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Eagle Creek Renewable Energy

Operates and expands small-scale hydroelectric facilities

ITC/PTC Program Manager

Full-Time
$105k - $150k
Mid, Senior
Bachelor's
Remote in USA
RemoteOccasional travel (~10%) may be required if not located in the Washington, DC metro area.
Project & Program ManagementProgram Management

About the job

Requirements
  • A bachelor's degree in Engineering, Finance, Project Management, Business, or a related technical or analytical field, or an equivalent combination of education, training, and experience.
  • Three to eight or more years of professional experience in energy project development, asset management, project controls, or renewable energy finance or tax credit compliance.
  • Basic familiarity with energy tax credits (ITC/PTC) and eagerness to learn IRS regulatory frameworks with support from internal specialists.
  • Demonstrated experience managing schedules, budgets, and matrixed or cross-functional team workflows.
  • Ability to read technical project documentation and engineering reports, and understand the core components of renewable energy assets.
  • Ability to prioritize tasks, manage deadlines, and maintain accurate work.
  • Ability to analyze issues, identify solutions, and exercise sound judgment.
  • Ability to take ownership of responsibilities and deliver expected results.
  • Ability to understand and respond effectively to customer or stakeholder needs.
Responsibilities
  • Serve as the single point of coordination for tracking and verifying all inputs, documentation, and milestones required to secure ITC/PTC qualifications.
  • Maintain a clean, contemporaneous qualification file for each facility that withstands tax-preparer, credit-buyer, insurer, and IRS review.
  • Coordinate a matrixed team by aligning supporting departments’ inputs with qualification requirements.
  • Work alongside internal tax specialists to interpret high-level IRS requirements and ensure project workflows capture the necessary evidentiary trail for tax compliance.
  • Monitor external vendor and contractor deliverables tied to tax credit qualification requirements, ensuring reports, studies, and certifications are delivered on schedule.
  • Maintain a master program tracker for critical-path qualification milestones and ensure project execution timelines managed by the project management team align with tax deadlines and safe-harbor rules.
  • Prepare executive-level dashboards and status reports summarizing program health, qualification risks, and key decision points for leadership and ownership.
Desired Qualifications
  • Hydropower experience is a strong plus.
  • Hydro-specific knowledge is highly preferred.

About the company

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Eagle Creek Renewable Energy

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Eagle Creek Renewable Energy buys, upgrades, and operates small hydroelectric plants in the United States to generate electricity and sell it in wholesale power markets. It owns 85 hydro facilities with about 690 MW of capacity spread across multiple states, often restoring underperforming sites to boost output and reliability. Since being acquired by Ontario Power Generation in 2018 and merging with Cube Hydro Partners in 2019, it operates as a wholly owned subsidiary with its own board and management. Its goal is to grow clean power generation, diversify its asset base, and supply reliable electricity to North American customers while maintaining dam safety and environmental stewardship.

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$100M

Headquarters

Morristown, New Jersey

Founded

2010

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Simplify's Take

What believers are saying

  • The October 1, 2026 Relevate partnership adds fee-based asset management and staffing leverage.
  • Lightstar’s 1.2-gigawatt solar pipeline expands Eagle Creek beyond hydro growth.
  • Rising electricity demand favors baseload hydropower, especially with 700 megawatts serving 260,000 homes.

What critics are saying

  • April 2026 litigation ended in a $25 million settlement over a dam drawdown.
  • Mongaup Falls repairs underscore ongoing FERC, safety, and infrastructure remediation burdens.
  • A serious dam failure or license revocation could force shutdowns across Eagle Creek’s portfolio.

What makes Eagle Creek Renewable Energy unique

  • Eagle Creek operates 85 hydroelectric facilities across 18 states, diversifying hydro risk.
  • October 1, 2026, Eagle Creek began managing Relevate’s run-of-river portfolio, expanding operating scale.
  • The 2024 Lightstar acquisition added community solar, giving Eagle Creek hydro-plus-solar optionality.

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Benefits

  • Remote Work Options
  • Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

6%

1 year growth

12%

2 year growth

12%
PR Newswire
Oct 1st, 2026
GDEV management-backed Relevate Power and Eagle Creek form strategic partnership to expand companies' hydropower footprints.

