Puget Sound Energy

Commercial Acquisition 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

  • Lead and coordinate all commercial functions including negotiations and project oversight
  • Develop and implement acquisition/divestiture strategies and evaluate potential transactions
  • Shepherd transactions through commercial negotiations and closing
  • Represent PSE's interests in commercial development agreements with outside parties
  • Lead the resource acquisition RFP process and due diligence reviews including financial, engineering, operations, environmental, legal, and real estate reviews
  • Oversee and lead negotiations of business deals including acquisitions, development projects, purchase and sales agreements, O&M agreements, real estate agreements, interconnection agreements, and service agreements
  • Ensure all conditions are met related to deal closing and that transactions are successfully closed
  • Support regulatory affairs in demonstrating prudence of transactions, including preparing and providing testimony in WUTC rate cases
  • Manage external vendors, setting scope, providing direction and approving work
  • Uphold safety compliance standards and promote a culture of total safety
  • Perform 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 of relevant work experience
  • Five (5) years of 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
  • Ability to contemporaneously document evaluation, due dilligence, 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
  • (Desired) Experience developing utility-scale power projects, renewable energy and storage projects
  • (Desired) Experience negotiating power purchase agreements and asset acquisitions
  • (Desired) Experience working in the energy markets of the Pacific Northwest and WECC region
  • (Desired) Familiarity with the Washington State regulatory environment for electricity
  • (Desired) Utility scale asset management or asset evaluation experience
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