Job Description
Senior Investment Manager - Energy Transition
London, UK /
Help us make a big green dent in the universe. We're on a mission to drive the global renewable energy revolution, and we need loads more people to help us make our vision a reality.
As part of the wider Octopus Energy group, Octopus Renewables sources, invests in and actively manages a range of utility scale renewable energy assets. We are looking to expand our team as we continue to scale our investments base of c£3.5bn.
Since entering the renewables market in 2010, Octopus Renewables has grown to become the largest investor of solar power in Europe and a leading investor in onshore wind. We currently manage an increasingly global portfolio of renewable energy assets. The operational portfolio includes over 250 energy generating companies, delivering revenue in excess of £250m pa.
Having originated, invested and managed assets in the renewable energy sector for over a decade, our energy investment and asset management team of c.70 professionals is one of the largest and most experienced in Europe. The team is structured for scale and long-term ownership of energy assets.
We are looking for an experienced Senior Associate/Investment Manager/Senior Investment Manager to work within Octopus Renewables, reporting to the Investment Director responsible for an area of investment activity focused on the energy transition, but excluding core established technologies such as solar and wind (which are well covered elsewhere within the existing investment team). The investment mandate is broad and includes venture capital or private equity type investments and real asset (infrastructure) investment. Your role will be to help a dedicated growth team originate, assess, structure and execute investment opportunities, providing high quality financial analysis and commercial insight to support all aspects of the investment process.
What you'll do
- Investment strategy: You will be expected to influence the strategic direction of our investment activities, collating analysis and providing opinions. You will work closely with the team, to ensure the opportunities which best fit the investor’s objectives are being prioritised and executed.
- Origination: You will be expected to utilise and enhance your existing network to originate growth opportunities and build trusted relationships with the people behind the target businesses/partnerships.
- Structuring: You will be expected to support the development and structuring of new products, investments and/or partnerships, taking ownership of the day to day tasks required to arrange structures and the associated contracts.
- Diligence and modelling: You will be responsible for developing and maintaining the financial model used to develop/assess new products/investments/partnerships and be responsible for leading external and internal teams supporting the diligence processes.
- Transaction Execution: Leading the delivery of transactions including oversight of team members managing the process and leading any commercial discussions and contract negotiations.
What you'll need
- Experience working in renewables or broader energy sector investing, either through infrastructure or venture capital/private equity investment.
- You will be able to supply multiple examples of reviewing business propositions.
- The ability to understand and model accurately a business proposition, run scenarios and consider sensitivities.
- Confidence to operate and interpret a detailed project financed infrastructure financial model.
- Ability to translate outputs of financial models into actionable commercial insights and communicate these clearly and succinctly.
- Strong financial acumen including a thorough understanding of discounted cash flow valuations and the differences and relationships between choices of discount rate.
- Relevant financial qualifications such as accountancy or CFA would be an advantage
- Ability to thrive in a fast-moving business.
- Ability to make things happen when there is no clearly defined or well-trodden path.
- Flexible working environment - genuine work life balance here, we are in the top 5 companies in the UK , we treat you as a human, and do our best to make work and life merge smoothly together
- Relaxation - we don’t count your holidays here, we work hard, and so we know you need to play hard as well (within reason of course)
- Equity Options Scheme - you own your own part of the business, share options in the whole Octopus Energy Group so we all work together towards success
- Office culture - have a certain tech requirement? We’ll do our best to get it. Our offices are also stocked with fruit, breakfast, great coffee and soft drinks. Weekly on a Friday we all get together (this happens virtually too) for company updates and drinks - we call it Family Dinner
- Social Events - we sponsor YeoValley’s summer festival, valleyfest , every year for our big offsite Summer party (we take our kids too) and we also aim to have 3 parties a year
- Parents - get access to tax free childcare and maternity and paternity pay. We’re always looking for new ways to support parents, during lockdown we created OctoKids TV to help keep your kids occupied and entertained
- Your development is important - we support and help with development including internal and external courses, learning, study support etc, all bespoke to you
- Cycle to Work Scheme - to help lower your carbon footprint whilst good for your healthWe also have access to the EV Salary Sacrifice Scheme - if you want to get an EV!
At Octopus, we're looking for genuinely decent people who are honest and empathetic. Our commitment is to provide equal opportunities, a diverse and inclusive work environment, and fairness for everyone. You are welcome to apply no matter your race, gender identity, sexuality, age, family or civil status, disability, religion, or ethnicity.