Generation Project Portfolio Manager

Xcel Energy (NASDAQ: XEL) is a leading energy provider and Fortune 500 company, dedicated to serving millions of electricity and natural gas customers across eight states: Minnesota, Colorado, Wisconsin, Michigan, North Dakota, South Dakota, New Mexico and Texas. We make energy work better for our customers, helping them thrive every day. That means always raising the bar - delivering better servi
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ce and providing more reliable, resilient, and sustainable energy.
Xcel Energy is a place where you’ll have opportunities to grow, expand your skills, and help lead the clean energy transition. We offer meaningful rewards, recognition, and support to help you build your career and make an impact - both on the job and beyond. Most importantly, it means you’ll be joining a company that knows employees are the driving force behind its success and is committed to helping you be your best.
Xcel Energy supports a hybrid work model to enable collaboration and flexibility. Many roles are expected to work onsite three days per week (Tuesday–Thursday); however, work location expectations vary based on role, team, and business needs.
Development Portfolio Manager - New Generation Projects
Position Summary:
The Large Load Portfolio Manager will lead the creation and advancement of new generation project portfolios designed for Xcel Energy’s large load customers in each of Xcel Energy’s three Operating Companies. This role focuses on identifying, shaping, and optimizing a mix of generation projects, including renewables, storage, and thermal technologies, to align with resource planning objectives and regulatory requirements. The position emphasizes strategic portfolio development, rigorous technical evaluation, and coordination with project managers and regulatory teams to ensure projects meet industry best practices. This leader will drive innovation, streamline portfolio development processes, and support the company’s clean energy transition through disciplined preparation of competitive, high-quality project portfolios.
Provide project management for the technical evaluation, due diligence, and development of conceptual and proposed generation projects within the Corporate and Project Development (CPD) organization. Ensure effective collaboration of multi-disciplinary teams in appraising, selecting and defining technical and performance parameters for proposed generation projects consistent with corporate strategy and engineering & construction best practices. Provide integrated support to Xcel Energy’s Corporate Development, Supply Chain, Transmission, Major Projects Group and Regulatory groups to develop and deploy commercial strategy, equipment and services contracting strategy, and risk response. Support the negotiation of key contracts, including purchase and sale agreements, equipment and services supply, operations and maintenance agreements, and development engineering studies. Manage the projects with a matrixed team through the conceptual and development phases and ensures proper handover to the project management team for the execution phase.
Essential Responsibilities:
• Lead the coordination of technical tasks during the feasibility and development phases of generation projects within Corporate and Project Development (CPD). On behalf of the CPD and Major Projects Group, manage collaboration with Corporate Development, Legal, Regulatory Affairs, Supply Chain, Siting & Land Rights, Energy Supply Operations, Energy Supply Asset Analytics, 3rd party development organizations, consultants and others to fully assess and define technical parameters including, but not limited to, performance evaluations, operational requirements, permitting, site suitability assessments, constructability reviews, RFP/RFQ bid package development, environmental studies, project performance parameters, project cost estimates and schedules, project cash flow forecasts and budgets, project risk assessments, and QA/QC requirements.
• Provide leadership &

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