Sr. Specialist, Commercial Management, US Renewables

A little about Capital Power

Capital Power (TSX: CPX) is powering change by changing power. This north star guides our ambitions, focus, and actions as we transform our energy system to power a net zero future. We're a growth-oriented North American energy transition company headquartered in Edmonton, Alberta. We deliver reliable, affordable and decarbonized electricity solutions that communities can depend on.

Our people are at the core of our journey to get to net zero by 2045 and are transforming the future of power generation as a collaborative team of experts and innovators. We provide purpose-driven work in a safe and inclusive environment, and we live by our values. With us, your contributions matter. We're here to partner with you so you can learn, innovate, and forge a career that's meaningful to you. Join us in powering a clean energy future!

Your Opportunity

One Permanent Full Time Position.   

Are you passionate about being part of an integral team that plays a key role in our growth and renewables portfolio?   We are currently seeking an innovative and results-oriented individual to join our Commercial Management team responsible for our US Renewables portfolio!

Reporting to the Director, Commercial Management, US Renewables, the Senior Specialist will identify commercial risks and opportunities for existing assets. Working with Operations, internal teams, and external parties, you will develop and implement risk management strategies to optimize asset value.

You will also be responsible for achieving value-add targets for each asset and drafting sections of a strategic asset management plan in coordination with Operations, Finance, and other teams, aligned with corporate objectives and market conditions.

You will contribute to our team by:

• Leading and coordinating internal subject matter expert teams for the effective commercial management and optimization of value for the assigned asset and the generation fleet.
• Steering interaction with appropriate SMEs – operations, legal, credit, regulatory, finance, environmental, external suppliers, off-takers and regulators on commercial activities that generate revenue, reduce cost, or reduce and/or mitigate risks and/or provide opportunities for enhancing value.
• Conducting the negotiation of commercial contracts with external third-parties for supply of key facility inputs and sale of products and services – e.g. PPAs, REC contracts, long-term service agreements.
• Independently coordinating and managing relationships with external stakeholders and partners, working in consultation with internal stakeholders;
• Identifying and analyzing a variety of opportunities with respect to the current or future commercial management and operation of the asset(s), including monitoring and assessing the external environment for trends, threats or opportunities, including developing action strategies by leading and coordinating activities with internal stakeholders to address, optimize, and mitigate such trends, threats and / or opportunities.
• Providing commercial support to facility managers on operating and capital investment issues to preserve or enhance the value of the facility; including cost / benefit analysis and alternatives, if applicable.
• Making recommendations and leading efforts to resolve and manage issues or disputes with counterparties and partners; serving as a primary contact on such issues to resolve disputes.  
• Leading and/or reporting on opportunities, challenges and/or issues at regular stakeholder meetings.
• Proactively managing and ensuring compliance with all related commercial agreements based on a strong working knowledge of relevant commercial environments, counterparties, and contracts that interface with the facility.
• Leading to completion ad-hoc special projects or initiatives with respect to specific assets, or common initiatives across all assets, as applicable.
• Managing commercial reporting and commercial management functions with asset partners.
• Participating in the evaluation of new assets/opportunities identified by Business Development for acquisition or greenfield/brownfield development.