Manager, Power Origination and Commercial

SkyVest; Houston (TX); Hybrid; USD 140,000 - 190,000; Full time

Benefits offered by this job

Annual bonus

Healthcare plans

401(k) plan with employer match

Flexible schedule

Job summary

SkyVest Renewables, a renewable power platform, seeks a Manager of Power Origination and Commercial to structure and negotiate PPAs and other offtake arrangements for its wind, solar, and BESS assets. You will evaluate commercial opportunities with Finance, optimize deal terms, and manage relationships with potential offtakers including utilities and corporate customers.

The role reports to the VP, Head of Origination and requires collaboration across Finance, Legal, and Operations.

Qualifications

• Minimum 5 years experience in power marketing, origination, transactions, or project financing.
• Degree in finance, economics, business, engineering, or related field.
• Knowledge of financing structures and PPA contract scenarios.

Responsibilities

• Identify and pursue long-term PPAs and other offtake arrangements for operating wind, solar and BESS projects.
• Structure and negotiate commercial solutions balancing offtaker requirements with asset profitability.
• Develop detailed structuring models with Finance to evaluate PPA structures and pricing.
• Serve as the contact for utilities, energy retailers, corporate customers and other offtakers.
• Build relationships and source new origination opportunities.
• Support RFP processes as necessary.
• Collaborate with Finance to ensure PPA structures align with financing strategies.
• Work with Legal to finalize PPAs and related contracts.
• Track market trends to inform leadership on pricing and origination strategy.

Skills

Power origination

PPA finance

Financial modeling

Wholesale markets

Communication

Deal structuring

Education

Bachelor's degree

Job description

Manager, Power Origination and Commercial

Location: Newtown, PA or Houston, TX
Reports to: VP, Head of Origination

SkyVest Renewables

SkyVest is a renewable power generation platform backed by ArcLight Capital Partners(“ArcLight”). Through affiliates of ArcLight, SkyVest acquires, operates and optimizes operating utility-scale wind, solar and BESS assets throughout the U.S. SkyVest strives to maximize the potential of its assets and create enduring value for its customers, communities, employees and investors. ArcLight formed SkyVest with the vision of building a leading, multi-billion-dollar platform for its renewable investments, similar to its Alpha Generation platform for thermal generation assets. Since its launch in July 2024, SkyVest has grown its asset portfolio to nearly 1 GW, comprised of wind and solar assets in PJM, ERCOT, CAISO and MISO.

About ArcLight Capital Partners

ArcLight is a leading private equity firm focused on energy and infrastructure, founded in 2001. With deep sector expertise, ArcLight has invested in more than 65 gigawatts of power generation and over 47,000 miles of transmission and distribution infrastructure, representing approximately $80 billion in total enterprise value. The firm is known for its operationally driven investment approach and maintains a large internal team alongside a network of over 2,000 asset management professionals. ArcLight has a strong track record in renewables and energy transition assets, including solar, battery storage, hydroelectric, and natural gas infrastructure.

About This Position

We are seeking a motivated, detail-oriented individual to join the team as Manager, Power Origination and Commercial. This role will be responsible for structuring and negotiating power purchase agreements (PPAs) and other offtake arrangements to optimize revenue for the assets. This individual will work closely with the Finance team and other internal teams to evaluate commercial opportunities, develop creative transaction structures, and optimize deal terms to maximize project value and manage risk. This person will also help manage relationships with potential offtakers, including utilities, energy retailers, and corporate customers.

This role reports to the VP, Head of Origination.

Key Responsibilities

• Identify and pursue long-term PPAs and other offtake arrangements for operating utility-scale wind, solar and BESS projects
• Structure and negotiate commercial solutions that balance offtaker requirements with asset profitability
• In partnership with the Finance team, develop detailed structuring models to evaluate potential PPA structures and pricing scenarios as they relate to revenue and risk exposure
• Serve as the point of contact for utilities, energy retailers, corporate customers, and other offtakers throughout the negotiation process
• Build strong relationships and maintain a network to source new origination opportunities
• Support RFP processes as necessary
• Work closely with the Finance team to ensure compatibility of PPA structures with financing strategies
• Collaborate with Legal to negotiate and finalize PPAs and related contract documentation
• Track and monitor market trends to inform leadership of pricing and origination strategy

Qualifications and Skills

• Minimum 5 years of relevant experience in power marketing, origination, transactions, or project financing within the power or renewable industry
• Bachelor’s degree in finance, economics, business, engineering, or a related field
• Demonstrated knowledge of financing structures and how to integrate analytics into PPA contract scenarios
• Working knowledge of how PPAs interact with project financing strategies
• Strong understanding of the wholesale power markets, utility RFP processes, and project economics
• Basic financial modeling skills
• Excellent written and verbal communication skills, ability to present complex financial and commercial details to leadership teams and external counterparties

Preferred Background

• Working knowledge of PJM, ERCOT, CAISO, SPP and MISO a plus
• MBA a plus, but not required
• Familiar with renewable project financing strategies, such as tax equity, debt financing, cash equity

Physical and Sensory Requirements

• Mostly sedentary work; using standard office equipment including: a computer, keyboard, and telephone.
• Position is based in either Houston, TX, or Newtown, PA, with a hybrid work schedule
• Position requires 20% travel to other SkyVest and ArcLight offices, as well as to meetings, conferences/networking events

Total Rewards

SkyVest offers a total rewards package designed to attract and retain top talent in the utility-scale renewable industry.

• competitive compensation commensurate with experience
• an annual bonus target tied to individual and company performance
• cost-effective healthcare plans
• a 401(k) plan with an employer match that vests immediately
• a flexible working environment and schedule

SkyVest is committed to equal employment opportunity and does not base employment decisions on race, color, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth, lactation, and related medical conditions), gender identity or expression, sexual orientation, marital status, protected veteran or military status, disability, protected medical condition, genetic information, or any other characteristics protected by applicable federal, state, or local laws.