Development Manager - Renewables

Puget Sound Energy; Bellevue (WA); On-site; USD 125,000 - 207,000; Full time

Benefits offered by this job

Competitive benefits

Paid time off

401(k) plan

Job summary

Puget Sound Energy is seeking a Development Manager - Renewables to lead commercial development of energy infrastructure, including self-build and acquisitions, across generation, transmission, and real estate assets in the Pacific Northwest.

You will coordinate with legal, engineering, finance, regulatory and operations teams, negotiate complex transactions, and advance projects from due diligence through closing, while upholding safety and compliance and supporting PSE's growth and renewable

Qualifications

• Bachelor's degree in engineering, finance, economics, business administration, or equivalent combination of education and/or work experience; plus 7 years relevant work experience.
• 5 years increasing responsibility in the utility, oil, gas or independent power sector and experience in project development or commercial acquisitions.
• Demonstrated experience and ability to lead and influence cross-functional teams and stakeholders.

Responsibilities

• Leads the development of PSE's generation self-build opportunities and creates development proposals to be evaluated in the Company's RFP process.
• Leads the planning and development of PSE's transmission development as required to support PSE generation requirements in the region.
• Oversees and leads negotiations of business deals including acquisitions and development projects and related 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, including testimony in rate cases.
• Develops and maintains knowledge of governance requirements related to separation of functions during competitive bidding.
• Manages external vendors setting scope, providing direction and approving work.
• Performs other duties as assigned.

Skills

Cross-functional leadership

Financial analysis

Negotiation

Education

Bachelor's degree in engineering, finance, economics, business administration, or equivalent combination of education and/or work experience

MBA or related post graduate degree

Job description

Puget Sound Energy is looking to grow our community with top talented individuals like you! With our rapidly growing, award winning energy efficiency programs, our pathway to an exciting and innovative future is now.

PSE's Energy Resource Development team is looking for qualified candidates to fill an open Development Manager - Renewables position!

Specific details regarding the work arrangements for this position will be discussed in further detail during the interview process.

Job Description

Help shape the future of energy in the Pacific Northwest. Lead the commercial strategy behind transformative energy infrastructure investments that strengthen grid reliability, support clean energy goals, and power communities for generations to come.

Lead the commercial development and execution of strategic energy infrastructure investments, including acquisitions, joint ventures, partnerships, and self-build projects across generation, transmission, distribution, and real estate assets. Identify and advance high-value investment opportunities, direct due diligence efforts, secure management approvals, and negotiate complex transactions that support PSE's growth and resource planning objectives.

Provide leadership to cross-functional teams spanning legal, engineering, finance, regulatory, environmental, and operations functions, ensuring successful project advancement and execution. Serve as PSE's primary commercial representative with developers, investors, utilities, governmental agencies, and other stakeholders, driving negotiations, managing risk, maximizing value, and supporting the successful delivery of critical energy infrastructure projects.

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.

Demonstrates commitment to conduct business honestly, ethically and consistent with our core values and Code of Conduct. Ensures duties are performed in accordance with all regulatory compliance obligations.

Job Responsibilities

• Leads the development of PSE's generation self-build opportunities and creates development proposals to be evaluated in the Company's RFP (request for proposal) process. Responsible to create or oversee financial feasibility analyses, engineering plans, operational plans, environmental strategies, legal review and real estate review.
• Leads the planning and development of PSE's transmission development as required to support PSE generation requirements in the region. Responsible to 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.

Minimum Qualifications

• Bachelor's degree in engineering, finance, economics, business administration, or equivalent combination of education and/or work experience; plus 7 years relevant work experience.
• 5 years increasing responsibility in the utility, oil, gas or independent power sector and experience in project development or commercial acquisitions.
• Strong business and financial analytical skills with capability to analyze a wide array of business challenges.
• 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 Qualifications

• MBA or related post graduate degree.

Additional Information

At PSE, we value our employees and provide them with opportunities to excel. We offer a competitive and comprehensive total rewards package. To learn more about why PSE is a great place to work, see our Employee Value Proposition, which highlights our commitment to employee growth, work-life balance, and meaningful career opportunities in the energy sector.

The pay range for this position is$124,600.00-$207,400.00, and this position is eligible for annual goals based incentive bonuses.

PSE offers a suite of benefits to our employees. Employees are eligible for medical, dental, vision, basic life, and short- and long-term disability insurance. There are additional voluntary options of supplemental life insurance, accidental death and dismemberment insurance, flexible spending accounts for health care and dependent daycare, and an Employee assistance program (EAP). For long term savings, PSE offers a 401(k) investment option and a cash balance retirement plan. Employees will also receive Paid Time Off (PTO) and Paid Holidays throughout the calendar year.Detailed benefit overviews can be found on our Career page - Why Work For Us (pse.com).

Families and businesses depend on PSE to provide the energy they need to pursue their dreams. Our steadfast commitment to serving Washington communities with safe, dependable and efficient energy started in 1873. Today we're building the Northwest's energy future through efforts like our award winning energy efficiency programs and our leadership in renewable energy.

Puget Sound Energy is committed to providing equal employment opportunity to all qualified applicants. We do not discriminate on the basis of race, color, religion, sex, national origin, age, sexual orientation, gender identity, marital status, veteran status or presence of a disability that with or without reasonable accommodation does not prevent performance of the essential functions of the job, or any other category prohibited by local, state or federal law.

Should you have a disability that requires assistance and/or reasonable accommodation with the job application process, please contact the Human Resources Staffing department at [e-mail] or 425-462-3017.