Director - Corporate and Business Development
Director, Business Development
Location: New York, NY
Join Brookfield Renewable North America, one of North America’s largest clean energy businesses, delivering reliable clean power across Canada and the United States through a diverse portfolio of hydro, wind, solar and energy storage assets. Brookfield Renewable North America has over 180 operating renewable power facilities totaling over 6GW of total installed capacity and $25 billion of assets under management. Brookfield Renewable North America is part of Brookfield Renewable’s global renewable power and transition platform, which manages more than $147 billion of assets under management and approximately 49 GW of operating capacity worldwide. Our organization is focused on safely operating critical infrastructure, providing dependable power to customers and communities, and advancing long-term growth through operational excellence, development, acquisitions and capital recycling.
Reporting to the Vice President, Business Development, the Director - Corporate and Business Development will focus on identifying, underwriting and executing renewable power investment opportunities; developing and executing strategic growth initiatives; overseeing corporate and portfolio-level modeling; and facilitating capital recycling initiatives. Brookfield Renewable North America’s strategy is to leverage Brookfield’s competitive advantages, including scale, local operating presence, access to large-scale capital and an operations-oriented approach, to advance and acquire high-quality clean energy assets on a value basis. The Director - Corporate and Business Development will participate in broader investment strategies through other Brookfield sponsored investment vehicles with a focus on U.S and Canadian operations. This position would be suitable for candidates who thrive in a performance-driven environment that emphasizes employee leadership and accountability for delivering results.
Responsibilities
Location: New York, NY
Join Brookfield Renewable North America, one of North America’s largest clean energy businesses, delivering reliable clean power across Canada and the United States through a diverse portfolio of hydro, wind, solar and energy storage assets. Brookfield Renewable North America has over 180 operating renewable power facilities totaling over 6GW of total installed capacity and $25 billion of assets under management. Brookfield Renewable North America is part of Brookfield Renewable’s global renewable power and transition platform, which manages more than $147 billion of assets under management and approximately 49 GW of operating capacity worldwide. Our organization is focused on safely operating critical infrastructure, providing dependable power to customers and communities, and advancing long-term growth through operational excellence, development, acquisitions and capital recycling.
Reporting to the Vice President, Business Development, the Director - Corporate and Business Development will focus on identifying, underwriting and executing renewable power investment opportunities; developing and executing strategic growth initiatives; overseeing corporate and portfolio-level modeling; and facilitating capital recycling initiatives. Brookfield Renewable North America’s strategy is to leverage Brookfield’s competitive advantages, including scale, local operating presence, access to large-scale capital and an operations-oriented approach, to advance and acquire high-quality clean energy assets on a value basis. The Director - Corporate and Business Development will participate in broader investment strategies through other Brookfield sponsored investment vehicles with a focus on U.S and Canadian operations. This position would be suitable for candidates who thrive in a performance-driven environment that emphasizes employee leadership and accountability for delivering results.
Responsibilities
- Lead or support transaction execution, including due diligence of potential investments, identification of key investment merits and risks, meeting with management teams, review of transaction documentation, and coordination with third-party consultants and advisors as required
- Allocate business development and transaction mandates to team members, review work product and provide individual performance feedback to drive professional growth;
- Monitor existing portfolio assets and develop & implement value-enhancing business plan initiatives, including strategic forecasting, capital allocation analysis and asset-level performance reviews
- Conduct valuations of assets and companies in the renewable power space using various methods such as comparable company analysis, precedent transactions and Discounted Cash Flow (DCF) valuations;
- Oversee and manage the construction, review and maintenance of detailed financial models used to evaluate potential transactions, support underwriting, and inform strategic decision-making;
- Coordinate with cross functional teams to contribute to the due diligence process and liaise with external stakeholders in evaluation of investment opportunities;
- Develop detailed business plans and investment materials to support Brookfield Renewable North America senior management in decision-making related to strategic initiatives, growth opportunities and capital recycling
- Assist in developing ideas for potential transaction and deal structures, perform industry research and evaluate new market segments and potential opportunities;
- Create presentation materials and present to senior management team, Board and investment committees in a concise and comprehensive manner;
- Manage special projects as required.
- University degree in a quantitative field such as finance, business, economics, or accounting with high academic standing
- 7+years of relevant work experience, preferably in renewable power, infrastructure, private equity, investment banking, project finance, transaction services or corporate development
- Experience conducting research and due diligence, evaluating transaction opportunities, performing financial and valuation analysis, and producing investment materials for senior management
- Demonstrated experience and understanding of financial models,
- Proficiency with PowerPoint and other Microsoft Office tools.
- Professional with a positive attitude, strong ownership mindset and demonstrated ability to contribute to a dynamic, collaborative and team-oriented culture.