Director, Origination

The Company

Cypress Creek Renewables is powering a sustainable future, one project at a time. We develop, finance, own and operate utility-scale and distributed solar and storage projects across the country. Fostering a diverse group of innovative thinkers from all backgrounds, Cypress people are drawn to work in a purpose-driven organization. We hope you will join us.

Overview

The Director, Origination is responsible for building and maintaining relationships with market participants and relevant end-users. The position will be responsible for sourcing and structuring offtake agreements including PPAs, Utility RFPs, and bilateral offtake agreements.

This position will work closely with the entire Revenue team as well as members of the Development and Finance teams at Cypress Creek Renewables. The role offers the opportunity to support the company’s growth by delivering renewable energy solutions to customers across the country. The position will provide critical insight into customer needs to help focus the company’s customer-led development strategy and product innovation. This is a fantastic opportunity to join a growing commercial team actively advancing renewable energy projects.

Responsibilities

• Drive internal and external process related to offtake opportunities, including RFP engagements with regulated utilities, as well as bilateral offtake negotiations.
• Develop and execute on origination strategy, with a bias towards offering wholistic power solutions to Large Load Customers
• Build and maintain relationships with new and existing customers, manage customer engagement and qualification of opportunities.
• Contribute to marketing efforts and customer outreach to communicate key attributes of product offerings
• Leverage the company’s greenfield pipeline and existing fleet of solar and battery storage assets to structure value-added products for customers
• Support the sourcing, negotiation, and execution of long-term PPAs, VPPAs, and innovative commercial structures with corporate customers to facilitate the development of solar and storage while meeting customer sustainability goals
• Identify customer opportunities and lead the pricing, structuring, and negotiation of offtake agreements
• Represent the company to potential customers in bilateral meetings and at industry events
• Collaborate effectively with cross-functional teams including Revenue, Development, Project Finance, Fleet, and Solutions teams
• Prepare internal analysis, memos, and presentations, manage CRM
• Stay informed on trends impacting renewable development and their implications for customer opportunities

Education & Experience Required

• Minimum five (5) years of experience with an IPP, power marketing firm, corporate energy end-user, utility, or consultant with direct customer engagement experience
• Experience sourcing and landing deals
• Experience managing customer relationships
• Knowledge of / experience with datacenter power procurement, relationships in this space is highly desirable
• Existing network of potential customers, (utilities, co-op’s, end users, LSE’s)
• Knowledge of U.S. energy markets, RTO operations, and electric transmission
• Knowledge of the physical transmission system and long-term procurement required to enable generation projects
• Knowledge of Natural Gas markets, physical pipelines
• Bachelor’s degree in a relevant subject area required
• Experience leading contractual analysis and proposal submissions
• Demonstrated ability to originate, structure, negotiate, and implement PPAs coordinating with customers, internal stakeholders, and external advisors
• Ability to identify and formulate risk management strategies for various offtake structures
• Strong commercial capabilities to balance customer and business needs
• Professional presence and excellent communication skills
• Understanding of renewable generation technology, especially solar and battery storage
• Willingness and ability to travel as needed

Location: The preferred location for this role is one of our office locations: New York City, NY, Washington DC or Chicago, IL. Our team operates on a hybrid schedule, with in-office schedule of three days per week.

Compensation: The salary range for the position is $215,000 $245,000 plus bonus and benefits. Compensation may vary outside of this range depending on a number of factors, including a candidate’s qualifications, skills, competencies and experience, and location.

Benefits:

• 15 days of Paid Time Off, accrual up to 20 days, 11 observed holidays.
• 401(k) Match