Job description
The Development Manager, Energy Solutions will help shape how Fervo's projects deliver power to customers with distinct or complex energy needs, including flexible, on-site, and behind-the-meter configurations that bridge the timing gap between generation and load. You will own the commercial and technical integration of these energy solutions from early concept through financeable, executable agreements, working closely with the Transmission & Interconnection, Commercial, Finance, and Legal teams. Reporting directly to the Head of Development, this role is ideal for someone who moves fluidly between deal structuring, technical feasibility, and stakeholder management, and who is energized by building a new capability inside a fast-moving development organization.
Responsibilities
Energy Solutions Development & Deal Execution
- Own the path from concept to a financeable, executable agreement for Fervo's advanced energy delivery arrangements, including decision logs, risk registers, and critical-path tracking, and make sure commercial terms and technical requirements stay aligned.
- Structure and negotiate commercial terms for flexible and on-site power arrangements, partnering with Legal and Origination on contract frameworks, term sheets, and deal comparisons.
- Coordinate with the Transmission & Interconnection team on technical feasibility, interconnection pathways, and utility requirements that inform deal structure and schedule.
Technical & Resource Integration
- Partner with Fervo's subsurface, drilling and completions, and engineering teams to align the geothermal resource plan with microgrid design an on-site load requirements.
- Translate resource characteristics, generation profiles, and technical constraints into commercial and financing assumptions for behind-the-meter and microgrid deals.
- Serve as the connective link between the geothermal resource, the microgrid, on-site power needs, so all are engineered, built and operated as one coherent system.
Financeability & Cross-Functional Integration
- Translate technical and commercial inputs into a coherent, lender-ready narrative in partnership with Finance and Capital Markets.
- Identify and track the risks, dependencies, and open issues that could affect financeability or executability, and drive them to resolution across internal and external stakeholders.
- Prepare materials that clearly communicate deal status, tradeoffs, and recommendations for senior leadership.
Customer & Market Engagement
- Serve as a key point of contact for customers and partners exploring energy solutions with Fervo, building trust through clear, responsive communication.
- Develop and maintain relationships with utilities, independent power producers, equipment providers, and other market participants relevant to flexible and on-site generation.
- Track market, regulatory, and technology trends relevant to flexible generation and energy delivery, and translate them into implications for Fervo's development strategy.
Process & Tools
- Help build the playbooks, templates, and internal tools that let this work scale as Fervo's pipeline of energy solutions opportunities grows.
Qualifications
Required
- Bachelor's degree in engineering, finance, business, or a related field.
- 7+ years of experience in power project development, structured/project finance, or commercial roles within power generation or energy infrastructure.
- Experience structuring or negotiating commercial agreements for power delivery (e.g., PPAs, interconnection agreements, EPC/O&M).
- Working knowledge of behind-the-meter and on-site generation, interconnection processes, and flexible generation economics.
- Comfortable reading and pressure-testing financial models and technical studies; able to translate complexity into clear recommendations for senior leadership.
- Highly organized self-starter, comfortable managing multiple workstreams and ambiguity in a fast-paced environment.
Preferred
- Experience serving hyperscaler or other large-load customers.
- Familiarity with IRA incentives and financing/credit structures (e.g., tax equity, transferability).
- Existing relationships with utilities, IPPs, or equipment providers relevant to flexible or on-site generation.
- Advanced degree in engineering, finance, business, or a related field.
Location
Fervo Energy has offices in Houston, TX, Golden, CO, Reno, NV, Oakland, CA, and Salt Lake City, UT. This position will be eligible for some hybrid work flexibility, but regular in-office presence at any of the above locations will be required.
Compensation
Fervo provides a comprehensive suite of benefits including medical, dental, vision, life, short-term and long-term disability, flexible paid time off, and paid parental leave. Additionally, Fervo offers an incentive stock options program, a bonus incentive program, and a 401(k) plan with an employer match.
Fervo Energy is providing the compensation range and general description of other compensation and benefits that the company in good faith believes it might pay and/or offer for this position based on the successful applicant's education, experience, knowledge, skills, and abilities in addition to internal equity and geographic location. Expected Salary: $170,363 - $212,809 based on location and experience.
Fervo Energy reserves the right to ultimately pay more or less than the posted range and offer other compensation, depending on circumstances not related to an applicant's sex or other status protected by local, state, or federal law.
Benefits & Perks
- Fervo offers a comprehensive benefits package designed to support your health, financial well-being, and life outside of work. Benefits for eligible employees include:
- Medical, dental, and vision plan options
- Employer-paid basic life insurance and short-term and long-term disability coverage
- A 401(k) plan with up to 6% match
- Flexible paid time off and paid parental leave
- Family-building, fertility, hormonal health, pregnancy, postpartum, and parenting support through Carrot
- A dependent care FSA for eligible child and elder care expenses
- An annual Lifestyle Spending Account for eligible wellness expenses, including fitness, financial planning, pet insurance, and pet care
- Employee ownership opportunities through Fervo's Employee Stock Purchase Program, as well as LTI and bonus opportunities for eligible roles
Benefits and programs are subject to eligibility requirements and may change.
