Senior Development Manager, South Korea
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 decarbonize.
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.
Summary
Lightsourcebp’s team in South Korea is growing. The initial launch team are developing a portfolio of solar and BESS assets and the business is now looking to add a well-rounded individual with experience in solar PV utility scale project development to lead development activities and drive projects to Ready to Build status (RTB). The successful candidate must be fluent in both English and Korean and have experience in developing through to closing of infrastructure projects in South Korea (ideally Solar PV).
Role and Responsibilities
• Coordinate all project development activities (land, grid, permits) and inputs from different teams - from project origination to financial close. The ideal candidate will have experience in contract negotiation, and due diligence (tax, legal, technical) coordination
• Engage and manage third party consultants, suppliers and interact with local authorities linked to a project
• Coordinate the prefeasibility review of new greenfield opportunities
• Drive the due diligence and valuation of co-development opportunities and acquisitions
• Manage and oversee project timelines and budgets
• Ensure internal reporting is performed clearly and in a timely manner
• Run financial models to assess the returns of multiple projects
• As a minimum, some experience in the following contracts: Co-development Agreements, Land related Agreements, Power Purchase Agreements, Engineering Procurement Construction contracts, Share Purchase Agreements, Asset Purchase Agreements, Investment Agreements.
As the successful candidate develops, there will be increased exposure to business plan execution: company acquisitions, pipeline acquisition, recruitment & hiring, integration plan, tax/ legal structuring, project finance and marketing/ PR.
Knowledge
• A broad understanding of the renewables industry, power markets and development related activities
• Proven experience in developing solar infrastructure projects (ideally Solar PV)
• Understanding of project finance, capital structuring, financial modelling and financial indicators
• Strong understanding of general transaction management (managing internal resource/ consultants/ stakeholders, adhering to transaction timeline)
• Strong understanding of power project/ real estate development (land, grid interconnection, permitting)
• Excellent project management skills with proven experience working with multi-disciplinary teams and cultures
Experience
• At least 10 years of relevant experience
• Formative years spent at any of the following: Infrastructure funds, Private Equity (power exposure), renewable energy developer, utility or oil major with specific focus on renewables.
• Must be able to demonstrate a track record in: Transaction management (multiple running in parallel), business development, working in multi-cultural/ multi-discipline environments.
Personal/Work Skills
• Fluent in English and Korean
• Ability to evaluate and convey complex concepts/ opportunities to others in an effective manner through persuasive communication, negotiating skills and clear presentation skills in both verbal and written contexts
• Excellent MS Office skills, in particular PowerPoint and Excel and Excellent project management skills
• Negotiation skills in various cultural environments and with various stakeholders
• Flexible and dynamic, the candidate must have a hands-on and proactive approach to business – Lightsource bp is proud of its culture and fit plays a very important role
• Able to understand and operate complex financial models (building them from scratch is a favorable experience, but not required)
Education and Qualifications
• Minimum of Bachelor’s degree, ideally in sciences, finance, economics or engineering.
• MBA is beneficial but not required.
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 recognized: Alongside a competitive salary, we offer a variety of benefits including annual bonus, retention bank, health insurance, pension and other local benefits.
Be inspired: Beyond your day-to-day working life at Lightsource bp, there’s a variety of initiatives that will contribute to your own personal development. Initiatives to get involved with including our charitable causes or supporting our solar honey project.
As part of your employment arrangement in Korea, you will be formally employed through a trusted third-party Employer of Record (EOR), rather than being hired directly by Lightsource bp. This means that the EOR will be your legal employer for administrative purposes, including payroll, benefits administration, and compliance with local employment laws. However, you will work exclusively for Lightsource bp, be fully integrated into our team, and follow our policies, processes, and culture as part of your day-to-day role. This arrangement helps ensure compliance with Korean employment regulations while allowing you to focus on contributing to our mission and success.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with disabilities may request a reasonable accommodation related to LSbp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an accommodation related to the recruitment process, please contact us to request accommodations.