Fleet Extension Manager

About ENGIE Saudi Arabia

ENGIE is a global leader in low-carbon energy and services, committed to accelerating the transition towards a carbon-neutral world. With 96,000 employees, ENGIE focuses on reducing energy consumption and providing environmentally friendly solutions. The company reconciles economic performance with a positive impact on people and the planet through its core businesses in gas, renewable energy, and services. This role is based in Riyadh or Al Khobar, Saudi Arabia, and is a permanent position within ENGIE Saudi Arabia.

Role Overview: Fleet Extension Manager – Power & Water Assets

The Fleet Extension Manager for Power & Water Assets will lead the extension of existing project agreements and develop brownfield growth opportunities within ENGIE's asset portfolio. This includes capacity expansion, debottlenecking, life extension programs, contract renewals, and augmentation projects. The role focuses on ensuring the long-term continuity of operations and revenue streams for thermal power and desalinated water assets.

Key Responsibilities

• Identify opportunities to increase plant production capacity through extensions, debottlenecking, uprating, technological upgrades, or new asset additions.
• Prepare for 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, and commercial assessments supporting extension and expansion opportunities.
• Coordinate and participate in developing 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, and the 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, preparing for no-extension scenarios (transfer, demolition).
• Collaborate with Project Companies and O&M teams to identify operational improvements supporting contract extension and performance guarantees.
• Coordinate the 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, privatization initiatives, and sector trends that could impact asset profitability or create new opportunities.

Reporting Structure

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

Candidate Requirements

• A minimum of 10 years of relevant professional experience is required for this role.