Octopus is a fast-growing company with more than 800 employees. Since we launched in 2000, we’ve established market leading positions in the UK across financial services, healthcare and energy. From a standing start in 2010 Octopus grew its energy business rapidly to become Europe’s largest non-utility renewable energy investor with investments in solar, wind, biomass, landfill gas, anaerobic digestion and gas peaking plants. The core technology in this portfolio is solar PV – Octopus now manages over 1.3 GW of solar projects in the UK, France, Italy and Australia on behalf of its investors and has the equivalent of nearly AUD 5 billion under management in the Energy team. In January 2018 an office was opened in Melbourne to take advantage of a rapidly growing renewable energy investment market and an opportunity to raise funds in Australia to invest in renewables. Solar PV will be the initial focus and in December 2018 the team closed its first investment into the 333 MWp solar project near Darlington Point in NSW, Australia. The business is now focused on raising and deploying two new funds, one targeted at institutional investors and one with an innovation theme aimed at high net worth individuals.
The role is part of a team responsible for originating, evaluating and executing new investment opportunities and also managing investments once made. The role will be split between these two areas of the business. Investments are expected to primarily consist of ‘shovel ready’ solar or possible onshore wind projects that will enter construction after acquisition by one of Octopus’ funds. This role will report into the Investment Director heading up the investment team in Australia.
The role is office based in either Sydney or Melbourne – with site visits required periodically. The role would likely require at least one week a month spent outside the home office (i.e. Sydney if based in Melbourne.)
Essential Job Functions
The role will be split between assessing and executing new investments and managing existing investments – broadly a 50:50 split should be expected but this will vary over time.
Originating and executing new investments