Development Manager
About the role
Fervo has developed groundbreaking technology solutions that have advanced the state-of-the-art of geothermal energy decades ahead of schedule, including the world's most successful commercial enhanced geothermal system completed in 2023. Fervo has raised over $2 billion from leading investors and has secured a multi-billion-dollar project pipeline to meet the world's growing need for 24/7 carbon-free energy. Join us and work alongside world-class engineers, researchers, investors, and developers in making geothermal a key pillar of our climate-friendly energy future. Fervo is hiring a Development Manager, Energy Solutions to help shape how Fervo's projects deliver power to customers with distinct or complex energy needs, including flexible, on-site, and behind-the-meter configurations that bridge the timing gap between generation and load. You will own the commercial and technical integration of these energy solutions from early concept through financeable, executable agreements, working closely with the Transmission & Interconnection, Commercial, Finance, and Legal teams. Reporting directly to the Head of Development, this role is ideal for someone who moves fluidly between deal structuring, technical feasibility, and stakeholder management, and who is energized by building a new capability inside a fast-moving development organization.
Responsibilities
- Own the path from concept to a financeable, executable agreement for Fervo's advanced energy delivery arrangements, including decision logs, risk registers, and critical-path tracking, and make sure commercial terms and technical requirements stay aligned.
- Structure and negotiate commercial terms for flexible and on-site power arrangements, partnering with Legal and Origination on contract frameworks, term sheets, and deal comparisons.
- Coordinate with the Transmission & Interconnection team on technical feasibility, interconnection pathways, and utility requirements that inform deal structure and schedule.
- Partner with Fervo's subsurface, drilling and completions, and engineering teams to align the geothermal resource plan with microgrid design an on-site load requirements.
- Translate resource characteristics, generation profiles, and technical constraints into commercial and financing assumptions for behind-the-meter and microgrid deals.
- Serve as the connective link between the geothermal resource, the microgrid, on-site power needs, so all are engineered, built and operated as one coherent system.
- Translate technical and commercial inputs into a coherent, lender-ready narrative in partnership with Finance and Capital Markets.
- Identify and track the risks, dependencies, and open issues that could affect financeability or executability, and drive them to resolution across internal and external stakeholders.
- Prepare materials that clearly communicate deal status, tradeoffs, and recommendations for senior leadership.
- Serve as a key point of contact for customers and partners exploring energy solutions with Fervo