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Full-Time

Director of Utility-Scale Origination & Business Development

Confirmed live in the last 24 hours

New Leaf Energy

New Leaf Energy

201-500 employees

Develops solar and energy storage projects

Data & Analytics
Hardware
Energy

Compensation Overview

$160.1k - $186.1kAnnually

+ Bonus + Equity Program

Senior, Expert

Boston, MA, USA + 4 more

Category
Business Development
Business & Strategy
Required Skills
Sales
Communications
Mergers & Acquisitions (M&A)
Marketing
Requirements
  • 8+ years of work experience, 5+ years of experience in utility-scale renewable development, power finance, trading, origination, sales & marketing, or comparable experience is required;
  • Has participated in the process of a successfully negotiated PPA or BTA, or similar contract type;
  • Knowledge of structuring and negotiating offtake deals, including financial hedges, VPPAs, tolling agreements, and other evolving structuring instruments;
  • Knowledge of U.S. utility-scale solar development, power markets, and customer segments;
  • The ability to stay current with changing technologies, regulations, and trends influencing the continued adoption of renewable energy;
  • Ability to quickly step into new tasks and adapt to new circumstances in a dynamic environment;
  • Excellent interpersonal, time management, communication, and relationship-building skills;
  • Strong personal relationships and reputation in the power and/or renewable energy industry;
  • Travel: up to 25%, at times, to support the needs of the business.
Responsibilities
  • Develop a commercial thesis for each market and provide intelligence to inform development and acquisition strategies. Maintain high awareness of the markets and competitive environment. Be technically astute with the full life cycle of utility solar and storage project origination, development, and valuation;
  • Represents New Leaf Energy to customers and partners at all levels of their organizations. Develop a deep understanding of the customer’s and business partner’s needs and provide insight as to how New Leaf Energy can develop projects to meet those needs. Build trust-based relationships by representing New Leaf Energy in a professional and ethical manner;
  • Research potential customers and partners and identify outreach targets. Lead the preparation of marketing and outreach materials. Assemble and lead internal cross-functional, multi-disciplined teams for support in customer engagement and partnership development. Effectively track and communicate with management the status of opportunities and client activity;
  • Engage directly with project developers to develop market-specific offtake origination strategies and other business partnerships. Help developers make decisions about offtake strategy and timing. Inform project level decisions by providing insights into customer needs and preferences;
  • Screen RFPs and work with developers to identify projects appropriate for customer's needs; Lead bid package preparation in response to offtake opportunities, including RFPs and RFIs for utility scale solar, storage, and hybrid projects throughout North America, targeting a broad range of offtakers such as Investor-Owned Utilities (IOUs), co-ops, municipal utilities, and commercial and industrial customers;
  • Develop innovative partnerships and deal structures. Make recommendations that support project sales and, ultimately, project financing negotiations. Differentiate product offerings, manage risk and reduce collateral requirements. Proposed structures will include PPAs, VPPAs, Develop-Build-Transfer transactions, tolling agreements, and other alternative offtake arrangements;
  • Because New Leaf Energy sells its projects to IPPs and utilities pre-construction, offtake opportunities must be considered from the perspective of the future counterparty and pursued, timed, and structured accordingly. In deregulated markets, New Leaf may act more as a matchmaker than a power marketer, connecting asset owners with offtake opportunities and facilitating partnerships and contract terms accordingly.

New Leaf Energy focuses on developing solar and energy storage projects to promote the use of renewable energy. Their projects are designed to benefit both system owners, who own the solar and storage systems, and offtakers, who purchase the energy produced. The company collaborates with local authorities and utilities to ensure successful project implementation across various regions in the United States, including California and New England. Unlike many competitors, New Leaf Energy emphasizes strong partnerships with landowners and a supportive workplace culture for its employees. The goal of New Leaf Energy is to accelerate the adoption of clean energy solutions, contributing to a more sustainable future.

Company Stage

Acquired

Total Funding

N/A

Headquarters

Lowell, Massachusetts

Founded

2022

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Simplify's Take

What believers are saying

  • The company's recent projects, such as the 64-MW battery portfolio in Texas, demonstrate its capability to handle large-scale energy storage solutions.
  • Partnerships with entities like Standard Solar and FirstLight Power highlight New Leaf Energy's strong collaborative approach and industry influence.
  • The focus on environmental justice initiatives, as seen in Connecticut, positions the company as a socially responsible player in the renewable energy sector.

What critics are saying

  • The renewable energy sector is highly competitive, requiring continuous innovation and efficiency to maintain market position.
  • Dependence on regional policies and incentives can create financial instability if there are regulatory changes.

What makes New Leaf Energy unique

  • New Leaf Energy's focus on both solar and energy storage projects sets it apart from competitors who may specialize in only one area.
  • The company's strong regional presence in states like California, New York, and Texas allows it to leverage local policies and incentives effectively.
  • New Leaf Energy's leadership team brings decades of experience from Borrego, providing a solid foundation of industry knowledge and expertise.