Director - Head of Power & Utilities Transactions

The Role

:

As the Head of the Transaction & Energy Transition team in P&U, you will be responsible for:

• Leading the team’s origination and execution effort
• Leading engagements to provide financial, regulatory and market analysis to help infrastructure investors and corporate development teams identify investment opportunities
• Providing commercial and regulatory due diligence as well as strategic advice on transactions, with a focus on regulated utilities and infrastructure, leveraging our sector knowledge and specialist skills in finance, regulation, and benchmarking
• Advising utilities on strategic investments, value creation, asset valuation and growth opportunities across regulated and competitive infrastructure businesses
• Advising investors, lenders and infrastructure owners on acquisitions, disposals and capital raising, providing support and value creation strategies across power and infrastructure assets.
• Leading several engagements of different sizes on a day-to-day basis, with responsibility for the quality of deliverables produced for clients
• Working closely with our colleagues in other parts of Deal Advisory to develop and maintain business relationships with clients, in particular infrastructure investors
• Contributing to the overall growth of the P&U team, IAG and the whole firm
• Providing effective management, coaching and mentoring of junior staff

The projects that you will advise on will be high profile and varied, focusing on utilities and energy transition assets. For example, the team has recently provided:

• strategic, regulatory and commercial buy-side advice on a large UK water utility for a consortium of financial investors
• regulatory vendor due diligence on a large UK water utility
• lead advisor to an infrastructure fund on an investment in gas distribution networks
• regulatory, market and strategic buy-side due diligence on UK electricity grid for a utility client
• M&A advice on the sale of a C&I solar platform (jointly with our M&A team)
• regulatory and strategic review of an energy efficiency company in Europe
• regulatory & commercial due diligence on a large OFTO
• advice to a global infrastructure fund on the future of gas market and regulation

The Person:

The ideal candidate will have

• At demonstrable experience of advising on transactions in the Power & Utilities sector
• Specific experience of providing regulatory and commercial due diligence and/or strategic and finance advice on deals in the Power and Utilities sector
• Experience of managing transactions in infrastructure, with good understanding of transaction process and execution
• Experience of UK regulated utilities and understanding of the key aspects of the UK energy policy, water sector and economic regulation; understanding of P&U sectors and regulation in other jurisdictions would be also very helpful for this role
• Established relationships with at least some infrastructure investors
• Ability to work at pace and during intense periods of live transactions
• Excellent presentation and communication skills
• Strong commercial awareness
• A proactive attitude and a will to succeed, with experience of finding and developing opportunities