Summary:
The LirIC Project Director is responsible for the successful management and delivery of the LirIC Interconnector project between Northern Ireland and Scotland. Responsibilities will cover all areas necessary to take the project to a Final Investment Decision (FID) / financial close: land and consents; engineering and procurement; commercial and regulatory structuring; financial structuring and raising finance; project budget and plan management; liaison with project partners (if introduced) and shareholders and other stakeholders. It includes responsibility for establishing and managing a suitably qualified and experienced project team, including in house resources and advisers.
About Transmission Investment:
Founded in 2011, Transmission Investment manages one of the largest offshore electricity transmission portfolios globally, connecting over 4,000MW of offshore wind from eleven GB wind farms. Our team of over 40 experts specialises in project development, engineering, regulation, construction, asset management, finance, and mergers & acquisitions.
In addition to the development of the 700MW interconnector (LirIC) between Northern Ireland and Scotland, we are currently managing a synchronous compensator at Blackhillock, Scotland. We also aim to participate in competitive onshore transmission auctions (CATO).
Why Join Us:
At Transmission Investment, we pride ourselves on our positive and friendly culture, fostering a can-do attitude and dedication throughout the team. Employee wellbeing is at the heart of our business, and we offer numerous benefits to support personal and professional growth. We invest continuously in employee training and development.
Recognised as a Great Place to Work® in the UK in 2021, we also won two awards in 2022 for wellbeing and as a top small workplace.
Join our team and be part of a company that values your growth and wellbeing!
Responsibilities:
Responsibilities will include, but are not limited to, all areas necessary to take the LirIC project to financial close: land and consents; engineering and procurement; commercial and regulatory structuring; financial structuring and raising finance; project budget and plan management; liaison with project partners (if introduced) and shareholders and other stakeholders. It includes responsibility for establishing and managing a suitably qualified and experienced project team, including in-house resources and advisers.
Project Team Leadership
- Lead, coach and develop project team members to achieve project goals and objectives
- Foster a positive and collaborative culture within your project team based on our Company Values
- Provide regular feedback to team members and others
- Feed into the setting of clear performance objectives and goals for Direct Reports
- Identify training needs and opportunities for professional development within the project team
- Implement learning plans and training programs designed to enhance the skills and experience within the project team, partnering with the People Team where necessary
- Participate in the recruitment process by interviewing candidates and making hiring decisions when required
- Manage the workload distribution within the project team and ensure resources are allocated efficiently
- Foster a positive work culture
Liaison with project partners, shareholders and other stakeholders
- Be an effective champion and spokesperson for the project
- Report to the Project governance bodies (Board of TI LirIC Limited) or other as delegated such as the project Steering Committee
- Provide visibility on and recommend funding requirements for the project on a regular basis
- Liaison with UK, European and governmental organisations as required
Project management
- Provide leadership, direct and manage the project team to deliver project requirements in an accurate, efficient and resourceful manner
- Manage project development spend within budget
- Manage project development progress to plan
- Manage project risk and scope
- Recommend any necessary changes to budget or plan
- Periodically report of progress against budget and plan
Land and consents (GB & NI)
- Substantiate due diligence in selected preferred converter station and landfall sites
- Obtain necessary land rights for converter stations
- Recommend onshore and offshore cable routes
- Acquire TSO certification in Northern Ireland (NI) to enable access to compulsory purchase powers and implement process to make use of these as required.
- Obtain necessary landowner cable easements, Crown Estate Leases, and crossing agreements with affected parties
- Carry out onshore and offshore environmental impact assessments to support consents applications
- Apply for and obtain all necessary consents
- Manage all stakeholder relations and public consultations in respect of the above
Engineering and procurement
- Ensure adequate engineering and procurement input into the acquisition of land rights and the consenting process
- Carry out onshore and offshore engineering surveys in support of procurement
- Implement the recommended procurement strategy
- Determine functional specifications for procurement
- Manage the procurement process
- Negotiate all development supply chain contracts, construction contracts and any O&M contract(s) required at financial close
Commercial and regulatory structuring
- Obtain suitable regulatory treatments from Ofgem and URegNI
- Manage the interface on all regulatory issues with affected stakeholders
- Secure and manage the requisite grid connections to the GB and NI onshore grids
- Negotiate the necessary agreements for dealing with the interconnector interface with balancing and capacity markets in GB and iSEM and for sales of interconnector capacity
- Ensure arrangements applicable to the project under the Network Codes are acceptable
Financial structuring and raising finance
- Structure the project commercially and financially so that is suitable for non-recourse project financing
- Raise competitively priced debt and equity
- Manage the input of tax and accounting advisers as required
- Devise and implement a suitable insurance strategy for the project for construction and operations
- Negotiate all financing documentation
- Obtain financial close
The role has no currently intended direct reports with the project team allocated from across the business and further resourced externally as required.
Regular travel required across the UK
Must exemplify our Company Core Values:
- We are EXCELLENT at what we do
- We are COMMITTED and ensure we deliver
- We are CHALLENGING of the status quo
- We are SUPPORTIVE of each other
Language:
English (required)
Education, Work Experience & Qualifications:
- 'Right to Work' in the UK (essential)
- Relevant degree or similar qualification
- 10 years experience of UK infrastructure projects (essential)
- Experience managing and leading project teams (essential)
- Experience managing advisors and consultants (essential)
- Experience of transmission and/or offshore power projects (desired)
- Familiarity with onshore and offshore energy cabling (desired)
Skills & Attributes:
- Ability to lead multi-disciplinary teams to deliver positive outcomes for projects
- An astute problem solver
- Ability to communicate clearly and concisely orally and in writing
- Ability to work independently with limited supervision
- Ability to work well with project partners and stakeholders
- Able to negotiate to achieve desired outcomes
- Ability to show initiative and find solutions to problems and liaise with the team in overcoming obstacles and achieving project milestones
- Strong commercial acumen
