Director Origination
California, USA
About the Company We provide renewable power at stable rates and deliver cutting-edge energy programs to residents and businesses across North America. The team is passionate about environmental stewardship and community service. About The Team The Power team builds a portfolio of clean resources to meet customer needs and grid reliability. They focus on ambitious renewable energy and greenhouse gas (GHG)-free goals. They negotiate and manage power purchase agreements, energy storage agreements, and feed-in tariff programs. Their work allows reinvestment in renewable energy projects within the service area, creating green-collar jobs. The Role As the Director of Power Origination, you will be a leader in sourcing, negotiating, and structuring complex contracts. You will manage a team within Power Resources, delivering value for the portfolio. You will be responsible for a wide range of energy procurement activities, including GHG-free energy, asset controlling supply, and renewable energy. Responsibilities Manage complex energy contracts, resolve issues, monitor performance, validate invoices, and renewable energy credits. Negotiate complex, structured, and long-term energy and resource contracts. Ensure transactions meet policy objectives, compliance, and legal requirements, producing best value for ratepayers. Monitor market participation in the regional grid operator. Partner with the VP of Power to develop and execute procurement strategies, meeting agency targets. Oversee energy product valuation, accounting for market innovation and changing technologies. Lead administration of Request for Offers (RFOs), open season procurement, communication with counterparties, contract development, performance tracking, and public/Board informational materials. Coordinate administration of feed-in tariff programs and develop strategies to accelerate local renewable generation. Evaluate and acquire generation assets (with external consultants). Essential Duties - Power Supply Contracts Lead negotiations for new energy contracts, master agreements, and confirmations, ensuring beneficial terms for the company. Manage and mentor power procurement managers, tracking the contract lifecycle and enforcing contractual terms. Partner with the VP to develop innovative ways to build the power resource portfolio. Develop materials for Board review of potential supplier agreements. Maintain current knowledge of regulatory/legislative trends and market conditions. Additional Responsibilities Manage invoice processing and validation, ensuring accurate charges and credits. Prepare materials for policy discussions related to procurement and resource planning. Oversee or lead RFOs, open season processes, and unsolicited offer assessments. Oversee offer evaluation based on open positions and long/short-term procurement strategy. Lead or support the annual Integrated Resource Plan (IRP). Prepare and present information for assessing and identifying market opportunities. Lead and recommend strategies for contracting capacity to meet resource adequacy requirements. Assist in managing renewable energy certificate accounts. Understand the impact of agency-wide programs on procurement. Qualifications and Experience Experience in energy procurement and contract negotiation, PPAs Experience working with CAISO Proven ability to manage complex projects and multiple priorities in a fast-paced environment. Excellent written and oral communication skills. Ability to establish and maintain effective working relationships. Strong analytical and problem-solving skills. Commercial awareness and sound judgment. 20% Travel 1-2 Days per week in the California office. Compensation & Benefits Competitive compensation package with generous benefits, including health insurance, parental leave, dependent care subsidies, student loan repayment, and an employee wellness program