ABOUT AVANTUS
Avantus is shaping the future by making reliable, low-cost clean energy a global reality. Our legacy of leadership in next generation solar energy includes developing one of the nation’s largest solar clusters and one of the first projects to beat fossil fuel prices back in 2016. Today, we are expanding the boundaries of existing technologies to build one of the largest portfolios of smart power plants with integrated storage, capable of providing millions of people with affordable, zero-emission energy – day and night. Through our relentless pursuit of better, we are decarbonizing our planet at the gigaton level, and bringing the advantages of clean energy to all of us.
ABOUT THE POSITION
We are seeking a skilled and experienced individual to join our Origination team. The Vice President, Origination would join our team of Originators who source, negotiate, and execute Power Purchase Agreements (“PPA”) and other structured power offtake arrangements. This position would also initiate new business development efforts in growing areas of the renewables landscape. The position requires an individual who thrives in a fast-paced, unstructured environment, constantly collaborating with various internal and external teams to meet customer driven deadlines. The individual would ultimately be responsible for managing customer bids and meetings, performing various market analyses and supporting efforts to optimize new product structures.
ESSENTIAL FUNCTIONS AND RESPONSIBILITIES
- Work closely with project team to source, negotiate and execute Purchase Power Agreements and other complex solar and battery energy storage offtake arrangements.
- Create new and build upon existing key relationships with utilities, municipals and corporate offtake partners.
- Coordinate with development, finance, engineering and other departments to develop bespoke solutions for customers, including a leading role in the underwriting of pricing and development of pitch materials for opportunities.
- Negotiate contract language in collaboration with legal team and other functional stakeholders to ensure PPA financeability.
- Evaluate market revenue potential and work with energy markets to develop project revenue forecasts.
- Communicate key deal points and present recommendations to executive management.
- Travel to customer meetings and relevant industry conferences.
- Role would focus on PPA opportunities in the western United States with emphasis on CAISO market and report into the Chief Commercial Officer.
REQUIRED SKILLS AND QUALIFICATIONS
- At least 10 years of experience in the energy industry.
- Minimum four-year bachelor's degree in a relevant discipline, MBA preferred.
- Must have extensive experience in long term energy procurement structures and technologies.
- Must have experience and knowledge of renewable generation technologies.
- Must have knowledge of regulatory policies, rates and tariffs and electric transmission.
- Proven ability to lead a team.
- Solid understanding of economic drivers for renewable energy projects.
- Independent self-starter who can meet deadlines and deliver quality products with minimal oversight.
- Demonstrated ability to translate contracts into concise financial and economic analysis.
- Detail-oriented with a strong sense of personal responsibility and ownership of work product.
- Excellent personal organizational, pattern recognition, and negotiation skills.
#LI-Remote
Avantus offers competitive compensation with an excellent benefits package, including 401(k) matching; comprehensive medical and dental plan options; and flexible PTO. We are an equal-opportunity employer.
The typical US base salary range for this full-time position is listed below (plus bonus and benefits). Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific salary range for your preferred location during the hiring process. Please note that the compensation details listed in US role postings reflect the base salary only, and do not include bonus and benefits.