Originator

Title:

Originator

Location:

On Site, San Francisco, CA

Why Statkraft?

Statkraft has been making clean energy possible for over a century. That’s what we offer. 125 years of unrivalled expertise in supplying the world with what it needs most. We envision a world that runs entirely on renewable energy. Because in the fight against climate change, we don’t see renewable energy as part of the solution – we believe it must be the solution. With us, you’ll shape a career that is truly forward-facing with many amazing opportunities and offerings to match.

But there’s more work to be done – that’s why we need you to join us.

Working in Origination, USA

As a PPA Originator, you will be responsible for developing Statkraft into a leading market integrator in the PPA market, matching the needs of renewable generators to electricity buyers (with or without an RPS or voluntary obligation). You will be responsible for building on the existing downstream (and, partially, upstream) origination businesses, increasing both the flow of deals as well as new market relationships. You will be a key contributor to the pricing and hedging of all deals within the team. Finally, you will manage and be responsible for the completion of all tasks by leading through your expertise and commitment to collaboration.

Job Description

- Help build Statkraft’s PPA origination business

- Build and maintain key relationships with various end-users across corporate, financial and load-serving sectors

- Engage with industry participants to build the Statkraft brand and promote awareness

- Identify, analyse, negotiate, and execute complex structured energy transactions in PJM (and secondly, ERCOT) with a focus on renewable PPAs

- Develop financial models for risk analysis and management presentations

- Contribute to deal pricing and deal hedging, in coordination with other colleagues in the Origination and Portfolio Management teams

- Assess and translate competition, industry trends, emerging customer challenges, and changes in the marketplace into market strategies and product offerings

- Maintain constant interaction with credit, operations, and trading teams as necessary to advance target transactions

- Manage and lead Statkraft’s team of professionals through all aspects of the complex sales process, coordinating internal support necessary for developing the key inputs required for profitable pricing and successful closing of transactions

- Take care of day-to-day administrative issues related to the contractual portfolio

- Create systems and tools to help business scale

Qualifications

- 5+ years of experience originating and contracting PPAs within the Eastern Interconnect

- Strong commercial mindset and high level of initiative and self-motivation.

- Well-connected with various power market players (industrials, utilities, funds, banks, trading houses, etc.)

- Proficiency with IT tools, in particular Excel (and VBA). Experience in Python or any other programming language a plus.

- Strong understanding of all US renewables and power markets

- Experience and familiarity with standard and non-standard power contract terms as well as master trade agreements, such as ISDA and EEI

- Combination of entrepreneur spirit, quantitative analysis, attention to details and communication skills to drive growth and revenue

Additional Information

What we offer

A career with Statkraft is a career filled with purpose – meaning that every employee is not just making a living, they are making a real difference to the planet, our communities, and the future. Statkraft offers competitive terms of employment and a comprehensive benefits package that supports your well-being both at work and beyond. This includes healthcare coverage, wellness programs, and a 401(k)-retirement plan with company matching. We also provide a range of additional perks, such as generous paid time off, and professional development opportunities.