Role and Responsibilities
Reporting to the Senior Director, Finance and Power Origination, the Manager – Origination, will work closely with the US Development Team to lead power marketing efforts in the U.S. with an emphasis on the ERCOT and PJM markets and will have the following main responsibilities:
§ Being responsible for establishing and maintaining wholesale energy customer relationships, and identifying, pursuing, and originating wholesale power transactions to support new renewable energy project development and acquisition opportunities;
§ Implement power hedging strategies, risk management, REC sales and supporting negotiation and administration of power contracts and representing the company in various industry forums;
§ Lead the development, origination, structuring, negotiation, and administration of wholesale renewable power and other offtake transactions within the U.S. in close coordination with the company’s development and finance groups;
§ Develop and grow relationships with existing and prospective wholesale customers, including corporate and industrial energy buyers, investor-owned and municipal utilities, cooperatives, merchant energy and commodity trading companies and banks, retail energy providers, and energy service providers;
§ Develop project offtake pricing strategies and present relevant options and related project economics to Innergex management, development and finance teams;
§ Identify and lead submission and management of requests for proposals for supply of energy from Innergex projects;
§ Manage trading and optimization of contracted and merchant energy, renewable energy credits (RECs), capacity, and other products across U.S. operating projects;
§ Participate as needed to promote and support company objectives in various industry forums addressing energy markets, power contracts, hedging structures, regulatory issues, etc.
§ Strong track record of originating, leading, negotiating and executing successful wholesale power transactions (PPAs, hedges) and related structuring;
§ Deep knowledge of U.S. power markets (ERCOT and PJM experience preferred) and renewable energy project development;
§ Strong familiarity with renewable energy project financing processes and requirements, various forms of power contracts, environmental attributes and capacity sales, and federal and state tax credits, RPS programs, and other incentives;
§ Proven negotiation and deal-making skills;
§ Ability to work with senior management and other departments; strong customer service focus;
§ Exceptional oral and written communication and interpersonal skills; ability to network throughout organization;
§ Exude a professional, proactive, goal-oriented, and self-motivated style;
§ Ability to interact positively and work in and support a team environment;
§ Proficient PC skills using spreadsheets, PowerPoint, economic and financial models, and word processing;
§ Solid, verifiable contacts/relationships and negotiating experience with wholesale energy purchasers/marketers in the U.S.;
§ Frequent travel.
§ Bachelor’s or advanced degree in Business, Accounting, Finance, or Engineering;
§ Minimum of 5 years of experience in the wholesale electric power market with a preference for demonstrable success with renewable energy projects;
§ Broad background of energy marketing and structuring along with a strong knowledge of wind and solar energy project development and financing;
§ Proficiency in French and English, both spoken and written; Spanish an asset.
Innergex Renewable Energy Inc. is a global player with an extensive and growing portfolio of assets in Canada, the United States, France and Chile. The Corporation develops, acquires, owns and operates hydroelectric facilities, wind farms and solar parks exclusively producing renewable energy.
Sustainable development producing positive social, environmental and economic results guides our actions. We are not only proud of the work we do, but also of the way we do it. Our many accomplishments and continued successes are made possible by our outstanding team of employees.
Innergex, a publicly traded corporation, has offices in Longueuil, Vancouver, Lyon and San Diego.
The chosen candidate will preferably be based at the San Diego, California or Vancouver, BC offices. The candidate could also be based in Austin, Texas.