Puget Sound Energy · 3 days ago
Senior Energy Originator
Bellevue, WA
Full-time
Hybrid
Senior Level
$143K/yr - $239K/yr
7+ years expPuget Sound Energy is looking to grow their community with talented individuals, and they are seeking a Senior Energy Originator to lead the origination and commercial negotiations for energy supply agreements for new renewable energy resources. This role is critical for reshaping how PSE generates power, focusing on clean energy and decarbonization goals.
Utilities
Responsibilities
Lead the commercial resource acquisition RFP (request for proposal) process and due diligence of assigned energy transactions. This process includes but is not limited to financial feasibility, pricing, credit risk, engineering, operations, environmental, legal, and real estate reviews
Oversee and lead negotiations of commercial deals and agreements critical to PSE's corporate growth strategy, such as ownership and development projects, purchase and sales agreements (PPAs, tolling agreements), O&M agreements, real estate agreements, interconnection agreements, and service agreements
Identify risks associated with transactions during the due diligence process and ensure contractual agreements include necessary risk mitigation terms and other relevant provisions
Manage relationships with energy project developers and owners
Ensure that all conditions are met related to deal closing and that transactions are successfully closed and set up for further monitoring
Support regulatory affairs in demonstrating prudence of transaction as needed, including preparing and providing testimony in Washington Utilities and Transportation Commission (WUTC) rate cases
Collaborate with a cross-functional team of legal, financial, technical, analytical, regulatory, and public affairs staff and manage external vendors and consultants
Perform other duties as assigned
Qualification
Required
Bachelor's degree in engineering, finance, economics, business administration, or an equivalent combination of education and/or work experience
Seven (7) years relevant work experience to include five (5) years of increasing responsibility in the utility, oil, gas or independent power sector, and experience in project development or commercial acquisitions
Experience developing, closing acquisitions, or negotiating power purchase agreements with two utility-scale projects of 50MW or greater
Lead originator and/or negotiator for at least two utility-scale transactions
Deep understanding of power markets and related economic principles
Strong business and financial analytical skills with capability to analyze a wide array of business challenges
Demonstrated experience and ability to lead and influence cross-functional teams and stakeholders
Excellent verbal and written communication skills, including ability to contemporaneously document evaluation, due diligence, and negotiation initiatives for later prudence purposes
Ability to understand complex financial pro-formas and provide direction to analytical staff
Preferred
MBA or related post graduate degree
Experience with renewable energy or related energy technologies in the development, investment, asset monitoring, or utility space
Benefits
Medical
Dental
Vision
Basic life
Short- and long-term disability insurance
Supplemental life insurance
Accidental death and dismemberment insurance
Flexible spending accounts for health care and dependent daycare
Employee assistance program (EAP)
401(k) investment option
Cash balance retirement plan
Paid Time Off (PTO)
Paid Holidays
Company
Puget Sound Energy
Puget Sound Energy (PSE) is Washington state’s oldest local energy company.
1001-5000 employees
H1B Sponsorship
Puget Sound Energy has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (9)
2024 (16)
2023 (14)
2022 (14)
2021 (12)
2020 (17)
Funding
Current Stage
Late StageLeadership Team
Wade Smith
EVP & COO
Lorna Luebbe
General Counsel/Senior Vice President/Chief Sustainability Officer
Company data provided by crunchbase