Corporate Development Director

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

Lead Corporate Development strategy across operating companies, driving acquisitions, divestitures, joint ventures, and high-load electric sales agreements (i.e. data centers). Develop investment strategies for emerging segments and technologies. Oversee financial analysis, due diligence, and negotiations to ensure strategic alignment. Guide business units in opportunity development and portfolio optimization. Manage execution and regulatory coordination of approved projects. Provide leadership and deal expertise across the Corporate Development team.

Essential Responsibilities

- Provide leadership to the Corporate Development team in developing and managing one or more Operating Company Corporate Development Strategies. Independently negotiate multiple large, complex transactions simultaneously. Identify/build investment strategies for entry into new business segments/asset classes. Direct the assessment of potential business expansion opportunities, including acquisitions, divestitures, joint ventures and high-load customer electric sales agreements (i.e. data centers) for financial contribution and strategic fit. Conduct financial evaluations and due diligence reviews of potential opportunities. Coordinate and participate in transaction negotiations.

- Provide guidance and support to business units in assessing and developing new corporate development initiatives which are consistent with company strategic and financial objectives.

- Maintain and continuously improve a consistent methodology for the screening and prioritization of business opportunities and resource allocation. Review and screen business expansion opportunities against screening criteria.

- Evaluate the company's portfolio of businesses and assess the gaps that exist in the corporation relative to capabilities, markets, business scope, and investment risk/return, and recommend approaches to close those gaps.

- Coordinate and conduct the project management of corporate development opportunities that have been approved for implementation.

- Coach and develop staff in all areas of Corporate Development deal identification.

Minimum Requirements

- Bachelor's degree in a technical or financial field required. MBA preferred. Will consider equivalent combination of knowledge/capabilities from experience and education.

- Ten years’ experience in acquisitions and divestitures, or equivalent corporate development experience.

- Demonstrated skilled negotiator.

- Excellent written and verbal communication skills.

- Demonstrated financial analysis and modeling capability.

- Deep knowledge of transaction-related tax, accounting, legal, and human resource issues.

- Capable of integrating technical and business judgment.

- 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.

- Must be available to work additional hours.

- Overnight travel as needed.

Preferred

- Previous data center negotiation experience preferred

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: $144,800.00 to $205,600.00 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: 09/04/25

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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.