Senior Commercial Manager

Role Summary:

Due to the continuous growth of our business, Transmission Investment is looking to recruit a full time Senior Commercial Manager to join the team responsible for driving Transmission Investment’s origination efforts across multiple electricity infrastructure sectors including competitively procured brownfield offshore wind transmission assets (known as “OFTOs”, competitively procured onshore transmission projects under a new regime (known as “CATOs”), and securing revenue contracts for grid stability assets (such as synchronous compensators) which underpin the investment case of those assets.

The Senior Commercial Manager will be accountable for the legal and commercial workstream on both complex structured procurement processes (such as CATOs) and self-developed assets (such as grid stability assets) where appropriate transaction and project contractual structures will be put in place to drive efficient risk allocation and competitiveness. This strategic role involves working closely with internal stakeholders, external legal advisors, and consortium partners to ensure the successful development, negotiation, and close of complex infrastructure transactions.

This role may also support the broader origination function of Transmission Investment and support development, delivery and operations activities relating to our assets.

The role will be based in our head office in the City of London or in Glasgow, with only occasional travel within the UK necessary. Transmission Investment also has a flexible working policy.

The role will report to the Origination Director who is primarily responsible for origination and investment activities for the business.

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 and a grid stability synchronous compensator at Blackhillock, Scotland. It is also developing the 700MW interconnector (LirIC) between Northern Ireland and Scotland, a 1250MW interconnector to France and preparing to participate in the tender processes for onshore transmission projects as the company continues to build a significant portfolio of power assets. In 2025, Transmission Investment was acquired by TAQA, one of the largest listed integrated utility companies in Europe, the Middle East and Africa (ADX: TAQA), as part of its international growth strategy while contributing to the UK’s 2050 Net Zero programme and TAQA’s wider sustainability ambitions.

Our team now numbers 50+ professionals with deep experience in development, engineering, commercial strategy, project finance, asset management and regulation. We combine technical excellence with a pragmatic, delivery-focused mindset — all within a friendly, collaborative culture.

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 and development our people. We invest continuously in employee training and development and are rated ‘Silver’ by Investor in people.

Join our team and be part of a company that values your growth and wellbeing!

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Responsibilities:

Responsibilities will include, but are not limited to:

• Lead the legal and commercial workstream on a structured procurement process or revenue contract tender process from bid preparation through to financial close.
• Develop and manage commercial strategies and risk positions in alignment with internal governance requirements and bid objectives.
• Lead negotiations of key project and transaction agreements (e.g., transmission licence, revenue contracts, equity documents, project finance documents, subcontracts, transaction documents).
• Manage coordination with external legal advisors and ensure alignment of legal documentation with commercial objectives.
• Oversee the development of heads of terms, contract mark-ups, commercial risk registers, and term sheets.
• Lead commercial structuring of the project and/or transaction in collaboration with origination, investment, technical, delivery and operations teams.
• Coordinate with sponsors, equity investors, lenders, and other key stakeholders to align on legal and commercial positions.
• Ensure all commercial and legal risks are identified, assessed, and mitigated throughout the project origination and bid phases of a project.
• Provide senior-level briefings and presentations to internal leadership, investment committees, and external partners.
• Comply with formal internal governance and stage gate processes, including supporting origination management with the preparation of papers and presentation materials.
• Support broader origination function, and development, delivery and operations teams as required.
• Attend internal, partner and client meetings as required.
• Collaborate with internal and partner cross-functional teams of highly experienced individuals to gather the necessary information required to produce high-quality legal and commercial deliverables for all projects and other work as required.
• Lead legal and commercial workstream bid consultant engagement and management processes.

Must exemplify our Company Core Values:

• We are EXCELLENT at we do
• We are COMMITTED and ensure we deliver
• We are CHALLENGING of the status quo
• We are SUPPORTIVE of each other

Education, Work Experience & Qualifications:

• Qualified to Masters Degree level or equivalent preferred
• Minimum 10 years of professional experience in commercial roles in large scale infrastructure projects origination or bidding, ideally in privately financed structured procurement processes.
• Strong understanding of procurement frameworks, project finance structures, and infrastructure delivery models.
• Demonstrable experience in leading negotiations and managing complex contracts and commercial interfaces.
• Familiarity with financial close processes and lender due diligence.
• Background in law, commercial management, project finance, or related discipline.
• Although not essential, the following would be beneficial:
• Experience working for a project sponsor, infrastructure developer, or advisory firm in the context of infrastructure procurement.
• Knowledge of the electricity transmission or offshore wind sector.

Skills & Attributes:

• Well organised with excellent planning and organisational skills
• Self-starter
• Ability to work effectively within diverse cross-discipline teams to a successful outcome
• Ability to communicate clearly and concisely orally and in writing
• Ability to work effectively in a fast-paced, deadline-driven environment
• Strong Microsoft office skills