Calpine Corporation is America's largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets. Its fleet of 77 power plants in operation represents over 27,000 megawatts of generation capacity. Through wholesale power operations and its retail businesses, Calpine serves customers in 22 states and Canada. Its clean, efficient, modern and flexible fleet uses advanced technologies to generate power in a low-carbon and environmentally responsible manner.

The company was established on the premise that a strong commitment to the environment is inextricably linked to excellence in power generation and corporate responsibility. Since its founding in 1984, Calpine has led the power industry in its unwavering commitment to environmental stewardship. In addition, its renewable geothermal plants use steam generated deep below the earth's surface to produce clean, renewable electricity.

Job Summary (includes but is not limited to the following, other duties may be assigned)

Calpine is looking for an experienced Originator to join our team in Houston, TX.  This person will bring immediate value to the team which is experiencing significant growth.  Candidates should have demonstrated success in deal making, customer engagement and working with cross functional teams for project development initiatives.

Job Responsibilities

Deal Making

Responsible for strategic marketing and sales activities including identifying, developing, implementing, and closing structured transactions relating to the purchase and sale of both traditional and alternative power and natural gas related products and services. Drive deal value and risk evaluation via engagement with structuring, finance, and trade desks Develop products and services to increase market presence and meet customer demands.

Customer Engagement

Develop relationships with IPPs, power marketers, municipals, cooperatives, and other load serving entities. Support negotiation of master trading agreements with target customers. Take "long game" view with customers, always prioritizing fair dealing and our long-term brand. Attend and present at industry events to bolster the Calpine brand.

Cross Functional Support

Actively support new generation project development and existing project expansions. Oversee contract implementation and related asset management after contracts have been executed. Serve as a subject matter expert and provide market intelligence regarding commodity pricing, supply/demand changes, and other factors that might impact the value of Calpine’s economic portfolio. Illuminate and where possible mitigate risks - financial, legal, operational, regulatory.

Job Requirements

Bachelor’s Degree or equivalent experience in a in a business/analytical field of study Advanced business acumen ERCOT experience required 10 years minimum industry experience preferred History of successful structured product transactions, including but not limited to PPAs, tolling contracts, load following deals, fuel supply arrangements, and renewable offtakes. Demonstrated project or campaign management skills, including across organizational lines and with external parties. Existing relationships across ERCOT load serving entities. Effectively communicates with and secures approval from executive leadership for proposed transactions; adept at driving consensus and managing multiple levels of delegated transaction authority Works effectively across organizational lines exerting influence via both formal and informal approaches. Broad knowledge of power plant operations and wholesale power market constructs. Ideal candidate will be hired at a level commensurate with experience.

Additional Calpine Information

Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities. Calpine is committed to Equal Employment Opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for employment and need special assistance or an accommodation to use our website or to apply for a position, please send an e-mail with your request to hrrecruitment@calpine.com. Determination on requests for reasonable accommodation are made on case-by-case basis.

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