Director of Development - East Region
About The Position
We are seeking motivated and energetic individuals to join as Director of Development, reporting to the company’s Vice President of Development. The successful candidate will have experience with large-scale energy project development preferably with strong ERCOT experience, but candidate’s work may include other markets such as SPP and MISO. Project Developers at esVolta are engaged in all aspects of the development cycle including assessing the potential for energy storage in state and regional markets, shaping regional go-to market strategies, initiating and managing greenfield project developments, managing external consultants, assessing project economics, developing proposals and executing revenue and/or hedge contracts with utility customers and other market offtakers, and participating in M&A opportunities. This is an outstanding opportunity for motivated individuals to join a high-performing team and gain in depth exposure to the fast-growing energy storage industry.
Requirements
- 5-7 years of work experience in the power and utilities industry including renewable or conventional generation is required, with preference for energy storage experience.
- Bachelor’s degree, with MBA or other advanced degree preferred.
- Experience developing and managing greenfield development projects in ERCOT, SPP and MISO is required, including site selection, negotiating site control, applying for grid interconnection, managing permitting, submitting proposals, and financial modeling is required.
- Knowledge of wholesale power markets.
- Solid understanding of energy project economics, and quantitative analysis and financial modeling skills.
- Ability to summarize and present complicated information in a clear way.
- Entrepreneurial, self-directed, and hardworking with a sense of urgency.
- Collaborative and team oriented.
- Curious with willingness to dig into details and conduct independent research to solve problems.
Responsibilities
- Manage development of greenfield energy storage projects from inception through to start of construction, including leading overall project management, managing project schedule and budget, managing external consultants, coordinating with finance to maintain pro-forma financial models, originating and executing revenue contracts, ensuring compliance with financing requirements, and supporting diligence during project financing.
- Evaluate regional markets to assess the potential application of utility-scale energy storage, including interacting with potential customers, analyzing utility IRP filings, following wholesale market regulatory proceedings, tracking capacity additions/retirements, and evaluating wholesale market energy and ancillary service price trends and opportunities in partnership with our commercial optimization personnel.
- Work in partnership with our commercial optimization personnel to maintain relationships with key buyers of energy storage services including utilities, community choice aggregators, co-ops, municipalities, and power marketing firms.
- Prepare and respond to RFP solicitations in collaboration with the company’s finance, construction, and commercial groups.
- Lead M&A opportunity evaluation, diligence, and transactions in conjunction with finance, construction, and commercial teams.
Benefits
- 401k program with 6% match
- Monthly cell phone stipend
- Medical, dental and vision care benefits
- 20 vacation days, 5 sick days and 9 observed holidays
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What This Job Offers
Job Type
Full-time
Career Level
Director
Number of Employees
51-100 employees
