Vestas · 2 hours ago
Director Of Business Development- Wind Energy
Vestas is a leading company in renewable energy development, specifically in wind energy. They are seeking a Director of Business Development to drive growth initiatives and manage partnerships in the North American market, focusing on the development and optimization of renewable energy assets.
EnergyEnvironmental EngineeringRenewable Energy
Responsibilities
Investigate, analyze and execute attractive growth opportunities for the business which includes renewable project acquisitions (e.g. wind, solar, BESS, hybrid), joint ventures, and strategic relationships with other developers, IPPs, utilities, energy off-takers and large load asset owners such as data enters or large industrial manufacturers
Commercial enablement and optimization of Steelhead’s existing pipeline of wind and hybrid energy projects which includes finding development partners, large load partners, asset buyers, and energy offtakers for projects in unique locations and characteristics
Creating and maintaining relationships with utility energy offtakers and/or buyers in the regulated markets (WECC, SERC, etc.)
Assessment of new opportunities based on thorough understanding of the North American renewable energy business, including markets, technology and competitors; be able to quickly identify attractive investment opportunities and decline unattractive ones
Work closely and negotiate with commercial counterparties, utilities, IPPs, government entities, and other stakeholders on projects / transactions
Effectively advocate internally for growth opportunities, including completion of internal investment approval memos and presentations to the Steelhead investment committee which includes executive management
Complete internal corporate requirements for reporting on the development of growth opportunities. Report on project development status to management via written reports and participation in management meetings and calls
Support the finance and legal departments during interactions with third parties (tax equity partners, construction financing, etc.) to ensure transaction terms are favorable
Coordinate with executive team to devise a strategy focused on identifying favorable markets, and commercial strategies for growth and pipeline monetization
Developing business plans and case studies for new growth opportunities
Support or manage the asset sales process including creation of sales process letters, teasers, CIMs, data room build-out, bid analysis and commercial MIPA/APA negotiation
Qualification
Required
Bachelor's or master's degree in engineering, finance, business administration, or equivalent relevant discipline
10 to 15 years of experience in business development, M&A transactions, project development or project finance in the renewable energy development industry (experience in wind energy is a must-have)
Experience in and understanding of the North American power sector, including legal and/ regulatory aspects, market environment, competition, stakeholders, counterparties, and other areas that impact growth initiatives
Network of commercial relationships among key stakeholders in the industry
Knowledge and capabilities in all the aspects of project development, including power sales, commercial markets, construction, permitting, interconnection, transmission, fuel supply, project financing, contracts, land acquisition, and financial analysis
Knowledge and experience with key project contracts: Power Purchase Agreements, Generator Interconnection Agreements, Turbine and Equipment Supply Agreements, Partnership and Purchase and Sale Agreements, Equipment Purchase Agreements and Operations & Maintenance Agreements would be of value
Financial, commercial and game theory understanding and practice
Ability to manage and prioritize multiple initiatives simultaneously while organizing one's own tasks
Comfortable making fast decisions in an environment characterized by planned shifts
Provides commercial guidance and strategic insight
Understands financial models, risks/reward balance, and what drives value in greenfield projects / M&A opportunities
Effective spokesperson and public representative for Steelhead and Vestas
Proficient negotiating and problem-solving skills with emphasis on attention to detail
Highly numerate and computer literate, skilled in the use of MS Office software for presentations, memos, and financial analytics
Effective communication and interpersonal skills
Capable of making sound strategic and operational decisions through analyzing data, focusing on customers and commercial awareness
Preferred
Data center development or management consulting experience would be beneficial
Experience in design and construction of renewables would be a benefit
Benefits
Healthcare
Dental
Vision
Paid time off (PTO)
Generous 401(k) plan
Tuition assistance
And much more
Company
Vestas
Vestas is the only global energy company dedicated exclusively to wind energy. Wind is our business and our passion.
Funding
Current Stage
Late StageTotal Funding
$487.49MKey Investors
The Energy Technology Development and Demonstration ProgrammeEuropean Investment BankAustralian Renewable Energy Agency
2024-08-27Grant
2022-07-05Debt Financing· $487.2M
2019-03-18Grant· $0.29M
Leadership Team
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2026-01-11
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