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Senior Development Manager - Europe

Employer
GE Aviation
Location
London
Salary
Competitive
Closing date
27 Jan 2021

View more

Clearance Level
SC, None / Undisclosed
Sector
Aerospace
Job Type
Permanent
Job Description Summary This role will support GE Renewables in originating, structuring and executing joint development opportunities & development investments through strategic partnerships with developers and investors to enable the pull through of GE equipment and services across the portfolio of technologies, while creating incremental value for GE and its customers.

Job Description

Essential Responsibilities:

  • Support and originate new joint development opportunities and development investments across Europe, consistent with GE Renewables' strategic plans.
  • Assess opportunities and ensure compliance with internal approval and assessment processes while managing transaction timetable, budgets and coordinating multidisciplinary transaction teams.
  • Coordinate project due diligence and negotiation of partner joint development agreements and investment contracts (Share Purchase Agreements, Shareholder Agreements, etc.).
  • Participate in structuring strategic partnership agreements with developers and investors to maximize project value and returns and GE equipment pull through, while managing and mitigating GE exposure.
  • Champion screened deals within the organization by accurately communicating critical elements of deal progress, economics and risks to leadership team.
  • Perform financial pro-forma evaluation of projects. Formulate and implement project development plans and manage development budgets within the CP&D team business plan.
  • Ensure coordination of deal execution tasks within the internal approval processes and stakeholders as well as supporting in the drafting of all required documentation.
  • Participate in project-related contract negotiations such as PPAs, BOP contracts, land leases and grid interconnection agreements if required.
  • Maintain partner relationship and manage ongoing developments, balancing exposure, risk and timescale to ensure appropriate development spent and progress.
  • Participate in the sale, co-investment or financing of projects.
  • Serve as advisor to customers, GE's local sales teams and GE's local finance teams on aspects of development across Europe. 

Qualifications/Requirements:

  • Bachelor's degree or equivalent knowledge or experience; MBA or Masters in Finance an advantage;
  • Proven track record in renewable energy investments, energy infrastructure development or private equity;
  • Proven experience in evaluating investment opportunities in energy industry, due diligence management, structuring and execution of development agreements, strategic alliance negotiations and/or capital markets exposure;
  • Appropriate energy industry experience within European markets;
  • Experience evaluating, drafting and negotiating legal documentation, an advantage
  • If contracted in Spain: Non-national candidates are responsible to know the minimum documentation requirements to be able to be contracted in country: NIE- Social Security Affiliation Number in Spain (NAF) and Bank Account in Spain. They must be in possession of them at the time of start hiring. GE will not sponsor this requirement.

Desired Characteristics:

  • A strong team player with proven track record from deal origination to execution;
  • Highly organized and structured with ability to manage multiple tasks and teams and ensuring appropriate tracking / document controls and processes are in place and adhered to;
  • Skilled communicator who can influence a wide audience via a balanced approach to deals and a clear understanding and presentation of risks;
  • Ability to solicit interest and champion unique approaches/original solutions and formulate those ideas into a strategy and build concrete executable transactions;
  • Ability to build/maintain strong relationships (internally and externally) while coordinating multiple tasks/priorities;
  • Languages: English - additional European languages of advantage (Spanish, Italian, French, Swedish, Finnish)
  • Proficient use of Microsoft Office Suite to include Word, Excel, PowerPoint and Outlook;
  • Ability and willingness to travel up to 50% of time

Additional Information

Relocation Assistance Provided: Yes

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