PPA Origination Manager - Onshore Renewables

An exciting opportunity to join a global leading renewable energy investment and development company as an Origination PPA Manager, responsible for developing and executing the offtake and revenue strategy across a renewable energy and storage portfolio in Italy.

Location: Ideally based in Milan (remote).

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Key Responsibilities

PPA Origination & Offtake Strategy

• Develop and execute the offtake strategy across renewable energy and storage projects.
• Originate corporate, utility and bilateral PPAs and build relationships with utilities, traders, aggregators and large energy buyers.
• Assess optimal contracting strategies, balancing project bankability, value and merchant exposure.
• Monitor market trends, pricing benchmarks and regulatory developments.

Commercial Negotiations

• Lead end-to-end negotiation and execution of PPAs and related commercial agreements.
• Structure competitive PPA solutions covering pricing, tenor, volume, shape, imbalance, credit support, Guarantees of Origin, curtailment and termination provisions.
• Coordinate with legal, finance, development and risk teams throughout negotiations.
• Support EFET, ISDA and other relevant documentation where applicable.

Italian Power Market & Financial Analysis

• Analyse GME markets, PUN and zonal prices, forward curves, capture prices, cannibalisation, negative pricing, congestion and imbalance exposure.
• Assess route-to-market costs, merchant risk, storage revenues and ancillary-services opportunities.
• Use market data from GME, Terna, GSE and ARERA to inform PPA pricing, bidding and revenue strategies.
• Support financial modelling, project valuation and investment decisions.

Auctions & Support Schemes

• Lead participation in relevant Italian renewable energy and storage auctions and support schemes, including GSE auctions, FER X and MACSE where applicable.
• Develop bid strategies, pricing and commercial submissions in coordination with development, finance and international teams.

Stakeholder & Contract Management

• Work closely with development, project finance, M&A, legal and investment teams to maximise project value and bankability.
• Support financing, M&A and farm-down transactions and related due diligence.
• Manage PPAs throughout their lifecycle, including contractual obligations, performance requirements and commercial issues.
• Present commercial recommendations and key risks to senior management and investment committees.

Qualifications

Required Experience

• Solid experience in European energy markets, including substantial experience in the Italian power market.
• Direct experience originating, structuring, negotiating or managing renewable PPAs.
• Proven track record of executing renewable energy offtake agreements.
• Strong understanding of Italian electricity markets, GME, zonal pricing, forward curves, capture prices and imbalance exposure.
• Experience with Italian renewable energy auctions, GSE support schemes or competitive tenders.
• Experience with solar, wind, BESS or hybrid renewable projects.
• Established network across Italian utilities, suppliers, traders, aggregators and/or corporate energy buyers.
• Strong commercial, negotiation and relationship-management skills. xlwpduy
• Professional fluency in Italian and English.