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Aggreko

Temporary power and climate control rental

Product Lead Engineer

Full-TimeUpdated Deadline 11/9/26
No salary listed
Senior
Bachelor's
Mumbai, Maharashtra, India+1 moreMore locations: Pune, Maharashtra, India
In Person
Mechanical EngineeringDesign Engineering

About the job

Requirements
  • A degree in Mechanical or Electrical Engineering with formal training in product development and design
  • Extensive design experience in industrial machine design, particularly leading the design and development of gas or diesel reciprocating powered generator packages in a commercially demanding manufacturing environment
  • Highly proficient in computer-aided 3D modeling, calculation, and simulation (including thermal, 1D flow, finite element analysis, and computational fluid dynamics), applying engineering principles to optimize product specifications and performance
  • Expertise in working with key suppliers, selecting components based on technical specifications and total cost of ownership over the full product lifecycle
  • Demonstrated ability to lead small, focused design teams, plan and drive projects to tight timescales while maintaining quality, and quickly recognize critical technical or workload issues
Responsibilities
  • Lead Design Input: Drive product development and enhancement focusing on performance, efficiency, and expanding the product range
  • Project Planning & Execution: Collaborate with Product Engineering Managers to define project approaches, priorities, and ensure timely, on-specification completion
  • Define & Approve Testing: Establish and approve system test and validation requirements for new product developments, ensuring legislative compliance
  • Supplier & BOM Management: Engage with key suppliers, select components based on technical and lifecycle cost, and ensure accurate Bill of Materials creation
  • Facilitate Design Reviews: Lead and facilitate design reviews for assigned product developments to ensure quality and adherence
  • Conceptual Design Innovation: Create novel, market-leading conceptual designs that provide product differentiation and meet defined specifications
Desired Qualifications
  • Chartered Engineer status is preferred

About the company

Aggreko provides temporary power, temperature control, and energy services by renting equipment and offering tailored solutions for electricity, heating, and cooling. Its fleet includes gas and diesel generators, industrial chillers, cooling towers, and air conditioning units, supported by energy storage and other services. The company operates globally with 180 locations to serve events, construction, manufacturing, and other industries, delivering equipment and services needed during planned shutdowns, emergencies, or one-off events. Compared with competitors, Aggreko combines a wide, globally distributed rental fleet with bundled energy services and storage options to offer turnkey, customized solutions at scale. Its goal is to ensure reliable, flexible, and efficient temporary power and climate control for clients around the world.

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Glasgow, United Kingdom

Founded

1962

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Simplify's Take

What believers are saying

  • Aggreko filed August 2026 for a New York IPO, unlocking fresh capital.
  • January 2026 growth capex funded roughly $120 million EBITDA, supporting fleet expansion.
  • 2024-2026 acquisitions, including RenEnergy, Infiniti Energy, and Krill Generadores, broaden capabilities.

What critics are saying

  • TDR and I Squared's 2026 NYSE exit pressures Aggreko into valuation-maximizing financial engineering.
  • Aggreko's $7.0 billion debt load forces refinancing risk if IPO demand disappoints.
  • Regulators in Guam and Marianas are challenging continued reliance on Aggreko diesel generation.

What makes Aggreko unique

  • Aggreko combines temporary power, cooling, and energy services across 180 locations worldwide.
  • Its rental fleet and bespoke setups serve events, shutdowns, construction, and emergency outages.
  • Aggreko's energy-transition arm adds solar and storage capabilities beyond classic diesel generators.

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Benefits

  • Flexible Work Hours
  • Paid Vacation

Growth & Insights and Company News

6 month growth

9%

1 year growth

9%

2 year growth

8%
International Rental News
Jan 8th, 2026
Aggreko's PE owners raise $1.15B to fund growth and $550M dividend

Aggreko's private equity owners are raising $1.15 billion through an add-on to its term loan B due in May 2031. The funds will pay down $395 million of its revolving credit facility, add $205 million in cash, and fund a $550 million dividend payment. The transaction, expected to complete today, is projected to generate $120 million in EBITDA based on $600 million invested for growth capital expenditure in 2026. The dividend reflects strong business performance, with revenues of $3,194 million and adjusted EBITDA of $1,218 million in the 12 months to September 2025. Aggreko's owners said increased investment in fleet and capabilities underpins organic growth, whilst mergers and acquisitions have become a proven growth pillar. Recent acquisitions are performing well with a healthy pipeline of future opportunities.

Iberian Legal Group
Nov 27th, 2025
DLA Piper advises Aggreko on Krill Generadores acquisition - Iberian Lawyer

DLA Piper has advised Aggreko Limited on the acquisition of Krill Generadores, a company specialising in the rental of generator sets

Legalcommunity
Jul 16th, 2025
Mobile in Time sold to Aggreko

Wenger Vieli advised the shareholders of Mobile in Time in its sale to Aggreko, a global temporary power solutions provider. Mobile in Time specializes in mobile energy centers and water damage restoration across 16 locations. The Wenger Vieli team was led by partner Beat Speck, with contributions from partners Claudia Keller, senior associates Michèle Joho-Menotti and Nathalie Germann, associates Mark Stocker, Fabienne Nufer, Dario Schönbächler, and junior lawyers Michelle Blattmann and Samuel Pils.

Cravath, Swaine & Moore LLP
Jul 7th, 2025
Aggreko’s $1.4 Billion and €850 Million High-Yield Senior Secured Notes Offering and $1.195 Billion Revolving Credit Facility

Cravath represented the initial purchasers in connection with the $1.4 billion and €850 million Rule 144A/Reg. S high yield senior secured notes offering of Albion Financing 1 S.à r.l and Aggreko…

Renewables Now Ltd
Sep 12th, 2024
Aggreko banks USD-66m loan for US solar portfolio

UK-based power solutions provider Aggreko has arranged a USD-66-million (EUR 59.7m) term loan to fund a portfolio of commercial and industrial (C&I) an