Director, Project Development - MISO/SPP
About the role
Company Overview
Hanwha Renewables a member of Hanwha Group, a FORTUNE Global 500 firm that is among the eight largest business enterprises in South Korea. 174 Power Global designs, builds and manages renewable energy solutions. The company brings a decade of global leadership in renewable energy to North America, combining best-of-world technology, processes, and partnerships to deliver utility-grade energy solutions customized for local energy markets. 174 Power Global offers the full spectrum of energy solutions – from power plant development, design, construction, operations, and maintenance. With proven capabilities across the renewable energy value chain, 174 Power Global minimizes uncertainty and risk, and helps customers achieve a higher return on their investment in renewable energy.
Position Overview
The Director of Project Development will be responsible for identification, assessment and execution of potential strategic partnerships, acquisitions and investments by the company. This position will also be responsible for managing the real estate, permitting and interconnection aspects of multiple utility scale photovoltaic (PV) solar and energy storage projects in targeted US markets. The Senior Manager of Project Development will also assist the Structured Finance team in the divestment of assets as well as in any third-party debt or equity financing. This position reports to the Vice President of Project Development, or another management personnel that the President of the Company may designate. This position reports to the Houston, TX office but maintain a hybrid schedule of working out of their home office and the Houston, TX office. The employee may be required to perform other job-related duties as requested by management. All duties will be assigned in accordance with applicable laws and company policies. Working hours are Monday through Friday, from 8:00am to 5:00pm or 9:00am to 6:00pm local time. This position is expected to travel up to 50% of the time.
Key Responsibilities
Regular attendance, in accordance with company's attendance policy and supervisory assignment, is an essential job duty requirement for this position
- Identify acquisition and greenfield development opportunities for utility- scale solar and battery energy storage projects throughout North America
- Perform detailed strategic and financial analyses, including company evaluations and financial feasibility studies of potential acquisition opportunities
- Acquire and maintain information on market, industry, economic, consumer, and competitive conditions and trends
- Engage in industry groups to identify new market solutions
- Prepare acquisition/divestiture and other strategic transaction summaries and recommendations for Manage all matters related to real estate from initial site control to issuance of the final title policy. Assist in obtaining initial title commitments, assist real estate division to perform all require title curative to achieve the proforma policy in a form acceptable to the financier
- Co-Manage title closing and issuance of the closing letter and final title policy with required endorsements with real estate team.
- Co-Manage all changes to the ALTA survey to provide a survey acceptable to the financier and the title company
- Review and manage all lease agreements as well as any required amendments acceptable to the financing parties, including recoding the memorandums
- Manage real estate land purchases and any sale lease backs
- Obtain any needed easements in a form acceptable for financial close
- Perform any subdivisions and or lot