Origination Manager – Southeast Europe

Posted 7 Days Ago
Be an Early Applicant
2 Locations
In-Office or Remote
Entry level
Information Technology • Consulting
The Role
Originate and negotiate long-term revenue agreements for battery energy storage and hybrid renewable assets across Southeast Europe. Build relationships with offtakers, asset owners, developers, and IPPs; structure and price tolling, vPPA, floor, and route-to-market deals; manage transactions through contractual close; develop new market structures; contribute to regional market strategy; and represent Capalo AI at industry events.
Summary Generated by Built In
About Capalo AI

At Capalo AI, we are accelerating the green energy transition by maximizing the value of large-scale energy storage systems through artificial intelligence and optimization. Our platform, Capalo Zeus VPP™, operates battery energy storage systems as a virtual power plant, helping asset owners generate higher revenues while supporting a more resilient and sustainable energy grid.

The Role

As our first Origination Manager in Southeast Europe, you will turn short-term optimization and trading of BESS and hybrid assets in the region into long-term contracted, bankable revenue: tolling, floors, vPPAs and route-to-market agreements in cooperation with third parties.

You will structure and price these deals alongside our offtake partners, then own the relationships on all sides of the deal.

Key Responsibilities
  • Originate offtaker pipeline across Southeast Europe and own the fixed-revenue counterparty relationships.

  • Build coverage of the region's asset owners, developers and IPPs alongside the team.

  • Structure tripartite deals between the asset owner, the offtaker and Capalo AI, articulating Capalo's value to each side of the table, and own the deal from first conversations through term sheet and negotiation to the contractual close.

  • Develop structures the market does not offer yet.

  • Contribute to Capalo AI's long-term market view for Southeast Europe.

  • Represent Capalo AI at industry events across the region and grow its reputation in the local markets.

What We're Looking ForMust-haves
  • Experience originating and negotiating route-to-market agreements for renewable power or storage assets, plus structuring at least one of: PPAs, financially settled structures (vPPA, CfD, swap), floors or tolling.

  • A commercial, sales-driven mindset paired with the analytical rigor to price, evaluate and compare deal structures.

  • Fluent English.

  • Willingness to travel within Southeastern Europe and occasionally to the Helsinki office.

Nice-to-haves
  • Understanding of how a battery earns across day-ahead, intraday, balancing and ancillary markets.

  • Direct experience with project finance for renewable or storage assets.

  • An existing counterparty network among Iberian asset owners, developers, IPPs or offtakers.

  • Comfortable in a fast-moving startup and with modern software, cloud and AI tools.

  • Fluent Bulgarian or Romanian.

Why Capalo?
  • Work on technology that is accelerating the transition to renewable energy.

  • Join a fast-growing company at the intersection of AI and energy markets.

  • Work with a highly collaborative and mission-driven team.

  • Take real ownership: as our first Origination Manager based in Southeast Europe, you own the region's offtaker network, its deal structures and its pipeline

  • Grow your career fast as the company scales across Europe.

What to Expect

Location: Bulgaria or Romania
Working mode: Remote. Ability to travel within Southeast Europe is required.
Recruitment process: First interview → Take-home assignment → Technical interview → Bar raiser

How to Apply

If this role sounds interesting and Capalo AI’s mission resonates with you, we would love to hear from you. Send us your CV through our recruitment portal, and we’ll be in touch.

We review applications on a rolling basis and warmly welcome applicants from all backgrounds.

Skills Required

  • Experience originating and negotiating route-to-market agreements for renewable power or storage assets
  • Experience structuring PPAs, vPPAs, Contracts for Difference, swaps, floors, or tolling agreements
  • Commercial, sales-driven mindset with analytical ability to price, evaluate, and compare deal structures
  • Fluent English
  • Willingness and ability to travel within Southeast Europe and occasionally to the Helsinki office
  • Understanding of battery revenue opportunities across day-ahead, intraday, balancing, and ancillary markets
  • Direct project finance experience for renewable or storage assets
  • Existing counterparty network among Iberian asset owners, developers, IPPs, or offtakers
  • Comfort working in a fast-moving startup and with modern software, cloud, and AI tools
  • Fluent Bulgarian or Romanian
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The Company
HQ: Helsinki
50 Employees
Year Founded: 2022

What We Do

One turn-key service to trade, optimize, and operate your battery. We operate from prequalification to BESS lifetime value maximization. With Capalo Zeus VPP™, you will get route-to-market (prequalifications), AI-optimized automated trading across all markets, Balance Responsible Party (BRP) for the battery assets, access to ancillary and wholesale markets, and more. All part of the same package.

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