Senior Commercial Manager for Offshore Wind Divestments
2 weeks ago
Salary: £60,000 - £80,000 per annum
About the RoleThis is an exciting opportunity to join RWE Renewables UK Management Ltd. as a Senior Commercial Manager for Offshore Wind Divestments. You will be responsible for leading the divestment process of offshore wind projects from start to completion, including managing stakeholders and ensuring efficient and economic project execution.
Job DescriptionAs a Senior Commercial Manager, you will oversee the entire divestment process, including:
- Leading and managing the OFTO divestment process from start to completion
- Managing relationships with stakeholders, including OFGEM, BEIS, OFTO bidders, external advisors, syndicate banks, and JV partners
- Negotiating and managing Transfer Agreements and ancillary agreements with preferred bidders
- Liaising with RWE stakeholders to ensure transactions meet company needs
You will work closely with the project team to guide the cost assessment process, identify costs efficiently, and allocate resources effectively.
RequirementsTo be successful in this role, you will need:
- University degree in a relevant discipline (e.g., business, legal, finance, economics)
- Several years of transaction experience in the energy industry, specifically in offshore wind
- Strong expertise in OFTO divestments, M&A, JV's, and project finance
- Negotiation experience of key project contracts (e.g., SPAs, SHA's, Transfer Agreements, Security Agreements, Interface Agreements, Construction Agreements, O&M Agreements)
- Profound knowledge of the regulatory and technical aspects of the OFTO regime and industry
- Ability to forward plan, project manage, discover, anticipate, and resolve potential problems
- Strong commercial mindset, excellent communication skills, and experience in managing diverse stakeholders
We offer a competitive salary range of £60,000 - £80,000 per annum, depending on experience. You will also have access to training and development opportunities to enhance your skills and career prospects.
About UsRWE Renewables UK Management Ltd. is a leading player in the offshore wind industry, committed to delivering innovative solutions that drive growth and success. Join our team and contribute to shaping the future of renewable energy.
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