Director, US Thermal Business Development

Capital Power seeks a Director, US Thermal Business Development in Washington, DC (hybrid) to lead the origination and execution of a multi-year pipeline of utility-scale US thermal generation opportunities and shape the company’s thermal growth strategy.

Responsibilities

• Build and execute a multi-year development pipeline with clear line of sight to contracted MWs and financial close
• Originate proprietary brownfield and greenfield opportunities, including site control and interconnection strategy
• Define and execute market entry and origination strategies across key ISO/RTO markets
• Lead and deepen executive-level relationships with utilities, co-ops, and load-serving entities
• Convert utility procurement needs and IRP insights into actionable development opportunities
• Lead cross-functional teams with direct accountability for advancing projects through the full development lifecycle
• Own project execution, including business cases, financial analysis, and risk assessment
• Structure development opportunities for successful contracting and commercialization
• Provide market intelligence on capacity markets, regulatory shifts, and competitive dynamics
• Influence strategy, capital allocation, and pipeline priorities with senior leadership

Requirements

• Bachelor’s in Engineering, Business, Finance, Economics, or related field (MBA preferred)
• 10–15+ years in power development, business development, or project finance with a strong U.S. thermal track record
• Proven success originating and advancing projects through financial close
• Deep, established relationships with utility procurement and executive teams (e.g., PJM, MISO, ERCOT)
• Strong knowledge of ISO/RTO markets, capacity structures, and interconnection processes
• Experience leading complex, cross-functional project execution
• Advanced financial modeling, valuation, and investment analysis capabilities
• Expertise in structuring and negotiating power sector commercial agreements
• Technical understanding of thermal generation (peakers, CCGT, flexible capacity)
• Executive presence, strong judgment, and an ownership mindset with the ability to drive results independently

Benefits

• Health care benefits
• Retirement benefits
• Paid time off
• Annual bonus

Working Conditions

• Hybrid office/work from home position based in our Washington DC office
• Up to 40% travel to engage utility origination across multiple US markets

Additional Details

• Salary: USD 180,000 - 220,000 per year
• Specific rate will depend on qualifications and prior relevant experience
• This role is eligible for health care benefits, retirement benefits, paid time off, and annual bonus
• Legal eligibility to work in the United States is required
• Education verification, reference checks, and criminal record check will be conducted