Director of Origination
Job Location:
Houston, TX - USA
Monthly Salary:
Posted:
Application Deadline:
Vacancies:
Job Summary
EDP Renewables is a global leader in the renewable energy sector and the fourth-largest wind energy producer. With a sound development pipeline first-class assets and market-leading operating capacity EDPR has undergone exceptional development in recent years and is currently present in 28 markets.
Our company is part of EDP a global energy group present in around 30 markets with a particular emphasis on renewable energies. With more than 45 years of experience we have been consolidating a relevant presence on the world energy scene based on the commitment to be all-green by 2030 leading the energy transition. With more than 13000 employees around the world we are committed to using our energy and heart to drive a better tomorrow.
The Director of Originationis responsible forleading the companys utility origination efforts across the Eastern United States and Canada driving the development and execution of long-term power purchase agreements (PPAs) and other revenue contracts for utility-scale wind solar and energy storage projects under development.
This leadership role manages a team of origination professionals and is accountable foridentifying structuring negotiating and closing transactions with regulated utilities municipal utilities electric cooperatives load-serving entities and other wholesale market participants. The Senior Director will play a critical role in shaping the companys commercial strategy advancing project commercialization efforts and delivering contracted revenue streams that support the development and financing of renewable energy assets.
The ideal candidate brings deep experience negotiating utility-scale renewable energy transactions a strong understanding of North American power marketsestablishedutility relationships across the Eastern U.S. and Canada and a proventrack recordof closing complex energy transactions. An entrepreneurial mindset strong commercial instincts and a passion for accelerating the clean energy transition are essential for success in this role.
- Lead the sourcing structuring negotiation and execution of long-term PPAs and other offtake arrangements for utility-scale wind solar and energy storage projects.
- Develop and maintain strategic relationships with regulated utilities municipal utilities electric cooperatives and other energy buyers throughout the Eastern U.S. and Canada.
- Lead commercial negotiations and contract execution efforts with counterparties ensuring alignment with company objectives and risk management standards.
- Evaluate market opportunities customer procurement strategies resource plans and regulatory developments to identify new contracting opportunities.
- Provide commercial leadership during utility procurement processes including competitive solicitations bilateral negotiations and RFP responses.
- Serve as the primary commercial interface between customers and internal project teams throughout the transaction lifecycle.
- Partner with executive leadership to develop and refine the companys commercial strategy market entry plans and customer engagement initiatives.
- Collaborate with development finance legal transmission regulatory and engineering teams to advance project commercialization activities.
- Support project financing initiatives including tax equity debt financing cash equity and M&A transactions by providing commercial analysis and market insights.
- Lead cross-functional teams to develop innovative commercial structures and customer solutions that enhance project competitiveness.
- Additional tasks as assigned.
Full time Hybrid
This role has the ability to work out of any of our regional offices - Houston Chicago NYC Indianapolis Kansas City or Portland
- Bachelors degree in business economics marketing energy management or related field.
- 10 years of progressively responsible experience in renewable energy origination power marketing business development or energy transactions.
- Demonstrated experience negotiating and executing utility-scale renewable energy transactions including PPAs for wind solar and/or energy storage projects.
- Proven track record developing commercial relationships and closing energy transactions with utilities and other load-serving entities.
- Strong understanding of North American wholesale power markets utility procurement processes and renewable energy project economics.
- Advanced proficiency in Microsoft Excel PowerPoint and Word.
up to 40% includes potential international travel and last-minute travel
- Strong commercial acumen with demonstrated success negotiating complex contracts and transactions.
- Ability to quickly understand and synthesize technical regulatory financial and market-related information affecting renewable energy development.
- Exceptional relationship building and stakeholder management skills.
- Outstanding communication and presentation skills including the ability to present recommendations to executive leadership.
- Strong analytical and quantitative problem-solving capabilities.
- Ability to coordinate complex projects across multiple departments and stakeholder groups.
- Self-motivated and comfortable operating in a fast-paced environment.
- Excellent organizational skills attention to detail and ability to manage multiple priorities simultaneously.
- Sitting/Standing/Flexibility: Ability to stand and sit for 8 or more hours when in an office environment
- Speech/Reading: Ability to speak read and write English proficiently and deliver a variety of instructions furnished in written verbal diagram or schedule form
- Vision/Hearing: Ability to understand a variety of instructions furnished in written verbal diagram or schedule form
- Safety: Ability to understand and communicate safety precautions when necessary
More than academic knowledge and technical skills we are looking for ambitious people who are enthusiastic about the future and who bring human skills aligned with our purpose.
Equal opportunities for all
Our vision is that each person combines their unique characteristics and experiences to fulfill our mission of creating new energy for the planet. We are an inclusive employer ensuring all candidates are treated fairly throughout the recruitment process. We welcome and value all people and we are committed to fostering a sense of belonging for each person who is part of the EDP group.
Need more reasons to apply
As a top employer we:
Empower our employees through a positive and innovative work environment that promotes collaboration and agile decision-making;
Respect and value each person providing a flexible healthy and inclusive workplace with a range of attractive benefits;
Provide a meaningful work experience and prepare our people for future challenges through different opportunities for development and internal mobility;
Our efforts have resulted in several distinctions over time highlighting the EDP groups strong positioning and its dedication and commitment to attracting and retaining the best talent:
Top employer certification by Top Employers Institute
Part of the Bloomberg Gender-Equality Index
Global certification as a family-responsible company by Fundación Másfamília
Top 100 Workplaces by Houston Chronicle
Required Experience:
Director
About Company
EDP is a multinational, vertically integrated utility company. Throughout its 40 years of history, it has been building a relevant presence in the world energy scene, being present in 14 countries, in 4 continents. The company has around 12.000 employees and is present throughout t ... View more
