Portfolio Manager - Power Purchase

NextGenEnergyJobs; Denver (CO); Hybrid; USD 90,000 - 120,000; Full time

Job summary

NextGenEnergyJobs is seeking a detail-oriented contract professional to negotiate and administer long-term power purchase agreements with IPPs. You will support model contracts, coordinate with legal, and ensure compliance across the portfolio.

The role requires a Bachelor's degree in a relevant field and 2+ years in energy contract work, with strong communication and analytical abilities to thrive in a collaborative, regulated environment.

Qualifications

• Bachelor's degree or equivalent experience in a relevant field.
• 2+ years in energy industry with contract or asset management experience.
• Experience with regulatory issues related to power procurement or contracts.

Responsibilities

• Negotiate and administer long-term power purchase agreements and related documents between utilities and IPPs.
• Support development of new model contracts and coordinate with legal counsel on amendments and metering/billing agreements.
• Manage contract terms, monitor compliance, and provide governance for IPP facilities.

Skills

Interpersonal skills

Analytical ability

Organizational skills

Communication skills

Education

Bachelor's degree in engineering, business, economics, finance, or similar

Job description

Connected, Committed, Trustworthy, Safe

Responsibilities

• Negotiate and administer long-term power purchase agreements and associated legal documents between Xcel Energy and independent power producers (IPPs), to meet customer needs, minimize cost, and optimize the power supply portfolio.
• Under the guidance of the Power Purchase (PP) leadership, support the negotiation of long-term power purchase agreements and development of new model contracts. Work with legal counsel to independently negotiate associated documents including, but not limited to, amendments, financing documents, and metering & billing agreements. Work closely with legal counsel and PP leadership to maximize risk mitigation and supplier performance.
• Manage and monitor long-term contract terms and conditions to ensure counterparty compliance. Provide performance governance for facilities in the IPP portfolio across the operating companies.
• Demonstrates effective contract management and ensures effective collaboration of multi-disciplinary teams needed to coordinate the activities between the company and power project developers to ensure facilities come on-line as planned and provide the service contracted for.
• Maintain frequent contact and strong internal business relationships across the Company. Develop a solid professional working relationship with the Company's IPPs. Identify and develop effective solutions to contract issues - identify ways to improve purchase value and optionality. Resolve basic party disputes.
• Initiate and receive timely approval of contracts and related documents through internal approval processes, including contract development, approval, and delegation committees and executive approval. Support Regulatory filings and internal/external data requests by thoroughly understanding and providing contract and transaction details as needed and drafting testimony and answering intervener interrogatories for management review.

Requirements

• Bachelor's degree in engineering, business, economics, finance, or similar, or otherwise equivalent experience.
• Minimum 2 years experience in energy industry including significant experience working on contract or asset management and other detailed technical power generation matters, working on legislative and/or regulatory issues related to power procurement, and negotiating and administering contracts.
• Strong interpersonal, analytical, organizational, and communication skills.
• Previous experience in system operations, regulatory affairs, contract law or system planning is a plus.
• Our culture is grounded in shared values and employee commitments that guide how we work, support one another, and grow together.