Investment Director Climate & Energy Transition Solutions (“CETS”)

We are seeking a dynamic and experienced Investment Director to support the Lead Portfolio Manager in a newly established investment mandate focused on climate and energy transition solutions. This role presents a unique opportunity to execute a direct investment strategy that targets scalable, high-impact companies and projects advancing decarbonization, renewable energy, grid solutions, efficient and smart infrastructure, clean technologies, CCUS and circular economy models.

As a senior member of the investment team, the Investment Director will be responsible for sourcing, evaluating, structuring, executing, and managing direct investments. The ideal candidate will bring deep sector expertise, a strong investment track record, and a passion for driving the transition to a net-zero economy.

The Investment Director's key responsibilities include:

Strategic Leadership

•      Identify key thematic areas and emerging technologies with strong impact and return potential.

•      Contribute to overall fund strategy, risk management, and portfolio construction.

Deal Origination & Execution

•      Lead sourcing of high-quality direct investment opportunities across relevant sectors and geographies.

•      Build relationships with entrepreneurs, co-investors, advisors, and strategic stakeholders.

•      Oversee due diligence processes, including commercial, financial, technical, ESG, and legal workstreams.

•      Structure and negotiate investment terms, lead deal execution, and obtain internal approvals.

Asset Management

•      Monitor portfolio performance and support portfolio companies in value creation strategies.

•      Provide ongoing governance through board participation and strategic input.

•      Assess and execute follow-on investments and exit opportunities.

Team Leadership & Representation

•      Manage and mentor junior team members and investment analysts.

•      Represent the firm in industry forums, investor meetings, and public engagements.

•      Act as an ambassador for the firm’s mission and impact objectives.

CETS

CETS is a recently launched EUR 1 billion impact strategy. EUR 800 million is dedicated to direct equity and the investments are actively managed by the team. The objective of CETS is to make impact through (innovative) investments in the energy transition that contribute to measurable avoiding CO2 emissions. The team works closely together with the infrastructure team (direct investment strategy) and the private equity team (fund investment strategy).

You will support the energy transition in developed Europe by investing in emerging leaders that focus on scaling proven technologies and services 

Essential Experience

·      10+ years of experience in private equity, growth capital, venture capital, infrastructure, or principal investing roles.

·      Deep understanding of climate and energy transition markets, including trends, technologies, and regulatory frameworks.

·      Proven track record in sourcing and executing direct investments, ideally in climate tech, energy, infrastructure, or sustainability sectors.

·      Hands-on experience in supporting early stage and growth-stage companies, guiding then through strategic development and operational scaling to achieve EBITDA positive performance Strong understanding of business models and value chains in one or more of the following:

o     Renewable energy (e.g., solar, wind, storage)

o     Electrification and grid solutions

o     Sustainable fuels (e.g., green hydrogen, biofuels)

o     Circularity (e.g. recycling, more energy efficient solutions)

o     Carbon capture, utilization and storage (CCUS) or carbon markets

Skills & Attributes

·      Strong financial modeling, valuation, and structuring skills.

·      Excellent negotiation, communication, and interpersonal skills.

·      Strategic thinker with entrepreneurial mindset and hands-on approach.

·      Deep commitment to sustainability, climate impact, and ESG integration.

Preferred Qualifications

·      Advanced degree in Finance, Economics, Engineering, Environmental Science, or a related field.

·      CFA, MBA, or other relevant professional credentials.

·      Multilingual and/or international investment experience is a plus.

A first-class employer in the middle of the country (Zeist – with the intention to move to Utrecht within the foreseeable future) who offers you opportunities to develop yourself, within a world player in financial markets that – however – is about more than just money. A company in a dynamic environment, such as the implementation of the new pension contract but also the additional element of sustainability to the traditional risk and return investment theory. At PGGM you increase your professionalism by working together and sharing knowledge. You are given the freedom and responsibility to combine work and private life for a good life/work balance. An open and honest corporate culture is part of this. Finally, with your knowledge and dedication you can directly contribute to an affordable and sustainable pension for employees in the Healthcare and Welfare sector. In choosing to work for PGGM you are making a choice for society and yourself.

You can count on:

• A modern benefits package consisting of a salary in scale 18 of the Collective Labor Agreement, 8% holiday pay and a 13th month plus variable pay.
• A 40-hour working week.
• A good pension scheme as a member of the PFZW pension fund (71% paid by PGGM, 29% by the employee).
• A training budget for internal and external training or education.
• 30 vacation days per year.
• A working from home budget to set up a healthy / responsible WFH workplace.
• Discount on CZ's supplementary healthcare insurance packages.

You can read more information about our employment conditions and salary scales in our Collective Labor Agreement, which you can find under 'Employment conditions' on pggm.nl/werken-bij.

Do you want to be responsible for a good pension for 4.4 million members as Investment Director? Then apply to this vacancy and choose a job with impact. 

You are most welcome to apply through our webiste, via the blue button.

Applications via mail will not be reviewed, we kindly request you to apply through the website in order to comply with GDPR regulations. Click here to learn more about how we process your personal data.

Please contact Tijmen, recruiter, via tijmen.muller@pggm.nl for more information about the role.