Senior Manager, Energy Markets and Commercial

Eagle Creek Renewable Energy (ECRE)

We are a leading private renewable energy company focused on acquiring and operating hydropower and developing community-scale solar projects. We believe hydropower and solar are key sustainable resources that play a critical and growing role in meeting demand for clean energy and a low-carbon economy.  We own and operate 85 hydropower plants in 18 states with a combined capacity of more than 690 megawatts, and have begun construction on a portfolio of solar projects that will add to that generation.

Role

The role has two key focus areas: Energy Asset Management and Commercial Projects. In this role, you will make daily decisions about scheduling water releases from a set of reservoirs to optimize the revenue from a system of hydropower facilities.  You will also support and/or lead internal commercial projects working with long-term Power Purchase Agreements, optimization initiatives within the portfolio, and the company’s participation in energy market design.  This role fits within the Commercial Strategy and Business Development group and may include assisting with due diligence for mergers and acquisitions (M&A) transactions.

This role will be located in Bethesda, MD.

Responsibilities – Energy Markets

• Provide daily offers and schedules for hydroelectric facilities into organized ISO/RTO power markets 
• Maintain compliance with ISO/RTO market monthly/quarterly/annual requirements
• Participate in ISO/RTO stakeholder processes and provide market intelligence updates to senior management
• Maintain relationships with counterparties, including off-takers, and fulfill regular reporting requirements
• Monitor financial and operational performance of portfolio facilities and prepare associated reports

Responsibilities – Commercial Projects

• Perform financial analysis to support operational and investment decisions and present recommendations to senior management/executives.
• Working alongside other members of the team, source and negotiate power purchase agreements and other offtake contracts.
• Conduct diligence and lead teams, including external contractors, to execute on optimization initiatives
• Help evaluate and screen acquisition opportunities in North America.
• Assist with integration of new regional acquisitions into the Company's operating platform

Minimum Qualifications

• Bachelor’s degree in Business, Finance, Economics, or other relevant field plus two years of experience in financial modeling and power markets, or relevant Master’s degree.
• Experience managing data sets and building models in Excel
• Keen ability to distill complex issues and synthesize data for presentation to senior management
• Strong time management skills, ability to meet deadlines and complete time-sensitive work
• Outstanding organizational skills and attention to detail
• Critical thinking skills with the ability to identify and solve complex problems
• Ability to use discretion in handling confidential information

Preferred Qualifications

• Demonstrated knowledge of energy economics with specific application to North American power/energy markets
• Two years of experience with organized ISO/RTO power markets
• Demonstrated knowledge of energy industry regulatory environment
• Experience with flexible power generation resources (gas-fired, hydropower, energy storage)
• Previous project management and/or asset management experience