Corporate Development Director

Xcel Energy Inc; Denver, Northern (CO, KY); Hybrid; USD 148,000 - 211,000; Full time

Benefits offered by this job

Annual Incentive Program

Long Term Incentive

Medical/Pharmacy Plan

Dental

Vision

Life Insurance

Dependent Care Reimbursement Account

Health Care Reimbursement Account

Health Savings Account (HSA)

Limited-Purpose FSA (HSA)

Transportation Reimbursement Account

Short-term disability

Long-term disability

Employee Assistance Program

Fitness Center Reimbursement

Tuition reimbursement

Transit programs

Employee recognition program

Pension

401(k) plan

Paid time off

Job summary

Xcel Energy is seeking a Corporate Development Director in Denver to lead high‑impact acquisitions, divestitures, and joint ventures. You will drive valuation, due diligence, and risk assessment, coordinating cross‑functional teams to support strategic investments and regulatory approvals.

You will build investment cases, mentor staff, and ensure execution of portfolio plans while aligning with company objectives and financial performance. Colorado-based, occasional travel required.

Qualifications

• Bachelor's degree in a technical or financial field required; MBA preferred.
• Ten years’ experience in acquisitions and divestitures, or equivalent corporate development experience.
• Demonstrated skilled negotiator.
• Excellent written and verbal communication skills.
• Demonstrated financial analysis and modeling capability.
• Deep knowledge of transaction-related tax, accounting, legal, and human resource issues.
• Capable of integrating technical and business judgment.
• Ability to work well within a team, and to successfully lead and interact with individuals at all levels of the organization.
• Experience in, or extensive knowledge of, an energy related field.
• Must be available to work additional hours. Overnight travel as needed.

Responsibilities

• Lead Corporate Development strategies and negotiate multiple large, complex transactions.
• Coordinate and conduct financial valuations and due diligence reviews.
• Develop investment strategies and business cases for new opportunities.
• Support portfolio strategy, screening, and prioritization processes.
• Prepare materials for senior leadership and Board approvals.
• Coordinate regulatory approvals and train team members.

Skills

Negotiation

Communication

Financial analysis

Financial modeling

Teamwork

Energy sector knowledge

Education

Bachelor's degree

MBA preferred

Job description

Corporate Development Director

Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow? A position at Xcel Energy could be just what you’re looking for.

Position Summary

Identify, evaluate, negotiate, validate, and execute strategic acquisitions, divestitures, and joint ventures to enhance corporate financial performance, efficiency, and capabilities. Coordinate and execute financial valuations, due diligence reviews, and risk assessment of potential acquisitions or divestitures. Negotiate multiple large, complex transactions simultaneously. Provide a consistent methodology for assessment of new corporate development opportunities. Identify areas/segments for new investment opportunities and develop strategies/build business cases for executing on strategies. Lead individual Corporate Development Operating Company strategies, pipeline development, and portfolio execution. Implement and improve the process for screening and prioritization of industry opportunities and competitive threats. Review and assess business expansion opportunities against screening criteria. Provide support and guidance to business units in assessing and developing new corporate development initiatives. Prepare materials supporting transactions for senior leadership and Board review and approval. Coordinate and contribute to the efforts to gain regulatory approvals of proposed transactions. Provide guidance and training to corporate development team members.

Essential Responsibilities

• Provide leadership to the Corporate Development team in developing and managing one or more Operating Company Corporate Development Strategies. Independently negotiate multiple large, complex transactions simultaneously. Identify/build investment rategies for entry into new business segments/asset classes. Direct the assessment of potential business expansion opportunities, including acquisitions, divestitures, or joint ventures for financial contribution and strategic fit. Conduct financial evaluations and due diligence reviews of potential opportunities. Coordinate and participate in transaction negotiations.
• Provide guidance and support to business units in assessing and developing new corporate development initiatives which are consistent with company strategic and financial objectives.
• Maintain and continuously improve a consistent methodology for the screening and prioritization of business opportunities and resource allocation. Review and screen business expansion opportunities against screening criteria.
• Evaluate the company's portfolio of businesses and assess the gaps that exist in the corporation relative to capabilities, markets, business scope, and investment risk/return, and recommend approaches to close those gaps.
• Coordinate and conduct the project management of corporate development opportunities that have been approved for implementation.
• Coach and develop staff in all areas of Corporate Development deal identification.

Minimum Requirements

• Bachelor's degree in a technical or financial field required. MBA preferred. Will consider equivalent combination of knowledge/capabilities from experience and education.
• Ten years’ experience in acquisitions and divestitures, or equivalent corporate development experience.
• Demonstrated skilled negotiator.
• Excellent written and verbal communication skills.
• Demonstrated financial analysis and modeling capability.
• Deep knowledge of transaction-related tax, accounting, legal, and human resource issues.
• Capable of integrating technical and business judgment.
• Ability to work well within a team, and to successfully lead and interact with individuals at all levels of the organization.
• Experience in, or extensive knowledge of, an energy related field.
• Must be available to work additional hours. Overnight travel as needed.

As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you’re ready to be a part of something big, we invite you to join our team.

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Individuals with a disability who need an accommodation to apply please contact us at [e-mail].

Non-BargainingThe anticipated starting base pay for this position is: $148,400.00 to $210,733.00 per yearThis position is eligible for the following benefits:

• Annual Incentive Program
• Long Term Incentive
• Medical/Pharmacy Plan
• Dental
• Vision
• Life Insurance
• Dependent Care Reimbursement Account
• Health Care Reimbursement Account
• Health Savings Account (HSA) (if enrolled in eligible health plan)
• Limited-Purpose FSA (if enrolled in eligible health plan and HSA)
• Transportation Reimbursement Account
• Short-term disability (STD)
• Long-term disability (LTD)
• Employee Assistance Program (EAP)
• Fitness Center Reimbursement (if enrolled in eligible health plan)
• Tuition reimbursement
• Transit programs
• Employee recognition program
• Pension
• 401(k) plan
• Paid time off (PTO)
• Holidays
• Volunteer Paid Time Off (VPTO)
• Parental Leave

Benefit plans are subject to change and Xcel Energy has the right to end, suspend, or amend any of its plans, at any time, in whole or in part.

In any materials you submit, you may redact or remove age-identifying information including but not limited to dates of school attendance and graduation.You will not be penalized for redacting or removing this information.

Deadline to Apply: 10/04/26

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ACCESSIBILITY STATEMENT

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