Senior PPA Originator

Statkraft
San Francisco, CA
United States
Category
Job Description

Company Description

Statkraft has been making clean energy possible for over a century. That’s what we offer. 125 years of unrivalled expertise in supplying the world with what it needs most. We envision a world that runs entirely on renewable energy. Because in the fight against climate change, we don’t see renewable energy as part of the solution – we believe it must be the solution. With us, you’ll shape a career that is truly forward-facing with many amazing opportunities and offerings to match.  

But there’s more work to be done – that’s why we need you to join us.   

Working in Trading & Origination 

As Head of PPA Origination, you will be responsible for developing Statkraft into a leading market integrator in the PPA market, matching the needs of renewable generators to electricity buyers (with or without an RPS or voluntary obligation). You will be responsible for building on the existing downstream (and, partially, upstream) origination businesses, increasing both the flow of deals as well as new market relationships. You will be a key contributor to the pricing and hedging of all deals within the team. Finally, you will manage and be responsible for the completion of all tasks by leading through your expertise and commitment to collaboration. 

 

 

Job Description

  • Build out and take ownership of Statkraft’s PPA origination business 

  • Identify, analyze, negotiate, and execute complex structured energy transactions in PJM (and secondly, ERCOT) with a focus on renewable PPAs 

  • Ability to develop financial models for risk analysis and management presentations 

  • Contribute to deal pricing and deal hedging, in coordination with other colleagues in the Origination and Portfolio Management teams 

  • Maintain constant interaction with credit, operations, and trading teams as necessary to advance target transactions 

  • Build and maintain key relationships with various end-users 

  • Expand the pipeline of sales opportunities by generating high quality leads 

  • Manage and lead Statkraft’s team of professionals through all aspects of the complex sales process, coordinating internal support necessary for developing the key inputs required for profitable pricing and successful closing of transactions 

  • Assess and translate competition, industry trends, emerging customer challenges, and changes in the marketplace into market strategies and product offerings 

  • Take care of day-to-day administrative issues related to the contractual portfolio 

  • Create systems and tools to help business scale 

Qualifications

  • 10+ years of experience originating and contracting PPAs within the Eastern Interconnect 

  • Well-connected with various power market players (industrials, utilities, funds, banks, trading houses, etc.) 

  • Proficiency with IT tools, in particular Excel (and VBA). Experience in Python or any other programming language a plus.  

  • Strong understanding of all US renewables and power markets 

  • Experience and familiarity with standard and non-standard power contract terms as well as master trade agreements, such as ISDA and EEI 

  • Strong commercial mindset and high level of initiative and self-motivation 

  • Combination of entrepreneur spirit, quantitative analysis, attention to details and communication skills to drive growth and revenue 

Additional Information

What we offer  

A career with Statkraft is a career filled with purpose – meaning that every employee is not just making a living, they are making a real difference to the planet, our communities and the future. Together, we work on the front lines of changing the game for renewable energy. From hydrogen development to algorithmic trading and everything in between. We have 125 years of unrivalled expertise in creating the technologies that put ecosystems, communities and our environment first. With us, you’ll shape a career that is truly forward-facing with many amazing opportunities and offerings to match. This includes:  

  • Unlimited learning opportunities at various levels of the organisation including Linkedin Learning and inspiring leaderships program like IMD   

  • The chance to grow your career alongside a truly global network of experts, leaders, specialists and graduates from different countries and backgrounds  

  • The opportunity to work somewhere with pride, and to be able to honestly say “My work is contributing to saving the planet”  

Statkraft offers competitive terms of employment and benefits schemes, and we’re a trusted employer that puts the safety of our people first. We believe that a safe and healthy working environment is a matter of choice, not chance.  

  

Statkraft manages critical infrastructure and services in several countries. The applicant must be eligible for security clearance and authorisation.