Jobs · Consulting

Director Project Development

PROENERGY · United States · 2 wk ago
RemoteRemoteConsultingFull-time
About WattBridge WattBridge developed, financed, built, owned and operated the world’s largest LM6000 portfolio consisting of 2400 MW’s from 2019 thru 2026. The platform raised over $2BN in capital and is now partnered with Energy Capital Partners as our majority sponsor. With competitive advantages in secured power equipment as an OEM, a proven track record in building out a 2400 MW portfolio, and a fully vertically integrated execution platform, we are well positioned to be highly successful in the data center industry. Position Summary The Director of Project Development is responsible for overseeing the development, execution, and financial close of projects across the WattBridge portfolio and development pipeline. This leadership role ensures the successful management of power generation assets, from initial project origination through commercial operation, meeting both financial and operational goals. This Director collaborates with internal teams, third-party consultants, and external stakeholders, including electric transmission, natural gas, off-takers, water suppliers, permitting authorities, and government entities, to deliver projects on time and within budget. This role requires expertise in identifying project challenges and implementing cost-effective solutions to optimize asset performance. This Director is also responsible for negotiating and managing project agreements related to construction, funding, operation, and ownership, while leading the due diligence process for financial close. Reports To: Sr. Director Power Generation Development Work Location: Remote United States Position Responsibilities Asset Management Monetize operating portfolio by working with third party Energy ManagerManage asset daily settlements in conjunction with Energy ManagerInterface with asset O&M provider on all reporting requirementsMeet compliance, regulatory and operating requirementsBudget development and execution (P&L, operating cost, forecasting)Plant operations interface on asset performanceOfftake, gas, water, transmission agreement management Asset Development Conduct due diligence on prospective project and market locationsFind land, water, transmission, gas, air and all other project infrastructure solutionsWork with regulatory, government affairs, permitting authorities, env assessment solutionsWork with off-takers to establish commercial basis and optimum location of assetManage 3 rd party consultants to deliver cost effective development solutionsDevelop project development spend budgets and manage to most cost effective outcome Project Execution Support and leading bank, investor and off-taker due diligence in an effort to close on lender financing, equity capital, and offtake agreementsPerform post financial close and NTP support of all project execution / construction – eg construction permitting, local authority approvals, transmission interconnect, gas interconnect, water interconnect, ERCOT commissioning, plant start-upServe as IE interface and management during construction and loan drawsPerform equity partner due diligence / Q&A supportManage all project execution reporting requirements associated with lending partners Deal Development Work and develop analytics around market and commercial structure with third parties like ICF, Leidos, Ascend Analytics and PA ConsultingIdentify and develop commercial market opportunity and develop a deal structure and aggregating component pieces into a financeable projectWork with battery suppliers, renewable developers / owners, offtake hedge providers to assemble a viable project commercial structureBuild pro formas in cooperation with internal modeling expertise to screen and develop projects to financeable maturityLender and investor interface on raising capital around the WattBridge platformDevelop market CIM / presentation material to support lender, off-taker and investor outreachDevelop and manage a green hydrogen production model in concert with internal modeling expertise that advances WattBridge efforts towards a green hydrogen projectProve out our 100% hydrogen burn capability as a means to fully “green” the WattBridge platform by working in concert with internal ProEnergy engineering, design and manufacturing personnel Required Qualifications Bachelor Degree; Degree in Engineering preferred10+ years of power generation and/or industry related experienceProven project management experience involving large multi-functional tasks and multiple counterpartiesDemonstrated technical, economic and commercial evaluation in supporting decision makingP&L improvement experience in power generation portfoliosProven experience leading and managing multi-functional teamsMust read, write and speak fluent English.Successful candidate will need to satisfactorily complete pre-employment drug screen and background checkUS work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa. Desired Qualifications Uses technical, quantitative, analytical and professional knowledge to deliver innovative project solutionsObtains and applies knowledge of competitive business practices in daily work activities and decision makingWorks effectively in a multi-function / skill environment bringing various stakeholders together to achieve a common project goalSeeks and understands the customer/client’s needs and focuses on meeting and exceeding their expectationsAnalytical problem solving and critical thinking skills used to deliver cost effective and efficient solutionsAnticipates and accepts changes in the organization and adapts to meet the new requirements.Uses data to make and optimize decisionsAble to understand problems with multiple variables and incomplete information and formulate solutions and make decisions in a dynamic environmentRequires operation of a motor vehicle; Valid State Driver’s License It is PROENERGY’s policy to provide equal opportunity in employment to all its employees and applicants for employment without regard to race, color, religion, sex, pregnancy, age, disability, national origin, marital status, ancestry, medical condition, military status, or any other characteristic protected by State or Federal law.

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