IR - M&A Manager

Company Overview:

Mainstream Renewable Power is a leading pure-play renewable energy company, with wind and solar assets across global markets, including in Europe, Latin America, Africa, and Asia-Pacific. Our mission is to accelerate the global transition to renewable energy by delivering clean, affordable and reliable energy at scale. We are one of the most successful developers of gigawatt-scale renewables platforms, across onshore wind, offshore wind, and solar power generation with a global portfolio of 20.8 GW. In May 2021, Aker Horizons acquired a majority stake in Mainstream, and in April 2022, Mitsui & Co., Ltd. joined Aker Horizons as a long-term strategic investor. We currently employ over 400 people across 5 continents, and we are looking for ambitious, driven, and talented people to join us on our mission to drive forward the energy transition.

Summary of the Role:

Mainstream Renewable Power is looking for an experienced M&A Manager to join the Business Development Team to manage all M&A (Acquisitions, Divestments, Partnerships) and related transactions end to end. The successful candidate will be a member of the team responsible for originating, analysing, and valuing target acquisitions and divestments as well as structuring, negotiating, and executing acquisition or divestment transactions. International experience is a distinct advantage. This candidate must be a strong team player with high levels of self-motivation and excellent analytical and communication skills.

This role will report into the Head of Business Development and Origination within Mainstream’s central Growth function and will work closely with external advisors and other internal teams, including the commercial teams within Mainstream’s business units, to carry out due diligence and review market analysis and legal documentation.

The successful candidate will be experienced in preparing concise schedules and summary documents for senior management and board discussions. This candidate will be comfortable in presenting to the Mainstream leadership team and board if required. This candidate will be able to understand and assess risks and opportunities in a given market and/or technologies. They will contribute, and work with colleagues, to prepare Board level materials making transaction recommendations and reporting on transaction progress.

The role will be based out of Mainstream’s head office in Dublin. A flexible approach to location can be taken for candidates within Europe who will be required to travel to the Dublin office and internationally.

THE ROLE

• Work closely with the Head of Business Development and Origination to input into Mainstream’s growth strategy which is updated periodically and approved by Mainstream’s board and Shareholders.
• Carry out research on third party projects, platforms (groups of projects), companies, markets, and teams.
• Evaluate acquisition targets for strategic, financial, and commercial fit with Mainstream’s Growth strategy to ascertain their suitability and appropriate prioritisation.
• Prepare market analysis understanding the dynamics, specificities, constraints, and opportunities of each target market.
• Project manage due diligence processes from initial opportunity to deal completion. This will involve tight management of timelines, internal teams, external advisors, and documentation review.
• Assess the pros and cons of the various opportunities and solutions offered through in-depth analysis of their business models and impact on company financials.
• Collaborate closely with dedicated financial modeller to design, build and maintain highly complex financial models that are able to prepare valuation and various scenario analysis.
• Fully understand and participate in legal, financial and tax structuring of transactions to facilitate a seamless integration of the opportunity into the Mainstream group.
• Manage the review of legal documentation (e.g., Letter of Intent, Non-Binding Offer, Binding Offer, Share Purchase Agreement, Joint Development Agreement etc.).
• Negotiate acquisition agreements representing Mainstream’s interests.
• Manage the completion of a risk, corporate governance, and compliance analysis of target acquisitions.
• Manage third party advisors, including costs, throughout the due diligence and acquisition process.
• Compliance in working to strict deadlines.
• Manage the integration strategy of acquired assets in the Group portfolio and handover over the acquisition to the relevant business manager / region / team once a transaction completes.
• Manage the preparation of investment proposals, board updates and Risk and Investment papers along with any other documentation necessary for internal approvals.
• Represent Mainstream confidently and knowledgeably in public.
• Work seamlessly with Mainstream’s shareholders throughout any acquisition opportunity.

THE PERSON

• Minimum 5 years of experience in a commercial role in the wind/solar/battery industry.
• Track record in originating and delivering relevant transactions: including joint development / JV / partnership agreements, asset acquisition / divestment, M&A of companies, buying, financing and divesting wind & solar assets at different stages of development, construction, operations.
• Knowledge of the players in the market and a strong understanding of the various mechanisms prevailing in the financing of renewable energy projects and companies.
• Outstanding project management skills and ability to demonstrate being able to work on multiple projects at once.
• Strong experience in due diligence process and legal documentations.
• Demonstrate experience in working to deadlines.
• A keen interest in keeping abreast of commercial updates in the global renewable market.
• Deep understanding of risk and value drivers in renewable projects and businesses.
• Comfortable working autonomously and as part of a team. Can demonstrate a high level of self-motivation.
• Adaptable, tenacious, self-starter and self-reliant.
• Demonstrate ability to work in teams across different time zones.
• Excellent interpersonal skills to deal with internal and external parties.
• Strong presentation, verbal, and written communication skills.
• Experience of contract negotiations and commercial acumen a distinct advantage.
• Experience of gathering and utilising competitor/industry market knowledge, market evaluation and entering new markets is a distinct advantage.
• High personal standards regarding professional code of conduct and compliance.
• Willingness to travel internationally and work a flexible day.