Our Workplace
Fervo Energy highly values having employees work in the office to foster collaboration and strengthen our company culture. This role follows a hybrid schedule, with team members expected to work in the office three days per week. Fervo considers this in-office schedule an essential function of the role. Your recruiter can share more information about the schedule.
Equal Opportunity Employer
Fervo Energy is an Equal Opportunity Employer and does not discriminate on the basis of race, color, creed, gender, religion, marital status, registered domestic partner status, age, national origin, ancestry, physical or mental disability, medical condition, sex, genetic information, sexual orientation, military or veteran status, or any other consideration made unlawful by federal, state, or local law. Fervo also prohibits discrimination based on the perception that an individual has any of these characteristics or is associated with a person who has or is perceived as having any of these characteristics.
Pay & benefits
About this role
About Fervo Energy
Company Overview
Fervo Energy
HeadquartersHouston, Texas, United States
Founded2017
SizeApproximately 180 employees ranged in recent years and raised $462 million in Series E financing in December 2025 to accelerate geothermal development (source: fervoenergy.com).
What They Do
Fervo Energy is a private geothermal energy company that has evolved from an early-stage startup into a developer, owner, and operator of next-generation geothermal projects delivering 24/7 carbon-free power (source: fervoenergy.com). Their core technology centers on enhanced geothermal systems, leveraging advanced drilling techniques and data-driven subsurface engineering to produce reliable, dispatchable clean electricity from underground heat resources (source: csr.mercuria.com). Fervo integrates geothermal energy expertise with renewable power development and oil-and-gas technology, enabling them to develop geothermal fields, drill and complete wells, and operate organic Rankine cycle (ORC) power plants paired with surface facilities (source: fervoenergy.com). Their commercial focus is on utility-scale power buyers seeking firm, zero-emission electricity, including public utilities and major energy purchasers, positioning geothermal as a dispatchable alternative to intermittent renewables (source: csr.mercuria.com). The company’s operational model spans subsurface engineering, surface facilities, maintenance, operations, and engineering teams, emphasizing cross-functional collaboration and technical breadth (source: indeed.com).
Projects & Track Record
Fervo Energy’s flagship commercial pilot, Project Red in Nevada, is a 3 MW geothermal installation that demonstrated one year of continuous operation with zero thermal decline, showcasing the reliability of their enhanced geothermal systems (source: csr.mercuria.com). Cape Station in Utah is a major greenfield development and one of Fervo’s largest projects, with 20 wells drilled and a fully contracted Phase I of 100 MW scheduled to deliver power to the grid in 2026; the entire development is planned to reach 500 MW capacity (source: csr.mercuria.com). Another significant upcoming project in Nevada involves a 115 MW development in partnership with Google and NV Energy, supported by a pioneering Clean Transition Tariff to provide round-the-clock carbon-free power (source: csr.mercuria.com). Fervo has also secured a multi-billion-dollar project pipeline, reflecting strong commercial momentum and scalability of their geothermal technology (source: fervoenergy.com).
Recent Developments
In 2026, Fervo Energy announced $421 million in non-recourse project financing for Cape Station, underscoring investor confidence in their flagship Utah project (source: fervoenergy.com). The company signed a 1.7 GW turbine supply framework agreement with Turboden covering up to 35 standardized 50 MW ORC GeoBlocks, enhancing their capacity to scale geothermal power plants (source: fervoenergy.com). Additionally, a long-term supply agreement with Vallourec was announced, representing up to $800 million in potential revenue over five years to support domestic geothermal infrastructure expansion (source: fervoenergy.com). The Board of Directors was expanded in April 2026, adding Meg Whitman as Lead Independent Director along with three other experts in energy, finance, engineering, and governance (source: fervoenergy.com). The company publicly filed its registration statement for a proposed IPO in April 2026 and launched its roadshow in May 2026, subsequently upsizing and pricing the offering, marking a significant milestone in its growth trajectory (source: fervoenergy.com). Earlier in 2026, Fervo was recognized as the #1 company on TIME’s list of America’s Top GreenTech Companies, highlighting its leadership in sustainable energy innovation (source: fervoenergy.com).
Working There
Fervo Energy hires across a broad range of functions including engineering, commercial, legal, operations, compliance, audit, and category management, reflecting the multidisciplinary nature of its business (source: fervoenergy.com). Job openings span locations such as Houston, Golden, Oakland, Reno, and Salt Lake City, with internships offered in specific cities depending on role requirements, including Environmental Analyst roles in Salt Lake City and Legal internships in Houston (source: fervoenergy.com). The company culture emphasizes technical breadth, cross-functional collaboration, and innovation, with teams combining geothermal, renewable power, and oil-and-gas expertise to accelerate the transition to sustainable energy (source: fervoenergy.com). Roles such as Process Engineer require close coordination with maintenance, operations, and subsurface teams, and involve safety responsibilities including risk assessments and incident investigations (source: indeed.com). Compensation benchmarks for technical roles in Houston range from approximately $86K to $129K annually, reflecting competitive pay in the clean energy sector (source: glassdoor.com).
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