Fleet Extension Manager at ENGIE in Riyadh, Riyadh, Saudi Arabia

Title: Fleet Extension Manager – Power & Water Assets

About ENGIE

ENGIE group is a global reference in low-carbon energy and services. Together with our 96,000 employees, our customers, partners and stakeholders, we are committed to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally friendly solutions. Inspired by our purpose (“raison d’être”), we reconcile economic performance with a positive impact on people and the planet, building on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers.

Description about Generation International:

Generation International is dedicated to being the foremost provider of low-carbon thermal power and desalinated water. Our approach involves developing new thermal back-up power plants and enhancing the lifespan of our existing facilities. This ensures we deliver reliable, competitive, and increasingly decarbonized energy to our core regions.

We are also committed to expanding our desalination capabilities in areas facing water scarcity. By providing low-carbon water solutions, we support demographic, agricultural, and industrial growth, leveraging our expertise in managing complex projects.

Our projects are developed with the highest standards of ethics and safety, aligned with our sustainability and net zero emissions goals. These commitments drive our mission to create a safer, cleaner, and greener future for generations to come, in partnership with our customers and stakeholders

Objective:

Lead the extension of existing project agreements and the development of brownfield growth opportunities, including capacity expansion, debottlenecking, life extension programs, contract renewals, and augmentation/increase capacity projects across the asset portfolio.

• In cooperation with Business Development and Assets teams, develop and execute a portfolio-wide strategy for extension of PPAs, WPAs, IWPP agreements and other long-term related contracts to improve shareholders economics on the portfolio and on each asset.

Reporting

The Commercial Fleet Manager – Power & Water Assets – KSA reports to the Head of Asset Management – KSA.

Key Accountabilities

In cooperation with the Head of Asset Management and Business Development as required:

• Identify opportunities to increase plant production capacity through extensions, debottlenecking, uprating, technological upgrades, or new asset additions.
• Prepare and participate in negotiations with off-takers, regulators, ministries, and partners regarding contract renewals, extensions, and capacity growth initiatives.
• Coordinate and participate in technical, financial, commercial assessments supporting extension and expansion opportunities.
• Coordinate and participate in the scenarios and strategies for investment cases and shareholder approval documentation for extension and growth projects.
• Elaborate structural turnaround strategies for low EBIT assets – including extension, capacity growth, inclusion of BESS and renewables on brownfield sites
• Monitor upcoming contract expiry dates and establish action plans to secure long-term continuity of operations and revenue streams, and prepare readiness for no extension scenario (transfer, demolition).
• Work closely with Project Companies and O&M teams to identify operational improvements supporting contract extension and performance guarantees.
• Coordinate development of capacity increase proposals, including feasibility studies, permitting requirements, customer discussions, and commercial structuring.
• Identify asset life extension initiatives such as major refurbishments, rotor life extension programs, technology upgrades, and other strategies that increase asset value and extend project life.
• Analyze market developments, regulatory changes (change in law), privatization initiatives, and sector trends that could impact asset profitability or create new opportunities.

Education

• University degree in Mechanical/ Electrical Engineering, Finance, MBA or similar

Language

• Fluency in English mandatory.
• Fluency in Arabic is a plus.

Experience

• Management skills.
• 15+ years of experience in a senior position in the power / energy sector.

Competencies

• Strong interpersonal, negotiation and leadership skills. Strong financial background and excellent. knowledge of the energy markets.
• Must be able to work independently and being integrated in an international team.

Technology

• Preferably combined cycle power plant and desalination plant experience.

Other

• Ability to work in a broad cultural spectrum.

Field: General Management

Job Level:

Employee Status: Permanent

Schedule: Full time

Primary Location: KSA, Riyadh or Khobar.