Generation Project Portfolio Manager
About The Position
The Large Load Portfolio Manager will lead the creation and advancement of new generation project portfolios for Xcel Energy’s large load customers across its three Operating Companies. The role identifies, shapes, and optimizes portfolios of generation projects—including renewables, storage, and thermal technologies—to align with resource planning objectives and regulatory requirements. It emphasizes strategic portfolio development, technical evaluation, and coordination with project managers and regulatory teams, while supporting innovation and the clean energy transition. Within Corporate and Project Development (CPD), this role manages technical evaluation, due diligence, and development of conceptual and proposed generation projects. It coordinates multidisciplinary teams in appraising, selecting, and defining technical and performance parameters consistent with corporate strategy and engineering and construction best practices. The position supports Corporate Development, Supply Chain, Transmission, Major Projects Group, and Regulatory groups in commercial strategy, contracting strategy, and risk response; supports key contract negotiations; and manages projects through conceptual and development phases, ensuring handover to the project management team for execution.
Requirements
- Bachelor of Science degree in engineering, finance, or a related business field.
- At least 10 years of power or heavy industrial construction and diversified project management experience.
- Experience developing or managing large construction projects, or multiple projects with an aggregate value of at least $50 million.
- Ability to travel as required to manage responsibilities across the fleet.
Nice To Haves
- Project Management Professional certification and/or Professional Engineer registration.
- At least 5 years of experience in utility-scale power generation projects.
Responsibilities
- Coordinate technical tasks during feasibility and development phases of generation projects within CPD.
- Coordinate collaboration among internal groups, third-party developers, consultants, and other stakeholders to assess and define project technical parameters, performance, operating requirements, permitting, site suitability, constructability, bid packages, environmental studies, cost estimates, schedules, cash flow forecasts, budgets, risks, and quality requirements.
- Lead multidisciplinary, matrixed teams performing technical due diligence and engineering development to define project scope, estimates, schedules, preliminary engineering, construction, and execution strategy.
- Identify options and execution strategies to mitigate risks; conduct engineering and project value analyses; and prepare executive and detailed reports on project outcomes and technical solutions.
- Develop and track cross-departmental action items and milestones, including cost tracking and reconciliation.
- Ensure technical specifications, best practices, continuous improvement, and consistent application of company and project development policies across the generation portfolio.
- Maintain knowledge management of lessons learned and best practices for generation project development and design, and engage with industry stakeholders to stay current on technological advancements.
- Provide technical analysis and data for federal, state, and public utility commission filings and testimony; represent Xcel Energy in public and private stakeholder meetings related to project development.
- Monitor and provide periodic project status reports to project teams, management, subcontractors, customers, owners, and other stakeholders.
- Ensure appropriate transition to the Major Projects Group’s Project Management team for execution, clarify deliverables, and assist with carryover or newly identified development issues.
- Keep Major Projects Group leadership engaged and informed on strategy, cost, risk, safety, and development activities in their areas of responsibility.
- Support development of commercial strategy, equipment and services contracting strategy, and risk response in coordination with relevant business groups.
- Support negotiation of purchase and sale agreements, equipment and services supply agreements, operations and maintenance agreements, and development engineering studies.
Benefits
- Annual Incentive Program
- Medical/Pharmacy Plan
- Dental
- Vision
- Life Insurance
- Dependent Care Flexible Spending Account
- Health Care Flexible Spending Account
- Health Savings Account (if enrolled in an eligible health plan)
- Limited-Purpose Flexible Spending Account (if enrolled in an eligible health plan and HSA)
- Transportation Reimbursement Account
- Short-term disability
- Long-term disability
- Employee Assistance Program
- Fitness Center Reimbursement (if enrolled in an eligible health plan)
- Tuition reimbursement
- Transit programs
- Employee recognition program
- Pension
- 401(k) plan
- Paid time off
- Holidays
- Volunteer Paid Time Off
- Parental Leave
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What This Job Offers
Job Type
Full-time
Career Level
Senior
