Job Description

Company Description

Statkraft is a leading company in hydropower internationally and Europe\'s largest generator of renewable energy. The Group produces hydropower, wind power, solar power, gas-fired power and supplies district heating. Statkraft is a global company in energy market operations. Statkraft has 4800 employees in 19 countries.

As part of the Norwegian state owned Statkraft Group, Statkraft has been in India since 2004 and was the first foreign investor in Indian hydropower sector. The objective is to become a significant independent power producer in India over the next few years.

Our business enablers are the backbone to everything we do at Statkraft, providing seamless and value-adding work to the organisation and playing an important role in our mission towards a carbon free future. Whatever your area, you\'ll provide the dedicated services and strategic support that our global and rapidly growing organisation needs to make the future greener.

Why Statkraft?

Statkraft has been making clean energy possible for over a century. That\'s what we offer. 125 years of unrivalled expertise in supplying the world with what it needs most. We envision a world that runs entirely on renewable energy. Because in the fight against climate change, we don\'t see renewable energy as part of the solution - we believe it must be the solution. With us, you\'ll shape a career that is truly forward-facing with many amazing opportunities and offerings to match.

But there\'s more work to be done - that\'s why we need you to join us.



The role represents a unique opportunity for personal and professional growth by being a part of the Business Development team and being involved in all growth activities in India with a focus on acquisitions across solar, wind, hydro & new emerging areas including storage & green hydrogen etc.

As a Manager: Business Development you would be reporting to the Head - Hydro and Mergers & Acquisition and will be responsible for:

• Carrying business development activities in renewable power with focus on M&A.
• Evaluate a variety of investment opportunities in the Indian renewable energy sector (M&A / Greenfield) with knowledge and experience in financial modelling.
• Understand and track the industry & market development, new projects & business models, new technologies (including storage), competitive activity, strategy, regulatory & policy developments.
• Execute and continuously update strategy & business plan in line with organisation\'s strategy for renewable energy.
• Assist in building, review and updation of detailed financial models, considering industry and project-based assumptions, perform cash flow, profitability & valuation analysis including DCF.
• Assist in engaging advisors and carrying out third party due diligence (finance / tax, market, technical, legal, accounting, land, regulatory, environmental, etc).
• Lead due diligence process and review the diligence reports to ensure that the key diligence findings are addressed appropriately in risks/return.
• Prepare investment rationale notes & presentations for Statkraft\'s investment committees / senior management.
• Participate in discussions with management teams, coordinate with internal groups and the management to monitor all on-going business development activities.
• Ensure compliance to internal policies and business framework across business development cycle.
• Other relevant duties and projects as assigned.

Qualifications

We look for experienced personnel with the essential skills to future-proof our business and renewable energy solutions, with the following:

• Post Graduate degree such as MBA from leading Indian or global institution or CFA or CA with a Graduate degree in Science, Economics, Commerce or Engineering.
• Total relevant experience of 5 to 10 years - relevant experience includes either M&A/consulting experience and/or renewable energy industry experience in India.
• Strong communication skills (oral, written, presentation) and interpersonal skills.
• Extensive working knowledge of MS Office (Word, Excel, PowerPoint, etc.).
• Experience of managing renewable energy project development involving multiple stakeholders across cultures and countries.
• Displays a high degree of professionalism, with the ability to manage internal and external relationships.
• Ability to Influence subject matter experts across a wide range of issues relating to energy markets in general and specific projects.
• Flexible to adapt to changing business requirements and a high performing team player who enjoys a high-performance culture.
• Open to and comfortable with constantly evolving and changing priorities and new challenges.
• Willing to travel, flexible and dynamic.

Additional Information

A career with Statkraft is a career filled with purpose - meaning that every employee is not just making a living, they are making a real difference to the planet, our communities and the future. Together, we work on the front lines of changing the game for renewable energy. From hydrogen development to algorithmic trading and everything in between. We have 125 years of unrivalled expertise in creating the technologies that put ecosystems, communities and our environment first. With us, you\'ll shape a career that is truly forward-facing with many amazing opportunities and offerings to match. This includes:

• Unlimited learning opportunities at various levels of the organisation including Linkedin Learning and inspiring leaderships program like IMD
• The chance to grow your career alongside a truly global network of experts, leaders, specialists and graduates from different countries and backgrounds
• The opportunity to work somewhere with pride, and to be able to honestly say \xe2\x80\x9cMy work is contributing to saving the planet\xe2\x80\x9d

• A work culture that puts emphasis on the individual, offering flexible working solutions, parental leave and work life balance principles

Expected start date: As soon as possible

Location: Saket, New Delhi

Contacts: Seema Amithkumar

Last date to submit applications: 31st March 2023

Statkraft