What are the responsibilities and job description for the Manager, Corporate Development position at Longroad Energy?
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Manager, Corporate Development
Below covers everything you need to know about what this opportunity entails, as well as what is expected from applicants.
Longroad Energy is a Boston, MA headquartered renewable energy developer focused on the development, ownership, and operation / asset management of wind and solar energy projects throughout North America. Founded in 2016, Longroad owns 3.5 GW of wind and solar projects across the United States in addition to operating and managing a total of 5.5 GW of wind and solar projects on behalf of Longroad and third parties. Our vision is to create lasting value for our shareholders, communities, and employees by responsibly developing, owning and operating renewable energy projects. We have assembled a world-class team with a passion for renewable energy innovation and a commitment to developing renewable projects throughout the US.
Job Purpose
The Manager, Corporate Development will be responsible for leading activities related to sourcing, evaluating, and negotiating project acquisitions for Longroad. This role will be responsible for executing on the company’s acquisition strategy within various markets in close coordination with the Development, Origination, and Project Financing teams. Work will include managing and reporting on status of acquisition prospects, coordinating inbound and outbound outreach on acquisition opportunities with developers, brokers and investment banks, and leading due diligence on renewable energy assets and companies. Due diligence for renewable project and portfolio opportunities will include review of land agreements, local, state and federal permits and approvals, local and state tax agreements, real estate surveys and title work, and other development work required prior to construction start and financing. The position requires working extensively with internal subject matter experts to evaluate origination, legal, interconnection, resource, environmental and permitting, construction planning, engineering, and finance status of renewable projects and portfolios, and to define a strategy for outstanding development tasks. You will work closely with Longroad leadership, to maintain and update the company’s acquisition strategy and plans in each market across the US. In addition to project and portfolio acquisitions, you will also evaluate broader partnerships for Longroad, including evaluation of new technologies and market opportunities. You will lead presentations to Longroad’s Investment Committee where project capital allocation decisions are made.
Responsibilities :
- Work with senior management to achieve company goals by evaluating project pipeline, assessing acquisition project viability / economics and providing recommendations for projects that can supplement / reinforce pipeline.
- Coordinate with our environmental / permitting team for permitting requirements such as wildlife and impact studies. Manage outside consultants’ budgets and scope, work with local and state permitting agencies to ensure compliance with permitting requirements.
- Work with resource and GIS teams to perform a thorough site assessment for wind, solar, and storage projects. This includes collection and evaluation of wind and solar data, project layouts, geographical analysis and turbine design and siting recommendations.
- Assist origination team with analyzing off-take, developing revenue plans and submissions to corporate, utilities and municipal requests for proposals for acquisition projects / opportunities.
- Work with the financial and commercial team to create and manage the financial model, project or portfolio.
- Partner with the engineering and construction teams to review project design, procurement, and construction schedule, price, and risk.
- Assist in negotiation of asset and membership interest purchase agreements.
- Manage M&A pipeline to ensure team is coordinated and responsive to opportunities.
Minimum Qualifications
Desired / Preferred Qualifications :
Characteristics Necessary for Success
Other
Applicants must be currently authorized to work in the United States. The Company does not sponsor applicants for work visas.
Benefits of Working at Longroad Energy
We are dedicated to providing our employees with the support and resources they need to stay healthy, secure their future, and be successful in their careers. Benefits at Longroad include the opportunity for merit-based salary increases, incentive plan participation, eligibility for our 401(k) plan and matching, and comprehensive medical, dental, vision, life, and disability insurance. Our robust time-off policy includes accrual of 18 vacation days in your first year, paid holidays, and paid volunteer time. We offer paid parental leave to help support employees as they transition into parenthood.
Diversity, Equity & Inclusion
Diversity, equity, and inclusion matter - at Longroad, in our industry, in our communities, and in society at large. We embrace our responsibility to build and promote a diverse, equitable, and inclusive working experience and drive change where we live and operate. We work to actively promote and celebrate diversity, equity, and inclusion. We foster a supportive space that empowers everyone at Longroad to learn about, discuss and ask questions related to embracing and honoring identity.
Longroad Energy Values
At Longroad, we SHINE. We aim to be the most trusted renewable energy company on the long road to a green future. We are an experienced team of problem solvers and promise-keepers who develop sustainable solutions that meet today’s challenges and make a lasting impact on people and our planet.
Longroad Energy is proud to be an Equal Opportunity Employer (“EOE”). Qualified applicants are considered for employment without regard to age, race, color, religion, sex, national origin, disability, veteran status, citizenship, or any other legally protected status. Longroad Energy prohibits discrimination against individuals with disabilities and will reasonably accommodate applicants with a disability, upon request, and will also ensure reasonable accommodations are made for disabled employees. Longroad Energy is firmly committed to ensuring equal employment opportunities in all employment practices and personnel actions, including advertising, recruitment, testing, screening, hiring, selection for training, upgrading, transfer, demotion, layoff, discipline, termination, rates of pay, and other forms of compensation.
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