Director, East Development, ERCOT - Solar & Storage
United States /
Development – Development /
Full-time, remote
/ Remote
Company Overview
Intersect Power is a team of friends driven to preserve our planet for future generations through low-carbon energy and infrastructure solutions. Founded in 2016, the privately held clean energy company develops and owns some of the world’s largest clean energy resources serving customers in retail and wholesale energy markets across North America. The company is redefining the scope of the clean energy industry by enabling new pathways between clean electricity and the broader economy to enable the deep decarbonization of our economy. We are on an aggressive growth trajectory and are staffing key positions.
Reporting to the VP, East Development, the Director, East Development - ERCOT (Storage & Solar) will be responsible for leading a team in identifying and developing new utility-scale solar and energy storage projects in the ERCOT market. This position will manage a team of 2-3 direct reports. Successful candidates will possess deep market expertise, strong leadership and communications skills, renewable energy financial acumen, and experience contributing to multiple successful project financing processes. This position requires close collaboration with subject matter experts across all aspects of project development. IP has multiple projects included in the business plan, and as a result this position will be front and center to the businesses' near term goals and manage ~400 MW to 1GW solar / project + co-located storage.
Responsibilities and Duties
- Develop, own, and execute the project development strategy for the ERCOT through the leadership of an interdisciplinary team of subject matter experts.
- Oversee financial modeling and analysis necessary to advise key transactions as well as evaluate and frame project development risks and opportunities.
- Manage and collaborate with internal and external resources in the process of negotiating agreements including: interconnection agreements, land agreements, tax agreements, offtake agreements, and purchase and sale agreements.
- Identify and evaluate key market inputs and assumptions and advise on potential impacts to the business plan and ongoing development strategy.
- Coordinate the interconnection study process along with analyses for transmission service availability, basis, and curtailment.
- Devise new siting strategies, plan and execute multi-gigawatt siting campaigns, and manage site due diligence activities.
- Support the creation and improvement of development and project management tools, processes, and standard operating procedures while managing all reporting of the East development team.
- Create and maintain ownership of project development budgets, schedules, and economics.
- Lead and present to the executive team on major updates, strategic decisions, and approvals
- Scope may include some project M&A
Qualifications and Skills
- Bachelor's degree.
- 8+ years of project finance, energy market or project development experience.
- Financial modeling expertise using Microsoft Excel or other modeling programs.
- Strong communication, organization, and relationship management skills.
- Master’s degree is valued.
- Experience in power marketing, interconnection is preferred.
- Project development experience in ERCOT and SPP market(s) is strongly preferred.
- *A note on qualifications: Studies have shown that women and people of color are less likely to apply for jobs unless they believe they are able to perform every task in the job description. We are most interested in finding the best candidate for the job and will consider any equivalent combination of knowledge, skills, education and experience to meet minimum qualifications. If you are interested in applying, we encourage you to think broadly about your background and skill set for the role.
Physical and Sensory Requirements
- Mostly sedentary work; using standard office equipment including: a computer, keyboard, and telephone.
- Position is part of a remote team, with regular electronic and video communication
- Position requires some travel for company-wide meetups: ~4 weeks total through a calendar year.
- In addition to team weeks, this role will require travel: ~1x per month
- Reasonable Accommodations are available, including, but not limited to, for disabled veterans, individuals with disabilities, and individuals with sincerely held religious beliefs, in all phases of the application and employment process. To request an accommodation please email hr@intersectpower.com.
Salary & Benefits
- Salary: $165,000 - $175,000 base salary with 50% annual target bonus
- Medical, dental, and vision plan options with 100% premium coverage for the employee
- 3% non-elective employer contribution to 401k
- Unlimited PTO, plus two company-wide vacation weeks (Fourth of July & end of year)
- Parental leave up to 12 weeks fully paid with an additional 6 weeks paid leave for birth parents
- Mental health and behavioral coaching through Ginger
- Family planning and new parent support through Maven
- New hire tech package (laptop, monitor, docking station, webcam, headphones, etc) and office furniture (desk & chair)
$165,000 - $175,000 a year
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