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Director, Capital Projects Development; Thermal

Job in Minneapolis, Hennepin County, Minnesota, 55400, USA
Listing for: Xcel Energy Inc
Full Time position
Listed on 2026-09-14
Job specializations:
  • Engineering
    Operations Management
  • Management
    Project & Program Management, Operations Management
Salary/Wage Range or Industry Benchmark: 148400 - 241900 USD Yearly USD 148400.00 241900.00 YEAR
Job Description & How to Apply Below

Director, Capital Projects Development (Thermal) Position Summary

Responsible for strategic planning and development for generation, transmission, electric distribution and/or gas systems. Provides leadership and coordination of multi-disciplinary teams in appraising, selecting, and defining the commercial, technical and performance characteristics for capital projects in the 5-year strategic plan consistent with corporate strategy, operational excellence, and industry best practices.

Essential Responsibilities
  • Responsible for strategic system planning and development of the 5-year portfolio of major capital projects and programs involving the modification, expansion and innovation of generation, transmission, electric distribution, gas, clean fuels, and/or clean transportation systems. Execute development strategies for projects and programs that balance risk, system reliability, resource adequacy, financial investment, customer cost, and executability of complex projects and programs. Aggregates, priorities and optimizes the portfolio of proposed capital projects within and across the operating business unit, the operations enterprise and the operating company.

    Accountability can include significant capital projects per planning cycle.
  • Leads cross functional teams to perform preliminary design and project development activities which result in robust foundation for packages for capital projects and programs. Performs tasks and activities to develop deliverables which include, but is not limited to, a defined project scope, justified business case, alternatives assessment, technology due diligence, cost estimates, project schedules, preliminary engineering designs, permitting strategy, procurement strategy, construction, and overall execution strategy.

    Provides assurance for the application of technical specifications, best practices and continuous improvement across capital project portfolio. Ensures an effective project handover to Operations and a robust feedback loop for continuous improvement.
  • Provides technical analysis, supporting documentation, and testimony for public utility commission filings and permit filings, and submittal requirements. Obtains financial/tax incentives and grants, and regulatory approvals. Participates in public meetings and forums. Represents Xcel Energy in stakeholder meetings. Advances projects and programs to the Investment Review Council (IRC), Finance Council (FC) and board of directors per governance requirements.
  • Establish and foster successful partnerships with Operations, Operating Companies and Corporate organizations. Develop and maintain effective relationships with other jurisdictional, business units and corporate peers, to ensure timely, effective information sharing and best practices implementation. Build and maintain external relationships in common areas of expertise.
Minimum Requirements
  • Bachelor of Science degree in engineering, construction management or project management from an accredited college or university. Advanced degree preferred.
  • Minimum of 10 years' combined experience in project management, engineering, construction, operations and/or maintenance for energy assets.
  • Demonstrated knowledge of gas, electric distribution, transmission and/or energy supply business area functions.
  • Minimum of 5 years' experience in leadership positions, including strategy development and implementation.
  • Strong financial acumen, understanding of regulatory requirements and their business and operational implications.
  • Registered Professional Engineer preferred.
  • Project Management Professional preferred.
  • Strong written and verbal communication skills.

As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive…

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