Portfolio Manager - Power Purchase

Connected, Committed, Trustworthy, Safe

• Negotiate and administer long-term power purchase agreements and associated legal documents between Xcel Energy and independent power producers (IPPs), to meet customer needs, minimize cost, and optimize the power supply portfolio.
• Under the guidance of the Power Purchase (PP) leadership, support the negotiation of long-term power purchase agreements and development of new model contracts. Work with legal counsel to independently negotiate associated documents including, but not limited to, amendments, financing documents, and metering & billing agreements. Work closely with legal counsel and PP leadership to maximize risk mitigation and supplier performance.
• Manage and monitor long-term contract terms and conditions to ensure counter party compliance. Provide performance governance for facilities in the IPP portfolio across the operating companies.
• Demonstrates effective contract management and ensures effective collaboration of multi-disciplinary teams needed to coordinate the activities between the company and power project developers to ensure facilities come on-line as planned and provide the service contracted for.
• Maintain frequent contact and strong internal business relationships across the Company. Develop a solid professional working relationship with the Company's IPPs. Identify and develop effective solutions to contract issues - identify ways to improve purchase value and optionality. Resolve basic party disputes.
• Initiate and receive timely approval of contracts and related documents through internal approval processes, including contract development, approval, and delegation committees and executive approval. Support Regulatory filings and internal/external data requests by thoroughly understanding and providing contract and transaction details as needed and drafting testimony and answering intervener interrogatories for management review.

• Bachelor's degree in engineering, business, economics, finance, or similar, or otherwise equivalent experience.
• Minimum 2 years experience in energy industry including significant experience working on contract or asset management and other detailed technical power generation matters, working on legislative and/or regulatory issues related to power procurement, and negotiating and administering contracts.
• Strong interpersonal, analytical, organizational, and communication skills.
• Previous experience in system operations, regulatory affairs, contract law or system planning is a plus.
• Our culture is grounded in shared values and employee commitments that guide how we work, support one another, and grow together.