US Thermal Growth & Origination Director

Capital Power Operations (USA) Inc; Washington (District of Columbia); Hybrid; USD 190,000 - 250,000; Full time

Benefits offered by this job

Health care benefits

Retirement benefits

Paid time off

Annual bonus

Referral bonus

Job summary

Capital Power, a North American energy company, seeks a Director, US Thermal Business Development in Washington, DC (Hybrid) to lead the origination and execution of a multi-year pipeline of utility-scale thermal opportunities across the U.S.

This externally facing role shapes Capital Power’s growth strategy, builds senior utility relationships, and guides projects through financial close to deliver long-term value. Travel up to 40% is expected.

Qualifications

• Bachelor's in Engineering, Business, Finance, Economics, or related field (MBA preferred).
• 10+ years in power development, business development, or project finance with a strong U.S. thermal track record.
• Proven success originating and advancing projects through financial close.
• Deep relationships with utility procurement and executive teams (e.g., PJM, MISO, ERCOT).
• Strong knowledge of ISO/RTO markets, capacity structures, and interconnection processes.
• Experience leading complex cross-functional project execution.
• Advanced financial modeling, valuation, and investment analysis capabilities.
• Expertise in structuring and negotiating power sector commercial agreements.
• Technical understanding of thermal generation (peakers, CCGT, flexible capacity).
• Executive presence, strong judgment, ownership mindset.

Responsibilities

• Build and execute a multi-year development pipeline with line of sight to contracted MWs.
• Originate brownfield and greenfield opportunities, including site control and interconnection strategy.
• Define and execute market entry and origination strategies across ISO/RTO markets.
• Lead executive relationships with utilities, co-ops, and load-serving entities.
• Convert procurement needs and IRP insights into actionable development opportunities.
• Lead cross-functional teams through full development lifecycle to financial close.
• Structure opportunities for contracting and commercialization.
• Provide market intelligence on capacity markets and regulatory shifts.

Skills

Power development

Origination and deal execution

Utility relationships

ISO/RTO market knowledge

Cross-functional leadership

Financial modeling/valuation

Commercial agreements

Thermal generation knowledge

Executive presence

Education

Bachelor's in Engineering/Business/Finance/Economics

MBA preferred

Job description

Capital Power, a North American energy company, seeks a Director, US Thermal Business Development in Washington, DC (Hybrid) to lead the origination and execution of a multi-year pipeline of utility-scale thermal opportunities across the U.S.

This externally facing role shapes Capital Power’s growth strategy, builds senior utility relationships, and guides projects through financial close to deliver long-term value. Travel up to 40% is expected.