Cory is a leading recycling, waste and power company. Originating in the coal trade in the 1700s, the company currently takes much of London’s residual waste by barge to an Energy-from-Waste (EfW) plant it owns and operates on the banks of the lower Thames.
The company is building a second EfW at the same site, which will create the largest single EfW campus in the UK, and one of the largest in the world. Cory is also developing a carbon capture facility adjacent to these facilities as a Nationally Significant Infrastructure Project, which could act as a strategic export hub for other emitters in London.
Together, these facilities generate terawatt hours of heat – roughly equivalent to the entire heat consumption of the City of London plus half of the City of Westminster. Cory is working on several ambitious projects aimed at capturing and exporting this heat, to displace the use of gas and decarbonise heat across London. The projects are highly innovative. They would make a major impact not just in using Cory’s heat, but also in enabling wider waste heat use across London, and in proving new heat network approaches for the UK and beyond.
We are currently recruiting for a Development Manager. This is an outstanding opportunity to take a leadership role in some of the UK’s most exciting decarbonisation projects. It will suit someone who can combine creative first-principles thinking, with a highly organised and practical approach to delivering projects. The ideal candidate will have both strong interpersonal skills, and an ability to appreciate and optimise the technical aspects of heat projects.
Key Elements of the Role
Working closely with the Managing Director - Heat, this role will be pivotal in delivering the Group’s heat objectives by:
Project management and practical leadership on the numerous Cory heat projects:
Lead the planning, design, and implementation of heat network projects, ensuring alignment with company goals and regulatory requirements.
Help establish project timelines, budgets, and manage resource allocations to ensure successful project delivery.
Coordinate with stakeholders, including local authorities, contractors, utility companies, and community groups to ensure comprehensive project execution
Develop detailed project plans and track progress, making adjustments as necessary to meet project milestones.
Prepare and present project reports and updates to senior management and other key stakeholders.
Co-ordinating contractors, clients and other stakeholders across on all aspects of developing Cory’s heat projects
Working with technical advisors to:
Develop technical specifications and design solutions for heat networks.
Evaluate and select appropriate technologies and equipment.
Oversee the commissioning and testing of heat network systems.
Ensure compliance with industry standards and regulations.
Seeking and delivering commercial returns to the group:
Develop and implement commercial strategies to drive profitability and growth of heat network projects.
Negotiate contracts, agreements, and partnerships with suppliers, contractors, and other stakeholders to ensure favourable terms and conditions.
Manage project budgets and financial performance, identifying cost-saving opportunities and mitigating financial risks.
Prepare and present commercial proposals, reports, and business plans to senior management and investors.
Monitor market trends and competitor activities to identify new business opportunities and areas for improvement.
Identify and pursue new opportunities for heat network development, including market research and stakeholder engagement.
Develop business cases, feasibility studies, and financial models to support project proposals and funding applications.
Build and maintain relationships with key stakeholders, including government agencies, private sector partners, and community organisations.
Secure funding and investment for heat network projects through grants, loans, and other financing mechanisms.
Represent the company at industry events, conferences, and forums to promote heat network projects and initiatives.
Providing high quality data and reporting to the ELT and shareholders.