Manager, Power Origination and Commercial

Manager, Power Origination and Commercial

Location:

Newtown, PA or Houston, TX

Reports to:

VP, Head of Origination

Sky Vest is a renewable power generation platform backed by Arc Light Capital Partners(“Arc Light”). Through affiliates of Arc Light, Sky Vest acquires, operates and optimizes operating utility-scale wind, solar and BESS assets throughout the U.S. Sky Vest strives to maximize the potential of its assets and create enduring value for its customers, communities, employees and investors. Arc Light formed Sky Vest with the vision of building a leading, multi-billion-dollar platform for its renewable investments, similar to its Alpha Generation platform for thermal generation assets.

Since its launch in July 2024, Sky Vest has grown its asset portfolio to nearly 1 GW, comprised of wind and solar assets in PJM, ERCOT, CAISO and MISO.

Arc Light is a leading private equity firm focused on energy and infrastructure, founded in 2001. With deep sector expertise, Arc Light has invested in more than 65 gigawatts of power generation and over 47,000 miles of transmission and distribution infrastructure, representing approximately $80 billion in total enterprise value. The firm is known for its operationally driven investment approach and maintains a large internal team alongside a network of over 2,000 asset management professionals.

Arc Light has a strong track record in renewables and energy transition assets, including solar, battery storage, hydroelectric, and natural gas infrastructure.

We are seeking a motivated, detail-oriented individual to join the team as Manager, Power Origination and Commercial. This role will be responsible for structuring and negotiating power purchase agreements (PPAs) and other offtake arrangements to optimize revenue for the assets. This individual will work closely with the Finance team and other internal teams to evaluate commercial opportunities, develop creative transaction structures, and optimize deal terms to maximize project value and manage risk.

This person will also help manage relationships with potential offtakers, including utilities, energy retailers, and corporate customers.

This role reports to the VP, Head of Origination.

• Identify and pursue long-term PPAs and other offtake arrangements for operating utility-scale wind, solar and BESS projects
• Structure and negotiate commercial solutions that balance offtaker requirements with asset profitability
• In partnership with the Finance team, develop detailed structuring models to evaluate potential PPA structures and pricing scenarios as they relate to revenue and risk exposure
• Serve as the point of contact for utilities, energy retailers, corporate customers, and other offtakers throughout the negotiation process
• Build strong relationships and maintain a network to source new origination opportunities
• Support RFP processes as necessary
• Work closely with the Finance team to ensure compatibility of PPA structures with financing strategies
• Collaborate with Legal to negotiate and finalize PPAs and related contract documentation
• Track and monitor market trends to inform leadership of pricing and origination strategy

• Minimum 5 years of relevant experience in power marketing, origination, transactions, or project financing within the power or renewable industry
• Bachelor’s degree in finance, economics, business, engineering, or a related field
• Demonstrated knowledge of financing structures and how to integrate analytics into PPA contract scenarios
• Working knowledge of how PPAs interact with project financing strategies
• Strong understanding of the wholesale power markets, utility RFP processes, and…