Senior Manager - Energy Risk and Sourcing
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)
- Department
- Infrastructure
- Locations
- London
- Remote status
- Hybrid