Senior Business Developer, US Thermal

A little about Capital Power

Capital Power (TSX: CPX) is dedicated to Powering Change by Changing Power. This north star guides our ambitions, focus, and actions as we transform our energy system to power a lower-carbon future. We're a growth-oriented North American energy company headquartered in Edmonton, Alberta. Our team safely delivers, builds, and creates balanced energy solutions for customers across North America.

Our people are at the core of our journey to deliver reliable, affordable, and lower-carbon power solutions. We provide purpose-driven work in a safe and inclusive environment, and we live by our North Star. With us, your contributions matter – we want you to be empowered to innovate, collaborate, and ultimately drive results. We're here to partner with you so you can learn, grow, and forge a career that's meaningful to you. Join us in powering North America!

We are currently seeking highly motivated Senior Business Developer, US Thermal to lead the charge in shaping the future of utility-scale thermal power generation in the U.S. along with driving strategic growth and building key industry relationships.

As Senior Business Developer, US Thermal you will identify and execute opportunities for developing or acquiring utility-scale thermal power generation assets in the U.S. Leading project teams, maintaining key relationships, and supporting strategic growth objectives. The ideal candidate has strong commercial and financial skills and a deep understanding of the U.S. power market.

You will contribute to our team by:

• Identifying, evaluating, and executing development or acquisition opportunities for thermal power generation assets.
• Supporting origination and development of new business opportunities by analyzing market trends and developing strategies to capitalize on emerging opportunities.
• Leading and coordinating cross-functional teams responsible for project development and due diligence efforts.
• Building and maintaining strong relationships with public utilities, load-serving entities, project stakeholders, project developers, OEMs, EPCs, and other market participants.
• Representing Capital Power at industry events, conferences, and networking opportunities to foster business relationships and enhance market intelligence.
• Assisting in preparing investment recommendations and business cases aligned with corporate screening criteria.
• Supporting financial modeling, project valuation, and risk assessments for potential projects.
• Working closely with finance and legal teams to evaluate project feasibility and structure commercial agreements.
• Leading and/or participating in negotiations for off-take agreements, joint ventures, lease agreements, project permits, financing documents, and other contractual arrangements.
• Supporting regulatory and permitting efforts to ensure project viability.
• Contributing to annual business planning, strategic roadmaps, and development budgets.
• Providing market insights to inform corporate development strategies and investment decisions.

What you will bring to the role:

Education:

• Bachelor’s Degree in Business, Engineering, Finance, Economics, or related discipline.
• MBA or relevant graduate degree is preferred.

Experience:

• Combined 5+ years of related experience in business development/project management.
• Experience with structuring land leases, land acquisition transactions, and development site acquisitions is desirable.
• Knowledge of energy markets in the US, including, but not limited to, market structures and design, transmission infrastructure and strategic and financial competitors.
• Experience in Energy Industry is required.
• Minimum 2 years in a related business development role.

Technical Skills:

• Familiarity with ERCOT, PJM, MISO, and other ISO/RTO Markets preferred.
• Technically proficient with thermal power generation technologies.
• Experience supporting the development of structured transactions for the development and acquisition of utility-scale power generation assets is highly desirable.
• Experience negotiating tolling agreements, PPAs, energy infrastructure investments, etc.
• Demonstrated quantitative, qualitative analytical and problem-solving skills.

Social Process Skills:

• Proven ability to communicate and delegate effectively in a cross-functional environment.
• Demonstrated problem-solving abilities with complex concepts.
• Team player who promotes a culture of innovation and quality.
• Possess effective oral and written communication skills.
• Proficient project management skills as well as the ability to excel in a dynamic and multi-disciplinary project team environment with the ability to adapt to change.

Working Conditions:

• Hybrid office/work from home position based in our downtown Phoenix location.
• This position requires up to 30% travel.

Additional Details:

​​This position will remain open until a suitable candidate is found.​

In order to be considered for this role you must be legally eligible to work in ​United States of America.

How To Apply and Next Steps

Capital Power only accepts resumes via online application at www.capitalpower.com/careers. If you choose to submit your resume by any other means, we cannot guarantee that your application will be considered for vacancies.

Applicants with disabilities who require a reasonable accommodation to complete their application can request accessible formats, communication support, or other accessibility assistance by contacting
careers@capitalpower.com.

Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills, experience and knowledge for each position.

Thank you for taking the time to apply and expressing interest in powering a sustainable future with Capital Power! We wish that we could personally respond to everyone who applies; however, it is our practice to contact only those individuals selected for interviews.