Renewables Development Specialist - Relocate to Saudi Arabia, Permanent Expat Family Relocation[...]

Renewables Development Specialist - Relocate to Saudi Arabia, Permanent Expat Family Relocation Package

Aramco London, United Kingdom

Posted 5 days ago | In-Office Job | Permanent | $150k - $350k

The role includes leading and supporting M&A, JV development, and 3rd Party transactions for Renewable projects for Saudi Aramco. The candidate should be independently capable of conducting job activities with minimal direction and supervision. The candidate will work within the Renewable Investments Division, focusing on identifying opportunities for Saudi Aramco facilities and affiliates, expansion of renewable business, achieving revenue targets as set by management, upfront business case development, high-level feasibility studies, identifying strategic alignment, and coordinating with technical teams for detailed site-specific engineering analysis for residential, commercial, and industrial scales for different facilities.

Overview

Renewables Department is seeking a renewables development specialist to lead the planning and development of new renewables business ventures and investments. The role includes leading and supporting mergers & acquisitions, JV development, and 3rd Party transactions for Renewable projects for Saudi Aramco. The candidate should be independently capable of conducting job activities with minimal direction and supervision.

Duties & Responsibilities

1. Initiate, develop & expand the Company’s renewable business
2. Achieve revenue targets set by the Management
3. Support strategy development and long-term plans to deploy renewable applications
4. Prepare periodical progress reports for management
5. Lead due diligence for M&A transactions related to renewable projects
6. Manage all aspects of transaction execution including management of the overall project such as selecting, onboarding and working with a full team of advisors.
7. Manage overall stakeholder management including working with internal organizations, consultants and potential partner(s).
8. Ensure compliance to process stage gates and approvals, approve contract payments and variations within limit, provide administrative direction and personnel management to all assigned Business Development Analysts and perform other miscellaneous duties as directed
9. Evaluate transaction proposals and subsequently manage the execution of such projects.
10. Actively involved in the valuation, due diligence, negotiations and structuring of transactions from origination to sign and closing.
11. Conduct detailed due diligence on different aspects of target companies.
12. Identification of project risks, analysis and recommendation of mitigation measures
13. Lead the development of Power Purchase Agreements with developers of renewable projects
14. Support structuring of binding agreements such as Shareholders Agreement, Project Development Agreement, O&M Agreement and Equity Subscription & Retention Agreement
15. Support structuring and negotiation of deals to achieve final deal closure
16. Review & consult on all transaction documents
17. Work with internal corporate stakeholders to achieve desired results of transactions
18. Ensure knowledge transfer through mentorship of young talent

Qualifications

Bachelor's Degree in Engineering or in Business. MBA Degree or CFA is preferable.
Minimum (12) years of experience in business development and transactions
Preference will be given to candidates with investment banking or consulting background including Big4 to supplement experience gained from an energy company.
Strong background in renewable project development, deal structuring, stakeholder management, financial modeling, bankability and valuations.
Understanding of operational and development business model for Independent power producers and developers within the renewable sector
Excellent command of spoken and written English. Preference will be given to candidates that have a demonstrable track record of delivering board level presentations.
Project management skills.
Computer & MS Office proficient.

Working environment

Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.

At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world’s biggest technical, logistical and environmental challenges, we invest heavily in talent development.

We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs – one of the largest in the world.