Vice President, Corporate and Project Development

Xcel Energy

Minneapolis, MN

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JOB DETAILS

SALARY

$15–$20 Per Hour

SKILLS

Administrative Management, Adobe Acrobat, Alternative Energy, Analysis Skills, Best Practices, Business Administration, Business Analysis, Business Development, Business Operations, Business Practices, Business Skills, Business Strategy, Communication Skills, Compensation and Benefits, Corporate Planning, Cost Estimates, Cross-Functional, Dental Insurance, EEO Regulations, Electricity, Emerging Technology, Energy & Utilities, Establish Priorities, Financial Analysis, Financial Strategy, Fitness, Flexible Spending Accounts, Health Plan, Healthcare Reimbursement, Incentive Programs, Information Technology & Information Systems, Internet Security, Lead Generation, Leadership, Life Insurance, Maintenance - Electrical, Mergers and Acquisitions, Natural Gas, Negotiation Skills, Oil and Gas, Organizational Development/Management, Pharmacy, Presentation/Verbal Skills, Process Management, Project Development, Project Engineering, Project Planning, Project Tracking, Project/Program Management, Regulations, Regulatory Compliance, Reimbursement, Sales Qualification, School Attendance, Solar Power, Strategic Planning, Supply Chain, Talent Management, Team Lead/Manager, Venture Capital, Vision Plan, Writing Skills

LOCATION

Minneapolis, MN

POSTED

1 day ago

Minneapolis, Minnesota, 55401, United States of America Denver, Colorado, 80205 Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow? A position at Xcel Energy could be just what you're looking for. Position Summary: The VP of Corporate and Project Development will lead strategic initiatives across four key domains: Corporate Development, Purchased Power, Project Development, and Carbon-Free Technology and Commercialization. This executive will be instrumental in leading generation and other growth investments (e.g. $15-20bn of 5-year generation investment and managing one the industry's leading project pipelines (10GW), driving the commercialization of new technologies and innovation, and positioning the utility as a leader in the clean energy transformation while meeting the demands of new load growth. The following functions will report to the VP: Corporate Development: Leads and develops the corporate and project development teams responsible for negotiating and executing mergers, acquisitions, and divestitures along with asset project development Leads efforts to evaluate, recommend, and develop strategic growth opportunities in coordination with senior leadership. Responsible for developing and executing asset-level strategies focused on renewable energy (solar, wind, batteries), dispatchable generation, carbon-free technologies (e.g. geothermal, long-duration storage, hydrogen), and other infrastructure investments to enhance long term growth and positioning in the market for the company. Develop and manage a methodology for assessment and review of the business portfolio for financial contribution and strategic fit. Implement and manage a process for the screening and evaluation of business development opportunities and competitive threats Project Development: Leads the strategic planning, development, and execution of utility-scale renewable and dispatchable generation projects. Strategic Leadership: Define and execute the long-term strategy for renewable (wind, solar, storage) , gas and emerging carbon free generation development, aligning with corporate decarbonization goals and integrated resource plans Project Development Oversight: Direct and coordinate all phases of project development including site selection, permitting, interconnection, supply chain selection, scheduling and cost estimating and stakeholder engagement Team Management: Lead a multidisciplinary team including project managers, engineers, schedulers, and cost controllers. Oversee organizational design and talent development to support growth and execution capacity Purchased Power: Direct the management, administration, negotiation, renegotiation, restructuring, acquisition, and on-going operation of long-term purchased power contracts for Xcel Energy's four utility operating companies. Develop purchased power strategies including compliance with currently evolving regulatory and legislative initiatives. Responsible for over $1.5 billion per year of purchased power. Carbon Free Technology Innovation and Commercialization: Provide strategic leadership of activities related to innovation, demonstration, and commercialization/ scaling of emerging technologies for the utility industry. Lead the team responsible for interactions with external venture capital, business incubators, governmental/non-governmental research groups, and others to identify and prioritize innovative technologies, operational practices, and business innovation strategies that could be applied across Xcel Energy (XE). Collaborate with internal teams and technology providers to pilot, test, scale and/or commercialize technology and implement innovative ideas and business practices. Engage in research, development, deployment, and full implementation of innovative new technologies across all of XE's operating units and jurisdictions to create business value. Minimum Requirements: Bachelor's degree in technical or financial field. MBA strongly desired. 12-15 or more years of business development, corporate development, utility, regulatory or equivalent experience in finance, strategy development and project development. Excellent written and oral communication skills. Proven analytical and financial analysis capabilities. Strong negotiating skills. Capable of integrating technical, managerial, and business judgment. Ability to interact effectively with executive level management and the Board of Directors. Ability to work well within a team, and to successfully lead and interact with individuals at all levels of the organization. Experience in or extensive knowledge of an energy related field. As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you're ready to be a part of something big, we invite you to join our team. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Individuals with a disability who need an accommodation to apply please contact us at recruiting@xcelenergy.com . Non-Bargaining The anticipated starting base pay for this position is: $270,000.00 to $325,000.00 per year This position is eligible for the following benefits: Annual Incentive Program, Long Term Incentive, Medical/Pharmacy Plan, Dental, Vision, Life Insurance, Dependent Care Reimbursement Account, Health Care Reimbursement Account, Health Savings Account (HSA) (if enrolled in eligible health plan), Limited-Purpose FSA (if enrolled in eligible health plan and HSA), Transportation Reimbursement Account, Short-term disability (STD), Long-term disability (LTD), Employee Assistance Program (EAP), Fitness Center Reimbursement (if enrolled in eligible health plan), Tuition reimbursement, Transit programs, Employee recognition program, Pension, 401(k) plan, Paid time off (PTO), Holidays, Volunteer Paid Time Off (VPTO), Parental Leave Benefit plans are subject to change and Xcel Energy has the right to end, suspend, or amend any of its plans, at any time, in whole or in part. In any materials you submit, you may redact or remove age-identifying information including but not limited to dates of school attendance and graduation. You will not be penalized for redacting or removing this information. Deadline to Apply: 04/14/26 EEO is the Law | EEO is the Law Supplement | Pay Transparency Nondiscrimination | Equal Opportunity Policy (PDF) | Employee Rights (PDF) All Xcel Energy employees and contractors share responsibility for protecting the company's information and systems by adhering to cybersecurity policies, standards, and best practices, recognizing that cybersecurity is everyone's responsibility. ACCESSIBILITY STATEMENT Xcel Energy endeavors to make https://www.xcelenergy.com/ accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact Xcel Energy Talent Acquisition at recruiting@xcelenergy.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications. d24ad0b8-823f-4e68-a892-2986ccdf7392

About the Company

Xcel Energy

As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you’re ready to be a part of something big, we invite you to join our team. At Xcel Energy, we pride ourselves on providing a dynamic work environment for our employees, where they are challenged, respected, and rewarded. We have a wide variety of positions working together to make our company successful, and we’re constantly looking for new talent to join our team.

Military Friendly employer. http://militaryfriendly.com/employers/xcel-energy/ https://www.youtube.com/watch?v=E8j5-m9a348

Named one of the Human Rights Campaign's Best Places to Work 2018 http://www.hrc.org/resources/best-places-to-work-2018

https://www.youtube.com/user/XcelEnergyVideo

COMPANY SIZE

10,000 employees or more

INDUSTRY

Energy and Utilities

EMPLOYEE BENEFITS

Employee Events, Retirement / Pension Plans, Tuition Reimbursement, Life Insurance, Paid Sick Days, Performance Bonus, Professional Development, 401K

WEBSITE

http://www.xcelenergy.com