Commercial Manager (Calgary)

Commercial Manager (Calgary)

31 Oct
|
Horizon New Energy
|
Calgary

31 Oct

Horizon New Energy

Calgary

Horizon New Energy (“Horizon”) is a Canadian renewable energy company developing wind, solar and energy storage projects to deliver clean, cost-effective power across Canada. Horizon is a Copenhagen Infrastructure Partners (CIP) platform company. CIP is a well-capitalized global private equity fund management company with ambitious growth targets and approximately EUR 30 billion in assets under management focused on investments in renewable energy. We are looking for a Commercial Manager / Senior Commercial Manager to help grow our renewable energy portfolio across Canada. Reporting to Horizon’s Managing Director, you will lead commercial and business development strategy, analysis and execution, evaluating and negotiating investment opportunities from early stage development through construction and operations. Working with the Managing Director and CIP’s investment team in New York, you will develop business cases and financial analysis to support RFP submissions and acquisitions, helping deliver profitable projects that meet key financial metrics. You will join a small, team-oriented team in a fast-paced renewable energy company with a start-up culture. Our entrepreneurial culture values ownership, accountability, problem-solving, teamwork and continuous improvement. If you take initiative and manage work independently with exceptional attention to detail, this could be the right role for you. The preferred candidate has 5-10 years of experience leading commercial activities for contracted and merchant renewable energy projects across Canada for an independent power producer (IPP), or experience within an investment bank, pension fund manager or private equity firm developing renewable energy business cases, managing platform companies and/or leading acquisitions.

Key responsibilities
will include:





Evaluate renewable energy project acquisition opportunities and manage internal resources to conduct due diligence and financial analysis for multiple projects in parallel. Lead or support negotiations with external parties for project acquisitions at various stages of development. Support the strategy for greenfield development of utility-scale wind, solar, and storage assets across multiple provincial markets by providing commercial guidance to the project development team. Lead or contribute to the negotiation of Indigenous equity partnerships with Indigenous communities on wind, solar and BESS projects. RFP / PPA Bid Strategy and Preparation

Develop strategies and supporting analysis for procurements in target Canadian electricity markets, including tracking provincial solicitations, analyzing RFP and PPA technical and financial requirements, tracking awarded contracts and competition for past and futuresolicitations, collecting and analyzing strategic data to support competitive analyses, and preparing summary presentations for senior management. Working closely with Horizon’s project development team and CIP’s investment team, manage the commercial and financial preparation and evaluation of bids for provincial utility-led Requests for Proposals (RFPs) and other bids, auctions and procurement solicitations.



Work closely with Horizon and/or CIP Associates to build project pro forma models that incorporate all commercial aspects of RFPs and PPAs. Lead bid strategy assessments, including analyzing provincial requirements, needs, commitments and competition through qualitative and quantitative analyses, defining bid strategies and providing recommendations. Evaluate new opportunities for future provincial procurements and assess RFP and contract risks, including between active bid periods. Prepare responses to PPA RFPs and negotiate new PPAs with commercial and industrial customers for upcoming projects. Provide guidance on structuring long
- and short-term PPAs, manage basis risk and deploy hedging strategies. Working with Horizon’s legal team and CIP’s accounting team, establish project-specific entities that meet RFP requirements, CIP’s internal fund requirements and joint venture requirements with Indigenous communities. Bid Governance

Prepare and manage reporting materials, legal reviews, peer-review materials and senior management updates. Prepare for and address post-bid requests, including responding to clarification requests and questions, preparing additional materials, and supporting additional management and shareholder approvals. Working with CIP’s finance team, prepare RFP bid security deposits, performance security deposits, Letters of Credit and RFP submission fees. Prepare post-award requirements, including documenting bid commitments, award requirements and other applicable requirements to support the transition to the project team. Monthly SteerCo and Annual Board Analysis and Reporting

Working closely with Horizon’s Managing Director and team, prepare monthly Horizon SteerCo presentations, annual and semi-annual Horizon Board presentations, and project-s

📌 Commercial Manager (Calgary)
🏢 Horizon New Energy
📍 Calgary

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