Senior Manager, Thermal Contracts

Invenergy, LLC; Chicago (IL); On-site; USD 155,000 - 190,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401k

Paid time off

Job summary

Invenergy, LLC in Chicago, IL is seeking a Senior Manager, Thermal Contracts to lead negotiation and drafting of EPC, BT, and equipment supply agreements for thermal projects. The role collaborates with procurement, engineering and finance to ensure contract exhibits reflect project requirements and risk.

You will drive negotiations to align terms with milestones and budgets, monitor exposures such as fuel and steel, and prepare executive updates.

Qualifications

• 7+ years in project development, project management or related roles.
• Experience with EPC, Build Transfer and Development Transfer agreements.
• Ability to articulate transactional risks and project impact.
• Excellent verbal and written communication and leadership.

Responsibilities

• Support drafting of EPC, BT and major equipment supply contracts for tenders.
• Lead contract negotiations to align terms with project objectives and budgets.
• Monitor budgets, cash flow and commodity exposure; provide regular reports.
• Coordinate with project managers, engineers and construction teams on contract terms.
• Support claims management, dispute resolution and change orders.

Skills

Negotiation

Contract management

Financial analysis

Communication

Team leadership

Risk assessment

Education

Bachelor's/Master's in business/finance/engineering

Job description

## Senior Manager, Thermal ContractsApplylocations: Chicago, IL: Denver Officetime type: Full timeposted on: Posted Todayjob requisition id: R10947Invenergy is North America’s largest privately held developer, owner, and operator of power infrastructure. With 25 years of trusted execution, we deliver reliable, affordable energy through a diverse portfolio that includes natural gas, solar, land-based wind, energy storage, transmission, and domestic manufacturing. Headquartered in Chicago, we develop, own, and operate large scale projects that power communities and support the energy future.This position will be open for application for at least 3 calendar days from the posting date. This position will remain open for application based on business need, which may be before or after the 3-day posting window.**Job Description****Position Overview** As the Senior Manager of Thermal Contracts, you will participate in the negotiation of agreements including Engineering, Procurement and Construction (EPC), Equipment Supply, and Build Transfer and Development Transfer agreements for thermal projects. The ideal candidate will possess the ability to comprehend, organize, and communicate the complex risks associated with these types of transactions. In addition, the candidate will have a strong understanding of project development and/or project management including development milestones, project schedule, and technical intricacies of a project. This is an ideal opportunity for a project developer or project manager looking to broaden their experience in commercial transactions.**Responsibilities:*** Support proposal evaluation by collaborating with procurement and technical teams to assess bids from a commercial perspective.* Support the drafting of agreements, including EPC, BT, and major equipment supply contracts (e.g., gas turbines, power transformers, HV switchgear), for inclusion in tender processes for vendor review and feedback, including contract exhibits.* Coordinate with bid/procurement teams to ensure project requirements and asset buyer requirements are accurately reflected in contract documents. Identify commercial risks in vendor proposals and develop mitigation strategies.* Support drafting and review of contracts during negotiations, incorporating feedback from internal and external stakeholders, with a focus on thermal industry standards and project-specific requirements, ensuring consistency across project contracts.* Lead contract negotiations to align terms with project objectives, build transfer agreements, budget, schedule, and risk profile.* Ensure all contract exhibits and appendices (e.g., performance guarantees, liquidated damages, outage requirements) are clear, comprehensive, and aligned with project and regulatory requirements.* Collaborate with controls and finance teams to monitor project budgets, cash flow, commodity exposure (e.g., fuel, steel), and forecast financial outcomes, ensuring alignment with contractual obligations.* Support preparation of materials for internal and external approvals required for contract execution.* Coordinate with project managers, engineers, and construction teams to ensure alignment between contract terms, project milestones, and technical specifications.* Prepare regular reports, status updates, and presentations for senior management on contract performance, project progress, and key risk areas.* Support claims management, dispute resolution, and other contractual matters arising during the project lifecycle, including issues related to delays, performance shortfalls, and change orders.**Minimum Qualifications:*** 7+ years of experience in project development, project management, power origination, or business development roles in the energy, infrastructure, or utilities sector.* Bachelor's and/or master's degree in business, finance, or engineering.* Experience with construction agreements, Build Transfer Agreements, Development Transfer Agreements, and/or EPC transactions across multiple power markets and technology.* Eligible to work in the United States without the need for employer visa sponsorship now or in the future.**Preferred Qualifications:*** Over 10+ years of experience in project development, project management, power origination, or business development roles in the energy, infrastructure, or utilities sector.* 5+ years of experience negotiating PPAs, BTs, or DTs.* Legal experience and/or experience negotiating other types of agreements.* Ability to comprehend complex documents and communicate transactional risks and project impact.* Excellent solution-seeking, teamwork, leadership and communication skills which extend across all organizational and management levels.* Excellent verbal and written communication skills.* Strong organizational skills and attention to detail* Critical thinking skills with the ability to identify and solve complex problems* Ability to manage priorities, meet deadlines and complete time-sensitive work.**Base Pay**$155,000.00 - 190,000.00 USD Annual Bonus: 25% - 40%The base pay range reflects the minimum and maximum target salary for the position. Invenergy considers a number of factors when determining base pay offers such as the scope and responsibilities of the position and the candidate's experience, education and skills. In addition to base pay, the total annual compensation package may also include eligibility to participate in our bonus program(s) which are designed to reward individual and company performance. Your recruiter can share more about bonus eligibility for this position during the hiring process. Invenergy offers a variety of other benefits including medical, dental and vision insurance, 401k, paid time off, etc.