Director of Electricity Sales & PPAs - Madrid

The Role

Reporting to the MD, Development & Markets, the Director of Electricity Sales & PPAs at Matrix Renewables will be a key member of this newly established team, with frequent interaction with the firm’s executives as well as stakeholders from TPG.  Based at the Madrid headquarters, you will be responsible for optimising the market value of the electricity, green attributes and any other commodities that our projects generate through combinations of PPAs, hedging strategies, spot market sales and private offtake arrangements.  Key job functions include: 

  • Managing existing PPAs and offtaker relations in the company portfolio, constantly adjusting and optimising hedging strategies to obtain the desired returns for a given market risk 
  • Creating new commercial relationships with offtakers, including industrials, utilities, distributors, and tech. companies in key markets which include Iberia, Italy, Northern Europe, Chile, Colombia, and Mexico 
  • Develop and execute hedging strategies that will combine PPAs, market sales and financial hedging to realise the best risk weighted return on Matrix’s portfolio of assets.  This should also address newer combinations of products such as hybridisation of wind, solar and battery storage 
  • Liaising with Matrix senior management and TPG to establish the market potential for assets, both those already in the portfolio and in M&A situations 
  • Closing PPAs or other hedging arrangements with counterparties, along with the Legal Director and the MDs of Matrix

General Skills / Attributes

  • At least 10-15 years of relevant experience in the electricity sector 
  • An extensive contact network in offtakers, traders of electricity, utilities, and providers of financial hedging instruments in European markets, which will bring immediate offtake opportunities to Matrix 
  • Integrating PPA strategy into the development and M&A strategies of Matrix, this individual must be comfortable participating in senior level decision making both in Matrix and where interfacing with TPG,  explaining the rationale for key decisions to these parties, along with the nuances of market dynamics in each key market 
    A strong communicator with the ability to deal confidently and build relationships with colleagues, advisors, and investors 
  • Bilingual and able to conduct business in English and Spanish at the highest standard 

 

If you are interested in applying, please send a cover email and CV in English to: hiring@matrixrenewables.com