M&A MANAGER
Do you want to help shape the future of energy while having real influence on a company’s strategic direction?
M&A Manager (Pre-FID)
Powering Energy Transition
ECO STOR is a fast-growing leader in the development, construction, and operation of large-scale Battery Energy Storage Systems (BESS), accelerating the transition toward a sustainable energy future. Founded in 2021 and headquartered near Munich with operations in Oslo, the company combines deep technical expertise with a strong mission: driving meaningful change through next-generation energy solutions.
With more than 80 employees and a management team of seasoned entrepreneurs and industry experts, ECO STOR delivers the full value chain—from early project origination to construction, operations, and lifecycle management. The company today operates over 200 MW of BESS assets and manages an active pipeline exceeding 25 GWh, representing approximately 30% of the German BESS market.
In 2024, ECO STOR welcomed strategic investment from Brookfield-owned X-ELIO and London-based private equity firm Nature Infrastructure Capital. This partnership strengthens the company’s capital base and global capabilities as it continues its rapid expansion.
At ECO STOR, technology, sustainability, and a people-centered culture go hand in hand. We offer an agile, mission-driven environment where innovation, integrity, and impact shape the everyday work.
Learn more at: eco-stor.de
About the Role
Do you want to help shape the future of energy while having real influence on a company’s strategic direction?
We are looking for an ambitious and analytical M&A Manager (Pre-FID) to play a key role in building our Battery Energy Storage Systems (BESS) portfolio. This is a newly created position offering a unique combination of strategy, business development, technical insight, and transaction execution.
As M&A Manager, you will be part of a team developing frameworks to evaluate M&A (pre-Final Investment Decision) and co-investment opportunities.
You will take ownership of identifying, evaluating, and executing strategic acquisitions – including SPVs, project portfolios, and project developers – while building a strong pipeline that supports the company’s growth ambitions.
Key Responsibilities
Identify and evaluate potential acquisition targets, including SPVs, project pipelines, and project developers
Build and manage an M&A pipeline that complements internal project development
Lead the full M&A process from initial screening through to deal execution
Coordinate technical, commercial, due diligence with internal stakeholders (Investment Analysis, Project Development)
Establish and optimize internal M&A processes, tools, and workflows
Act as the main internal point of contact for all M&A-related activities
Track milestones, risks, and reporting throughout the deal lifecycle
Support integration planning for acquired assets and projects
Why Join Us?
You will be part of a company where three powerful elements come together:
Cutting-edge technology in energy storage
Strong financial backing with a focus on deep tech investments
A purpose-driven mission contributing to the energy transition
We also offer:
An inspiring and values-driven culture built on integrity and talent
A unique opportunity to join early and shape both business and culture
Significant influence on the company’s future direction
A collaborative “one team – one vision” environment across locations
A dynamic and creative growth phase
Qualifications
Minimum 5 years of experience in M&A, corporate development, or project acquisitions
Proven experience with commercial due diligence
Strong business development and strategic evaluation skills
Technical understanding of energy storage and/or renewable energy projects
Experience in establishing M&A processes and tools is a plus
Excellent analytical, project management, and communication skills
Ability to work independently, prioritize effectively, and deliver under tight deadlines
High level of integrity and discretion when handling confidential information
Education
Bachelor’s or Master’s degree in Engineering, Finance, Business, or a related field
MBA is a plus
Working language: English & German
Should the above correlate with your qualifications and ambitions, contact our advisors in Papillon Executive Search: Frode Pettersen 47 88 82 85 or Wenche Petlund 95 83 31 32
Om Papillon Executive Search AS
A Papillon Executive Search advisor is required to have extensive experience in the recruitment industry. It is essential for us to focus on the future of executive search—both by driving innovation within a traditionally conservative sector and, most importantly, by working with industries and companies we are truly passionate about.
Papillon Executive Search is committed to establishing a leading position in recruitment within two key areas, guided by our expertise and professional focus. We find it highly stimulating and rewarding to work within the green transition, technology companies, and start-ups transitioning into scale-ups, as well as scale-ups that have progressed further. These companies share a common thread: strong passion, ambition, and a clear vision for the future.
We believe we can add significant value by leveraging our expertise and acting as trusted advisors to our clients. Across industries, many of the challenges companies face are universal and not always immediately apparent—particularly when it comes to identifying and attracting the right talent for key positions.
We have identified two primary industry sectors where we will focus our efforts:
1. The Green Transition
The world is undergoing a major shift toward sustainability, and Norway has taken a leading role in many areas. With our background, experience, and network, we are well positioned to be a strong partner and advisor in recruitment within this sector. We are already working with companies such as Arendals Fossekompani, UMOE Gruppen, Å Invest, NRP Zero, Hydrogen Pro and Air Liquide, both directly and through their portfolio companies.
2. Technology Companies
This sector has many intersecting dimensions with the green transition and represents a broad yet clearly defined focus area. The phases, challenges, and dynamics that tech companies face are often similar. Our expertise extends to companies specializing in security, health, and welfare technology—sectors that contribute to a greater purpose.
Finding the right candidate requires a deep understanding of the business case, the company, and its current and future landscape. It also demands strong advisory capabilities, strategic insight, and—most importantly—the ability to attract the right talent with the right motivation for the role.
That is where we excel.
Our vision is that our contribution to the recruitment process will result in hires that positively impact the company’s working environment, productivity and profitability in the short and long term.