DEPARTMENTS
Horizon Wind Energy is composed of various business units that contribute to building a successful alternative energy company. Please find below each unit’s main department functions to gain a better understanding of each area of the business.
CORPORATE
Communications
- Writes and distributes press releases and works with national and regional news outlets to garner positive press for the company and the industry
- Supports community relations in active markets on a national scale, maintaining the company website, creating and managing the use of all marketing collateral, and serving on communications committees of wind related affiliations
- Maintains the company intranet, coordinating internal news stories and corporate videos for the internal EDP ON television network
- Plans dedication ceremonies for all new wind farms, Earth Day events, tradeshows and corporate dinners and meetings
Human Resources
- Manages headcount and compensation budget
- Defines compensation levels and employee benefits schemes
- Coordinates recruitment for the several areas of the company
- Guarantees that the best talent is recruited for the company
CORPORATE OPERATIONS
Procurement
- Prepares project budgets
- Controls project capex and cash flow
- Procures long lead electrical and other equipment for the construction of wind farms
ENERGY MANAGEMENT
Market Intelligence
- Perform research on market trends in terms of “fundamentals”, regulation and prices
Power and REC pricing forecasts
Power Marketing & Origination
- Engages in the origination, negotiation, and execution of energy sales contracts
Market Operations
- Manages the trading of energy and green certificates for merchant and hedged projects
Deal and Portfolio Structuring
- Structures products for contracting of energy sales
- Defines portfolio strategy
- Manages market risk of the portfolio of projects
Asset Management
- Monitors the operational performance of the wind farms
- Engages in management and budget control of the operational wind farms
Operations Services
- Pro-actively manages the O&M suppliers performance
- Implements and maintains the safety levels in the operation of the wind farms
- Coordinates with local communities and interfaces with clients
FINANCE
Business Analysis and Project Finance
- Raises tax equity financing for projects
- Manages treasury and cash requests from EDP
- Analyzes greenfield projects returns
- Manages and executes M&A processes; coordinates due diligence; coordinates relations with external advisors
Planning and Control
- Discusses strategic guidelines with management
- Prepares Horizon’s business plan, consolidating inputs from all areas of the company and coordinating with EDP Renovaveis
- Prepares Management Information Packages
- Prepares reporting information and presentations for parent companies
Administration, Consolidation and Tax
- Prepares individual and consolidated financial statements for Horizon group
- Prepares tax returns and calculates tax credits
- Supports development of projects and tax planning
Information Technologies
- Defines IT strategy and coordinates main contracts and requirements
- Defines and implements IT Infrastructure architecture
- Manages IT vendor contract and teams
LEGAL
Legal
- Prepares and negotiates adequate contracts for activities relating to the development, construction and operation of projects; designs and executes the legal structure of the transactions
Compliance
- Guarantees the company’s fulfillment of contractual and regulatory obligations during different stages of projects
PROJECT DEVELOPMENT
Development
- Prospects potential projects, launches wind measurements, analyzes regional competition and conducts project viability studies
- Negotiates and executes land contracts, securing required state and local permits, licenses and authorizations to build wind farms
Regional Development Centers, Permitting and Transmission
- Prospects potential projects, launches wind measurements, analyzes regional competition and conducts project viability studies
- Negotiates and executes land contracts
- Fosters relationships with authorities and local communities
- Secures required state and local permits, licenses and authorizations to build wind farms
- Coordinates the performance of the environmental impact studies
- Executes interconnection process, from analysis of compatibility with the grid, interconnect requests and negotiation of Interconnection Agreements.
- Originates and support s International M&A transactions
- Originates PPA opportunities
New Initiatives
- Engages in market prospecting, entry strategies and market screenings with market contacts and potential partners
- Prospects and develops new technologies
TECHNICAL
Energy Assessment
- Measures the wind and forecasts meteorological conditions of the projects
- Back Testing to wind farms performance and models
Engineering
- Prepares the engineering of the projects and supports project permitting
Project Management
- Manages wind farm construction
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