Company Overview
Intersect Power is a team of friends driven to preserve our planet for future generations through low-carbon energy and infrastructure solutions. Intersect Power is a privately held clean energy company bringing innovative, scalable, American-made, low-carbon solutions to its customers in global energy markets. We develop, own, and operate some of the world’s largest grid-tied clean energy resources, as well as co-located facilities for large industrial loads, including data centers, e-fuels, and other energy-intensive products. We are laser-focused on the largest, most transformative clean energy projects that decarbonize the existing power grid and bring new loads to clean generation without the need for new transmission. Intersect is redefining the scope of the clean energy industry by enabling new pathways between clean electricity and the broader economy. We are on an aggressive growth trajectory and are looking to fill key roles with talented professionals who want to make an impact.
Location & Team Gatherings
Intersect has been a fully flexible workplace since its founding in 2016. We’ve been very intentional about the way we do things. We are not work-from-home, hybrid, or in-office – we are any and all of those options! Deepening social connections and offering shared experiences is a cornerstone of the way we work. We connect as a team at our Team Week experiences four times a year and at our recently established Hub locations - SF Bay Area, NYC Metro Area, NY; Denver, CO; Houston, TX; Calgary, AB; and Toronto, ON.
We are currently seeking candidates located within 60 miles of any of the listed hubs to foster more in-person connections while maintaining our flexible remote culture.
About this Position
You will be responsible for creating and maintaining ownership of project development budgets, schedules, and economics. This position will work closely with subject matter experts across all aspects of project development.
Overview of Department
The East Development team is currently around 14 people = rolling into the Head of East Development. The team works primarily in the ERCOT and SPP market, on a variety of technologies, including PV, BESS, Wind, and Load. The scope of the team covers full cycle development from early stage strategy through to start of construction, with a primary focus on project management to maintain schedule, budget, and economic value of the project. Team coordinates closely with all major SME departments on a daily basis.
Responsibilities and Duties
- Lead development team engagement on project pricing, investment and offtake relationships, coordinating with Origination & Trading and Business Development teams
- Interface with the Land Acquisition team and lead the greenfield land campaign strategy for SPP
- Complete financial modeling and analysis necessary to advise key transactions as well as evaluate and frame project development risks and opportunities
- Support all project level reporting and key decision making presentations for the executive team
- Manage and own the project development work streams for wind, solar, and load projects in the SPP market through the leadership of an interdisciplinary team of subject matter experts
- Maintain ownership of project budgets, schedules, and reports
- Coordinate, and maintain the interconnection study process, timeline, and relationships, along with analyses for transmission service availability, basis, and curtailment
- Lead counterparty relationships and contract negotiations with transmission utilities, tax consultants, land agents, and real estate attorneys
- Support the creation and improvement of development and project management tools, processes, and standard operating procedures while managing all reporting of the regional development team
- Structure and prepare analysis and materials for senior management and capital deployment committees
Qualifications and Skills
- Bachelor's degree, preferably in Business or Engineering.
- 5+ years of renewable project development, project finance, or acquisition experience.
- Financial modeling expertise using Microsoft Excel or other modeling programs
- Strong communication, organization, and relationship management skills
- MBA is a plus
- Experience in finance, power marketing, interconnection process management is preferred
- Mostly sedentary work; using standard office equipment including: a computer, keyboard, and telephone.
- Position is part of a remote team, with regular electronic and video communication.
- The position requires 4x per year travel for company-wide meetups across US & Canada and regional meetings as needed by department and travel depending on the projects.
*A note on qualifications: Studies have shown that women and people of color are less likely to apply for jobs unless they believe they are able to perform every task in the job description. We are most interested in finding the best candidate for the job and will consider any equivalent combination of knowledge, skills, education and experience to meet minimum qualifications. If you are interested in applying, we encourage you to think broadly about your background and skill set for the role.
Physical and Sensory Requirements
Salary & Benefits
- Salary: USD $125,000 - $135,000 or CAD$179,000 - $194,000 base salary with 25-35% annual target bonus
- Exceptional Healthcare: Access comprehensive medical, dental, and vision plans with 100% premium coverage for both you and your dependents.
- Financial Security: Benefit from a 3% non-elective employer contribution to your 401k, ensuring your financial future is on the right track.
- Time Off: Unlimited Paid Time Off (PTO) + two company-wide vacation weeks (Fourth of July & End of year). We believe in the importance of rest and relaxation.
- Family-Friendly Policies: Experience up to 12 weeks of fully paid parental leave, with an additional 6 weeks for birth parents. We support you through the exciting journey of parenthood.
- Mental Health and Well-being: Access mental health and behavioral coaching services through Headspace providing you with the support you need to thrive both personally and professionally.
- Family Planning Support: Navigate family planning with ease through our partnership with Carrot and Maven, ensuring a seamless experience for new parents.
- Perks: Enjoy a variety of perks, including a $150 USD monthly food stipend on UberEats, pet insurance allowance, and $150 USD monthly phone & internet reimbursement.
- Tech-Ready: Gear up with our new hire tech package, including a laptop, monitor, docking station, webcam, headphones, and more. Set up your home office with provided furniture, including a desk and chair.
Note: We welcome applicants who do not have current enforceable non-compete restrictions that would hinder their employment with us. If you are currently under a non-compete agreement with a previous employer, we kindly request that you carefully review the terms of that agreement and ensure that your potential employment with us does not violate those terms.
Unsolicited resumes or referrals from third-party recruiting firms or agencies are not accepted by Intersect Power.
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