Director of Origination

Director of Origination - Offshore Wind

Vårgrønn is an agile, Norway-based offshore wind company powering the energy transition through development, construction, operation, and ownership of offshore wind assets. Vårgrønn is a joint venture between the energy company Plenitude (Eni) and the Norwegian energy entrepreneur and investor HitecVision.

Vårgrønn is powered by a team with decades of collective offshore experience. Vårgrønn’s current pipeline of projects and prospective projects spans England, Scotland, Ireland and Norway in addition to early-stage initiatives in the Baltics. Vårgrønn holds a 20% share in Dogger Bank, the world’s largest offshore windfarm under construction.

Vårgrønn targets at least 5 GW of offshore wind in operation or sanctioned by 2030 across Northern Europe, and aims to be a frontrunner on environmental, social and governance (ESG) performance within the offshore wind industry. The company has offices in Stavanger, Oslo and London.

Responsibilities include
In this external-facing role you will collaborate closely with internal and external stakeholders. The position reports to SVP Business Development.

Some key responsibilities

  • Identify key markets and opportunities.
  • Initiate and manage joint ventures, including identifying potential partners, negotiating commercial terms, and overseeing the execution of partnership agreements.
  • Manage transaction processes, source external consultants and lawyers, and lead due diligence and evaluation activities.
  • Collaborate closely with the investment team to advise on the economic viability of various renewable energy transactions.
  • Oversee monitoring of the regulatory context in target markets, collaborating closely with the market analysis team.
  • Oversee the development of and present Business Cases for investment approval.
  • Provide strategic input for business planning and overall strategy development.

Experience and qualifications:
To succeed in the role, candidates should hold a BSc or MSc degree in a relevant field with at least 10 years relevant experience. A solid understanding and experience in renewable energy, preferably in offshore wind, as well as project finance and M&A transactions, are essential.

The ideal candidate has solid experience and a proven track record in managing and executing projects.

We also see that you have outstanding interpersonal skills to deal with internal and external parties, and excellent communication skills in English, written and spoken.

Who are you?
We are seeking a structured and solution-oriented Director of Origination with strong collaboration skills who thrives in an international environment and is ready to challenge the status quo when necessary.

To succeed in this role, you should have a broad and relevant network, a strong motivation to drive the energy transition, and a passion for being a collaborative team player and aa self-starter.

We are committed to fostering a diverse and inclusive workplace, and we encourage candidates of all backgrounds to apply. We strive for a balanced composition of gender, age, and diverse cultural/experiential backgrounds among our employees, and believe that a diverse team brings a variety of perspectives and ideas, which contributes to our innovation and success. Join us in creating a workplace that values and celebrates diversity and inclusion.

What we are offering
At Vårgrønn, you will be part of an exciting company with significant growth ambitions. We work to power the energy transition in Europe, and we have the financial and practical support to achieve this from our dedicated owners.

You will have the opportunity to develop and influence the company’s structure and systems from an early stage. Together with talented and dedicated colleagues and excellent partners, you will contribute to the success of our company’s ambitions.

We value and support professional and personal development for our employees and have a dynamic and social working environment. Vårgrønn offers competitive terms of employment and benefits schemes.

Application information
Taylor Hopkinson is collaborating with Vårgrønn in the recruitment process and handles all inquiries on behalf of the company. Please register your CV and apply for the position with a motivational letter at LINK. All enquiries will be treated confidentially.

Application deadline: Friday July 5th, 2024
London, or the wider UK /Oslo or Stavangar, Norway.  Business travel is to be expected.

For any further questions about the position or process, please contact Clint on the channels below.