GE Vernova

Development Engineering & Technical Director - APAC

GE Vernova  •  Mumbai, IN (Onsite)  •  18 days ago
Apply
AI can make mistakes so check important info. Chat history is never stored.

Job Description

As an experienced techno-commercial and development professional and member of an in-house team of expert techno-commercial experts, this role is responsible for highlighting, for the GE Vernova Financial Services (FS) business, the development, technical, operational, cost and schedule risks associated with equity investment in development, construction and operating power & renewable assets and projects – all for supporting investment decisions;

This individual will be responsible for identifying early to mid stage development techno-commercial risk and proposing mitigants in support of underwriting, leading due diligence and support formation and implementation of strategies within new investment platforms and portfolio reporting and management.

Roles and Responsibilities

  • Specialize in assessing early to mid stage development, technical, operational, construction and development risks in the energy industry.
  • Support deal execution teams through front end and customer facing involvement in development deals exhibiting deep domain knowledge and expertise in projects from inception to a “ready to build” / financial close stage.
  • Support the efforts of EFS underwriting and portfolio groups in identification and mitigation of risks and in execution of investment objectives. Perform techno-commercial due diligence for both underwriting and portfolio holdings.
  • Review and instructively comment on technical and construction specifications as outlined in key project documents such as interconnection, power off-take, permits, land agreements, and equipment, construction, operations and maintenance contracts, in some cases even leading / supporting the negotiations of these documents.
  • Ensure that technical and business-related issues are communicated within EFS and provide techno-commercial risk assessments for credit requests
  • Interact with EFS customers and partners and internal GE Power and GE Renewables teams in the completion of due diligence and negotiation of financing terms related to technical issues.
  • Possess understanding of the risk appetite, and portfolio management philosophy of EFS.
  • Lead due diligence processes into new investment platforms.
  • Develop and structure development budgets, schedules and reporting frameworks for new investment platforms.
  • Be familiar with the GE industrial product offerings and maintain contacts within GE Power and GE Renewables.
  • For assigned investment platforms, manage development progress, reporting and alignment with project budgets and schedules.
  • Actively monitor portfolio (e.g. regulatory requirements, development progress, construction, physical plant optimization, and contractual performance). Possess in-depth understanding of how specific sub-function interacts with the broader business, as well as a good understanding of the industry and commercial awareness.
  • For assigned projects, develop and supervise construction management teams and ensure construction safety, environmental compliance, cost and schedule performance. Provide internal reporting on construction status.
  • Support EFS efforts to sell equity positions through assembly of technical project information and responding to buyer’s technical questions.
  • Develop and Support investment strategies into other carbon neutral GE Technologies within new markets. Specifically development into blue power and the Small Modular Reactor (SMR) space.
  • Must be able to travel within India and APAC for about 40% of the time.

Required Qualifications

  • Bachelor’s Degree Civil or Mechanical or Electrical Engineering and Construction Management.
  • Masters post-graduation either in engineering or management strongly preferred.

Desired Characteristics

  • Strong oral and written communication skills. Strong interpersonal and leadership skills. Demonstrated ability to identify, analyze and resolve technical development issues. Demonstrated ability to lead programs / projects.
  • Ability to document, plan, market, and execute programs.

Additional Information

Relocation Assistance Provided: No

GE Vernova

About GE Vernova

GE Vernova is a purpose-built energy technology company on a mission to electrify to thrive and decarbonize the world.

It is made up of three businesses -- Power, Wind, and Electrification -- with focus on accelerating the path to more reliable, affordable, and sustainable energy, while helping our customers power economies and deliver the electricity that is vital to health, safety, security, and improved quality of life.

The world needs more energy, smarter energy. With energy demand expected to grow by more than 50% in the next 20 years, we are continuously innovating to meet the moment…like we have for the past 130 years. The Energy of Change and relentless optimism are what drive us – it’s about never giving up and seeing what’s possible so that we deliver the energy technologies the world needs right now and for generations to come.

GE Vernova’s attitude and edge is embedded in its name. We retain our treasured legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy that GE Vernova will help deliver.

Together, we have the energy to change the world.

Industry
Energy & Utilities
Company Size
10,000+ employees
Headquarters
Boston, Massachusetts
Year Founded
Unknown
Social Media