Director, Energy Markets and Origination (Solar & BESS)

ABOUT THE JOB:

The Director of Power Marketing and Origination will manage and report on the portfolio company’s positions in electricity markets. The successful candidate should possess a deep understanding of electricity markets and regulations, along with the ability to build and maintain relationships with PPA off-takers. Strong analytical skills and proficiency in working with data are essential. This role also serves as a Subject Matter Expert for Investments (Structured Finance), Development, and other teams as needed.

ESSENTIAL FUNCTIONS:

• Optimize asset revenue through securing PPAs and managing trading strategies for uncontracted portions.
• Oversee contracting and energy bidding strategies to meet or exceed revenue goals; lead Power Purchase Agreement negotiations.
• Evaluate and adjust CAISO day-ahead, real-time, and ancillary market bidding strategies to maximize merchant revenues and manage risks.
• Negotiate and close long-term structured power purchase agreements and other revenue contracts.
• Maintain relationships with power off-takers, identify RFP opportunities, and manage RFP responses for new energy project development in the U.S.
• Collaborate with Investments team to integrate offtake structures into financial models.
• Own power price forecasts and stay updated on utility IRPs, state RPS mandates, and other regulatory trends; present findings to stakeholders.
• Coordinate with Development, Investments, and other departments to understand power prices and commercialize projects.
• Analyze financial impacts of energy production with Asset Operations and Performance Engineering.
• Communicate effectively with internal and external parties; report on operational activities to relevant stakeholders.
• Support Asset Operations to ensure compliance with project agreements; recommend risk approaches and execute trades as per risk policies.
• Work with investment, accounting, and legal teams to prepare and submit financial deliverables; develop and manage 12x24 production schedules.

EDUCATION/EXPERIENCE REQUIREMENTS:

• Bachelor’s Degree.
• 5+ years’ experience in origination, power marketing, renewable energy consulting, or related field.
• Strong preference for CAISO experience.
• Experience with merchant energy projects and Solar + Storage production and dispatch strategy.
• Knowledge of Day Ahead scheduling required.