Senior Manager, Power Markets

Job Title: Senior Manager

Department: EMEA Power Markets

Reporting to: Head of Origination EMEA

Location: Madrid or London

We are Lightsource bp – and we’re on a mission to become a global leader in onshore renewables, anchored by our proven track record in solar development.

For over a decade we’ve been actively working to diversify the way our world is powered with sustainable and responsible renewable power. We work to safely deliver affordable, reliable, large-scale onshore renewable and energy storage solutions to help the world decarbonise.

Our growing business is constantly innovating and investing to help drive the energy transition. Our people and projects are focused on supporting long-term sustainable growth and energy security.

Lightsource bp was fully acquired by bp in 2024.

What You’ll do (the role)

Summary

This role is instrumental in delivering the regional power market strategy for Europe which is a key geographical focus for our ambitious plan for growth.

Main focus is to develop and implement offtake strategies for projects in the development pipeline by securing Power Purchase Agreements, BESS tolling agreements, or delivering other innovative structured transactions.  Includes marketing, origination, and negotiation of power transactions with utilities, corporates and Data Center developers.  Multi country approach with a shorter-term focus in Southern Europe and the UK, expanding in other European markets as and when required.

The maturation of new technologies (such as BESS) and the rapid growth in the data center and AI sectors require Lightsource bp originators to innovate quickly, crafting and closing new types of deals—from hybrid solar, wind, and BESS offtakes to private wire and behind-the-meter co-development partnerships with data centers.

Duties and responsibilities

• Identify and developing market opportunities with major energy users for RES and BESS offtake in EMEA Region anticipating market trends to support the development pipeline. 
• Work with suppliers and other market participants to develop innovative routes to market products and structures to secure bankable revenue to support solar development.
• Work with legal department, structured finance and other internal stakeholders to negotiate heads of terms & PPA/tolling contracts.
• Liaise with structured finance, development and commercial managers to create power marketing solutions that optimise funding opportunities and enable pipeline development.
• Understand developments in the European markets and energy policy and the impact these will have on Power marketing in order to keep Lightsource BP at the forefront of the market.

Who we’re looking for

Knowledge

• Comprehensive knowledge of the European power markets is a must along utility scale renewables experience.
• Multiyear experience of negotiating long-term Power Purchase Agreements in the relevant markets.
• Successful track record of originating and executing complex energy projects and/or transactions in dynamic environments, creating value at the intersection of diverse business models.
• Strong good interpersonal, communication and collaboration skills.
• Experience presenting at many levels including internal and external stakeholders and speaking at events. 

Experience

• Deep experience in one or ideally more of the relevant power markets
• Origination, structuring and negotiation of long-term power transactions (including but not limited to PPAs or BESS tolling agreements).
• Participation in renewable energy support auctions
• Power trading and risk management

Why you’ll make a great member of the team

Personal qualities

• Highly motivated individual who and can flourished in a dynamic, fast paced environment.
• Strong communication and presentation skills.  Ability to communicate effectively both written and verbally in English and either Italian or Greek.
• Commercially driven, capable of leading complex negotiations
• Present yourself with integrity, credibility and professionalism
• Willing and able to travel across Europe as required
• Creative thinker who can find solutions, adapt to market developments and find new ways of doing things to drive value

Why you’ll want to work for us          

Our company is a place where you can be yourself and grow – a place where your ideas and opinions matter.

Be you

We pride ourselves on being an inclusive community, where every individual is valued and treated with respect.

Be responsible

Our culture is driven by our core values. From operating safely to ensuring our solar projects are responsible and promote biodiversity.

Be recognised

Alongside a competitive salary, we offer a variety of benefits including annual bonus, retention bank, health insurance, pension, and other local benefits.

Be inspired

Join an agile, international team working across 15 countries to power the future and positively impact people, communities, ecosystems and biodiversity across the world.

Our core values

Lightsource bp truly cares about creating a sustainable future through safe, responsible and meaningful low-carbon energy projects. Our core values of Safety, Integrity, Respect, Sustainability and Drive are the guiding principles for everything we do. 

https://www.lightsourcebp.com/careers/