About this opportunity
SkyVest lists this Manager, Power Origination and Commercial opportunity in houston, Texas. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Manager, Power Origination and Commercial
Location: Newtown, PA or Houston, TX
Reports to: VP, Head of Origination
SkyVest Renewables
SkyVest is a renewable power generation platform backed by ArcLight Capital Partners(“ArcLight”). Through affiliates of ArcLight, SkyVest acquires, operates and optimizes operating utility-scale wind, solar and BESS assets throughout the U.S. SkyVest strives to maximize the potential of its assets and create enduring value for its customers, communities, employees and investors. ArcLight formed SkyVest with the vision of building a leading, multi-billion-dollar platform for its renewable investments, similar to its Alpha Generation platform for thermal generation assets. Since its launch in July 2024, SkyVest has grown its asset portfolio to nearly 1 GW, comprised of wind and solar assets in PJM, ERCOT, CAISO and MISO.
About ArcLight Capital Partners
ArcLight is a leading private equity firm focused on energy and infrastructure, founded in 2001. With deep sector expertise, ArcLight has invested in more than 65 gigawatts of power generation and over 47,000 miles of transmission and distribution infrastructure, representing approximately $80 billion in total enterprise value. The firm is known for its operationally driven investment approach and maintains a large internal team alongside a network of over 2,000 asset management professionals. ArcLight has a strong track record in renewables and energy transition assets, including solar, battery storage, hydroelectric, and natural gas infrastructure.
About This Position
We are seeking a motivated, detail-oriented individual to join the team as Manager, Power Origination and Commercial. This role will be responsible for structuring and negotiating power purchase agreements (PPAs) and other offtake arrangements to optimize revenue for the assets. This individual will work closely with the Finance team and other internal teams to evaluate commercial opportunities, develop creative transaction structures, and optimize deal terms to maximize project value and manage risk. This person will also help manage relationships with potential offtakers, including utilities, energy retailers, and corporate customers.
This role reports to the VP, Head of Origination.
Key Responsibilities
Identify and pursue long-term PPAs and other offtake arrangements for operating utility-scale wind, solar and BESS projects
Structure and negotiate commercial solutions that balance offtaker requirements with asset profitability
In partnership with the Finance team, develop detailed structuring models to evaluate potential PPA structures and pricing scenarios as they relate to revenue and risk exposure
Serve as the point of contact for utilities, energy retailers, corporate customers, and other offtakers throughout the negotiation process
Build strong relationships and maintain a network to source new origination opportunities
Support RFP processes as necessary
Work closely with the Finance team to ensure compatibility of PPA structures with financing strategies
Collaborate with Legal to negotiate and finalize PPAs and related contract documentation
Track and monitor market trends to inform leadership of pricing and origination strategy
Qualifications and Skills
Minimum 5 years of relevant experience in power marketing, origination, transactions, or project financing within the power or renewable industry
Bachelor’s degree in finance, economics, business, engineering, or a related field
Demonstrated knowledge of financing structures and how to integrate analytics into PPA contract scenarios
Working knowledge of how PPAs interact with project financing strategies
Strong understanding of the wholesale power markets, utility RFP processes, and project economics
Basic financial modeling skills
Excellent written and verbal communication skills, ability to present complex financial and commercial details to leadership teams and external counterparties
Preferred Background
Working knowledge of PJM, ERCOT, CAISO, SPP and MISO a plus
MBA a plus, but not required
Familiar with renewable project financing strategies, such as tax equity, debt financing, cash equity
Physical and Sensory Requirements
Mostly sedentary work; using standard office equipment including: a computer, keyboard, and telephone.
Position is based in either Houston, TX, or Newtown, PA, with a hybrid work schedule
Position requires 20% travel to other SkyVest and ArcLight offices, as well as to meetings, conferences/networking events
Total Rewards
SkyVest offers a total rewards package designed to attract and retain top talent in the utility-scale renewable industry.
competitive compensation commensurate with experience
an annual bonus target tied to individual and company performance
cost-effective healthcare plans
a 401(k) plan with an employer match that vests immediately
a flexible working environment and schedule
SkyVest is committed to equal employment opportunity and does not base employment decisions on race, color, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth, lactation, and related medical conditions), gender identity or expression, sexual orientation, marital status, protected veteran or military status, disability, protected medical condition, genetic information, or any other characteristics protected by applicable federal, state, or local laws.
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Worksite address
houston, TX, 77246, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.