We are seeking a highly skilled, ambitious and results-driven professional to join our team as Head of New Business. This role is critical in leading the creation and delivery of robust investment cases for large-scale energy projects, including Stability Markets [Inertia, SCL, Reactive power] and Large Scale Battery Energy Storage Systems (BESS). The successful candidate will own the process of driving investment case development, ensuring strategic alignment, and securing board approval.
This role involves working cross-departmentally to integrate insights and achieve visibility while maintaining full ownership of the process. The Lead Manager/HOBD will also mentor a team of three junior managers to ensure high performance and foster a collaborative, results-oriented culture.
About Conrad Energy Ltd
Our energy solutions directly address the energy trilemma (security, sustainability, and affordability), enabling the UK’s transition to a low carbon economy. Each of our projects deliver critical power and services to the National Grid as well as industrial and commercial customers. Our expertise, technology and flexibility are key to the UK achieving its ambitious net zero targets.
Backed by I Squared Capital, a global investor in energy and infrastructure assets, we are the UK’s largest owner/operator of flexible power plants with 900MW in operation and over 1GW in early pipeline. Put into context, this means we could provide power for an hour to around 1.8 million homes already, with another 2 million homes in the pipeline.
From our beginnings in 2017 as a flexible gas generation business with a team of 14 people, we have grown to become one of the UK’s leading vertically integrated energy companies, owning, and operating over 65 energy facilities across the UK. Our significant development pipeline covers flexible generation, battery energy storage, solar, hydrogen and stability services. Our innovative data driven, in-house automation tools give us a unique edge when trading and maximising our own assets and those of our clients. We have built not only an impressive portfolio of energy assets, but also a seriously ambitious and knowledgeable team.
Key Responsibilities
1. Main
* Manage CE’s strategy for Stability, Reactive Power, SCL and Inertia markets. Specifically planning strategy around all tenders, and the preparation, strategy and tactics to win them
* i.e. markets including: BESS, Long duration, Inertia – e.g. Synchronous Condensers or other
* Develop business plans / propositions (working with other teams) for any new markets that the group prioritises, e.g. International expansion, or commercialisation of iON SaaS (as examples)
* Staying on top of NESO, OFGEM and DESNZ communications and releases that impact our strategy and direction. Close engagement with them at all levels is a must.
2. Stakeholder Engagement and Board:
* Present investment cases to senior leadership and the board, articulating the strategic rationale, financial impact, and long-term benefits.
* Build and maintain strong relationships with internal and external stakeholders, ensuring trust and alignment throughout the process.
3. Ownership of Investment Case Development:
* • Drive the creation of bold, comprehensive, and strategically aligned investment cases for large-scale energy projects.
* • Provide detailed and accurate inputs for financial models, ensuring they reflect all relevant data, risks, and opportunities.
* • Ensure investment cases include high-impact insights and innovative solutions to secure board approval.
4. Cross-Departmental Collaboration:
* Engage with directors and teams across departments (e.g., finance, operations, engineering, regulatory) to gather input, enhance visibility, and ensure investment cases account for all critical perspectives.
* Maintain responsibility for the final product, ensuring alignment with company goals and stakeholder expectations.
5. Strategic Business Development:
* Identify and evaluate opportunities for growth in stability markets, BESS, and energy transition initiatives.
* Develop strategic proposals that align with broader company objectives and market opportunities.
6. Leadership and Mentorship:
* Manage and mentor a team of three junior managers, fostering their growth and equipping them to contribute effectively to investment case development.
* Create a collaborative and high-performance team culture, driving accountability and results.
7. Market and Industry Knowledge:
* Stay informed about trends and developments in stability markets, BESS, and energy transition strategies.
* Leverage industry knowledge to strengthen investment cases and ensure competitive positioning.
Requirements:
1. Educational Background:
* A degree in Business, Finance, Energy, Engineering or a related field. A Master’s degree (e.g., MBA or MSc in Energy/Infrastructure) is an advantage but not essential.
2. Strategic and Financial Expertise:
* Proven experience in leading the development and delivery of investment cases for large-scale energy projects, specifically Stability projects in the UK.
* Strong understanding of financial modelling, with the ability to provide clear, accurate, and strategic inputs to financial teams (with specific tech such as BESS, Shunt Reactors, Synchronous condensers, etc)
3. Cross-Functional Collaboration:
* Demonstrated ability to engage and align with multiple departments to gather insights and integrate them into cohesive, impactful investment cases.
4. Stakeholder Engagement and Presentation:
* Exceptional communication and presentation skills, with experience presenting high-quality investment cases to senior leadership and boards.
* Strong relationship-building skills, ensuring alignment with internal and external stakeholders.
5. Industry Knowledge:
* Deep understanding of stability markets, BESS, Stability Markets and the energy transition landscape, with familiarity in UK energy regulations and market trends.
6. Leadership and Mentorship:
* Proven ability to lead and mentor teams, driving collaboration and ensuring high performance.
7. Problem-Solving and Innovation:
* A proactive and analytical mindset, capable of identifying challenges and developing bold, innovative solutions.
Benefits
The benefits we will give you
* Discretionary performance-based bonus
* 25 days’ annual leave plus bank holidays
* Contributory Pension Scheme
* Life Insurance
* SimplyHealth health cashback plan
* 24/7 Private GP access
* Training and Development
* Salary sacrifice EV scheme
* Discounts on Lightwave RF smart home products
* Dog-friendly office