Regulated Infrastructure Development Manager | NEW GENERATION RESOURCE DEVELOPMENT

American Electric Power•Columbus, OH

1d•Onsite

About The Position

Grid Solutions organization is responsible for planning and deploying 80% of the corporation’s capital investment over the next five years ($30B of total AEP budget of $37B). This role is responsible for managing processes and team members associated with the acquisition and development of generation and storage components of the Integrated Resource Plan. Other responsibilities include supporting the development and execution of operating company strategies and asset investment opportunities. Provides AEP Regulated Operating Companies and their customers with value added asset solutions utilizing renewables, storage, natural gas and emerging technologies. Enhance company value through implementing processes, managing processes associated with multi-disciplinary groups (i.e. engineering, projects, regulatory, legal, accounting, tax, finance, commercial operations, innovation and technology) in meeting strategic requirements and goals. Drive execution of AEP’s regulated generation transformation plan.

Requirements

Bachelor’s degree in Business, Economics, Engineering, or a relevant field.
Seven (7) years’ experience with an electric utility or energy marketing firm with at least two years’ experience in a commercial role.
Knowledge and proficiency in Microsoft Office (Word, Excel, Outlook, Power Point).
Strong organizational, time management, and accounting skills.
Proficient in discounted cash flow modeling and the ability to clearly articulate impacts of risks.
Ability to communicate in effective, concise, and persuasive ways.
Ability to work professionally with customers, contractors, and development partners.
Ability to travel as needed to engage in development opportunities.

Nice To Haves

Graduate degree a plus.

Responsibilities

Manage resources necessary to identify, solicit via request for proposals (RFP) and pursue generation asset investment opportunities including analysis, due diligence, screening and the direct negotiation / execution of definitive asset and power purchase agreements.
Manage team members, including other Company-wide subject matter experts and 3rd Party consultants, in pursuit of successful transactions.
Lead or support complex high value ($10 M - $500 M) contract negotiations associated with adding new generation resources.
Negotiate Power Purchase Agreements.
Develop and structure associated Request for Proposals (RFP) within the outline of the IRP and ongoing management goals.
Manage the RFP process, including development of RFP content and format of the operating company’s RFP web page, managing the Q&A process, receipt of proposals, processing of proposals, distribution of proposal data to internal subject matter experts for due diligence, summarizing of proposal data, and implementation of quality control processes.
Support the OPCO regulatory approval process for related generation transactions, including acting as a subject matter expert (SME) by providing written and/or oral testimony and participating in hearings, as required.
Facilitate communication and issue resolution between AEP’s corporate departments, external parties and project operations managers.
Participate in the development of each of the regulated operating company’s Integrated Resource Plans (IRP) by providing necessary information to support AEP’s regulated generation transformation goals and regulatory approval of same.
Promote a cooperative working environment with an emphasis on safety, good utility practice, and innovation.
Consult and provide input to key stakeholders regarding due diligence, analysis, strategic decisions and regulatory matters.
Prepare and/or assist in the preparation of internal and external presentations.
Promote a cooperative working environment with an emphasis on safety, culture, good utility practice and innovation.