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Development Director

Cubico Sustainable Investments
Austin, TX Full Time
POSTED ON 5/22/2024 CLOSED ON 7/10/2024

What are the responsibilities and job description for the Development Director position at Cubico Sustainable Investments?

Description Cubico Sustainable investments is growing the USA development team and looking to hire a Development Director. As Development Director you will manage a portfolio of renewable energy development projects, while working closely with the broader Cubico business both within USA and the Group Functions.

Principal responsibilities include to identify, project manage and progress a portfolio of renewable development projects, including managing third party co-development partners as required.

The Development Director will play a key role in delivering the development business plan for the USA, meeting growth targets and project milestones as Cubico’s USA portfolio increases.

The role will involve some travel to visit and meet with project stakeholders and partners, along with visits to current and prospective development sites.

This position will work from our Austin, Tx head office on a hybrid basis.

Key Responsibilities Project managing multiple technologies (Wind, Solar, BESS) in all development stages of the USA portfolio (from securing land to environmental studies to permitting to securing grid and offtake and reaching financial close)

Building the portfolio by identifying new greenfield sites and opportunities to acquire project or partner with developers to access their pipeline

Must be able to develop proposals and plans for renewable projects. This includes designing and outlining the project scope, budget and delivery plan Identify, initiate, and track interconnection processes for specified regions with transmission team Develop and coordinate strategies to receive local, state, and federal project permits Establish and maintain supportive relationships with both internal and external partners, ensuring that project specific procurement contracts are negotiated and secured Working with internal and external engineering and technical teams to ensure the optimal solution (in terms of LCOE) is incorporated into all projects e.g. site layouts, technology choice, design requirements etc

Ensure project-specific financial assessments capture all corresponding development, permitting and operational cost assumptions to support accurate financial modelling. Developing, managing and maintaining relationships with internal and external stakeholders (including co-developers and development partners)

Actively monitoring the market for new opportunities e.g. in other technologies Skills, Knowledge and Expertise Proven experience of developing renewable energy projects in the USA (ideally both PV and wind) from site identification to permitting to achieving financial close

Experience in acquisition processes for assets in development (ideally both PV and wind)

Project Management skills and experience in using project management controls (budgets, schedules, risk logs etc). Ideally a project management qualification/ certification

Knowledge of the USA renewable market and renewables regulation

Strong network of relationships with other developers to find project and partnership opportunities

Network and relationship with industry stakeholders such as the grid operator and local authorities

Excellent communication skills with the ability to build strong relationships with colleagues and external counterparties across all levels and across diverse cultures

Strong commercial acumen/track record

Solid planning and organising skills to include effective prioritisation, resource management and working remotely

Ability to work under pressure and to deliver high quality work to tight deadlines

Proactive and enthusiastic, with a positive attitude and a drive for high standards

Cubico Sustainable Investments (Cubico), a London-headquartered firm, is one of the world’s leaders in providing renewable energy across the Americas and Europe.

Cubico was established in 2015 to manage and invest in renewable energy assets globally. Owned equally by Ontario Teachers’ Pension Plan and PSP Investments, the firm has significant capital to invest and is committed to a long-term growth strategy designed to make it one of the largest and best in class renewable energy investors in the world.

Cubico holds a portfolio of more than 7 GW, with assets across the wind, solar PV, solar thermal and transmission line technologies. Covering the whole energy chain from development and construction to operation, the company’s portfolio is located across 11 countries: Brazil, Colombia, Mexico, Uruguay, the United States (USA), Greece, Italy, Portugal, Spain, the United Kingdom (UK) and Australia.

Cubico is driven by five core values: diversity, respect, integrity, value creation and excellence, which make up our sixth value, DRIVE. These values encourage employees to take pride and satisfaction in their work, strive to achieve their goals and go the extra mile to attain outstanding results. Cubico’s employees are central to its success and, as a result, the company looks for people who believe in its purpose, will take full account of its impact and are motivated to make a positive contribution to the world. At Cubico, we firmly believe that the best outcomes arise when we bring together individuals with diverse backgrounds, skills and experiences. For this reason, we have embraced Diversity as our first and foremost corporate value, enabling us to foster open dialogue and tackle complex challenges from multiple angles. Our recruitment processes reflect this dedication to diversity, as we consistently strive to provide equal opportunities to all applicants and create an inclusive work environment for all.
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