Regulated Infrastructure Development Manager - NEW GENERATION RESOURCE DEVELOPMENT

aep

Columbus (OH)

On-site

USD 137,000 - 177,000

Full time

3 days ago
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Benefits offered by this job

Health insurance
Pension
Educational assistance
Vacation

Job summary

AMERICAN ELECTRIC POWER (AEP) in Columbus, OH seeks a senior professional to manage the acquisition and development of generation and storage assets aligned with the Integrated Resource Plan. You will lead a cross-functional team, negotiate Power Purchase Agreements, and drive RFP processes from content creation to selection, ensuring regulatory alignment.

The role emphasizes safety, collaboration, and innovation, with responsibilities spanning due diligence, stakeholder engagement, and

Qualifications

  • Knowledge and proficiency in Microsoft Office (Word, Excel, Outlook, Power Point).
  • Strong organizational, time management, and accounting skills.
  • Proficient in discounted cash flow modeling and the ability to clearly articulate impacts of risks.
  • Ability to communicate in effective, concise, and persuasive ways.
  • Ability to work professionally with customers, contractors, and development partners.

Responsibilities

  • Manage resources necessary to identify, solicit via RFP and pursue generation asset investment opportunities.
  • Lead or support complex high value ($10 M - $500 M) contract negotiations.
  • Develop and structure associated RFPs and manage the RFP process from content to Q&A to proposals.
  • Support regulatory approval processes and provide SME testimony as required.
  • Facilitate communication between AEP's corporate departments and project operations managers.
  • Contribute to Integrated Resource Plans (IRP) and regulatory approvals of generation transformation goals.

Skills

Microsoft Office
Analytical skills
Communication skills
Project management

Education

Bachelor's degree in Business/Economics/Engineering
Graduate degree a plus

Job description

Job Summary

Infrastructure Development Group is responsible for identifying and securing generation resources to serve AEP's growing demand for new generation. This role is responsible for managing processes and team members associated with the acquisition and development of generation and storage components of the Integrated Resource Plan. Other responsibilities include supporting the development and execution of operating company strategies and asset investment opportunities. Provides AEP Regulated Operating Companies and their customers with value added asset solutions utilizing renewables, storage, natural gas and emerging technologies. Enhance company value through implementing processes, managing processes associated with multi-disciplinary groups (i.e. engineering, projects, regulatory, legal, accounting, tax, finance, commercial operations, innovation and technology) in meeting strategic requirements and goals. Drive execution of AEP's regulated generation transformation plan.

Job Description
WHAT YOU'LL DO
  • Manage resources necessary to identify, solicit via request for proposals (RFP) and pursue generation asset investment opportunities including analysis, due diligence, screening and the direct negotiation / execution of definitive asset and power purchase agreements.
  • An extremely important component of this work stream is the management of team members, including other Company-wide subject matter experts and 3rd Party consultants, in pursuit of successful transactions.
  • Lead or support complex high value ($10 M - $500 M) contract negotiations associated with adding new generation resources.
  • Duties also include responsibility for the negotiation of Power Purchase Agreements.
  • Working within the outline of the IRP and ongoing management goals, develop and structure associated Request for Proposals (RFP).
  • Manage the RFP process, including development of RFP content and format of the operating company's RFP web page, managing the Q&A process, receipt of proposals, processing of proposals, distribution of proposal data to internal subject matter experts for due diligence, summarizing of proposal data, and implementation of quality control processes.
  • Support the OPCO regulatory approval process for related generation transactions, including acting as a subject matter expert (SME) by providing written and/or oral testimony and participating in hearings, as required.
  • Facilitate communication and issue resolution between AEP's corporate departments, external parties and project operations managers.
  • Participate in the development of each of the regulated operating company's Integrated Resource Plans (IRP) by providing necessary information to support AEP's regulated generation transformation goals and regulatory approval of same.
  • Promote a cooperative working environment with an emphasis on safety, good utility practice, and innovation.
  • Consult and provide input to key stakeholders regarding due diligence, analysis, strategic decisions and regulatory matters
  • Prepare and/or assist in the preparation of internal and external presentations.
  • Promote a cooperative working environment with an emphasis on safety, culture, good utility practice and innovation.
WHAT WE'RE LOOKING FOR
  • Education : Bachelor's degree in Business, Economics, Engineering, or a relevant field. Graduate degree a plus.
  • Experience : Seven (7) years' experience with an electric utility or energy marketing firm with at least two years' experience in a commercial role.
  • OTHER REQUIREMENTS:
    • Knowledge and proficiency in Microsoft Office (Word, Excel, Outlook, Power Point).
    • Strong organizational, time management, and accounting skills.
    • Proficient in discounted cash flow modeling and the ability to clearly articulate impacts of risks.
    • Ability to communicate in effective, concise, and persuasive ways.
    • Ability to work professionally with customers, contractors, and development partners.
    • Ability to travel as needed to engage in development opportunities.
WHAT YOU'LL GET
  • Base Salary: approximately $137K - $177K
  • In addition to base salary, AEP offers competitive Total Rewards including: discretionary annual incentive, 401(k), pension, health insurance, vacation, educational assistance, etc.
WHO WE ARE

At AEP, we're more than just an energy company - we're a team of dedicated professionals committed to delivering safe, reliable, and innovative energy solutions. Guided by our mission to put the customer first, we strive to exceed expectations by listening, responding, and continuously improving the way we serve our communities. If you're passionate about making a meaningful impact and being part of a forward-thinking organization, this is the company for you!

AMERICAN ELECTRIC POWER (on-site)

$137K - $177K / Year

Compensation Data
  • Compensation Grade: SP20-010
  • Compensation Range: $136,539.00 - $177
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