Senior Director, Development - PJM
Do you want to work with high caliber professionals in a dynamic and growing company? Are you entrepreneurial, hard-working, and collegial? Are you committed to advancing the clean energy revolution? Join us at SB Energy, a leading company backed by SoftBank and Ares pairing cutting-edge innovation with best-in-class execution. Our Mission is to provide flexible renewable energy at scale, accelerating the global energy transition and benefiting our planet, customers, communities, and people.
SB Energy develops, constructs, and owns & operates some of the largest and most technically advanced renewable projects across the United States, with headquarters in Redwood City, CA. The company was launched in 2019 and has quickly become one of the largest solar and storage developer/IPPs in the U.S. With almost 3 gigawatts (GW) of renewable energy projects in operation or under construction and a multi-GW pipeline, SB Energy is building the renewable energy future – today. SB Energy also utilizes its strong culture of innovation to identify and incorporate new technology into our projects, including our AI-based digital platform, to deliver renewable energy that is local, reliable, and matched to load.
Come join us in accelerating the energy transition to cleaner, more sustainable sources of power!
Basic Function:
The Sr. Director of Development will lead the development of large-scale renewable projects within PJM (Pennsylvania-New Jersey-Maryland Interconnection), a key strategic power market for SB Energy. The successful candidate will be responsible for managing the development of solar and energy storage projects and execution into construction. The position will collaborate with the Strategy & Investments, Engineering, Capital Markets, Procurement, and Construction teams across the full project lifecycle from origination to commissioning.
Responsibilities:
- Lead and drive the development of large-scale renewable energy projects from initial project siting / acquisition, through permitting, design, interconnection approvals, contracting, financing and handover to construction.
- Lead SB Energy’s market development and business strategy in the PJM region.
- Manage and conduct due diligence on portfolio acquisitions, identify opportunities and risks, and define priorities among multiple project portfolios based on development metrics.
- Identify, structure transactions with, and oversee co-development partners to grow the overall development pipeline.
- Oversee project pro-forma models.
- Support the negotiation of critical project agreements including Module Supply Agreements, PPAs, IAs, EPC contracts and O&M agreements.
- Lead projects through financing due-diligence efforts.
- Collaborate with internal team and external consultant to evaluate the project site, project design, technology options and procurement strategies.
- Administer service agreements with development partners and manage the relationship with technical consultants, land experts and surveyors.
- Develop and manage project budgets and schedules and take a lead role in budget and forecast management, including coordinating project prioritization, and perform budget vs. actual analysis.
- Provide leadership and direction to development team managers and associates, and to cross-functional project teams.
- Identify new market and greenfield opportunities across the US.
Qualifications/Requirements:
- A minimum of a Bachelors degree in related field.
- Minimum 8 years of project development experience in the renewable energy industry.
- Proven problem-solver with a track record of successfully getting projects to NTP.
- Experience with project real estate rights, land contracting, title resolutions and ALTA surveys.
- Knowledge of environmental regulations, governmental rules and market trends that impact the project development in the target markets.
- Familiar with project grid interconnection, interconnection studies, interconnection agreements and process.
- Proficient with managing the project budget and schedule.
- Proven experience with project agreements such as MSAs, PPAs, EPC contracts and O&M agreements.
- Hands-on experience with the day-to-day management of projects and demonstrated track record of successfully planning and managing projects from start to finish.
- Self-starter with proven ability to lead diverse project teams in multiple regions.
- Strong verbal and written communications skills are essential.
- Experience and expertise with MS Office (word, excel), MS Project, and PowerPoint.
Location: San Francisco Bay Area; San Diego, CA; Denver, CO; Phoenix, AZ; Austin, TX or East Coast preferred but not required.Open to remote work.
The position requires up to 20% domestic travel.
Base Pay - $180,000 - $220,000
Actual compensation packages are based on several factors that are unique to each candidate, such as skill set, experience, certifications, specific work location, and other non-discriminatory factors permitted by law. Base pay may vary per location due to differences in the cost of living.
The total compensation package for this position may also include an annual discretionary bonus, full Health & Wellness Benefits package, and other applicable incentive perks as outlined in any formal offer made. The final compensation package will be discussed with the candidate during the final stages of the hiring process.
Our Health & Wellness Benefits
SB Energy’s Benefits programs are designed to support our team members and their families while keeping their well-being, happiness, and varying needs in mind. SB Energy employees may enroll in our benefits programs and take advantage of customized perks and offerings, including those designed to support families, however defined. We offer the following benefits to all team members:
- Comprehensive Medical, Dental, and Vision insurance: 100% premium covered by the company, for employees and dependents
- Long-Term Disability (LTD), Life Insurance, AD&D and Voluntary Legal Insurance Plan
- Competitive Retirement Benefits with 401(k) company match
- Generous Paid Time Off and 11 Paid Company Holidays
- Flexible working arrangements
- 12 weeks fully paid Parental Leave
- Flexible Spending Account (FSA) – Medical & Dependent FSA; Transit & Commuter FSA with employer contributions
- Mental Health Wellness Offerings
- Discounted Physical Wellness plan & Pet Insurance
- Monthly reimbursement for Phone/Internet/Data
- Phone Equipment Purchase Benefits
- Thoughtful Hybrid Workplace Set-up Benefits
Promote Sustainability with a Purpose - At SB Energy, you may choose to become a part of our ‘Just Renewables’ Committee and work along with team members who share a belief in pursuing our mission in such a way that empowers a diverse and inclusive workforce that advances social justice and equity for our employees as well as partners and communities!
SB Energy is committed to increasing the diversity of its workforce and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, creed, gender, national origin, age, disability, veteran status, marital status, pregnancy, sex, gender expression or identity, sexual orientation, citizenship, or any other legally protected class. SB Energy strives to create an inclusive culture and safe environment for all.
To learn more about us, visit www.sbenergy.com.
Mobilizing talent for a climate positive world