Senior Manager, Power Markets

Job Title: Senior Manager, EMEA Power Markets Department: EMEA Power Markets Location : London, Madrid or Lisbon Reporting to: Head of Origination, EMEA Power Markets 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 operates with five core values: Safety , Integrity , Respect , Sustainability , and Drive . We seek to attract and hire individuals who share our commitment to creating a safe workplace, uphold the highest standards of integrity, and demonstrate respect for colleagues, communities, and the environment. Our recruitment process promotes sustainability by valuing long-term growth and responsible practices, while seeking candidates with the drive to innovate and lead in the global energy transition. Together, these values shape how we engage, assess, and welcome talent to join us in delivering transformational solar power solutions worldwide. 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 offtake agreements, or delivering other innovative structured transactions. Responsibilities include marketing, origination, and negotiation of power transactions with utilities, corporates and Data Center developers. Multi-country approach with a shorter-term focus on 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 develop 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 Lightsourcebp at the forefront of the market. Why you’ll make a great member of the team 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 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). Participation in renewable energy auctions Power trading and risk management Personal qualities Highly motivated individual who can flourish in a dynamic, fast paced environment. Strong communication and presentation skills. Ability to communicate effectively both written and verbally in English and either Spanish, Portuguese or Italian. Commercially driven, capable of leading complex negotiations 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 projects are responsible. 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. These include our charitable causes, supporting our solar honey project, or volunteering on our VIBES committee to name a few. 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. For further information on our career opportunities and life at Lightsource bp, please visit Why you’ll want to stay with us At Lightsource bp, you’ll work within agile, cross-functional teams where diverse perspectives come together. Our culture embraces open knowledge sharing and collaboration, empowering you to learn from others and accelerate progress collectively. Your career growth is our priority and a shared journey. We are committed to developing talent from within and prepare you for career advancement so you can shape a fulfilling and lasting journey here. In today’s fast-changing world, a learning mindset is essential and therefore we proactively support upskilling to help you push your skill boundaries and stay ahead in your field, so you can not only keep pace with change but confidently shape a brighter future. 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.