Energy Supply Lead - Power Supply and PPA

Anthropic • San Francisco, CA

6d • Hybrid

About The Position

Anthropic is hiring a Power Supply & PPA Lead to own front-of-meter energy supply for its non-cloud data center portfolio in the United States. The role covers power purchase agreements and wholesale and retail supply contracts serving grid-connected sites. The lead will set the supply plan for each market, engage generators and suppliers, structure and negotiate agreements, and guide them through internal approval to signature. Supply decisions must support Anthropic’s ratepayer-protection commitment, considering effects on other customers as well as price and contract term.

This is the first dedicated owner of this function. The role works closely with colleagues responsible for site origination and behind-the-meter generation, gas procurement and transportation, energy scheduling, and portfolio operations. It also collaborates with Finance, Legal, Policy, and other teams, and supports utility service agreements, large-load tariffs, interconnection and load studies, tariff proceedings, and ISO/RTO rule changes.

Requirements

• 10+ years of experience in power origination, structuring, or energy procurement, including leading PPAs or long-term supply contracts from term sheet to signature.
• Experience buying power for a large load or selling power to large-load buyers, with understanding of buyer requirements.
• Knowledge of at least two U.S. ISO/RTO markets sufficient to price delivery point, basis, congestion, capacity, and ancillary costs into a deal, and understanding of how large customers obtain supply in vertically integrated utility territories.
• Ability to build and interrogate deal valuations and explain how fixed-price, shaped, index, or block structures affect buyer exposure.
• Ability to read and mark up a PPA, use counsel effectively, and retain ownership of commercial judgment.
• Understanding of credit support and project finance, including developer lenders’ requirements of offtakers and their negotiation value.
• Ability to communicate large commitments plainly to people outside the energy field and coordinate across Finance, Legal, Policy, site origination, and scheduling teams.
• Experience building a book, program, or function from zero and comfort moving quickly with incomplete information.
• Minimum education: Bachelor’s degree or an equivalent combination of education, training, and/or experience.
• Required field of study: a field relevant to the role, as demonstrated through coursework, training, or professional experience.

Nice To Haves

• Experience contracting supply for data centers or other large, fast-ramping loads.
• Experience with firm and shaped products, including storage-backed and hybrid structures, tolling agreements, and offtake from new-build dispatchable or clean firm generation.
• Experience in regulated and public power territories, including sleeved PPAs, utility green or clean-transition tariffs, and large-load tariffs and provisions that protect other ratepayers.
• Time on or alongside a trading or structuring desk.
• Experience with virtual PPAs, energy attribute certificates, and hourly matching or emissions accounting.
• Experience with Canadian energy markets.

Responsibilities

• Own the U.S. front-of-meter supply plan for each grid-connected site and market, including contracted load, suppliers, contract duration, pricing structure, and timing in light of site ramps and portfolio energy needs.
• Build and maintain relationships with generation owners, developers, independent power producers, and retail and wholesale suppliers; run competitive solicitations and bilateral negotiations; and compare offers on a like-for-like basis.
• Structure and negotiate PPAs, tolls, capacity agreements, and other long-term supply agreements from term sheet through signature in coordination with Legal and outside counsel.
• Address commercial agreement terms including price and shape, delivery point and basis, congestion and curtailment, commercial operation dates and delay remedies, credit support, change in law, assignment, and termination.
• Adapt supply arrangements to market rules, including working through retail providers and load-serving entities in competitive markets and through utility tariffs, sleeved arrangements, and customer-sourced generation programs in regulated, cooperative, and public power territories.
• Coordinate supply contracts with utility service agreements in collaboration with colleagues who manage utility relationships.
• Design the supply portfolio to deliver Anthropic’s ratepayer-protection commitment; work with Policy and outside analysts to measure effects on other customers and apply that test to deal selection and contract terms.
• Work with Energy Finance on deal valuation and risk, including forward curves, shape and basis risk, capacity and ancillary costs, counterparty credit, and development risk.
• Prepare deal memos for internal approval that clearly explain price, exposure, and alternatives, and answer executives’ questions.
• Track new-build counterparties through commercial operation, manage amendments and disputes, and hand signed contracts to energy scheduling and portfolio teams in operationally usable form.
• Support negotiation of utility service agreements and large-load tariff terms for grid-connected sites.
• Manage the interconnection and load-study process, and represent Anthropic in tariff proceedings and ISO/RTO rule changes alongside Policy and industry coalitions.

Benefits

• Competitive compensation and benefits
• Optional equity donation matching
• Generous vacation and parental leave
• Flexible working hours
• Office space for collaboration
• Visa sponsorship, with reasonable efforts to obtain a visa and assistance from an immigration lawyer

What This Job Offers

• Job Type: Full-time
• Career Level: Senior