Company: Scatec
Job Title: Senior Project Developer
Location: Ho Chi Minh City, Vietnam
Main Purpose of Position.
Since the establishment in 2007, Scatec has acquired extensive knowledge and experience in developing, building and operating solar, wind and hydro power plants and storage solutions. Scatec is a leading renewable power producer, delivering affordable and clean energy worldwide. Driven by our company values and competent global workforce, we aim to deliver competitive and sustainable renewable energy globally; protect our environment and improve quality of life through innovative integration of technology; and create shareholder value. We are present in four continents and are headquartered in Oslo, Norway
You will be covering many of the most dynamic economies of the 21st century and will be an integral resource in reaching the company’s target of another 2 GW in operation over the next 3 years. You will be part of a fast paced and energized team and will be constantly challenged to develop the company’s project portfolio as well as your own personal skills.
You will be responsible for leading the development and structuring of renewable energy projects from early opportunity through the development cycle to financial close. Your ability to structure and negotiate complex transactions, to lead external and internal development processes, and to collaborate with multidisciplinary teams is key in order to successfully lead the project to construction start. Significant prior experience from managing complex transactions is a must.
Your typical working day will be impossible to describe, as each day will be different and full of surprises. However, areas of work will include opportunity identification, project acquisition due diligence and transaction management, partnership negotiations, negotiations with lenders and capital partners, leading financing processes, leading permitting and tender bid preparations, PPA negotiations, and more generally leading the project development process.
Your role will require you to manage multiple projects and structuring initiatives simultaneously. You should also be willing to travel in support of international business development – mainly within Southeast Asia.
Responsibilities
- Lead negotiations for project acquisition and manage the acquisition/transaction process
- Lead process to secure equity and debt finance for projects until financial close
- Lead negotiations with prospective development partners and off-takers and assume responsibility for external relationships
- Lead 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.
- Lead market reviews, analyzing regulatory issues and policy supports for utility-scale renewable energy projects and develop development strategies for countries or regions
- Lead bidding processes to submit bid packages in response to Request for Proposals (RFPs) from utilities and private off-takers
- During structuring phase, manage project teams, often numbering 10-20 individuals, including internal resources, consultants, and development subcontractors
Qualification
Formal educational background:
- Commercial or technical university level degree
Work experience:
- 5 - 10 years professional experience in investment banking and/or project finance/operations and/or leading global management consulting firms
- Experience with closing complex transactions, deal structuring and project finance
- Solid experience with renewable project development in Vietnam (primary) and other emerging markets
- Understanding of power 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
Competencies:
- Advanced knowledge and understanding Business Orignation, Project Aquisition and Structuring, Tender process & key project development milestones
- Good understanding of Project Financing principles and applications, Legal terminology and processes
- Understand and adjust self-communication strategy towards different internal, external key stakeholders from different cultures
- Expert level of proficiency in Microsoft Office suite, including presentation software and Excel
- Self-driven with ability to work under pressure and collaborate with multidisciplinary teams
- Flexible and adaptable with a “can-do” attitude
- Organized and methodical
- Advanced written, verbal, organizational, and interpersonal skills
- Vietnamese fluency and English proficiency
Prepared to travel extensively (applicable when travelling restrictions are lifted)
Vision and Value
It is part of every staff member's terms of reference to contribute to Scatec’s vision: Improving our future, and adhere to our core values which are:
- Predictable (we deliver on commitments, we communicate in an open and precise way, and we bring up ethical issues and challenges);
- Driving results (we show endurance, follow through and pay attention to important details, we strive for simplicity and clarity, avoid activities not adding value, and we continuously develop sound expertise, demonstrate commercial awareness and customer orientation);
- Changemakers (we are curious and stimulate new ideas and creativity, we have the courage to challenge accepted truths and enter unfamiliar territory, and we understand and manage risk);
- Working together (we listen actively, give and accept constructive feedback, we share our experiences and build on each other’s contributions, and we respect the individual and encourage collaboration).