Corporate Development Associate, Field
Acquisitions
£100-130k
3+ days a week in office
Renewable energy infrastructure, investment and trading
Job no longer available
Renewable energy infrastructure, investment and trading
201-500 employees
Job no longer available
£100-130k
3+ days a week in office
201-500 employees
Company mission
To accelerate the build out of renewable infrastructure.
Role
Who you are
- 5+ years previous experience in a relevant role from either an analysis or development perspective
- Experienced in project appraisal using financial models (excel/google sheets), including an understanding of key metrics such as IRR/ROI
- Role based in Field’s office in London Spitalfields, however some travel to project sites and stakeholder meetings will be required
- BESS experience is preferred, but not required
What the job involves
- The Corporate Development Manager will be responsible for identifying, assessing and acquiring “shovel ready” developments and partnering with developers on earlier stage projects to deliver Field’s UK portfolio
- You will be active in the industry, reaching out to prospective sellers, commercially evaluating their projects and recommending deals as part of the corporate development team to the senior management team
- Build our pipeline of UK battery storage projects:
- Understand and promote Field’s vision in the industry
- Build relationships with developers
- Use publicly available resources and industry intelligence to maintain an extensive database of projects in development (and operation)
- Financially and operationally evaluate new sites:
- Project management from site evaluation to completion
- Assess whether a project achieves our target Internal Rate of Return using Field’s in-house site assessment Financial Model
- Understand key drivers for a site's financial attractiveness, including site-specific revenue, operational expenditure and capex considerations
- Work with Field’s procurement and construction teams to accurately forecast project construction costs and timeframes
- Working with Field’s development team to understand any project risks and non-financial factors in a site’s assessment, including any post-acquisition work
- Prepare non-binding offers and issue to Sellers:
- Suggest acquisition strategies for projects at different stages of development
- Make recommendations for any conditions precedent to an acquisition closing
- Communicate offers well and work to seek agreement within limits of negotiation
- Once an offer has been accepted, liaise with Sellers to manage the project through to acquisition:
- Build a project plan or Monday board to help manage the process to conclusion
- Build a risk register to ensure we focus our attention on the right areas
- Coordinate with third parties to progress and perform technical and commercial due diligence
- Ensure our legal team have the information and instructions they need for legal due diligence and documentation
- Ensure our Development and Construction team allocated sufficient resources to review key risk items and commission additional technical studies as required
- Work with Field’s Financial Planning and Analysis team and Techno-commercial teams to:
- Refine and update our Site Assessment Financial Model to ensure our bids remain competitive
- Stay close to the market and understand commercial and regulatory changes that could have a financial impact on projects
- Run scenarios in models to assess the risk to Field
Salary benchmarks
Our take
Tackling the climate crisis requires a belief that large systemic changes can be made, with the determination to make them happen fast. Field wants to drive this change and is setting out to do so by financing, building, and operating renewable energy infrastructures.
The journey begins with energy storage, and Field is already making strides with a growing portfolio of batteries in the UK. These will store renewable energy for when it's most needed, creating a flexible, reliable, and green grid.
But this is just the start. Field's long-term vision is even bolder - becoming the UK's top energy storage player, expanding globally, and diving into cutting-edge renewable technologies that will shape the future of energy.
Kirsty
Company Specialist at Welcome to the Jungle
Company
Funding (2 rounds)
Jun 2022
$39.6m
EARLY VC
Aug 2021
$13.2m
SERIES A
Total funding: $52.8m
Company benefits
- Flexible & Remote Working: We know that our work should fit around our lives, not the other way around. To help our team navigate this, we have a hybrid working framework (2 days Working From Home a week), and a Work From Anywhere benefit (1 month a year working anywhere in the world)
- Learning & Development: You’ll be coming to Field to grow; whether it’s at one of our weekly Teach-In sessions or developing skills with our dedicated Learning & Development budget
- Meaningful Equity: It helps to have a vested interest in the success and impact of your work. Therefore every member of our team is a Field shareholder
- Green Leave: One additional paid day off per year to roll up your sleeves and do something for the planet
- Socials & Celebrations: We hold weekly team lunches and teach-in sessions, monthly socials, and a couple of offsites a year to make sure we are staying connected. You'll also get a carbon offset gift from Field to the planet to celebrate your birthday
- Enhanced Parental Leave: We offer 6 months of leave for all primary carers, 3 months of leave for all secondary carers and 10 additional days of leave for fertility treatment- all fully paid
Company HQ
London, UK
Leadership
Luke Gibson
(CEO)They joined Field in 2022 as CEO. Prior to this, they co-founded Two Degree Footwear & Apparel where they served as the CEO for 4 years.
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