Job description
Adapture Renewables, Inc. is on a mission to be a leader in this new era of sustainable energy. Drawing upon an extensive knowledge base, we develop, finance, engineer, build, own, and operate high quality utility-scale photovoltaic projects and battery energy storage projects. Our Development team is looking for a talented Development Director in our Eastern Region to help support the efforts of our fast-growing company. Adapture Renewables is owned by KIRKBI Climate- the private holding and investment company of the Kirk Kristiansen family founded to build a sustainable future for the LEGO® brand through generations.
Overview
This position will work in our Development group's Eastern Region team and will report to the Vice President of Development in that region. This is a commercially focused, multi-disciplined role that will be responsible for several projects at various stages of development. The team's near-term focus involves expanding our utility-scale, solar PV and solar + storage project portfolio via greenfield development and acquisitions throughout MISO, PJM, ERCOT, and SERC regions. The candidate may be based remotely in the U.S., with a preference for a candidate in the Central or Eastern time zones, with periodic travel to our Bay Area home office and other company locations.
Core Responsibilities
- Manage the development of utility-scale projects in Southern Company, PJM, MISO, and neighboring ISOs.
- Independently manage multiple projects from early-stage development through COD - involving site selection, site control, local relationships, environmental studies, permitting, interconnection process, etc.
- Perform due diligence and risk assessment of similar project development activities and acquisitions
- Provide transparent, accurate, and timely progress updates to management, with the ability to present complex deal structures succinctly and drive management decisions.
- Visit project sites, landowners, local officials, and off-take counterparties as required
- Lead coordination with internal teams, including project finance, engineering, construction, and legal teams.
- Develop and communicate the investment rational for new acquisitions and other investment opportunities. Assess, articulate, and manage the key risks of those opportunities, and develop the necessary investment approval documents.
Qualifications and Experience
- 8-10 years of proven project management skillset.
- Bachelor's degree or equivalent combination of education and experience.
- Demonstrated experience in utility-scale solar development and power industry, including experience originating, evaluating, negotiating and executing on energy infrastructure projects.
- Ability to set up and maintain project budgets and schedules, with experience analyzing project economics.
- Ability to develop business strategy in a specified market.
- Ability to manage and coordinate multiple projects with internal and external stakeholders.
- Well organized and eager to engage and manage several projects at various stages of development from land prospecting through initial operations
- Proven collaborative, task flexible and goal-oriented team contributor
- Ability to travel as needed to execute project activities
- Ability to manage a dedicated territory and small team.
Benefits Package
- 401(k) plan with company matching contribution
- Competitive health, vision, and dental benefits
- Attractive personal time off and company holiday package
- Work-from-home policy
- Salary commensurate with experience
- $190,000 - 220,000
Note
Qualified candidates only. No search firms. Adapture Renewables, Inc. is committed to equal employment opportunity.
Pay & benefits
About this role
About Adapture Renewables
Company Overview
Adapture Renewables, Inc.
Oakland, United States
2011
Approximately 180 employees and revenue of $136.9 million in 2023 (source: rocketreach.co).
What They Do
Adapture Renewables is a prominent solar project developer, owner, and operator that specializes in utility-scale solar facilities and energy storage systems. The company leverages its in-house capabilities for development, engineering, procurement, and construction (EPC) management, legal services, project finance, mergers and acquisitions, and long-term asset management. This comprehensive approach allows Adapture to drive projects from origination through to operation, ensuring a seamless execution process (source: rocketreach.co). Their offerings include full lifecycle solar project execution, hybrid solar-plus-storage systems, and clean energy delivery tailored to meet the demands of utilities, corporations, and sustainability initiatives (source: adapturerenewables.com). Target markets primarily include utilities and major corporations, such as Fortune 50 companies, particularly in regions with high energy demand like data centers across 12 states in the U.S. (source: leadiq.com). Adapture distinguishes itself through its extensive in-house expertise, proven track record, and financial backing from KIRKBI, positioning itself competitively against industry leaders like NextEra and First Solar (source: rocketreach.co).
Projects & Track Record
Adapture Renewables has successfully deployed over 364 MWdc across 40 projects in 12 states, showcasing its capability in the solar energy sector. Notable completed projects include the BT Cooke Solar facility, which boasts a capacity of 81.4 MWdc and an estimated annual production of 151,081 MWh, operational since 2020. Other significant projects include Hope Farm Solar at 12.7 MWdc (producing 17,097 MWh annually since 2019), the Western Oregon Portfolio at 33 MWdc (39,117 MWh annually, completed in 2020/2021), and the Wildberry Solar Center at 20 MWdc (33,154 MWh annually, operational since 2018) (source: adapturerenewables.com). A key recent achievement is the completion of a 67 MW solar facility in Hunt County, Texas, which was delivered ahead of schedule for a Fortune 50 corporate offtaker, addressing the electricity demands of data centers (source: zoominfo.com). Ongoing projects include a hybrid 110 MW solar and 110 MW battery energy storage system in Colorado, marking the company's first project in that state, and the 441 MW Titanium Solar Portfolio, which is currently funded for construction (source: zoominfo.com). Adapture's partnerships with financiers like MUFG and sellers such as Samsung C&T Renewables further enhance its project capabilities and geographic reach across the U.S. (source: zoominfo.com).
Recent Developments
In the past two years, Adapture Renewables has made significant strides in securing funding and completing projects. In 2024, the company secured a $321 million debt facility from MUFG to finance the construction of its 441 MW Titanium Solar Portfolio (source: zoominfo.com). Additionally, it acquired a 110 MW solar-plus-110 MW storage project in Colorado from Samsung C&T Renewables, which was announced via Business Wire (source: zoominfo.com). The company also completed its Hunt County, Texas, 67 MW solar project ahead of schedule, entering commercial operation to deliver clean energy (source: zoominfo.com). Overall, Adapture has raised a total of $321 million across one known funding round, reflecting its strong financial position and commitment to expanding its renewable energy portfolio (source: zoominfo.com).
Working There
Adapture Renewables offers a variety of roles primarily focused on solar project development, EPC management, legal, project finance, mergers and acquisitions, and asset management. The company is particularly interested in hiring solar professionals to support its utility-scale solar and storage initiatives (source: rocketreach.co). Most job openings are based at the company's headquarters in Oakland, California, with no specific remote or additional office locations mentioned for hiring, although their projects span across 12 states (source: leadiq.com). The company culture emphasizes creative problem-solving, collaboration, and a shared mission in the clean energy transition, fostering an environment conducive to career growth among its experts (source: rocketreach.co). While specific benefits such as health plans or compensation details are not publicly detailed, the company promotes rewarding career opportunities in a collaborative and creative setting where employees are considered the greatest asset (source: adapturerenewables.com).
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