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Fervo Energy

Delivers 24/7 carbon-free geothermal energy

Development Manager, Energy Solutions

Project ManagementConfirmed live in the last 24 hours
Full-time$170.4k - $212.8k

About the Job

Requirements

  • A bachelor's degree in engineering, finance, business, or a related field is required.
  • At least 7 years of experience in power project development, structured or project finance, or commercial roles within power generation or energy infrastructure is required.
  • Experience structuring or negotiating commercial agreements for power delivery, such as power purchase agreements, interconnection agreements, or engineering, procurement, and construction/operations and maintenance agreements, is required.
  • Working knowledge of behind-the-meter and on-site generation, interconnection processes, and flexible generation economics is required.
  • Ability to read and pressure-test financial models and technical studies and translate complexity into clear recommendations for senior leadership is required.
  • Ability to manage multiple workstreams and ambiguity in a fast-paced environment is required.

Responsibilities

  • Own the process from concept to financeable, executable agreements for advanced energy delivery arrangements, including decision logs, risk registers, and critical-path tracking, and keep commercial terms aligned with technical requirements.
  • Structure and negotiate commercial terms for flexible and on-site power arrangements, partnering with Legal and Origination on contract frameworks, term sheets, and deal comparisons.
  • Coordinate with the Transmission and Interconnection team on technical feasibility, interconnection pathways, and utility requirements that inform deal structure and schedule.
  • Partner with subsurface, drilling and completions, and engineering teams to align the geothermal resource plan with microgrid design and on-site load requirements.
  • Translate resource characteristics, generation profiles, and technical constraints into commercial and financing assumptions for behind-the-meter and microgrid deals.
  • Connect the geothermal resource, microgrid, and on-site power needs so they are engineered, built, and operated as one coherent system.
  • Translate technical and commercial inputs into a lender-ready narrative in partnership with Finance and Capital Markets.
  • Identify and track risks, dependencies, and open issues affecting financeability or executability, and drive them to resolution across internal and external stakeholders.
  • Prepare materials communicating deal status, tradeoffs, and recommendations for senior leadership.
  • Serve as a key point of contact for customers and partners exploring energy solutions, building trust through clear, responsive communication.
  • Develop and maintain relationships with utilities, independent power producers, equipment providers, and other market participants relevant to flexible and on-site generation.
  • Track market, regulatory, and technology trends relevant to flexible generation and energy delivery, and translate them into implications for Fervo’s development strategy.
  • Help build playbooks, templates, and internal tools to scale the work as the pipeline of energy-solutions opportunities grows.

Desired Qualifications

  • Experience serving hyperscaler or other large-load customers.
  • Familiarity with Inflation Reduction Act incentives and financing or credit structures, such as tax equity and transferability.
  • Existing relationships with utilities, independent power producers, or equipment providers relevant to flexible or on-site generation.
  • An advanced degree in engineering, finance, business, or a related field.

About the Company

Fervo Energy

Delivers 24/7 carbon-free geothermal energy

Fervo Energy develops and operates geothermal energy projects to provide 24/7 carbon-free power. It combines proven oil-and-gas technologies with geothermal science, notably horizontal drilling and distributed fiber-optic sensing, to unlock geothermal resources that were previously uneconomical. The company’s main product is a steady, carbon-free geothermal energy supply that can be sold to electricity providers seeking decarbonization. Its approach differs from competitors by applying oil-and-gas drilling methods and advanced sensing to unlock higher resource potential and deliver reliable, cost-effective energy. Fervo’s flagship Cape Station Project demonstrates this approach in action. The company’s goal is to accelerate the clean energy transition by delivering reliable, scalable geothermal energy and expanding geoscience-enabled solutions for decarbonizing the electricity sector.

Company size
201-500
Company stage
IPO
Headquarters
Houston, TX
Founded
2017

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