Location: Philadelphia,PA, USA
Senior Manager, Energy Storage
About the job
Madison Energy Infrastructure ( MEI ) believes in the power of clean energy infrastructure and has quickly emerged as a preeminent developer, investor, asset owner, and operator of distributed generation. This role represents a critical next step in MEI's evolution toward offering direct, end-to-end services to Fortune 500 corporates, public entities, nonprofits, and other private customers alike and building out development pipelines to finance renewable energy projects with our development partners.
This position will play a critical role in evaluating and assessing the economic and technical feasibility and viability of potential energy storage and solar + storage projects throughout the United States and North America. Leveraging your expertise in energy storage systems development and construction you will work as a key part of the M&A and development teams conducting thorough due diligence to inform investment decisions and mitigate risks associated with energy storage projects, as well as work directly with other MEI commercial and technical teams to ensure projects are successfully completed. This position is best filled by an exceedingly organized self-starter with a broad understanding of energy storage markets throughout the United States.
What You'll Be Doing:
* Conduct comprehensive review of potential energy storage projects targeted for acquisition or development to evaluate project feasibility, technical constraints, and development risks, considering factors such as program requirements, site suitability, interconnection, permitting, resource potential, interconnection requirements, procurement risks and regulatory compliance.
* Recommend solutions to sequence and address development and other technical considerations that account for schedule delays, costs, enhanced risks, and other commercial considerations to consider when analyzing a project's economic viability.
* Provide research and due diligence support on all federal, state and local officials, regulators, utilities, RTOs, and other stakeholders throughout the project development and M&A process.
* Work with MEI's Engineering & Procurement and Construction teams in reviewing engineering reports, design documents, and project data to assess the technical integrity and performance potential of energy storage projects.
* Assist in the preparation and communication of comprehensive due diligence reports and investment committee presentations summarizing key findings, technical assessments, and risk factors for strategic acquisition opportunities.
* Coordinate with internal stakeholders and development partners to track deliverables for transactions and ensure that they are provided across the deal portfolio and/or development portfolios.
* Work cross-functionally with MEI's acquisitions, legal, real estate, finance, valuation, business development, and E&C teams to bring projects into MEI's delivery and finance ecosystem efficiently.
* Act as key partner in development of long-term company strategy and initiatives related to the acquisition and development of energy storage projects.
* Support and guide the work and professional development of junior team members.
What We Are Looking For:
* Bachelor's degree in engineering or related technical field, preferably electrical, mechanical, or renewable energy, energy systems, or other similar fields. Master's degree or relevant professional certifications are a plus.
* Minimum of 5 years of experience in the energy storage industry, preferably in project development, construction and financing of energy storage systems across CAISO, ERCOT, PJM, MISO, ISO-NE, and ISO-NY.
* Strong technical expertise in energy storage project development, interconnection, and regulatory and state and utility program compliance.
* Experience conducting due diligence and driving projects to construction for project development and M&A.
* Excellent analytical, problem-solving, and communication skills.
* Detail-oriented with the ability to manage multiple tasks and meet deadlines, and strong organizational and record keeping skills.
* Ability to work collaboratively with teammates across functions and see how small details in one area can affect all sorts of other functions and economics.
* Strong written and oral communication skills required.
Location: New York, NY, Philadelphia, PA, or Washington, DC Metro (hybrid, onsite 4 days a week)
$150,000 - $190,000 a year
Actual salary offered may vary depending on job-related factors including, but not limited to, knowledge, skills, experience, and location.
Madison Energy Infrastructure is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.