Senior Manager - Energy Risk and Sourcing

Senior Manager - Energy Risk and Sourcing

Full-Time 80000 - 100000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Lead the global energy strategy and negotiate Power Purchase Agreements.
  • Company: Sovereign AI, a pioneering UK-based AI infrastructure provider.
  • Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
  • Other info: Join a dynamic team focused on innovation in regulated sectors.
  • Why this job: Make a significant impact on energy management in cutting-edge AI data centres.
  • Qualifications: Experience in negotiating energy contracts and strong analytical skills required.

The predicted salary is between 80000 - 100000 £ per year.

About Sovereign AI

Sovereign AI is a UK-based AI infrastructure and software solutions provider building the next generation of sovereign‑grade AI data centres across EMEA. Designed for resilience, security, and scale, we enable commercial and government customers to deploy advanced AI with confidence in environments where performance, reliability, and compliance are non‑negotiable. Focused on regulated and mission‑critical sectors including Government, Defence, Healthcare, and Financial Services, we are creating the trusted foundations for AI adoption at scale, combining robust infrastructure with disciplined governance to support long‑term innovation and national‑level capability.

This Role

You’ll own the commercial execution of Sovereign AI’s global energy strategy. You will run point on negotiating Power Purchase Agreements (PPAs), tariff structures, and onsite generation contracts, while working with customers to define and execute our portfolio‑wide hedging strategy. This is a role with direct influence over how we secure, structure, and hedge energy across our data centre portfolio – engaging directly with utilities, retail suppliers, trading desks, and senior leadership.

Key Responsibilities

  • Lead utility tariff negotiations, serving as the primary commercial interface with utilities and retail suppliers to secure favourable rates
  • Analyse and optimise the total delivered cost of power across both commodity (wholesale energy, baseload, shapes) and non‑commodity (transmission, distribution, regulatory levies) components
  • Structure, evaluate, and negotiate contracts for utility‑scale and onsite renewable PPAs, virtual PPAs, and onsite/firming generation (gas, BESS)
  • Define and execute a global, portfolio‑wide hedging strategy to manage energy price risk
  • Manage relationships with external trading managers and brokers to execute market trades
  • Partner with Infrastructure, IT, and Commercial teams to build an understanding of site energy requirements
  • Engage leadership on risk, governance, and energy strategy

Experience

  • Proven track record negotiating and structuring PPAs, virtual PPAs, and onsite/firming generation contracts (gas, BESS)
  • Demonstrated experience managing complex electricity procurement, including retail supply contracts, grid connection agreements, and utility tariff negotiations
  • Track record managing an industrial energy portfolio’s exposure to price volatility, including hedging strategy execution
  • Desirable: experience managing utility relationships and retail/wholesale supply contracts for data centre operators, hyperscale tenants, or energy‑intensive industrial consumers
  • Desirable: experience participating in utility rate cases or working with public utility commissions to influence industrial tariff structures

Skills

  • Deep understanding of international power markets, covering wholesale commodity trading and the drivers behind regulated non‑commodity/network cost structures
  • Strong analytical ability to optimise total delivered cost of power across commodity and non‑commodity components
  • Strong commercial negotiation skills across utilities, retail suppliers, and external trading desks
  • Comfortable engaging senior leadership on risk, governance, and energy strategy
  • Collaborative approach, partnering across Infrastructure, IT, and Commercial teams

Qualifications

  • Bachelor’s degree in Engineering, Economics, Finance, Mathematics, or a related highly quantitative field
  • Master’s degree in Energy Systems, Economics, or an equivalent technical discipline (preferred)

Senior Manager - Energy Risk and Sourcing employer: Sovereign AI

Sovereign AI is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets infrastructure. With a strong focus on employee growth and development, team members are encouraged to engage in meaningful projects that shape the future of AI technology across critical sectors. The company fosters a collaborative culture, providing unique opportunities to work with senior stakeholders and partners, ensuring that every employee plays a vital role in driving national-level capabilities.

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Contact Details:

Sovereign AI Recruitment Team

We think you need these skills to ace Senior Manager - Energy Risk and Sourcing

Negotiation Skills
Power Purchase Agreements (PPAs)
Tariff Structures
Energy Price Risk Management
Electricity Procurement
Analytical Skills
Commercial Negotiation Skills