Director of Development for Energy Storage

Job Description:

Position Overview

Deriva Energy is a leading Independent Power Producer in the US renewables market, with over 6.5 GW of operating or under construction wind, solar and storage projects across the country. Formerly a part of Duke Energy, Deriva is now a Brookfield Renewable company. Brookfield Renewable operates one of the world's largest publicly traded, pure-play renewable power platforms. Join a dynamic team committed to excellence and innovation who envision a future of energy independence using resilient, carbon-free generation. We offer competitive compensation, comprehensive benefits, and the opportunity to make a significant impact in the rapidly evolving energy industry. Deriva empowers customers with innovative clean energy solutions that strengthen communities and serve future generations.

Reporting to the VP of Development, the Director of Development for Energy Storage will manage and lead the Energy Storage Development team to deliver investment opportunities across the US. The Director will manage a growing pipeline of projects, with a focus on advancing and delivering nearly 10 GWh existing mid and late-stage projects. The Energy Storage Development team is responsible for leading standalone storage and retrofits of operating facilities while also acting as subject matter experts to support hybrid projects within the renewables pipeline. This role is best suited for an experienced developer with demonstrated results leading a team and bringing projects to construction handover. Working in concert with internal and external experts, responsibilities include project management, landowner and community relations, obtaining land use permits, shepherding projects through high-profile interconnection decision points, and finalizing offtake contracts, GIAs, and EPC agreements to carry a project through final investment decisions and ultimately to NTP. Deriva is a leader in facilitating a rapid and sustainable energy transition by developing high-quality energy projects, fostering community partnerships, while being a responsible corporate citizen and a trusted energy solutions partner. We have ambitious growth goals and are expanding the team to support this growth.

This position is critical for Deriva Energy to realize ambitious growth aspirations. We are seeking a highly motivated individual, with an entrepreneurial mindset.

Responsibilities

Lead a team to develop, manage, and execute a pipeline of competitive, customer-centric project investment opportunities.

Succeed in a fast paced, dynamic, competitive marketplace

• Strong understanding of project drivers & competition to deliver project investment opportunities

• Commercial understanding of value and risk drivers related to project technical aspects (interconnection, resource, constructability, design, etc.)

• Ability to effectively negotiate commercial terms with counterparties to maximize value to The Company in a professional and ethical manner

Identify strategic business opportunities

• Mitigate risk and successfully structure projects through complementary project contracts

• Perform risk assessments, business impact analyses and strategy selection

• Evaluate applicable laws and regulations to determine project impacts

• Strong understanding of financial drivers

Bring strong customer focus & understanding of customer needs

• Work closely with the customer at all levels of the organization (C-Level executives to procurement personnel)

• Understand customer needs and structure specific business solutions

Lead energy storage development on mid-late stage pipeline

• Create and manage development budget, prudently spending company resources to create investment opportunities

• Identify opportunities to prudently advance project while minimizing risk

Manage project team members and work effectively with technical subject matter experts

• Work across functional areas to foster collaboration and cooperation to achieve shared goals

• Provide direction to internal stakeholders such as, engineering, environmental, underwriting, operations, treasury, risk, tax, finance, accounting, insurance, corporate communications, etc. to achieve project goals

• Support the finance, construction, and operations teams to achieve successful project outcomes

Build and maintain mutually beneficial relationships with external stakeholders including customers, project partners, local officials, community members, landowners, transmission owners, environmental agencies, regulatory bodies, etc.

• Travel required to meet with key stakeholders

Spearhead project approvals

• Prepare and participate in required transaction approval documentation and presentations for senior management approval and deal closure.

• Interact with senior management for reporting, strategy development and execution planning.

Working Conditions

• This role is intended to be located at the Deriva Headquarters office in Charlotte, NC. Strategic locations in target regions may also be considered for highly experienced candidates.

• Up to 30% travel should be anticipated to conduct site visits and manage development projects.

Required/Basic Qualifications

• Bachelor's degree in Finance, Business, Economics, Engineering or other related discipline

• In addition to the degree above, eight (8)or more years of experience

• In lieu of bachelor's degree, high school diploma/GED AND 13 years or more years of related work experience

Desired Qualifications

• Masters degree in Finance, Business, Economics, Engineering, or similar field

• One (1) or more years of experience managing direct reports

• Five (5) or more years of experience in utility-scale energy storage development

• Extensive knowledge of wholesale electricity markets, interconnection process, real estate contracts, tax abatements and renewable energy technologies & policy incentives

• Deep understanding of energy storage technology, business models, and complex offtake contracts

• Excellent problem-solving skills, optimistic self-starter

• Financial and business acumen, business strategy, executive level presentation

• Strong interpersonal skills with the desire to work in a fast-paced, entrepreneurial environment and to meet deadlines and complete time-sensitive duties

• Strong organizational skills and attention to detail.

• Demonstrated ability to work in a flat organization, successfully leveraging the expertise of multiple colleagues in different lines of reporting

• Ability to multi-task and arbitrate between conflicting priorities

• Ability to take ownership over tasks and work proactively.

• Excellent communication, project management and team-building skills experience working with cross- functional internal and external technical advisors and stakeholders.

Additional Information:

Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

Deriva welcomes veterans of the United States Armed Forces to apply for this position. Deriva includes veterans of all branches and a diverse set of occupational specialties. We value the independent thinking, problem solving, leadership, and teamwork that our veterans have developed through their service. We welcome applications from any service and any military occupational specialty.

Deriva Energy is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, protected veteran or military status, and other categories protected by federal, state or local law.