Peregrine Energy Solutions LLC

Peregrine Energy Solutions is an integrated and multi-technology clean energy platform with a focus on utility scale energy storage that was established in 2022 through a partnership between Peregrine Energy Management and a global alternative investment manager with approximately $20 billion of assets. Peregrine Energy Solutions is a limited liability company formed in Delaware with headquarters located in Boulder, Colorado.

Director of Origination

Location

United States

Posted

54 days ago

Salary

$150K - $220K / year

Seniority

Lead

No structured requirement data.

Job Description

Director of Origination

Peregrine Energy Solutions LLC

Role Description Peregrine Energy Solutions is seeking a skilled and motivated individual to join the Market Analytics team who possesses expertise in evaluating the US's wholesale regulated and deregulated utility and power sectors and in formulating market entry and origination tactics for emerging grid service opportunities involving battery energy storage. In addition to helping shape the company’s commercial & siting strategy, the individual will offer support and insights to the origination, development, engineering, and finance teams as needed. This is a full-time position and can be fully remote. Essential Responsibilities: - Commodity Structuring & Risk Analysis for Product Pricing: - Direct experience structuring bespoke C&I vPPA and associated structures specifically for C&I customers. - Quantitative market analysis and risk analysis focused on product pricing. - Programmatic data science experience; coding and data manipulation and curation from source to rendering final conclusions for commercial decisions. - Structured products creation experience (e.g. clean firm energy block products). - Options product and risk product pricing. - Revenue at Risk, and Potential Future Exposure analysis – modeling and evaluating exposure from complex commodity structures/products. - Evaluating market wholesale and retail rules to help develop fit-for-purpose products and solutions to address identified customer needs. - Help support the buildout of the market analytics team, including recruiting and hiring highly qualified individuals. - Help build out other team capabilities in the mid-to-long term, such as production cost modeling, price, revenue, & risk assessment, steady state power flow modeling, and dispatch optimization software. - Support the origination, analysis, and execution of new business opportunities including highly structured transactions. - Ensure product pricing properly accounts for credit and commodity risk. - Lead the execution of structured solutions products pricing, and associated risk analysis to support collateral sizing. Qualifications - 5+ years of market fundamentals analysis with a focus on energy storage and renewables structuring. - Experience with structured energy products for both wholesale and industrial counterparties. - Quantitative risk management and hedging experience in the energy industry. - Extensive knowledge and experience with US wholesale power markets (ERCOT, SPP, MISO, WECC preferred). - Expert proficiency in Data Science, specifically Python or a similar programming language. - Production cost modeling (PLEXOS, Aurora, DAYZER) is a plus. Requirements - Self-motivation and a strong work ethic within a highly entrepreneurial, high-growth organization. - The ability to manage a team. - Ability and willingness to challenge the thoughts and predisposition of others while simultaneously being open to having your own thoughts challenged. - Outstanding communication skills and attention to detail. - Experience with storage and renewable energy in North America. - Strong combination of strategic and tactical qualitative and quantitative skills. - Willingness to travel (5%). Benefits - Current benefits include healthcare, dental and vision plans. - 401(k) retirement plan. - Group life and disability insurance. Company Description Peregrine Energy Solutions is an integrated and multi-technology clean energy platform with a focus on utility scale energy storage that was established in 2022 through a partnership between Peregrine Energy Management and a global alternative investment manager with approximately $20 billion of assets. Peregrine Energy Solutions is a limited liability company formed in Delaware and headquartered in Boulder, Colorado.

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