Head of Downstream Origination Iberia

Who We Are Statkraft Markets (Origination): Statkraft has been making clean energy possible for over a century. Today, we are Europe’s largest renewable energy producer and a global company in energy market operations. The business area Markets is responsible for commercially optimising and developing Statkraft’s flexible generation portfolio as well as providing market access, supporting investment decisions and securing long-term value through global hedging strategies. As part of the Markets business area, the Origination division creates value for our customers and the societies we operate in. We also continually innovate, putting renewable energy to work in new ways, even as the market structure and regulatory environment evolves. Origination is a market-facing division bringing renewable energies to the market and to consumers by offering tailored energy solutions to help maximise value for customers. Iberian Origination: Within the Southern European Origination division, the Iberian Origination business concludes non-standard, structured and often complex wholesale transactions in Spain and Portugal. We have been a first mover on long-term PPAs in Spain, and across our countries of responsibility we have by now contracted more than 100 long- and short-term wind and solar PPAs. The business is planning to significantly grow its business in regional and product scope over the next years. The responsibilities within Southern European Origination are split between Origination Iberia (Madrid), Origination France (Paris), Origination Italy (Milan), and Portfolio Management (Düsseldorf). The Origination teams focus on originating, structuring, and negotiating value-adding transactions and have P&L responsibility, while Portfolio Management is the custodian of the portfolios – responsible for valuing and wholistically managing all portfolio exposures in the market, as well as providing the model, data, tools and process landscape fundamental to our activities. The Southern European Origination business model is unique in that complete commercial responsibility for managing risk resides within the business. Local origination and portfolio management closely collaborate on a joint “one team – one PnL” philosophy per region – that is, we all have “skin in the game”. Role Description The Head of Downstream Origination is a senior role within Iberian Origination, reporting to the Head of Origination Iberia. The role is responsible for leading the downstream origination team, driving commercial performance and value creation, and contributing to the strategic development of Renewable PPAs, BESS-enabled and hybrid solutions, and other downstream products in the Iberian market. The position combines people leadership, PnL-driving responsibility and a strong strategic and commercial focus, acting as a key interface between Origination, Portfolio Management and other internal stakeholders. Key Responsibilities Lead, mentor and develop a team of Originators, fostering a high-performance, collaborative and value-driven culture aligned with Iberian origination strategy. Drive downstream origination activity with a clear focus on value creation and contribution to PnL, working closely with Portfolio Management on deal structuring, pricing and optimisation. Originate, sponsor and negotiate transactions including Renewable PPAs, BESS-related and hybrid solutions, and other bespoke downstream products. Leverage and continuously expand a strong personal network of corporates, industrial customers and retailers to originate new business opportunities and grow the customer base. Continuously analyse the Iberian power market, regulatory environment and competitive landscape, translating insights into concrete origination strategies and business cases. Proactively contribute to Iberian and Group-level strategic discussions, including product development, pricing approaches and go‑to‑market strategy. Oversee transactions from initial idea through approval, contracting and implementation, ensuring high-quality execution across ETRM, CRM, scheduling, pricing and reporting systems. Ensure activities are conducted in line with internal policies and risk frameworks, actively identifying and mitigating commercial, operational and regulatory risks. Qualifications & Experience Minimum 5 years’ experience in a senior front-office origination, trading or structuring role, with exposure to PnL responsibility. Strong experience with Renewable PPAs, structured power contracts and industry standards (e.g. EFET, ISDA). Solid understanding of battery energy storage systems (BESS) as part of integrated and hybrid commercial solutions. Very good understanding of the Iberian power markets, including wholesale and relevant ancillary services. University degree in a relevant field. Strong analytical and quantitative skills; advanced Excel proficiency. Professional fluency in English. Native Spanish is required. If you feel spoken to, please reach out. We’d love to hear from you. What we offer: A career with Statkraft is a career filled with purpose – meaning that every employee is not just making a living, they are making a real difference to the planet, our communities and the future. Together, we work on the front lines of changing the game for renewable energy. From hydrogen development to algorithmic trading and everything in between, we have 130 years of unrivalled expertise in creating the technologies that put ecosystems, communities and our environment first. With us, you’ll shape a career that is truly forward-facing with many amazing opportunities and offerings to match. This includes: Extensive professional and personal learning and development opportunities The chance to grow your career alongside a truly global network of experts, leaders, specialists and graduates from different countries and backgrounds A diverse workplace with regard to gender, age and cultural background Statkraft offers competitive terms of employment and benefits schemes, and we’re a trusted employer that puts the safety of our people first. We believe that a safe and healthy working environment is a matter of choice, not chance. Statkraft manages critical infrastructure and services in several countries. The applicant must be eligible for security clearance and authorisation