Manager/Director, Origination

Jupiter Power is an energy infrastructure company focused on the development, construction, and operation of energy storage assets in wholesale electricity markets. Formed in 2017, the company is a national leader in energy storage deployment, utilizing its proprietary dispatch optimization applications to maximize the value of our storage deployments to the gird. Backed by BlackRock’s Diversified Infrastructure business, Jupiter Power has a strategic and established portfolio of over 1,400 megawatt hours of utility-scale energy storage projects operating or in construction in the U.S., with a leading pipeline of over 11,000 megawatts in active development.

Jupiter seeks to hire a highly motivated and experienced professional as its Manager or Director, Origination. The successful candidate will lead Jupiter’s outreach to potential customers across the U.S.

Key Responsibilities

•      Originate and lead commercial negotiations with utility, co-op, municipal, and corporate customers and partners and assist in conceptualization and execution of novel energy storage off-take strategies

·        Build and maintain relationships with key customers through direct engagement and attendance at industry conferences. Execute outreach strategy to meet objectives by customer tier.

·        Provide direct feedback to development group on market intelligence to support project M&A, origination and new siting work. Support execution of these objectives, including managing M&A deal activity.

·        Source potential M&A and partnership opportunities to service market demand

·        Manage internal team in preparing and submitting proposals to potential customers

•      Collaborate with analytics, finance, EPC, legal and management teams in preparing pricing and commercial terms for storage off-take. 

•      Establish and maintain Jupiter’s local presence and relationships in select markets, and contribute to preparation of marketing materials to build Jupiter’s brand

•      Interface with project development and finance teams to align commercial objectives with project details

•      Substantially contribute to execution of the company’s objectives and assist in board and other key stakeholder communications, including regular quarterly reports on origination activity

Preferred Skills & Experience

•      Post graduate degree and 5+ years of experience in energy project development, origination, and commercial transactions

•      Network in the energy industry among targeted customers as well as other developers

•      Working knowledge of RTO operations, power generation and storage technologies

•      Proven creativity skills and capacity to solve problems with out-of-the-box solutions

•      Knowledge of energy trading and market pricing dynamics

•      A solid track record of success in a development or sales capacity in the clean energy sector

•      Strong sales, marketing, and time management skills

Requirements

•      3-7+ years of experience in energy project development, engineering, and/or origination and commercial transactions 

•      Familiarity with energy industry transactions, including PPAs, tolls, and hedges

•      Experience with energy storage and/or renewable energy

•      High technical and commercial acumen to contribute to Jupiter’s view of competitive dynamics

•      Experience collaborating with diverse teams to successfully deliver complex projects

•      Comfortable with ambiguity and making business decisions with limited information

•      Eager to wear multiple hats depending on business need and project priorities

•      High comfort level with small teams & organizations, with the curiosity and enthusiasm to innovate and formulate new ideas and to bring the best out of co-workers

•      Unafraid to take ownership and initiative, in order to be to be effective within a highly motivated, fast-moving team

Jupiter seeks individuals eager to develop their core professional knowledge, learn new areas of the business and take on additional responsibilities within Jupiter’s dynamic team. Secondary responsibilities will be tailored to individual candidate backgrounds as well as company priorities.

Benefits

Candidate should expect up to 50% travel. Compensation and benefits offered will be commensurate with the experience and qualifications of the candidate. Location is flexible with a preference for Chicago, IL.

Jupiter Power LLC is an equal opportunity employer that prioritizes diversity of experience and background.