Vice President, Power Plant Division at New Leaf Energy

Boston, Massachusetts, United States

New Leaf Energy Logo
Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Renewable Energy, Clean EnergyIndustries

Requirements

  • Experience leading a P&L for an IPP or similar energy division
  • Ability to manage a small team of 6-8 employees (with potential growth while staying efficient)
  • Expertise in balancing internal and external resources for IPP functions, including building relationships with external service providers
  • Deep understanding of clean energy project development (DevCo) business and its leaders' priorities
  • Skills in raising capital to finance projects in collaboration with CEO and team
  • Capability to oversee high-quality, on-budget, on-time construction via EPC contractors and others
  • Experience developing asset management strategies for operational projects
  • Proven track record in selling IPP assets
  • Willingness to work in a hybrid environment from Lowell, MA; Boston, MA; Troy, NY; Oakland, CA; or Chicago, IL offices (in-office at least two of Tuesday, Wednesday, Thursday weekly)

Responsibilities

  • Be accountable to the executive team and board for profitable and efficient IPP functioning; own the P&L
  • Complete remaining work to fully stand up the IPP division
  • Manage 6-8 IPP employees, drawing on broader company resources as needed
  • Find optimal balance of internal/external resources and build relationships with external providers
  • Collaborate with NLE leaders and employees for smooth cross-functional relationships, deeply understanding and supporting DevCo priorities
  • Defend IPP against subsidizing DevCo, ensuring fair payment and good project pricing
  • Collaborate with IPP team and CEO to raise capital for projects
  • Oversee high-quality, on-budget, on-time construction by hiring/managing EPC contractors and others
  • Develop IPP's asset management strategy for projects reaching commercial operation
  • Sell IPP assets to maintain a lean, non-accumulating portfolio

Skills

P&L Management
Renewable Energy Development
Project Finance
IPP Operations
Clean Energy Projects
Team Leadership
Power Plant Construction
Stakeholder Engagement
Asset Management
Energy Financing

New Leaf Energy

Develops solar and energy storage projects

About New Leaf Energy

New Leaf Energy focuses on developing solar and energy storage projects to promote the use of renewable energy. The company collaborates with local authorities and utilities to create projects that benefit system owners, who own the solar and storage systems, and offtakers, who purchase the energy produced. New Leaf Energy operates in various regions across the United States, including California, New England, New York, Illinois, and Maine. Unlike many competitors, New Leaf Energy emphasizes strong partnerships with landowners to secure project sites and fosters a positive work culture for its employees. The goal of New Leaf Energy is to accelerate the adoption of clean energy solutions for a sustainable future.

55 Technology Dr Suite #102, Lowell, MA 01851, USAHeadquarters
2022Year Founded
BUYOUT_LBOCompany Stage
EnergyIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Hybrid Work Options
Parental Leave
Professional Development Budget

Risks

Competition from Standard Solar may impact market share in Illinois.
Regulatory hurdles in Texas could challenge battery storage project expansions.
Dependency on partners like DSD Renewables may pose operational risks.

Differentiation

Spun off from Borrego, New Leaf Energy has a strong legacy in solar development.
Operates across diverse U.S. regions, enhancing its adaptability and market reach.
Focuses on partnerships with local authorities, ensuring community-aligned renewable projects.

Upsides

Growing demand for community solar projects boosts New Leaf's market opportunities.
Expansion into energy storage in Texas aligns with increasing storage demand.
Partnerships with FirstLight Power enhance grid reliability and sustainability.

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