Enter a job title or keyword

Director, US Thermal Business Development

Capital Power


Job Location:

Washington, DC - USA

Monthly Salary: $ 180000 - 220000
Posted: 17 May 2026 (30+ days ago)
Application Deadline: 4 September 2026
Vacancies: 1 Vacancy
The job posting is outdated and position may be filled

Job Summary

Posting End Date: June 25 2026

A little about Capital Power

Capital Power (TSX: CPX) is dedicated toPowering Change by Changing Power. This north star guides our ambitions focus and actions as we transform our energy system. Were a growth-oriented North American energy company headquartered in Edmonton Alberta. Our team safely delivers builds and creates balanced energy solutions for customers across North America.

Our people are at the core of our journey to deliver reliable affordable and lower-carbon power solutions. We provide purpose-driven work in a safe and inclusive environment and we live by our North Star. With us your contributions matter we want you to be empowered to innovate collaborate and ultimately drive results. Were here to partner with you so you can learn grow and forge a career thats meaningful to you. Join us in powering North America!

Director US Thermal Business Development

Washington DC (Hybrid)

Your Opportunity

Capital Power (TSX: CPX) is a growth-oriented North American power producer delivering responsible energy solutions across Canada and the United States.

We are seeking a Director US Thermal Business Development to lead the origination and execution of a multi-year pipeline of utility-scale thermal generation opportunities across the U.S. This is a high-impact externally facing role shaping Capital Powers thermal growth strategy and translating evolving utility reliability and capacity needs into long-term contracted assets.

This results driven leader will operate with significant autonomy - originating proprietary opportunities building senior utility relationships and advancing projects through financial close to drive meaningful capacity growth and long-term value.

What Youll Do

  • Build and execute a multi-year development pipeline with clear line of sight to contracted MWs and financial close
  • Originate proprietary brownfield and greenfield opportunities including site control and interconnection strategy
  • Define and execute market entry and origination strategies across key ISO/RTO markets
  • Lead and deepen executive-level relationships with utilities co-ops and load-serving entities
  • Convert utility procurement needs and IRP insights into actionable development opportunities
  • Lead cross-functional teams with direct accountability for advancing projects through the full development lifecycle. Own project execution including business cases financial analysis and risk assessment
  • Structure development opportunities for successful contracting and commercialization
  • Provide market intelligence on capacity markets regulatory shifts and competitive dynamics
  • Influence strategy capital allocation and pipeline priorities with senior leadership

What You Bring

  • Bachelors in Engineering Business Finance Economics or related field (MBA preferred)
  • 1015 years in power development business development or project finance with a strong U.S. thermal track record
  • Proven success originating and advancing projects through financial close
  • Deep established relationships with utility procurement and executive teams (e.g. PJM MISO ERCOT)
  • Strong knowledge of ISO/RTO markets capacity structures and interconnection processes
  • Experience leading complex cross-functional project execution
  • Advanced financial modeling valuation and investment analysis capabilities
  • Expertise in structuring and negotiating power sector commercial agreements
  • Technical understanding of thermal generation (peakers CCGT flexible capacity)
  • Executive presence strong judgment and an ownership mindset with the ability to drive results independently

Working Conditions:

  • Hybrid office/work from home position based in our Washington DC office.
  • This position requires up to 40% travel reflecting the relationship-intensive nature of utility origination across multiple US markets.

Additional Details:

The pay range for this position is $180000 to $220000.

The specific rate will depend on the successful candidates qualifications andpriorrelevant experience.

This position is eligible for health care benefits retirement benefits paid time off and annual bonus.

In order tobe considered for this role you must be legally eligible to work inUnited States of America.

The successful candidate for this position will undergo an education verification referencechecksand criminal recordcheck.

How To Apply and Next Steps

Capital Power only accepts resumes via online application at If you choose to submit your resume by any other means we cannot guarantee that your application will be considered for vacancies.

Applicants with disabilities who require a reasonable accommodation to complete their application can request accessible formats communication support or other accessibility assistance by contacting
.

Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills experience and knowledge for each position.

Thank you for taking the time to apply and expressing interest in powering a sustainable future with Capital Power! We wish that we could personally respond to everyone who applies; however it is our practice to contact only those individuals selected for interviews.


Required Experience:

Director


About Company

Company Logo

Capital Power is a growth-oriented North American power producer headquartered in Edmonton, Alberta. The company develops, acquires, owns, and operates power generation facilities using a variety of energy sources.

View Profile View Profile