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Managing Director, Korea (Onshore Renewables)

Job title: Managing Director, Korea (Onshore Renewables)
Contract type: Permanent
Location: Seoul
Industry: Renewable Energy Executive Management
Start Date: 17/11/2022
Reference: 31950
Contact name: Adam Carabetta
Contact email: adam@formativesearch.com
Job Published: January 01, 1970

Job description

Formative Search has partnered with a new investor in the Asia Pacific energy & infrastructure landscape, that is focused on building a pipeline of on-shore renewable energy projects across the region.

In Korea they see huge potential in both Solar, Wind, and Energy Storage, and are set to build a scalable and profitable business. As a result, we are helping them secure an experienced Managing Director and Country Head to assist in sourcing new projects, development of them, and bringing these to financial close.


What will the Country Head be doing?

·       Assisting Team Executives to identify and assess new Solar, Wind, and Energy Storage opportunities in the Korean market.

·       Assisting Team Executives to due diligence projects or development opportunities including the selection, appointment and management of due diligence advisers as necessary.

·       Overseeing underlying development teams to deliver development plans across the portfolio of projects including resourcing and budget planning.

·       Proactively managing the development process including identifying key risks to project delivery and managing budget and funding to minimise potential losses due to delays or failure to secure projects.

·       Any other tasks that would be required to fulfil the position.

·       Identify any remaining development permits or consents required before construction can commence and work to secure these and de-risk projects before the financing process begins.

·       Scope and select project advisers and consultants including owners engineer, legal advisers and other market, technical or environmental consultants.

·       Identify, tender and select equipment suppliers, EPC and O&M contractors for projects.

·       Oversee the effective development and implementation of contractor’s health & safety management plans.

·       Commercial review and negotiation of term sheets and contracts, including agreements for equipment supply, power purchase agreements (PPAs), leases, EPC and O&M agreements.

·       Assist Team Executives to prepare project specific elements of internal approval papers and information memoranda for debt and equity investors.

·       Any other tasks that would be required to fulfil the position.


What will the Country Head look like?

·       Experience working in an off-shore wind developer, equipment supplier or contractor.

·       Proven commercial skills in negotiating infrastructure contracts and involvement in successful negotiations relating to contract variations. Experience working in a construction company in this regard would be viewed favourably.

·       Project development experience including the identification of sites, negotiation of land leases or options, securing grid connections, easements, planning and environmental approvals.

·       Equipment procurement experience, selecting suitable equipment suppliers and running competitive tenders for greenfield utilities projects.

·       Understanding of, and experience implementing, Workplace Health Safety and Environment (WHSE) standards to industry best practice.

·       Scoping and selection of owner's engineers, legal advisers and other technical advisers or consultants for utilities projects.

·       Demonstrable preference for working in an entrepreneurial environment; superior analytical and numerical skills.

·       Experience in working successfully with international and local financial institutions to deliver project finance solutions.


Our client is truly set to be one of the leading players in the global renewables arena. This is a great opportunity for someone to really make their mark in the Korean Renewables arena, and with the potential to rise the ranks with one of the biggest brands in this space. Our client will offer an attractive package with significant bonus for exceptional performance. If you're a capable, motivated and stand out professional, we want you on this team. 

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