GDEV management-backed Relevate Power and Eagle Creek form strategic partnership to expand companies' hydropower footprints. Oct 01, 2026, 07:00 ET The partnership brings together Relevate's redevelopment expertise and Eagle Creek's operating scale and expertise, advancing hydropower as a source of baseload generation across North America NEW YORK, Oct. 1, 2026 /PRNewswire/ - GDEV Management (GDEV)-backed Relevate Power (Relevate) and Eagle Creek Renewable Energy (Eagle Creek), a hydropower owner and operator backed by Apollo (NYSE: APO) funds, today announced a strategic partnership across their portfolios of small hydropower assets. At the partnership's commencement, Eagle Creek will leverage its scale and highly experienced operations team to manage Relevate's portfolio of run-of-river hydroelectric projects. Relevate and Eagle Creek have identified opportunities to combine their respective strengths in redeveloping and operating hydropower facilities to achieve operational and cost efficiencies, starting with asset management as the foundation for a broader relationship. The local operators currently employed by Relevate to manage its portfolio will join Eagle Creek, maintaining continuity of operations at each facility while benefiting from the scale of a larger operating platform. Previously, GDEV and Apollo provided financing for Relevate's acquisition of Gravity Renewables in December 2024. "The hydropower market is in a period of significant growth as electricity demand surges beyond current generation levels," said Neal Simmons, CEO at Eagle Creek. "We will bring our operating expertise to oversee Relevate's hydropower projects, enabling us to provide clean, reliable energy to surrounding homes and businesses." Since GDEV's initial investment in 2024, Relevate also received a $4.9 million grant from the Department of Energy (DOE) to boost efforts in improving the efficiency of hydroelectric facilities and has gained significant commercial traction across the hydropower market. "Together with Eagle Creek, we're helping strengthen Relevate's business model of providing operational improvements to underperforming hydro facilities," said Benjamin Baker, Managing Partner of GDEV Management. "This partnership will allow Relevate to expand its platform on a larger scale while significantly reducing overhead - promising long-term value for our investors and partners." ABOUT GDEV MANAGEMENT GDEV Management, LLC is a middle-market infrastructure private equity business that invests in high-growth sustainable infrastructure companies across sectors including renewable energy, energy efficiency, grid infrastructure, transport and sustainable fuels. The firm targets operationally complex businesses in infrastructure, clean energy, industrials, and technology-enabled services, partnering with management teams to drive growth, operational improvement, and long-term value creation. GDEV's institutional platform is structured to support a broad range of private market strategies, including direct investments, co-investments, and structured credit solutions. ABOUT RELEVATE POWER Founded in 2022 from the merger of Independent Power Producers Dichotomy Power and ClearEnergy, along with the power marketing firm Standard Power, Relevate Power is committed to redeveloping underutilized hydropower plants, providing affordable, clean energy to rural America's most impactful organizations. The company is backed by GDEV Management's Fund I, LP. and Aegon Asset Management Real Assets. ABOUT EAGLE CREEK RENEWABLE ENERGY Eagle Creek owns and operates 85 hydroelectric facilities across 18 states, providing renewable power to support rapidly growing energy demand. Hydropower is differentiated as a low carbon reliable energy source with baseload capabilities. The Company's nearly 700 MW portfolio makes it one of the largest and most diversified independent hydro platforms in the country, and its facilities produce enough electricity to power over 260,000 homes. SOURCE GDEV Management

Renewables Now Ltd
Oct 7th, 2025
Apollo Acquires Eagle Creek for 700 MW

Apollo, a US private equity firm, has agreed to acquire Eagle Creek Renewable Energy, an independent hydroelectric facility owner and operator based in Bethesda, Maryland, with a portfolio of nearly 700 MW.

Business News Today
Oct 6th, 2025
Apollo deepens renewable power portfolio with acquisition of Eagle Creek Renewable Energy

Find out how Apollo's acquisition of Eagle Creek Renewable Energy signals a long-term bet on hydro power as America's clean-energy backbone.

Solar Industry
Mar 20th, 2024
Eagle Creek Renewable Energy Acquires Lightstar Renewables

Eagle Creek Renewable Energy acquires Lightstar Renewables.

GlobeNewswire
Mar 19th, 2024
Eagle Creek Renewable Energy acquires Lightstar Renewables

Bethesda, MD, March 19, 2024 (GLOBE NEWSWIRE) -- An affiliate of Eagle Creek Renewable Energy (“Eagle Creek”) has acquired Lightstar Renewables, a...