CoreWeave · 1 week ago
Power Procurement Manager
CoreWeave is a rapidly growing technology company delivering purpose-built cloud infrastructure that powers the AI revolution. As a Power Procurement Manager on the Energy & Sustainability team, you will lead the structuring, negotiation, and execution of power procurement and risk management transactions for CoreWeave’s data center portfolio, enabling rapid infrastructure expansion while managing cost, risk, and reliability across power markets.
Artificial Intelligence (AI)Cloud ComputingSemiconductorInformation TechnologyAI InfrastructureCloud InfrastructureGPUMachine Learning
No H1BU.S. Citizen Only
Responsibilities
Own and formalize the end-to-end process for executing energy procurement transactions, from market analysis and structuring through contract execution and post-deal management
Lead execution of electricity supply agreements, Power Purchase Agreements (PPAs), Virtual PPAs (VPPAs), and other structured energy transactions across U.S. and European markets
Develop standardized contracting, approval, and risk review workflows in partnership with Finance and Legal, ensuring clear governance for all energy transactions
Execute power procurement strategies that balance cost, risk, reliability, and sustainability for CoreWeave’s data center portfolio
Work directly with data center operators and developers to align power procurement with site selection, load growth, and operational requirements across current sites and future builds
Support renewable energy and clean energy transactions that add new capacity to the grid and advance corporate sustainability objectives
Design and execute energy hedging strategies (e.g., forwards, structured products) in collaboration with Finance and data center operators to mitigate exposure to price volatility, congestion, and basis risk
Analyze load forecasts, market pricing, and regulatory structures to inform transaction timing, tenor, and product structure; monitor market exposure and manage contract positions over time
Lead engagement with utilities, data center operators, and developers on transmission and distribution agreements, including service agreements, interconnection arrangements, and related infrastructure commitments
Coordinate closely with data center development, design, and engineering teams to align power delivery timelines with project schedules
Lead commercial negotiations with utilities, energy suppliers, renewable developers, and other counterparties to secure favorable terms
Manage executed contracts to ensure compliance with commercial terms, regulatory requirements, and internal policies, maintaining detailed documentation and reporting across the energy portfolio
Qualification
Required
10+ years of experience in energy procurement, power trading, or utility/retail energy markets, ideally with exposure to technology or data center–intensive sectors
Deep understanding of U.S. power markets, with meaningful experience in deregulated markets; familiarity with European power markets and regulatory structures
Proven track record structuring and negotiating complex energy contracts, including electricity supply agreements, PPAs, VPPAs, tariffs, and long-term utility or developer agreements
Strong expertise in energy forecasting, market and basis risk analysis, and financial modeling for energy transactions and hedging strategies
Demonstrated ability to design and execute hedging strategies to manage exposure to price volatility, congestion, and other market risks
Experience engaging and negotiating with utilities, energy suppliers, and developers on transmission, distribution, and interconnection arrangements
Highly organized operator with strong process discipline; able to build, document, and continuously improve contracting, approval, and risk review workflows
Excellent communicator and collaborator who can translate complex energy and risk concepts for non-technical stakeholders and work effectively with Data Center Operations, Design & Engineering, Finance, Legal, Corporate Development, and Sustainability
Preferred
Experience supporting or leading energy procurement for data centers, hyperscalers, cloud providers, or other large, 24/7 load profiles
Direct experience developing or executing renewable energy strategies (e.g., greenfield PPAs, VPPAs, RECs, guarantees of origin) that add new clean capacity
Familiarity with transmission planning, congestion management, and interconnection processes in key U.S. markets; exposure to European grid and policy dynamics
Comfort working in fast-paced, high-growth environments where priorities evolve quickly and decisions need to be made with imperfect information
Proficiency with energy market analytics tools and advanced Excel/financial modeling; experience with BI or reporting tools is a plus
Benefits
Discretionary bonus
Equity awards
A comprehensive benefits program (all based on eligibility)
Medical, dental, and vision insurance - 100% paid for by CoreWeave
Company-paid Life Insurance
Voluntary supplemental life insurance
Short and long-term disability insurance
Flexible Spending Account
Health Savings Account
Tuition Reimbursement
Ability to Participate in Employee Stock Purchase Program (ESPP)
Mental Wellness Benefits through Spring Health
Family-Forming support provided by Carrot
Paid Parental Leave
Flexible, full-service childcare support with Kinside
401(k) with a generous employer match
Flexible PTO
Catered lunch each day in our office and data center locations
A casual work environment
A work culture focused on innovative disruption
Company
CoreWeave
Cloud infrastructure for AI and high-performance computing workloads.
Funding
Current Stage
Public CompanyTotal Funding
$49.24BKey Investors
Jane Street CapitalNVIDIAGoldman Sachs,JPMorganChase,Morgan Stanley,MUFG Union Bank
2026-09-18Post Ipo Debt· $3.7B
2026-08-10Post Ipo Debt· $2.6B
2026-06-11Post Ipo Debt· $3.56B
Leadership Team
Peter Salanki
Chief Technology Officer
Nitin Agrawal
Chief Financial Officer
Recent News
2026-10-07
2026-10-07
Company data provided by crunchbase