The role is within the Asset Management team of Nuveen Infrastructure. With a portfolio continuously experiencing increased exposure to power markets and underlying risks, Nuveen is looking to expand its capabilities in evaluating and managing energy risks, with the ultimate objective of securing revenues. The role reports to the Head of Power Hedging.

The successful candidate will have the opportunity to execute Power Purchase Agreements ("PPAs") and structure the revenue management of Nuveen's portfolio, navigating amongst multiple technologies (including BESS) in more than 10 power markets. The candidate, part of the Power Hedging team, will be involved in originating and structuring PPAs, managing relationship with key corporate and utility offtakers, hedging environmental attributes, negotiating Route-to-Market agreements, as well as building a diversified energy portfolio from a risk perspective.

Key responsibilities:

• Originate and structure PPAs for assets under management
• Support Investment Team with due diligence reviews on offtake structures
• Manage relationship with key offtakers and market access providers
• Participate in BESS revenue model definition and execution
• Negotiate Route-to-Market agreements for operational and to-be-built assets
• Build a diversified energy portfolio from a risk perspective

Qualifications & Experience Required

• Bachelor's degree in Economics, Finance, Engineering, or similar fields or an equivalent combination of experience and education.
• 2+ years of renewable asset-backed trading or portfolio management at a utility, bank, fund or trading house
• Good knowledge of global power markets and embedded risks
• Experience in originating and structuring corporate/utility PPAs
• Fluency in at least one European language, as well as English, is an advantage
• This role is based in central London, with limited travel anticipated

Competencies Required

• Very strong delivery and commercial mindset
• Highly analytical and strategic mindset
• Quantitative or data-driven background is a plus
• Ability to work in a fast-paced environment
• Interest in the renewable energy industry

Additional Information

This role requires no regulatory designation.

Nuveen is committed to providing equal opportunity across all employment practices and we believe our employees have a right to a diverse and inclusive workplace.

Nuveen offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities. Please contact ta@nuveenglobal.com should you require any assistance.

Related Skills

Asset Management, Clean Energy Acumen, Communication, Contract Management, ESG Scoring, Financial Analysis, General Risk Management, Infrastructure Investments, Investment Accounting, Investment Reporting Oversight, Investment Research/Analysis, Market/Industry Dynamics, Portfolio Management, Prioritizes Effectively, Project Management, Relationship Management, Stakeholder Engagement

Company Overview

Nuveen is the investment management arm of TIAA. It is one of the largest global asset managers with specialist knowledge across a wide array of asset classes, including fixed income, listed equities and alternatives. Nuveen is driven not only by the independent investment processes across the firm, but also the insights, risk management, analytics and other tools and resources a truly world-class platform provides. As a global asset manager, our mission is to work in partnership with our clients to create outcome-focused solutions to help them secure their financial future. For more information about the firm please visit our website at www.nuveen.com

Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:

Phone: (800) 842-2755

Email: accessibility.support@tiaa.org

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