Iberia - Power Market Experts

About Baringa:
We set out to build the world’s most trusted consulting firm – creating lasting impact for clients and pioneering a positive, people-first way of working. We work with everyone from FTSE 100 names to bright new start-ups, in every sector.

You’ll find us collaborating shoulder-to-shoulder with our clients, from the big picture right down to the detail: helping them define their strategy, deliver complex change, spot the right commercial opportunities, manage risk, or bring their purpose and sustainability goals to life. Our clients love how we get to know what makes their organisations tick – slotting seamlessly into their teams and being proudly geeky about solving their challenges.

As a Certified B Corporation, we've proven that we've built social and environmental good into every bit of what we do.

We have hubs in Europe, the US, Asia and Australia, and we work all around the world - from a wind farm in Wyoming to a boardroom in Berlin. Find us wherever there's a challenge to be tackled and an impact to be made.

Our market leading Power and Low Carbon Solutions (PLCS) team is looking to hire Senior Consultants/ Managers/ Senior Managers to support the growth of our market and commercial advisory offering in Madrid.

You will be joining our dynamic and growing Power and Low Carbon Solutions practice. We work with a range of clients from across the energy value chain, covering utilities, oil & gas companies, network companies, commodities traders, industrials, and institutional investors; to help them successfully navigate the energy transition. Baringa is differentiated through its ability to leverage our fundamental understanding of market, technical, commercial, and regulatory drivers of value and risk to help clients develop projects, deploy capital, or launch new products and services that help decarbonize our economy.

The professionalism of our individuals, the partnership approach to engagement, and the comprehensive package have created a truly unique consultancy. We believe in genuine partnerships and create client relationships, driven by results. If you want to be part of this entrepreneurial environment and want to help make a difference to our business, your opportunity is now

What you will be doing

Our power market advisory team gives our clients an unparalleled combination of energy market expertise and commercial insight. We are proud to work with the foremost policymakers, regulators, investors, developers, lenders, and energy companies operating globally across the energy supply chain. Led by a Senior Management Team respected as Thought Leaders within the industry, we help our clients shape, define, and implement change in energy markets.

You will be working at the forefront of the energy sector alongside market specialists with deep industry knowledge where you will be able to deploy and then broaden your skillset and sector expertise:

• Providing economic, commercial, and strategic consulting services to energy companies, financial institutions, governments, and regulators.
• Providing qualitative market research, energy market insights and stakeholder management to support market entry strategies and other bespoke strategic advisory engagements.
• Performing detailed quantitative analysis on revenue perspectives across the different energy markets for renewable assets in the context of valuations for mergers and acquisitions.
• Optimizing power generation portfolios and asset dispatch, and developing hedging strategies for vertically integrated energy operations.
• Providing advisory and support to developers, investors and lenders seeking to understand the value generated through deployment of standalone / co-located flexible energy resources.
• Adjusted to your grade / experience, supporting business development prospects, from building our brand presence and engaging with key clients in Iberia, to identify / originate consulting opportunities and writing proposals.

Your skills and experience

We are looking for candidates experienced in the Iberian Peninsula (Spain, Portugal) to join our industry-leading Power Market Advisory Team. You will be well versed in the economic fundamentals of Iberian wholesale electricity markets. Detailed experience in the analysis of Flexible Energy Resources such as batteries, pumped storage hydro, and demand side response will be a plus.

The ideal candidates will have experience in some of the following:

• Demonstrated background (subject to candidate’s grade / experience) as market advisor in the Iberian power market, encompassing market fundamentals, design, policy, regulation, and commercial structures.
• Analytical skills applied to wholesale electricity market fundamentals and market modelling.
• Experience in assessing value across one or multiple asset types in the power generation sector, from renewables to gas to storage assets.
• Experience in commercial structures, assessing routes to market for power generation assets, and designing business models in energy markets.
• The ability to take ownership and deliver results in client-facing environments.
• Demonstrate project management, business acumen, analytical capabilities, and excellence in people management and career development.
• Excellent communication skills, being able to provide clear recommendations to provide advice on and appraising different forms of power generation in Spain and globally.
• Flexibility and ability to shuffle different priorities within a fast-paced environment.
• Essential: advanced (C1) language skills in Spanish and English; and additional languages a plus.

What a career at Baringa will give you

Putting People First.

• We have quarterly rather than annual promotion reviews. We don’t have any quotas: if you’re ready and delivering at the right level, you’ll be promoted.
• We’re proud to put people first with wellbeing at the forefront of our culture, e.g. every employee receives £300 a year to put towards their wellbeing In 2022 this was recognised in our #1 ranking in the UK’s Great Place To Work 'Best Workplaces for Wellbeing'.
• All employees participate in the Baringa Group Profit Share Scheme so everyone has a stake in the company’s success.
• Our world is important to us, so all our employees get 3 days every year to help the social and environmental causes and increase our impact on the communities that mean the most to us.
• We recognise everyone needs a well-deserved break - As such we have introduced the ‘Re-charge’ benefit meaning Baringa will offer all employees an additional 2 weeks of paid leave after 5 years of continuous service.

Diversity and Inclusion.
All applications will receive consideration for employment without regard to race, ethnicity, religion, gender, gender identity or expression, sexual orientation, nationality, disability, age, faith or social background. We do not filter applications by university background and encourage those who have taken alternative educational and career paths to apply. We would like to actively encourage applications from those who identify with less represented and minority groups. We operate an inclusive recruitment process, ensuring reasonable adjustments where needed. Please contact a member of our Recruitment Team if you feel you want to discuss this with us one-on-one ahead of applying.

An award-winning workplace.
We’re excited that our clients and peers recognise Baringa’s distinctiveness, and the impact of our work.

In 2023, Baringa has again been recognised as one of the leading UK management consultants by the FT’s survey of clients and peers. We were recognized in Chemicals & Pharmaceuticals; Data Analytics & Big Data; Energy, Utilities & Environment; Financial Institutions & Services; Finance, Risk & Compliance; IT-Strategy; IT, Technology & Telecommunications; Oil & Gas; Operations & Supply Chain; People & Performance; Public & Social Sector; Strategy; and Sustainability.

Using business as a force for good.
B Corp certification shows that we’ve met and hold ourselves accountable to high standards of social and environmental performance and transparency. We’ve written it into our articles of association, so the way we run our business will continue to make life better for our clients, our people, our communities, and our planet.

We are committed to being a sustainable business which drives us to continually rethink and reengineer how we make a positive impact on the world. From working with our clients to build wind farms, setting up smart hospital wards, and designing a vaccine supply chain, to aligning our business to net zero by 2030 and working in communities where we believe we can make a difference – we want our actions to tell the story of our lasting impact.

Join us
Baringa’s award-winning, people-first philosophy has always made us distinctive. We are applying the same principles to build the ‘best place to work in strategy and transactions’.

We’re a kind and curious team who are building a culture where people can achieve their best, celebrate our differences, and create impact that lasts.