What are the responsibilities and job description for the Senior Manager of Development position at TransGrid Energy?
COMPANY OVERVIEW
TransGrid Energy is a newly established renewable energy company to invest, develop, own and operate utility-scale renewable energy projects. TransGrid has a robust pipeline of projects in the near term, and it will expand its energy asset portfolio across the United States.
As an affiliate company of Hanwha Group, a FORTUNE Global 500 company driven by a firm commitment to advancing the clean energy future, TransGrid Energy is strived to shape the renewable energy landscape by providing a sustainable and reliable power solutions tailored to meet the energy needs of today and tomorrow.
POSITION OVERVIEW
We are seeking a highly motivated and enthusiastic Senior Manager of Business Development, who will be responsible for the development and implementation of the corporate growth strategy by evaluating and executing of potential investment opportunities for energy storage and solar project assets by managing deal execution, including due diligence, risk assessment, valuation, and negotiations with various stakeholders to support corporate strategy and growth initiatives.
RESPONSIBILITIES
- Develop, implement, and execute the corporate growth strategy by evaluating investment opportunities to acquire energy project assets.
- Work for the investment / acquisition processes by coordinating due diligence with cross functional internal team and external advisors, such as financial, legal, market, accounting, tax, engineering, etc.
- Provide active input for active portfolio management of transactions in portfolio. This includes providing oversight and input on transactions and working with portfolio managers to actively manage and continuously assess risk and exposure across the portfolios
- Review financial models to ensure consistency, quality control and best practices
- Work for the project financing process and collaborate with the Project Finance team to secure tax equity and debt financing
- Prepare a comprehensive investment due diligence report, including risk assessment and investment recommendation for the management.
- Perform detailed industry research and strategic competitive analysis to make recommendations for corporate growth initiatives and asset portfolio optimization.
- Build and maintain strong industry relationships to support investment activities and corporate business development opportunities.
- Support the development periodic business and strategic planning and investment budgets.
- Perform other duties and special projects, as assigned.
REQUIRED QUALIFICATIONS
WORK AUTHORIZATION
The ideal candidate for this role will have authorization to work in the US prior to joining TransGrid Energy LLC. The Company will not sponsor or offer assistance with the sponsorship for work authorization in the United States.
DIVERSITY AND INCLUSION
TransGrid Energy believes that diversity and inclusion are vital to our success. We believe that by embracing different ideas and approaches, we enhance our ability to deliver the best results for our employees, our environment, and ultimately our business partners and customers. We foster a culture where all colleagues are able to share their passions and ideas in order that we may collectively embrace and overcome the challenges in our industry, and work toward a brighter future.
TransGrid Energy is an Equal Opportunity / Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.
