Quick Overview
Job Description
About Us
We, at Caudal Energy, have the ambition to harness the power of our oceans and turn our pioneering tidal stream technology into a scalable source of predictable and affordable energy. Backed by leading investors and Innovate UK, we are now moving from prototype development towards commercialising our proprietary equipment at scale. Developing projects that demonstrate our technology in real-world applications is fundamental to building the evidence, customer relationships and commercial pipeline that will enable this growth.
About the Role.
We are looking for an experienced, energetic and commercially driven Business Developer to help accelerate our growth. You will play a key role in assessing markets, developing new opportunities, building our project pipeline and strengthening relationships with customers, partners and other key stakeholders.
Responsibilities
Market assessment and development:
- Identify and develop tidal energy markets, customers, and commercial opportunities, creating tools and assets to support engagement.
- Monitor electricity markets, policy, regulation, subsidies/support mechanisms, technology costs, competitors, and emerging opportunities.
Project Origination:
- Identify and develop specific opportunities for tidal stream projects. Find suitable sites and assess seabed availability, tidal resource, grid proximity, planning constraints, environmental considerations, and development potential.
- Understand planning, permitting & grid strategy, and marine operations opportunities and constraints to incorporate into these opportunities.
- Build, qualify, prioritise, and maintain a pipeline of prospective projects from early-stage opportunity through investment/financial close.
Commercial and stakeholder management:
- Identify potential developers, investors, utilities, technology providers, site-owners, and other partners for strategic collaboration. Secure LOIs in support of future investment raises.
- Business case development & Deal execution: Prepare opportunity assessments, deal economics and business case proposals; then support projects through key milestones to financial close.
- Lead or support negotiations involving site agreements, development rights, partnerships, offtake arrangements, joint ventures, and other commercial contracts.
- Build and maintain long-term relationships with strategic customers, partners, site owners , local communities, government bodies and other stakeholders.
Project development coordination
- For live projects, bring together engineering, marine operations, environmental, finance, procurement and customer to progress projects.
- Identify commercial, technical, regulatory, planning, grid, land, and stakeholder risks and develop mitigation strategies.
- Manage regulatory interfaces to ensure on time delivery.
Essential skill and Experience
- Renewables business development experience – evidence of origination and progressing projects through the development funnel.
- Entrepreneurial approach to identifying opportunities
- Commercial and strategic thinking
- Strong negotiation and influencing skills
- Financial and investment analysis
- Project-development understanding
- Stakeholder and relationship management
- Strong communication and presentation skills
- Understanding of contracts and commercial structures
- Ability to work across technical, legal, finance, and delivery functions
Desirable
- Marine energy sector experience
- Renewable project execution post financial close
- Planning/grid/regulatory awareness
Hybrid working
Pension
25 days leave +bank holidays