Commercial Asset Manager

Location: Toulouse, France

Reporting to: Head of Asset Management

About the Company

Our client is a leading European independent power producer and developer specialising in utility-scale solar photovoltaic and battery energy storage systems (BESS). With an established presence across multiple European markets and a fast-growing international footprint, their portfolio spans 1 MW of operational assets and a robust pipeline of projects under development. Their mission is to accelerate the energy transition by delivering high-quality, bankable renewable energy projects that generate long-term value for investors, partners, and the communities they serve.

The Role

Our client is seeking to recruit a Commercial Asset Manager to oversee the commercial performance of their global portfolio of solar and battery storage assets. The successful candidate will act as the primary interface between operational assets and key external stakeholders, including offtakers, grid operators, regulatory bodies, and financial partners.

This is a high-impact role for a commercially driven professional who thrives in a dynamic, international environment.

Job Responsibilities

Portfolio & Contract Management

Manage and optimise Power Purchase Agreements (PPAs), Contracts for Difference (CfDs), feed-in tariffs, and other revenue contracts across a global asset portfolio
Monitor contract compliance, track key performance obligations, and proactively manage commercial risks
Lead contract renegotiations, amendments, and renewals to maximise portfolio value
Oversee energy trading and offtake strategies in coordination with internal trading desks or external partners

Financial Oversight

Track asset-level revenues, ensure accurate invoicing to offtakers, and reconcile meter data against contractual entitlements
Contribute to annual budgeting, long-term financial modelling, and variance analysis for operational assets
Identify revenue optimisation opportunities, including merchant market exposure, ancillary services (FFR, DCH, etc.), and battery dispatch strategies
Prepare regular commercial performance reports for senior management and investors

Regulatory & Market Intelligence

Monitor regulatory changes in target markets (Europe, MENA, Americas, APAC) and assess their commercial impact on the portfolio
Engage with grid operators and regulatory authorities on curtailment, balancing, and grid access matters
Stay abreast of electricity market dynamics, capacity mechanisms, and subsidy frameworks relevant to solar and BESS assets

Stakeholder & Relationship Management

Serve as the primary commercial point of contact for offtakers, utilities, traders, and grid operators
Collaborate with technical asset managers, legal counsel, finance teams, and development teams to deliver integrated asset management
Support the investment team with commercial due diligence for acquisitions and new project financing

Qualifications

5+ years of experience in asset management, energy trading, structured finance, or a related commercial role within the renewable energy sector
Strong understanding of solar PV and/or BESS technologies and their revenue streams (PPAs, CfDs, capacity markets, ancillary services) is mandatory
Proven track record of managing complex energy contracts and negotiations with counterparties
Experience working across multiple geographies; familiarity with at least two major European electricity markets (France, Spain, Germany, UK, Portugal, or Italy)
Exceptional analytical skills with proficiency in financial modelling tools such as Excel or Power BI are mandatory
Strong communicator with the ability to present commercial insights clearly to internal and external audiences
Fluent in English; additional European language(s) a significant advantage

Preferred

Experience managing BESS commercial strategies, including dispatch optimisation and FFR/DCH/BM participation
Familiarity with merchant risk management and power price hedging strategies
Exposure to project finance structures, including SPV management, lender reporting, and DSCR compliance
Master's degree in Finance, Engineering, Economics, or a related discipline

What the Organisation Offers

A permanent contract based in Toulouse, with a hybrid working model (headquarters-based with travel to asset locations as needed)
A senior role with real autonomy and visibility across a fast-scaling international platform
Competitive base salary, performance-related bonus, and benefits package
International exposure across Europe and emerging markets as the portfolio grows
A collaborative, entrepreneurial team culture committed to the energy transition
A clear career development pathway within a well-capitalised, growth-stage IPP

Apply now or explore more Commercial Asset Manager job opportunities.

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