Director of Development for Energy Storage

Deriva Energy•Charlotte, NC

18d•Hybrid

About The Position

Overview Deriva Energy is a leading Independent Power Producer in the US renewables market, with over 6.5GW of operating or under construction wind, solar and storage projects across the country. Formerly the division of Duke Energy, Deriva is now backed by Brookfield Renewable and is poised for dynamic growth across its wind, solar, and storage portfolios. Join a dynamic team committed to excellence and innovation who envision a future of energy independence using resilient, carbon-free generation. We offer competitive compensation, comprehensive benefits, and the opportunity to make a significant impact on the rapidly evolving renewable energy industry. Deriva empowers customers with innovative clean energy solutions that strengthen communities and serve future generations. Position Overview Deriva Energy is a leading Independent Power Producer in the US renewables market, with over 6.5 GW of operating or under construction wind, solar and storage projects across the country. Formerly a part of Duke Energy, Deriva is now a Brookfield Renewable company. Brookfield Renewable operates one of the world’s largest publicly traded, pure-play renewable power platforms. Join a dynamic team committed to excellence and innovation who envision a future of energy independence using resilient, carbon-free generation. We offer competitive compensation, comprehensive benefits, and the opportunity to make a significant impact in the rapidly evolving energy industry. Deriva empowers customers with innovative clean energy solutions that strengthen communities and serve future generations. Reporting to the VP of Development, the Director of Development for Energy Storage will manage and lead the Energy Storage Development team to deliver investment opportunities across the US. The Director will manage a growing pipeline of projects, with a focus on advancing and delivering nearly 10 GWh existing mid and late-stage projects. The Energy Storage Development team is responsible for leading standalone storage and retrofits of operating facilities while also acting as subject matter experts to support hybrid projects within the renewables pipeline. This role is best suited for an experienced developer with demonstrated results leading a team and bringing projects to construction handover. Working in concert with internal and external experts, responsibilities include project management, landowner and community relations, obtaining land use permits, shepherding projects through high-profile interconnection decision points, and finalizing offtake contracts, GIAs, and EPC agreements to carry a project through final investment decisions and ultimately to NTP. Deriva is a leader in facilitating a rapid and sustainable energy transition by developing high-quality energy projects, fostering community partnerships, while being a responsible corporate citizen and a trusted energy solutions partner. We have ambitious growth goals and are expanding the team to support this growth. This position is critical for Deriva Energy to realize ambitious growth aspirations. We are seeking a highly motivated individual, with an entrepreneurial mindset. This role will be located at the Deriva Headquarters office in Charlotte, NC.

Requirements

Bachelor's degree in Finance, Business, Economics, Engineering or other related discipline
In addition to the degree above, eight (8) or more years of experience
In lieu of bachelor's degree, high school diploma/GED AND 13 years or more years of related work experience

Nice To Haves

Masters degree in Finance, Business, Economics, Engineering, or similar field
One (1) or more years of experience managing direct reports
Five (5) or more years of experience in utility-scale energy storage development
Extensive knowledge of wholesale electricity markets, interconnection process, real estate contracts, tax abatements and renewable energy technologies & policy incentives
Deep understanding of energy storage technology, business models, and complex offtake contracts
Excellent problem-solving skills, optimistic self-starter
Financial and business acumen, business strategy, executive level presentation
Strong interpersonal skills with the desire to work in a fast-paced, entrepreneurial environment and to meet deadlines and complete time-sensitive duties
Strong organizational skills and attention to detail.
Demonstrated ability to work in a flat organization, successfully leveraging the expertise of multiple colleagues in different lines of reporting
Ability to multi-task and arbitrate between conflicting priorities
Ability to take ownership over tasks and work proactively.
Excellent communication, project management and team-building skills experience working with cross- functional internal and external technical advisors and stakeholders.

Responsibilities

Lead a team to develop, manage, and execute a pipeline of competitive, customer-centric project investment opportunities.
Succeed in a fast paced, dynamic, competitive marketplace
Strong understanding of project drivers & competition to deliver project investment opportunities
Commercial understanding of value and risk drivers related to project technical aspects (interconnection, resource, constructability, design, etc.)
Ability to effectively negotiate commercial terms with counterparties to maximize value to The Company in a professional and ethical manner
Identify strategic business opportunities
Mitigate risk and successfully structure projects through complementary project contracts
Perform risk assessments, business impact analyses and strategy selection
Evaluate applicable laws and regulations to determine project impacts
Strong understanding of financial drivers
Bring strong customer focus & understanding of customer needs
Work closely with the customer at all levels of the organization (C-Level executives to procurement personnel)
Understand customer needs and structure specific business solutions
Lead energy storage development on mid-late stage pipeline
Create and manage development budget, prudently spending company resources to create investment opportunities
Identify opportunities to prudently advance project while minimizing risk
Manage project team members and work effectively with technical subject matter experts
Work across functional areas to foster collaboration and cooperation to achieve shared goals
Provide direction to internal stakeholders such as, engineering, environmental, underwriting, operations, treasury, risk, tax, finance, accounting, insurance, corporate communications, etc. to achieve project goals
Support the finance, construction, and operations teams to achieve successful project outcomes
Build and maintain mutually beneficial relationships with external stakeholders including customers, project partners, local officials, community members, landowners, transmission owners, environmental agencies, regulatory bodies, etc.
Travel required to meet with key stakeholders
Spearhead project approvals
Prepare and participate in required transaction approval documentation and presentations for senior management approval and deal closure.
Interact with senior management for reporting, strategy development and execution planning.