Vice President, Power Plant Division at New Leaf Energy

Boston, Massachusetts, United States

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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

Key technologies and capabilities for this role

P&L ManagementRenewable Energy DevelopmentProject FinanceIPP OperationsClean Energy ProjectsTeam LeadershipPower Plant ConstructionStakeholder EngagementAsset ManagementEnergy Financing

Questions & Answers

Common questions about this position

What is the work arrangement or location policy for this role?

The position may be filled out of offices in Lowell, MA; Boston, MA; Troy, NY; Oakland, CA; or Chicago, IL, with a hybrid work environment requiring employees to work in the office at least two out of every Tuesday, Wednesday, and Thursday.

What salary or compensation is offered for this position?

This information is not specified in the job description.

What are the key responsibilities or skills needed for this VP role?

The role requires owning the P&L with accountability to the executive team and board, managing 6-8 employees, balancing internal and external resources, building relationships with external providers, and collaborating cross-functionally.

What is the team structure like in the IPP division?

The VP will lead a small team of 6-8 NLE employees working exclusively in the IPP division, with the objective to stay small and efficient while drawing on broader company resources; the team may grow but efficiency is prioritized.

What makes a strong candidate for this Vice President position?

A strong candidate has experience leading a profitable IPP or similar P&L responsibility within a developer, with skills in team management, outsourcing, cross-functional collaboration, and standing up new business units in clean energy.

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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