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Development Manager - Hydro

Job title: Development Manager - Hydro
Contract type: Permanent
Location: Jakarta, Daerah Khusus Ibukota Jakarta
Industry: Renewable Energy
Start Date: 25/08/2020
Reference: 30583
Contact name: Avanti Buckler
Contact email:
Job Published: January 01, 1970

Job description

Formative Search has secured an interesting role with an investment manager focusing on renewable energy projects in Asia. The team is providing distributed energy generation solutions that takes on an active role in the development, construction and operations of its investments in renewable energy assets. 

They are looking for a Development Manager to lead the company’s project investment activities, taking full accountability to coordinate workstreams and promote cooperation across the team to successfully execute the entire investment cycle, to support the expansion strategy in existing and new sectors in Indonesia, with a particular focus on the hydropower sector.


Business development

  • Manage originations of New Business Opportunities in the RE sector.

  • Evaluate project/investment opportunities from an investment point of view including site visits, estimation of cost, constructability, generation potential, stakeholder relationship, sector development, evacuation

  • Lead due diligence activities in cooperation with other function, in order to analyze all relevant aspects of the project and advise the management.

Project Development

  • Define the development strategy with the Investment Manager and propose an implementation plan that will be approved by the senior management.

  • Lead and take ownership of the execution of the implementation plan.

  • Lead project development activities under guidance of Investment Manager and Country Manager.

  • Coordinate PLN qualification processes (DPT), DPT tenders by means of preparation of the required, technical, legal and commercial documentation, in close coordination with the team.

  • Lead the permitting process in preparation of the construction phase.

  • Support coordination of internal and external stakeholders for creating all necessary studies and designs including Grid Study, Feasibility Study, Legal DD for Land acquisition

  • Participate in pricing the solution/service including tariff structures, off-take tenors, etc. to develop attractive opportunities which meet the financial and return requirements of the Shareholders

  • Support negotiation of key contracts for new opportunities (with a focus on power purchase agreements) working closely with the different functional teams including project delivery, finance, etc.

  • Support the Investment Manager in taking projects from concept to financial close by participating in securing and negotiating relevant commercial terms including partnership agreements, PPAs, finance agreements, etc.

  • Manage together with in-country team, project partners, government, regulatory authorities, offtakers and project stakeholders to ensure commitment during pre-construction phase.

  • Support the activities necessary to reach financial close including the lenders due diligence process.


  • Highly analytical, organized and pragmatic professional with attention to details.

  • Relevant university degree (Master or Bachelor), preferably in Engineering/Finance/Law

  • 10 years’ experience working in a Business Development capacity in the Renewable energy or infrastructure. Experience of working in a technical role would be an advantage.

  • Excellent Excel and financial modelling skills are required and advanced use of the Microsoft

  • Additional language skills would be an advantage.

  • Enthusiasm and commitment to working in a fast-paced, entrepreneurial environment, able to work independently as well as a team member

  • Willingness to travel and visit project sites across Indonesia.

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