Director, Capital Projects Development (Thermal)

Xcel Energy; Minneapolis, Saint Paul (MN, MN); On-site; USD 148,000 - 242,000; Full time

Benefits offered by this job

Annual Incentive Program

Long Term Incentive

Medical/Pharmacy Plan

Dental

Vision

Life Insurance

Pension

Job summary

Xcel Energy is seeking a Director, Capital Projects Development (Thermal) in Minnesota to lead strategic planning and development for generation, transmission, and distribution projects within a 5-year portfolio. The role requires coordinating multi-disciplinary teams to define project scope, business case, and execution strategies while aligning with regulatory and corporate goals.

In this leadership position, you will manage complex programs, drive financial and risk assessment, and partner

Qualifications

• Bachelor of Science degree in engineering, construction management or project management.
• Minimum of 10 years' combined experience in project management, engineering, construction, operations and/or maintenance for energy assets.
• Demonstrated knowledge of gas, electric distribution, transmission and/or energy supply business area functions.
• Minimum of 5 years' experience in leadership positions, including strategy development and implementation.
• Strong financial acumen, understanding of regulatory requirements and their business and operational implications.
• Registered Professional Engineer preferred.
• Project Management Professional preferred.
• Strong written and verbal communication skills.

Responsibilities

• Strategic planning and development of 5-year capital project portfolio across generation, transmission and distribution.
• Leads cross-functional teams for preliminary design and project development.
• Provides analysis, documentation, and testimony for regulatory filings and permits.
• Builds partnerships with Operations, operating companies, and corporate peers to share information and best practices.

Skills

Leadership experience

Strategic planning

Cross-functional collaboration

Financial acumen

Regulatory knowledge

Public speaking

Education

B.S. in engineering/construction management/project management

Advanced degree preferred

Job description

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.

Director, Capital Projects Development (Thermal)

Position Summary

Responsible for strategic planning and development for generation, transmission, electric distribution and/or gas systems. Provides leadership and coordination of multi-disciplinary teams in appraising, selecting, and defining the commercial, technical and performance characteristics for capital projects in the 5-year strategic plan consistent with corporate strategy, operational excellence, and industry best practices.

Essential Responsibilities

• Responsible for strategic system planning and development of the 5-year portfolio of major capital projects and programs involving the modification, expansion and innovation of generation, transmission, electric distribution, gas, clean fuels, and/or clean transportation systems. Execute development strategies for projects and programs that balance risk, system reliability, resource adequacy, financial investment, customer cost, and executability of complex projects and programs. Aggregates, priorities and optimizes the portfolio of proposed capital projects within and across the operating business unit, the operations enterprise and the operating company. Accountability can include significant capital projects per planning cycle.
• Leads cross functional teams to perform preliminary design and project development activities which result in robust foundation for packages for capital projects and programs. Performs tasks and activities to develop deliverables which include, but is not limited to, a defined project scope, justified business case, alternatives assessment, technology due diligence, cost estimates, project schedules, preliminary engineering designs, permitting strategy, procurement strategy, construction, and overall execution strategy. Provides assurance for the application of technical specifications, best practices and continuous improvement across capital project portfolio. Ensures an effective project handover to Operations and a robust feedback loop for continuous improvement.
• Provides technical analysis, supporting documentation, and testimony for public utility commission filings and permit filings, and submittal requirements. Obtains financial/tax incentives and grants, and regulatory approvals. Participates in public meetings and forums. Represents Xcel Energy in stakeholder meetings. Advances projects and programs to the Investment Review Council (IRC), Finance Council (FC) and board of directors per governance requirements.
• Establish and foster successful partnerships with Operations, Operating Companies and Corporate organizations. Develop and maintain effective relationships with other jurisdictional, business units and corporate peers, to ensure timely, effective information sharing and best practices implementation. Build and maintain external relationships in common areas of expertise.

Minimum Requirements

• Bachelor of Science degree in engineering, construction management or project management from an accredited college or university. Advanced degree preferred.
• Minimum of 10 years' combined experience in project management, engineering, construction, operations and/or maintenance for energy assets.
• Demonstrated knowledge of gas, electric distribution, transmission and/or energy supply business area functions.
• Minimum of 5 years' experience in leadership positions, including strategy development and implementation.
• Strong financial acumen, understanding of regulatory requirements and their business and operational implications.
• Registered Professional Engineer preferred.
• Project Management Professional preferred.
• Strong written and verbal communication skills.

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-Bargaining

The anticipated starting base pay for this position is: $148,400.00 to $241,900.00 per year

This 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: 09/30/26

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ACCESSIBILITY STATEMENT

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