Director - Commercial Investments

We are Lightsource bp – and we’re on a mission to become a global leader in onshore renewables, anchored by our proven track record in solar development.

For over a decade we’ve been actively working to diversify the way our world is powered with sustainable and responsible renewable power. We work to safely deliver affordable, reliable, large-scale onshore renewable and energy storage solutions to help the world decarbonise.

Our growing business is constantly innovating and investing to help drive the energy transition. Our people and projects are focused on supporting long-term sustainable growth and energy security.

Lightsource bp was fully acquired by bp in 2024.

Compensation: $150,000 to $175,000 annually plus a discretionary 25% on-target annual bonus.

Position must be hybrid and based out of Denver, Austin, or San Francisco. This role is not eligible for remote work.

What you’ll do

The IM Team

The Investment Management Team (IM) is the guardian of LSbp operational investments with a focus on long term value creation. Within a matrix organisation, the IM team interacts closely with

Externally, IM handles relationship with Capital Providers from Financial Close or COD (depending on jurisdiction) in close coordination with Structured Finance.

The IM team is organised around three “verticals” (as below) supporting the IM Regional Heads (one for US and one for EMEA and APAC)

The IM Regional Heads are directly in charge of managing the financial and commercial performance of existing and future PV assets and any joint ventures partners.

US Commercial Investment Director

The US Commercial Investment Director will lead alongside the US Regional Head the management of the US PV Assets Portfolio and joint venture partners. The current portfolio includes a 2.4GW Joint Venture between LSbp and its original founders (no longer in the business) across 9 portfolio and 23 projects. A further 1GW of solar and battery projects is expected to go into construction and be partnered within a 6 to 9 month horizon.

Core Responsibilities

o Contract reviews (e.g. scope, terms)

o Detailed costs analysis

o Value-accretive capex / one-off expenses

o Power monetization strategy

o Insurance strategy

o Capital planning

Who we’re looking for

Knowledge

Qualifications

Experience

o Strong late-stage development lead (e.g. EPC, PPA or other material contracts negotiation) OR

o Hands-on corporate strategy role (including M&A / capital planning / commercial and financial diligence) combined with earlier strategy at top consultancy firm

What challenges can you expect in this role?

o You may not have all “pieces of the jigsaw” at any one time, but will be expected to think two or three shot ahead

o You will have to manage multiple stake-holders to drive your agenda and the right decisions

Why you’ll make a great member of the team

Personal qualities

We Offer

Why you’ll want to work with us

Our company is a place where you can be yourself and grow – a place where your ideas and opinions matter.

Be you: We pride ourselves on being an inclusive community, where every individual is valued and treated with respect.

Be responsible: Our culture is driven by our core values. From operating safely to ensuring our solar projects are responsible and promote biodiversity.

Be recognized: Alongside a competitive salary, we offer a variety of benefits including annual bonus, retention bank, health insurance, pension, and other local benefits.

Be inspired: Join an agile, international team working across 15 countries to power the future and positively impact people, communities, ecosystems and biodiversity across the world.

Our core values: Lightsource bp truly cares about creating a sustainable future through safe, responsible and meaningful low-carbon energy projects. Our core values of Safety, Integrity, Respect, Sustainability and Drive are the guiding principles for everything we do.