Principal Transmission Solutions Consultant

Xcel Energy•Minneapolis, MN
•$148,400 - $210,733•Hybrid

About The Position

Responsible for developing transmission solutions for transmission and interconnection of data centers and large customers, from customer request through energization. Works across internal planning, development, and construction teams to ensure transmission interconnection. Develops solution requirements by understanding and connecting customer requirements with the organization's solutions. The role drives interconnection and transmission connection solutions for strategic large customers across acquisition, planning, development, and construction. It identifies and develops large-scale transmission growth opportunities in commercial and industrial markets; supports corporate development strategies; evaluates, negotiates, and advances business expansion and transmission development opportunities; and provides guidance to business units consistent with company strategic and financial objectives. The position requires a bachelor's degree in a technical or financial field, or an equivalent combination of education and capabilities from experience, and seven years of experience in contract negotiation, financial analysis/modeling, or equivalent corporate development experience. An MBA is preferred. The position requires additional hours as needed and overnight travel as needed. Xcel Energy supports a hybrid work model, with many roles expected onsite three days per week, though location expectations vary by role, team, and business needs.

Requirements

  • Bachelor's degree in a technical or financial field; equivalent combination of knowledge and capabilities from experience and education will be considered.
  • Seven years of experience in contract negotiation, financial analysis/modeling, and/or equivalent corporate development experience.
  • Excellent written and verbal communication skills.
  • Demonstrated financial analysis and/or modeling capability.
  • Some knowledge of transaction-related tax, accounting, legal, and human resource issues.
  • Ability to integrate technical and business judgment.
  • Ability to work well within a team and interact successfully with individuals at all levels of the organization.
  • Experience in, or extensive knowledge of, an energy-related field.
  • Must be available to work additional hours.
  • Overnight travel as needed.

Nice To Haves

  • MBA.
  • Experience in negotiation.
  • Demonstrated experience in business-to-business (B2B) infrastructure development.
  • Demonstrated experience in Transmission Planning and/or Utility Planning.

Responsibilities

  • Drive interconnection and transmission connection solutions for strategic large customers across customer acquisition, planning, development, and construction processes and departments.
  • Use knowledge of transmission product and service capabilities and customer businesses to develop customized proposals that present creative solutions and sell the organization's capabilities.
  • Identify and develop large-scale transmission business growth opportunities in commercial and industrial market sectors.
  • Support Corporate Development Directors in developing and managing one or more Operating Company Corporate Development Strategies.
  • Negotiate transactions ranging from simple to complex.
  • Build investment strategies for entry into new business segments or asset classes.
  • Assess potential expansion opportunities, including acquisitions, divestitures, and joint ventures, for financial contribution and strategic fit.
  • Participate in financial evaluations, due diligence reviews, and transaction negotiations for potential opportunities.
  • Guide and support business units in assessing and developing corporate transmission development initiatives aligned with company strategic and financial objectives.
  • Screen and prioritize business opportunities and resource allocation; review expansion opportunities against screening criteria.
  • Assess gaps in transmission and interconnection service capabilities, markets, business scope, and investment risk/return, and recommend ways to close those gaps.
  • Execute next steps on approved transmission-related corporate development opportunities.

Benefits

  • Annual Incentive Program
  • Long Term Incentive
  • Medical/Pharmacy Plan
  • Dental
  • Vision
  • Life Insurance
  • Dependent Care Flexible Spending Account
  • Health Care Flexible Spending Account
  • Health Savings Account (if enrolled in eligible health plan)
  • Limited-Purpose FSA (if enrolled in eligible health plan and HSA)
  • Transportation Reimbursement Account
  • Short-term disability
  • Long-term disability
  • Employee Assistance Program
  • Fitness Center Reimbursement (if enrolled in 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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