Investment Director, Octopus Energy Group
Octopus Energy Generation
3+ days a week in office
Entech company
Job no longer available
Entech company
1001+ employees
Job no longer available
3+ days a week in office
1001+ employees
Company mission
Octopus Energy's mission is to speed the transition to a sustainable, low carbon future through renewable energy and technology whilst putting customers at the heart of everything they do.
Role
Who you are
- Be a team player with the confidence to exercise judgement appropriately, engaging with colleagues at all levels of seniority
- Transaction experience in the Renewables / Infrastructure / Energy sector from working at a fund manager, investment bank, project finance lender, industrial or in transactions advisory
- While prior experience as an equity lead is beneficial, we highly value diverse perspectives and skills that enhance our team's effectiveness
- Strong analytical skills and proficiency in financial modelling using Excel
- An understanding of financial valuation theories coupled with core accounting and tax skills and an ability to read financial statements confidently
- Commercial mindset, able to own investment decision making and understand the impact on potential investments
- An ability to understand risks, reach a balanced appraisal of probability and impact, and build workable risk mitigation strategies
- Project management and organisational skills
- Evidence of managing complex workloads in a fast-paced environment
- A self-starter attitude with tenacity, initiative and a willingness to commit to deliver the required results
- An ability to focus on the ultimate customer (the investors who trust us with their money) in all aspects of the role
- Ability to communicate with and influence a broad range of individuals, ranging from team members, project developers, landowners, project finance teams, lawyers, technical advisors, policymakers, the Octopus Investment Committee members and potential investors
- Fluency in Italian is a plus
- Italian market experience is a plus
What the job involves
- This role involves working from the office approximately three days per week, promoting flexibility
- Join an expanding team as we accelerate our pace of new investments
- Originate, evaluate and execute new investment opportunities
- Lead and oversee deals across solar, wind and renewable thermal technologies
- Support and mentor team members of all levels, facilitating their development into deal leads, enhancing our collective expertise and leadership in the field. Be ultimately accountable for deals, providing senior oversight
- Responsibilities may include leadership for select markets/strategies as well as shared responsibility with the rest of the team for pan-European deal origination and execution
- Embrace people management responsibilities, coaching and developing other team members
Salary benchmarks
Otta's take
Sam Franklin
CEO of Otta
According to Octopus, the energy industry in the UK is ruled by a handful of complacent companies peddling fossil fuels, pricing trickery, and poor customer service. Aiming to disrupt the status quo with sustainable energy, Octopus entered the market in 2016 and they now supply energy to millions of homes in a number of countries. Octopus has made a name for itself in energy circles largely because of its “Kraken” technology platform, which it claims is able to reroute energy from renewable sources around a network far more efficiently than competitors.
Octopus Energy further differentiates itself through its aspiration to make everything as easy as possible for consumers, from the simplicity of their bills and the fact that customers are not locked into a contract so they can leave at any time to offering customer service over email and social media at times that suit customers. They aim to make the eco‐friendly choice the easy choice, so all of their tariffs use 100% green electricity, while not being more expensive than their competitors' non-green tariffs.
They are continually creating innovative new products. For example, Octopus Tracker where prices changes daily to guarantee you get the market rate; Agile where the price changes every half hour to enable you to benefit from cheap electricity when the sun shines, the wind blows, and the networks are under-utilised. One of the current challenges they face is that their products are more complex than their competitors, given they use 1000x more data than traditional energy companies. They're exploring ways to explain to customers exactly how their products work.
Insights
Some candidates hear
back within 2 weeks
46% female employees
44% employee growth in 12 months
Company
Employee endorsements
Challenging work
"The work that I am doing is often quite difficult. I am constantly challenged and problem solving, which I find rewarding as it means I am always..."
Funding (last 2 of 6 rounds)
Dec 2023
$800m
GROWTH EQUITY VC
Jul 2022
$225m
GROWTH EQUITY VC
Total funding: $2.5bn
Company benefits
- Your development is important - we support and help with development including internal and external courses, learning, study support etc, all bespoke to you
- Flexi working environment
- Equity Options Scheme - you own your own part of the business, share options in the whole Octopus Energy Group so we all work together towards success
- Unlimited paid time off policy
- Work from home opportunities
- Equity Option Scheme - Everyone owns part of what we’re building with shares
- Tech - We want to get the best out of our people and get that everyone is slightly different. Have a certain tech requirement? We’ll do our best to get it
- Money Coach - You may want to think about financial planning. The company has an arrangement with Octopus Money Coach. They offer the opportunity to talk with a professional coach
- Wellbeing - Need some calm in your life? We have 'Octopus Headspace Licences' available. Twice a week we have 45 Minute live yoga class open to all Octopus staff!
- Parents - get access to tax free childcare and maternity and paternity pay. We’re always looking for new ways to support parents, during lockdown we created OctoKids TV to help keep your kids occupied and entertained (https://octopus.energy/blog/octopuskids/)
- Office culture - Our offices are stocked with fruit, breakfast, great coffee, and soft drinks (and ice lollies if you're lucky)! Weekly on a Friday we all get together (this happens virtually too) for company updates and drinks - we call it Family Dinner. We won best company to work for in 2019 and our CEO, Greg has recorded a podcast about our culture and how we empower our people. Check out what our people say at Glassdoor!
- Car Salary Sacrifice - Browse the wide selection of electric vehicles and get a sample quote under our workplace salary sacrifice scheme. If approved, the monthly leasing costs are taken directly from your gross salary each month meaning you're saving on paying some tax
Company values
- Autonomy
- Empathy
- Innovation
- Impact
Company HQ
Fitzrovia, London, UK
Articles
Founders
Greg Jackson
(CEO)Previously Adviser at Ashcombe Advisers for 9 years and Non-Executive Director at Zopa for 7 years.
James Eddison
(CTO)Previously CEO at Claripoint for 7 years and CTO at Tangent Labs also for 7 years.
Stuart Jackson
(CFO)Previously Director of "Foundation" Business Unit at Barclaycard for 2 years and Chief of Staff, Secured Lending SBU at Barclays also for 2 years.
People progressing
Joined as Marketing Assistant, being promoted to Marketing Executive after 6 months and again to Junior Product and Marketing Manager after 7 months. After 8 months they became a full Product and Marketing Manager.
Joined as Senior Talent Partner, being promoted to Talent Manager after 1 year and again to Head of Talent Acquisition after 8 months.
Diversity & Inclusion at Octopus Energy Group
- Unconscious Bias workshops for interviewers and hiring managers
- Octopus Energy Equality Foundation
- Partnership with the Saracens High School - inspiring future generations - https://www.saracens.com/powering-futures-together-saracens-high-school-octopus-energy/
- Octopus Energy Internships - https://octopus.energy/blog/ada-lovelace-tech-internship/
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