

Employee perks hub with leadership content

Qualifications

• Proven track record in managing investments, assets, and development pipelines.
• Strong sense of ownership and a proactive attitude.
• Experience establishing corporate governance structures.

Responsibilities

• Manage the commercial aspects of development pipelines and investments.
• Ensure compliance with governance frameworks and regulatory requirements.
• Lead and mentor a team of commercial managers.

Skills

Commercial acumen

Financial modelling

Project management

Communication skills

Data analysis

Job description

At Octopus Energy Generation (OEGEN), we're passionate about powering a sustainable future. As pioneers in the renewable energy space, we don't just invest in utility‑scale projects; we invest in people, communities, and a greener tomorrow.

Since stepping into the renewables arena in 2010, we've made waves – becoming a top investor in onshore wind across mainland Europe and the largest backer of solar power in Europe. Today, we proudly manage over £7bn in renewable energy assets worldwide.

Our portfolio includes over three hundred major energy‑generating companies, from wind farms to solar power plants, with exciting new ventures in energy storage, e‑fuels and beyond. As we continue to grow, we're looking for passionate individuals to join our diverse and dedicated team, helping us drive the future of renewable energy forward.

Whilst we maintain a degree of flexibility, this position requires an average of 3 days in the office per week in London.

Team Overview

The Development Portfolio Management Team at OEGEN is in charge of delivering our development investments and works hand in hand with developers to deliver on the investment cases in changing commercial and market dynamics.

Your mission will be to make our large development portfolio across Europe a huge success. It spans different maturity stages (from early‑stage land to ready‑to‑build) and five countries.

We are looking for someone who is very commercially minded, understands renewables development, loves data and communicates clearly with the team and senior stakeholders. The board directors and fund managers will rely on you to support them in decision making and value creation for portfolio companies.

You will be in charge of value maximisation of projects through their development journey (from early stage to ready to build) and lead on exits.

What you’ll do

• Commercial Management:
  • You will be responsible for the commercial management of multiple development pipelines, working closely with developers to ensure delivery of investment objectives and progress of projects through development milestones to ready‑to‑build.
  • You will be the first point of contact with each developer, manage day‑to‑day coordination and communication with developers and lead operational reviews of pipelines.
  • Lead on value maximisation of each development project including time of exit, sale preparation, revenue contracting, last‑mile development and other activities ensuring the best returns to investors on exit.
  • Provide strategic oversight and direct management of portfolio companies, providing briefings and solutions to decision makers (such as board directors and fund managers).
  • Monitor valuation and financial performance of investments to optimise returns and conduct regular assessments of investment and overall portfolio performance against objectives.
  • Identify and mitigate risks related to the performance of the portfolio, enhancing investment resilience and performance.
• Governance Oversight:
  • Responsible for implementing, maintaining and enhancing governance frameworks to ensure compliance with internal standards and external regulatory requirements.
  • Work closely with senior management and shareholders of portfolio companies and partners to ensure that governance practices are well‑managed and operational processes are optimised.
  • Be an active member of operational committees and an observer on boards.
• Team Leadership and Support:
  • You will work within a team of commercial managers and will role‑model execution of day‑to‑day role, while fostering a culture of empowerment and continuous improvement.
  • You will work closely with OEGEN Fund Managers to deliver the overarching fund objectives.
  • You will be responsible for reporting against the development and investment KPIs.

What you’ll need

• Strong commercial acumen with a proven track record in managing investments, assets and/or development pipelines against investment objectives delivery.
• Be a pro‑active and self‑starting senior team member who has a strong sense of ownership, “can do” attitude, strong team spirit and ability to grow team members.
• Proficient in financial modelling, accounting, project management, data and reporting.
• Experience in establishing and managing corporate governance structures.
• Experience managing and driving strategic initiatives for a portfolio of businesses/developers with renewable assets.
• Great communication and interpersonal skills, adept at engaging and influencing a diverse stakeholder group.
• Preferably but not mandatory experience in sales of renewables energy assets (development, in construction or operational).

Benefits and Culture

• Salary is tailored to experience, discussed openly on call with recruiters.
• Unique culture of autonomy, learning, and rapid decision‑making. Recently named UK's top company to work for and ranked in the top ten in the Sunday Times Best Places to Work 2024.
• Employee perks hub, including benefits, podcasts on culture and leadership.
• We are committed to diversity, equality and inclusion, providing an inclusive work environment and fairness for everyone.

If this sounds like you then we'd love to hear from you.

P.S. Our process usually takes up to 4 weeks, but we'll always do our best to flex around what works for you. If you have any questions, drop us a message at [e-mail].

As an equal opportunity employer, we do not discriminate on the basis of any protected attribute. Our commitment is to provide equal opportunities, an inclusive work environment, and fairness for everyone.