BW ESS is a global energy storage owner-operator, moving with speed to develop and build market-leading energy storage projects across multiple countries. Typically working with local development partners, the business is active in the UK, Australia, Italy, Germany, Spain, and Sweden. It has more than 540MWh of operating BESS projects, with ~5GWh under construction and a development pipeline of ~9.3GW. BW ESS has a strategy to hold assets for the long-term, taking a hands-on approach to unlock value throughout the energy storage asset lifecycle. Part of BW Group, BW ESS can leverage a global industry network, as well as decades of experience in energy infrastructure investment, delivery, and operation – and the scale and connections needed to move the needle in global energy storage.
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How We Work
BW ESS culture and way of working is based on few clear foundations:
· talent density over team size,
· flexible people over fixed structures,
· context over control,
· results over processes,
· transparent and clear feedback.
We move fast because our culture makes it possible — freedom empowers people to act quickly and decisively, while responsibility ensures those actions remain accountable and aligned with shared goals. Together, they create a culture where speed is balanced by discipline, and efficiency thrives on trust.
Role Overview
The Investment Director will play a pivotal role in shaping BW ESS’s growth in Iberia. This senior position will lead all those workstreams to ensure that projects reach FID, will manage Project Delivery in conjunction with our Operations and Revenue teams and manage high-level relationships with key stakeholders. Working closely with the Senior Leadership Team the Investment Director will ensure disciplined capital allocation, value creation, and alignment with BW ESS’s long-term strategy.
Key Responsibilities
Development & Financing
* Lead the transition of projects from RTB to FID, ensuring robust development package, bankable contracts and commercial strategies are in place.
* Co-Lead financing processes, managing negotiations with domestic and international lenders, investors, and advisors in conjunction with our Finance Team and Executive Directors.
Commercial & Contracts
* Lead negotiation and management of key commercial agreements, including PPAs, EPC contracts, and O&M service agreements in conjunction with our Engineering, Operations and Revenue Team.
* Provide strategic input into contract structuring to ensure bankability, proper risk management, and long-term value creation.
* Work closely with development and legal teams to align commercial arrangements with investment objectives and financing processes.
* Managing relationships with local partners, including JVs and minority shareholders.
External Stakeholder Management
* On those projects lead by this role, act as the primary relationship manager with partners, institutions, financial institutions and major stakeholders to secure project success.
Leadership & Team Development
* Foster a culture of excellence, accountability, and commercial focus within the team.
* Collaborate with internal development, engineering, and commercial teams to align financial strategy with project delivery and execution.
Market & Strategic Insight
* Monitor energy market trends, policy shifts, and regulatory developments.
* Provide strategic market insight to inform BW ESS’s pipeline strategy and portfolio optimisation.
* Integrate ESG considerations and risk management into all investment decision-making processes.
Candidate Profile
The ideal candidate will be a senior commercial professional with extensive experience in utility-scale renewable energy, particularly battery energy storage and/or solar projects. The candidate will have a proven track record in leading complex projects, bringing projects to FID, financing, and strategic investments, with a strong ability to deliver risk-adjusted returns and drive value creation.
They will be highly strategic, capable of engaging with senior executives, boards, investors, lenders, and external advisors, and able to lead / support with negotiations for major financing, PPA, EPC, and O&M contracts. A deep understanding of investment structuring, valuation methodologies, financial modelling, and portfolio analysis is essential, as is the ability to translate market and regulatory insights into commercial strategies.
The candidate will also demonstrate strong leadership and people management skills, with experience building, mentoring, and managing high-performing investment or finance teams. Excellent communication and stakeholder management abilities are required, with the capacity to influence and collaborate across internal and external parties.
Desired attributes include:
* Significant experience in the Iberian Market and understanding of regulatory, market, and ESG considerations that affect investment outcomes.
* Real experience in the BESS Market within development, financing and/or construction.
Other:
* This role will be based in Madrid BW ESS Office, but candidates based in locations where BW ESS office are located can be considered.
* Candidate must be fluent in Spanish and English. Other language will be desirable.
* Usual travelling within Spain and to Zurich is expected.