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ProEnergy Services

Project Development Manager

ProEnergy Services, Houston, Texas, 77246


Project Development Manager About WattBridge WattBridge Energy is a Houston, Texas-based global independent power producer. Serving as a bridge between emissions-intensive power generation and a fully renewable future, WattBridge operates under the vision of enabling wind and solar-energy growth. With 2,400 MW operating or under construction in ERCOT and a further 1,600 MW in advanced development-all driven by reliable LM6000 engines-WattBridge is among the largest owners and operators of this technology in the world. Our Footprint We are primed for the Energy Transition with permanent service locations in Missouri, Texas, and Argentina. Our world-class Missouri headquarters is purpose-built to meet peaking-power needs. It sits on 90 acres in Sedalia and features more than 900,000 sq. ft of facilities and equipment, including the only independent Level-IV aeroderivative depot in North America and a hydrogen-ready string-test facility that enables full-speed, full-load testing. Our Houston, Texas, office is a strategic satellite positioned near our own peaking-power installations. Our Philosophy We take care of our people and strive to make a positive difference for the world. We offer competitive pay, excellent benefits that include Medical, Dental, Vision, and Life/Disability Insurance at minimal cost to the employee, 10 paid holidays, paid time off and a 401K plan. If you are looking for a rewarding career and possess the specialized knowledge and quality-oriented problem-solving skills, we encourage you to apply today. Position Summary This position is responsible for all aspects of project development, project execution, deal origination and financial close across the WattBridge portfolio of assets and development pipeline. This position also defines project objectives, tasks, and timelines and executes to deliver overall asset development and asset management project goals. S/he interfaces with project stakeholders including electric transmission, natural gas, off takers, water supply, permitting, EPC, local authorities, government entities, permitting authorities and 3rd party consultants to identify project requirements and develop efficient solutions. S/he also ensures timely and cost- effective delivery of power generation assets leading to financial close of projects and project execution thru to commercial operation. In addition, this role identifies project bottlenecks and efficiently, and cost-effectively, develops and executes solutions. S/he performs project evaluation and investment analysis to support capital allocation decisions and optimize asset returns. This role is responsible for development, management, negotiation and execution of project agreements in support of construction, funding, operation and ownership of power generation assets. Supports all aspects of financial close due diligence and project execution. Position Responsibilities Asset Management Monetize operating portfolio by working with third party Energy Manager Manage asset daily settlements in conjunction with Energy Manager Interface with asset O&M provider on all reporting requirements Meet compliance, regulatory and operating requirements Budget development and execution (P&L, operating cost, forecasting) Plant operations interface on asset performance Offtake, gas, water, transmission agreement management Asset Development Perform due diligence on prospective project and market locations Find land, water, transmission, gas, air and all other project infrastructure solutions Work with regulatory, government affairs, permitting authorities, env assessment solutions Work with off-takers to establish commercial basis and optimum location of asset Manage 3rd party consultants to deliver cost effective development solutions Develop project development spend budgets and manage to most cost effective outcome Project Execution Support and leading bank, investor and off-taker due diligence in an effort to close on lender financing, equity capital, and offtake agreements Provide post financial close and NTP support of all project execution / construction - eg construction permitting, local authority approvals, transmission interconnect, gas interconnect, water interconnect, ERCOT commissioning, plant start-up Serve as IE interface and management during construction and loan draws Conduct equity partner due diligence / Q&A support Manage all project execution reporting requirements associated with lending partners Deal Development Work and develop analytics around market and commercial structure with third parties like ICF, Leidos, Ascend Analytics and PA Consulting Identify and develop commercial market opportunity and develop a deal structure and aggregating component pieces into a financeable project Work with battery suppliers, renewable developers / owners, offtake hedge providers to assemble a viable project commercial structure Build pro formas in cooperation with internal modeling expertise to screen and develop projects to financeable maturity Serve as lender and investor interface on raising capital around the WattBridge platform Develop market CIM / presentation material to support lender, off-taker and investor outreach Develop and manage a green hydrogen production model in concert with internal modeling expertise that advances WattBridge efforts towards a green hydrogen project Prove out our 100% hydrogen burn capability as a means to fully "green" the WattBridge platform by working in concert with internal ProEnergy engineering, design and manufacturing personnel Required Qualifications Bachelor Degree; Degree in Engineering preferred 5 years of power generation and/or industry related experience Proven project management experience involving large multi-functional tasks and multiple counterparties Demonstrated technical, economic and commercial evaluation in supporting decision making P&L improvement experience in power generation portfolios Proven experience leading and managing multi-functional teams Must read, write and speak fluent English. Successful candidate will need to satisfactorily complete pre-employment drug screen and background check US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa. Desired Qualifications Uses technical, quantitative, analytical and professional knowledge to deliver innovative project solutions Obtains and applies knowledge of competitive business practices in daily work activities and decision making Works effectively in a multi-function / skill environment bringing various stakeholders together to achieve a common project goal Seeks and understands the customer/client's needs and focuses on meeting and exceeding their expectations Analytical problem solving and critical thinking skills used to deliver cost effective and efficient solutions Anticipates and accepts changes in the organization and adapts to meet the new requirements. Uses data to make and optimize decisions Able to understand problems with multiple variables and incomplete information and formulate solutions and make decisions in a dynamic environment Requires operation of a motor vehicle; Valid State Driver's License It is PROENERGY's policy to provide equal opportunity in employment to all its employees and applicants for employment without regard to race, color, religion, sex, pregnancy, age, disability, national origin, marital status, ancestry, medical condition, military status, or any other characteristic protected by State or Federal law.