Main purpose of position
Currently we are looking for a Project Developer in Cape Town, South Africa to be part of our global team working together towards our vision - Improving our future.
As our Project Developer, you will be responsible for leading the development and structuring of utility-scale renewable energy projects from early opportunity through the development cycle to financial close.
Your ability to structure and negotiate complex transactions, lead external and internal development processes, and collaborate with multidisciplinary teams is key to successfully lead the project to financial close and start of construction.
Main responsibilities
Manage negotiations for project acquisitions and the acquisition/transaction process
Support the process to secure equity and debt finance for projects and achieve financial close
Manage negotiations with prospective development partners and assume responsibility for external stakeholder relationships
Plan and coordinate internal and external project development efforts including securing land, obtaining required local permits and approvals, securing interconnection rights from utilities, negotiating PPAs with utilities, establishing EPC and O&M agreements, as well as securing project equity and debt financing
Manage and coordinate the development teams involved in the structuring/financial closing phase, including internal resources, consultants, development partners and external advisors
Implement and manage project controls processes: scheduling, cost controls & contract management
Effectively communicate project progress to all project stakeholders (internal/external).
Identify and develop mitigation strategies for main project risks
Undertake market reviews, analysing regulatory developments, issues and policy supports for utility-scale renewable energy projects and contribute to the development of project development strategies for countries or regions
Lead bidding processes to submit bid packages in response to Request for Proposals (RFPs) from public utilities and private off-takers
Qualifications and competencies
Education: Bachelor's degree in Engineering, Business or Law (Master's a plus)
Experience: 5 - 7 years of professional experience ideally from a renewable energy IPP, investment bank and/or project finance/operations and/or leading global management consulting firms
Experience with closing complex transactions, deal structuring and project finance
Significant experience with renewable energy project development in emerging markets
Understanding of electricity markets and in particular renewable energy
Working knowledge and understanding of power purchase agreements, interconnection agreements, permitting requirements and EPC contract terms and conditions is preferable, but not required
Strong knowledge of business fundamentals and financial analysis
Expert level of proficiency in Microsoft Office productivity tools, including Excel and PowerPoint
Language: fluent both written and spoken in English.
Personal characteristics
It is part of every employee's terms of reference to contribute to Scatec's vision: Improving our Future and adhere to our company values which are:
Predictable: demonstrate clear communication and listening skills, shares information in an open and honest way
Driving results: demonstrate determination, pro-activeness, can prioritise and work independently
Changemaker: demonstrate entrepreneurship, can challenge, fast learner, take initiates and adjust
Working together: demonstrate teamwork, shares responsibilities, can compromise, has a can-do attitude.
For the particular role we also expect
Advanced project management skills
Strong business/commercial acumen
Analytical and problem-solving skills
Passion for leadership and skills to develop and coach others
Strong feedback and influencing skills to provide direction