Renewable Energy Developer - ERCOT at Intersect Power

United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Renewable Energy, Clean EnergyIndustries

Requirements

Bachelor's degree
Located within 60 miles of hubs: SF Bay Area, NYC Metro Area, NY; Denver, CO; Houston, TX; Calgary, AB; or Toronto, ON

Responsibilities

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

Skills

Key technologies and capabilities for this role

ERCOTProject DevelopmentBudget ManagementProject SchedulingProject EconomicsFinancial ModelingRenewable EnergyClean Energy

Questions & Answers

Common questions about this position

Is this position remote?

Yes, this is a full-time remote position with a fully flexible workplace policy, allowing work from home, hybrid, or in-office options. Candidates should be located within 60 miles of hubs like SF Bay Area, NYC Metro, Denver, Houston, Calgary, or Toronto to foster in-person connections.

What does the East Development team look like?

The East Development team has around 14 people and reports to the Head of East Development. They focus on full-cycle development in ERCOT and SPP markets across PV, BESS, Wind, and Load technologies, coordinating daily with SME departments.

What are the main responsibilities of this role?

Responsibilities include leading development team engagement on project pricing, investment and offtake relationships; interfacing with Land Acquisition for greenfield strategy in SPP; and completing financial modeling to evaluate risks and advise transactions.

What is the company culture like at Intersect Power?

Intersect Power emphasizes deepening social connections through Team Week gatherings four times a year and hub locations, while maintaining a fully flexible workplace since 2016. The team is driven to preserve the planet through innovative low-carbon energy solutions.

What skills make a strong candidate for this role?

Strong candidates need experience in project development budgets, schedules, and economics, plus skills in financial modeling, risk analysis, land acquisition strategy, and coordinating across teams like Origination, Trading, and Business Development, ideally with ERCOT/SPP market knowledge.

Intersect Power

Develops and operates clean energy projects

About Intersect Power

Intersect Power focuses on creating large-scale clean energy projects that aim to significantly reduce carbon emissions. The company develops, constructs, and operates renewable energy infrastructure, primarily solar power plants, and sells the generated electricity to various clients, including businesses and government entities, through structured agreements known as offtakes. This model provides a stable revenue stream by ensuring energy is sold at predetermined prices. Intersect Power stands out from competitors due to its innovative approach to integrating clean electricity into the economy and its recognition in the Sustainability category of Fast Company's 2024 World Changing Ideas Awards. The company's goal is to redefine the clean energy industry and contribute to deep decarbonization efforts to combat climate change.

Beaverton, OregonHeadquarters

2016Year Founded

$7,309MTotal Funding

DEBTCompany Stage

Energy, Social ImpactIndustries

201-500Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Unlimited Paid Time Off

Paid Vacation

Parental Leave

Mental Health Support

Family Planning Benefits

Phone/Internet Stipend

Home Office Stipend

Risks

Dependence on large clients like Google poses revenue risks.

Rapid expansion may strain financial resources and cause cash flow issues.

Competitive landscape intensification could impact market share and pricing power.

Differentiation

Intersect Power integrates clean electricity into the broader economy innovatively.

The company has a pipeline of 3.2GWDC solar and storage projects for 2023.

Intersect Power operates in both retail and wholesale energy markets.

Upsides

Google's $800m investment boosts Intersect Power's clean energy initiatives.

Federal incentives from the Inflation Reduction Act enhance project financial viability.

Advancements in solar panel efficiency improve project profitability.

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