Development Analyst

Fervo Energy•Oakland, CA
•$90,000 - $115,000•Hybrid

About The Position

Fervo Energy is seeking a Development Analyst to support the development of large-scale geothermal energy projects and external partnership developments. Reporting to a Development Manager, the role spans project management, financial analysis, market and regulatory research, contract structuring, and internal tooling. It is suited to an analytical, organized self-starter who can manage ambiguity, learn quickly, and contribute across multiple workstreams in a fast-moving environment. The analyst will coordinate projects across Fervo’s development pipeline, support the evaluation and negotiation of development transactions, research markets and regulatory processes, and help build tools and processes that provide visibility into the pipeline. The position offers exposure to how large-scale clean energy projects are developed and managed. The role is hybrid and requires regular in-office work three days per week at one of Fervo Energy’s offices in Houston, Texas; Golden, Colorado; Reno, Nevada; Oakland, California; or Salt Lake City, Utah. The expected salary is $90,000–$115,000, based on location and experience.

Requirements

  • Bachelor’s degree in engineering, economics, finance, business, public policy, environmental studies, or a related field.
  • Relevant professional or internship experience; up to three years of experience is preferred.
  • Experience with quantitative analysis and financial or data modeling through coursework, internships, or projects.
  • Strong written and verbal communication skills, including the ability to synthesize complex information for varied audiences.
  • Highly organized and self-starting, with the ability to manage multiple workstreams and shifting priorities in a fast-paced environment.
  • Ability to work in the office three days per week at one of the listed Fervo Energy offices; the in-office schedule is an essential function of the role.

Nice To Haves

  • Interest in the electricity sector and power markets.
  • Prior coursework or internship exposure to the electricity sector or power markets.

Responsibilities

  • Coordinate projects across Fervo’s development pipeline, including partnership-driven developments, and help manage timelines, deliverables, and milestones across internal teams and external partners.
  • Maintain project trackers, organize cross-party and cross-functional workstreams, and prepare status updates and materials for partner meetings and internal leadership reviews.
  • Identify schedule risks, dependencies, and bottlenecks early, and help drive items to resolution across counterparties.
  • Support structuring, evaluation, and negotiation of development transactions and multi-party agreements, including preparing term sheet comparisons, deal summaries, and decision-support materials.
  • Build and maintain models to quantify commercial, financial, and risk implications of alternative deal structures across counterparty pairings.
  • Track open commercial issues, organize negotiation inputs, and coordinate with internal legal, finance, and development teams to keep transactions moving.
  • Research and analyze markets, counterparties, regulatory and transmission processes, integrated resource planning processes, and other factors affecting Fervo’s development strategy.
  • Support diligence efforts on new opportunities and partnerships, both internally and externally driven.
  • Synthesize complex information into clear, decision-ready findings and recommendations for the development team and senior leadership.
  • Work with development and internal tooling teams to design, build, and improve tools, trackers, and dashboards for managing and providing visibility into Fervo’s development pipeline.
  • Help standardize how pipeline data, deliverables, and milestones are captured and reported so tools can scale as the portfolio grows.
  • Translate team workflows into repeatable, structured processes and supporting tools.

Benefits

  • Medical, dental, and vision plan options.
  • Employer-paid basic life insurance and short-term and long-term disability coverage.
  • 401(k) plan with up to 6% employer match.
  • Flexible paid time off.
  • Paid parental leave.
  • Family-building, fertility, hormonal health, pregnancy, postpartum, and parenting support through Carrot.
  • Dependent care flexible spending account for eligible child and elder care expenses.
  • Annual Lifestyle Spending Account for eligible wellness expenses, including fitness, financial planning, pet insurance, and pet care.
  • Employee ownership opportunities through the Employee Stock Purchase Program.
  • Stock option grants and bonus opportunities for eligible roles.
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