Manager, Development - Newport Beach
7 hours ago
Job description
Company OverviewesVolta, LP is a leading developer, owner and operator of utility-scale energy storage projects across North America.
We are at the forefront of the fast-growing battery energy storage market, and our projects are helping to transition the nation's electric grid to a cleaner and more reliable future.
Our storage projects provide major utilities with a multitude of important services including reliable fast-ramping capacity, energy and ancillary grid services including renewable energy integration support.
esVolta is independently owned, and we are among the largest players in the US energy storage sector with about 1.5 GWh of projects in operation or construction, and a 20+ GWh development pipeline.
About The Role
We are seeking motivated and energetic candidates to join as Manager of Development in our East team, reporting to the company's Vice President of Development.
Project Developers at esVolta are engaged in all aspects of the development cycle including assessing the potential for energy storage in state and regional markets, shaping regional go-to market strategies, initiating and managing greenfield project developments, managing external consultants, assessing project economics, developing proposals and executing revenue and/or hedge contracts with utility customers and other market off-takers, and participating in M&A opportunities.
This is an outstanding opportunity for motivated individuals to join a high-performing team and gain in depth exposure to the fast-growing energy storage industry.
Core ResponsibilitiesManage development of greenfield energy storage projects from inception through to start of construction, including leading overall project management, managing project schedule and budget, managing external consultants, coordinating with finance to maintain pro-forma financial models, originating and executing revenue contracts, ensuring compliance with financing requirements, and supporting diligence during project financing
Evaluate regional markets to assess the potential application of utility-scale energy storage, including interacting with potential customers, analyzing utility IRP filings, analyzing transmission plans, following wholesale market regulatory proceedings, tracking capacity additions/retirements, and evaluating wholesale market energy and ancillary service price trends and opportunities in partnership with our commercial optimization personnel
Work in partnership with our commercial optimization personnel to maintain relationships with key buyers of energy storage services including utilities, coops, munis, and power marketing firms
Prepare and respond to RFP solicitations in collaboration with the company's finance, construction, and commercial groups
Lead M&A opportunity evaluation, diligence, and transactions in conjunction with finance, construction, and commercial teams.
Skills And Qualifications
2-4 years of work experience in the power and utilities industry including renewable or conventional generation, with preference for energy storage experience
Bachelor's degree, with MBA or other advanced degree preferred
Experience developing and managing greenfield development projects in ERCOT, SPP and MISO including site selection, negotiating site control, applying for grid interconnection, managing permitting, submitting proposals, and financial modeling is required
Knowledge of wholesale power markets.
Solid understanding of energy project economics, and quantitative analysis and financial modeling skills
Ability to summarize and present complicated information in a clear way
Entrepreneurial, self-directed, and hardworking with a sense of urgency
Collaborative and team oriented
Curious with willingness to dig into details and conduct independent research to solve problems
Compensation And Benefits
The actual salary and bonus offered will depend on the specific skills and experience of the selected candidate.
Salary:
$140,000Bonus: 20%
401k program with match
Cell phone stipend
Medical, dental and vision care benefits
20 vacation days, 5 sick days and 9 observed holidays
Location
This position is classified as remote; however, periodic travel to company offices, project sites or other meeting locations may be required on an as-needed basis.
We celebrate all forms of diversity and are committed to creating an inclusive environment for all employees. However you identify or whatever your path here, we encourage you to apply.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the hiring process, perform essential job functions, and receive other benefits and privileges of employment.
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