Puget Sound Energy

Development Manager

Puget Sound Energy

full-time

Posted on:

Origin:  • 🇺🇸 United States • Washington

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Salary

💰 $120,400 - $200,400 per year

Job Level

SeniorLead

About the role

  • Leads and coordinates all commercial functions, including negotiations, project oversight, cross functional team management, and management approval in the acquisition, joint development, or self-build development of energy resources, real estate, distribution assets, and transmission assets
  • Develops and implements acquisition and development strategies, evaluates potential transactions and shepherds the transaction through commercial negotiations and closing
  • Represents the generation and transmission development interest on behalf of PSE's with outside parties
  • Upholds the safety compliance standards inherent in PSE’s operating and/or field procedures related to work responsibilities
  • Promotes and supports a culture of total safety
  • Ensures duties are performed in accordance with all regulatory compliance obligations
  • Coordinates planning and contracting for transmission to support PSE generation requirements in the region
  • Create or oversee financial feasibility analyses, engineering plans, operational plans, environmental strategies, legal review and real estate review
  • Oversees and leads negotiations of business deals critical to PSE's corporate growth strategy, including acquisitions and development projects, purchase and sales agreements, O&M agreements, real estate agreements, interconnection agreements, and service agreements
  • Ensures that all conditions are met related to deal closing and that transaction is successfully closed
  • Supports regulatory affairs in demonstrating prudence of transaction as needed, including preparing and providing testimony in WUTC rate cases
  • Develops and maintains up to date knowledge of governance requirements related to separation of functions; follows all associated rules and/or guidelines to ensure independence/separation from other PSE functions during competitive bidding situations
  • Manages external vendors setting scope, providing direction and approving work
  • Performs other duties as assigned

Requirements

  • Bachelor’s degree in engineering, finance, economics, business administration, or equivalent combination of education and/or work experience
  • 7 years relevant work experience
  • 5 years increasing responsibility in the utility, oil, gas or independent power sector
  • Experience in project development or commercial acquisitions
  • Strong business and financial analytical skills
  • Demonstrated experience and ability to lead and influence cross-functional teams and stakeholders
  • Excellent verbal and written communication skills, including ability to contemporaneously document evaluation, due diligence and negotiation initiatives for later prudence purposes
  • Ability to understand complex financial pro-formas and provide direction to analytical staff
  • Desired: MBA or related post graduate degree