Position: Director of Power Origination (PPA)
Location: Remote or Flexible Location within the United States
Company Overview:
Our client is a prominent player in the renewable energy sector, committed to advancing sustainable energy solutions through strategic partnerships and innovative projects. With a growing portfolio across the United States, the team is focused on delivering clean energy to a diverse range of customers and accelerating the transition to a sustainable energy future.
Role Summary:
The Director of Power Origination will lead efforts in originating, negotiating, and executing renewable energy offtake agreements, primarily through Power Purchase Agreements (PPAs). This role is integral to the commercialization and financial success of large-scale renewable projects. The ideal candidate will have a strong background in PPA origination, valuation, and deal execution, as well as the ability to collaborate effectively across teams and with external stakeholders.
Key Responsibilities:
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Origination & Deal Structuring: Lead the full PPA acquisition process, including origination, due diligence, negotiation, and contract execution to secure offtake agreements that align with the company’s strategic objectives.
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PPA Documentation & Negotiation: Analyze and negotiate PPA documentation, ensuring compliance with legal and financial requirements while aligning with customer needs and company goals.
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Proposal Development: Create customized proposals and presentations for potential customers and stakeholders using PowerPoint and MS Word to effectively communicate offtake opportunities.
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Stakeholder Engagement: Build and maintain strong relationships with key internal and external stakeholders, including potential customers, partners, and community representatives.
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Market Analysis: Monitor and assess market developments and trends within the renewable energy and PPA sectors to identify opportunities and refine strategies.
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Customer Insight: Understand customer needs and requirements, translating them into profitable, mutually beneficial solutions.
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M&A Due Diligence: Support commercial due diligence for mergers and acquisitions as required.
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Communication & Collaboration: Work effectively within an international team environment, facilitating communication across various functional teams and geographies.
Qualifications:
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Education: Bachelor’s degree in a relevant field; a Master’s degree is preferred but not required.
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Experience: 7+ years of experience in renewable power origination within the U.S. energy markets, with a proven track record of managing complex PPA deals.
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Skills:
- Expertise in PPA origination, structuring, and valuation.
- Strong commercial acumen with a comprehensive understanding of U.S. electricity markets.
- Excellent verbal and written communication skills, with the ability to present complex concepts to a broad range of stakeholders.
- Highly organized and self-motivated, with a collaborative approach to working in cross-functional, international teams.
Benefits:
- Competitive compensation package with performance-based bonuses.
- Comprehensive health, dental, and vision insurance.
- 401(k) plan with employer match.
- Professional development and career advancement opportunities.
- Flexible work options to support work-life balance.