Overview
As Originator in Italy, you drive the development and execution of long-term commercial energy transactions, including PPAs and structured hedges. You’ll partner with cross-functional teams to craft competitive, value-rich solutions aligned with risk appetite. You will explore decarbonization opportunities and broaden Alpiq’s Italian portfolio, shaping sustainable energy markets. This role blends market insight, commercial creativity, and rigorous analysis to impact PnL and portfolio growth.
Retribuzione / Benefits Competitive salary package
Market-oriented salary
Training and development
Diverse opportunities for career growth
Flexible work models
Responsabilità Originate and structure physical and virtual PPAs, long-term hedges, and structured transactions with commercial competitiveness
Lead negotiations with clients, producers, and counterparties, coordinating with Legal for compliant contracts
Provide market insights, valuations, and business cases to support decision making
Identify opportunities linked to decarbonization and sustainability-focused products
Support development of products, procedures, and systems for improved execution
Collaborate with Structured Trading to ensure pricing, valuation, and hedging consistency
Coordinate with Risk, Credit, Treasury,



Finance for governance and approvals
Communicate deal pipeline, progress, and risks to Head of Origination Italy
Develop trusted relationships with producers, large consumers, and market counterparties
Enhance coordination across functions to improve deal execution quality
Support innovative sustainability initiatives and long-term profitability of the Italian portfolio
Requisiti fondamentali 5+ years of experience in origination, structured energy trading, or business development
Strong experience with physical and virtual PPA structures, including pricing and negotiation
Familiarity with EFET and long-term structured contract frameworks
Solid understanding of the Italian power market
Creativity and strategic thinking to identify origination opportunities and innovative solutions
Analytical skills to build valuations and business cases
Native-level Italian and excellent English
Experience with sustainability-related commercial solutions
Understanding of regulatory, market, and credit risk principles
Ability to collaborate across multiple internal functions
creativity
strategic thinking
cross-functional collaboration
PPA pricing and valuation
deal structuring
risk-aware commercial negotiation

📌 Originator (Milano)
🏢 Alpiq
📍 Milano