Director of Intelligence Project

Director of Origination Career Level 3 Permanent The Elimini team is on a mission to help rewind the climate crisis. Together, we’re taking carbon removals out of the lab, and into the real world. As the Director of Origination, you will be responsible for leading the origination and negotiation of long-term, multi-million-dollar sales agreements for Carbon Dioxide Removal (CDR) credits and renewable energy generated from upcoming bio-energy carbon capture and sequestration (BECCS) plants developed by Drax, both in the US and internationally, as applicable. You will support the development and implementation of a CDR and power sales strategy for the BECCS project in partnership with the Senior Vice President of Commercial and the larger Commercial team by: leading the origination and negotiation of long-term, multi-million sales agreements of the Carbon Dioxide Removal credits (CDR) and renewable energy generated from to-be-constructed bio-energy carbon capture and sequestration (BECCS) plants developed by Drax in the US and/or abroad (as applicable). As the Director of Origination, you’ll be responsible for, but not limited to Supporting the development and implementation of a BECCS project CDR and power sales strategy in concert with the SVP – Commercial and larger Commercial team by: Supporting identification of target customers, brokers, and counterparties and working with these entities to secure long-term sales agreements in support of the project's Financial Investment Decision (FID). Coordinating with Finance, Development, Delivery/Execution and other teams to structure deals with pricing and tenor necessary to support FID and appropriately de-risk project construction. Lead and support on transaction negotiation (or oversee employees leading a negotiation) working in tandem with Legal to secure critical sales or “offtake” agreements of CDRs and/or renewable energy in support of FID timing; all of which will vary depending on and the location of the relevant project and the specific requirements of this project. Developing and building upon carbon market knowledge and interface with Carbon Markets Team in the UK, in support of sales of BECCS CDRs and/or other credit sales. Working closely with Development, Delivery/Execution, Finance, and Legal teams to support transaction structuring that meets financial objectives, on the necessary timeline and de-risks projects as effectively as possible. To excel in this vital role, you’ll need:   Demonstrate your experience negotiating large, complex energy sale contracts in markets across the US in support of project FID or “Notice to Proceed” (NTP), including the ability to understand negotiation leverage, or lack thereof, and implement this understanding to work through issues to achieve an executable contract in support of project FID. Experience working in the renewable energy project development (or similar) sector with a strong understanding of the key tenets of project development/construction/pricing and how to manage project uncertainties in tandem with long-term PPA negotiation. You’ll take initiative to drive activities and delivering results while employing your analytical skills, financial knowledge and critical thinking to assess the strategic fit of opportunities as they arise and progress and be able to move on from opportunities that appear not to be “real”, or at least “table” these for later discussion. We are partnering with innovative institutions who will provide their expertise and support to help us push the boundaries of carbon capture technology and play a critical role in delivering climate solutions on a world-changing scale. To make this a reality, we actively work to better represent the communities we operate in, foster inclusion, and establish fair processes. Talk to us about flexible working! If you want to find out more about Elimini and Drax, check out our LinkedIn page to see our latest news. If you’d like to have a confidential chat to discuss the role in more detail, please email Kenyetta.