Director, Business Development & Origination

Posted 3 Days Ago
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Bethesda, MD, USA
In-Office
Senior level
Energy • Renewable Energy
The Role
Leads renewable energy business development, facility acquisitions and divestments, power offtake origination, contracting, and portfolio growth. The Director sources opportunities, manages diligence and transaction execution, negotiates power purchase, capacity, and renewable energy credit agreements, and oversees origination and policy functions. This hands-on leader partners with strategy, ownership stakeholders, commercial teams, and a small internal team to advance value-creation initiatives across a hydropower portfolio.
Summary Generated by Built In
About Eagle Creek: Eagle Creek Renewable Energy owns and operates a portfolio of approximately 85 hydropower facilities across the United States.  As an Apollo portfolio company, Eagle Creek is executing a focused value-creation agenda, and the commercial function plays a central role in strengthening contracted cash flows, capturing incremental revenue across the fleet, and shaping the portfolio through disciplined acquisitions and divestments.
Role Summary: Reporting directly to the Chief Strategy Officer, the Director of Business Development & Origination is a working leader responsible for driving commercial growth and origination across the portfolio.  The role combines hands-on deal work with oversight of the Origination and Policy functions, managing its own deliverables while supporting and developing a small team.  The Director leads business development activities, including facility acquisitions and divestments, originates and structures new offtake, and ensures the company’s policy and funding efforts reinforce its commercial position.  The role works closely with commercial strategy and commercial operations counterparts to align on cross-functional priorities.
This position is classified as remote, with in-office options available for candidates residing near any of our offices in Bethesda, MD, Badin, NC, or Neshkoro, WI. 
Key Responsibilities
Business Development & Transactions
  • Lead facility acquisition and divestment processes end to end, sourcing and evaluating opportunities, coordinating diligence, supporting valuation, and managing transactions to close.
  • Identify and pursue growth opportunities across the existing fleet, including new offtake structures and incremental revenue streams.
  • Partner with the Chief Strategy Officer and Apollo stakeholders on portfolio strategy and transaction execution.
Origination & Contracting
  • Originate, structure, and negotiate offtake agreements directly, including power purchase agreements, capacity arrangements, and renewable energy credit transactions.
  • Develop and execute contracting strategies that balance pricing, tenor, and portfolio value in line with company and ownership priorities.
Team Leadership & Oversight
  • Oversee and support team members, setting direction and reviewing work product while remaining hands-on with collaborative execution.
  • Ensure policy, funding, and advocacy efforts are aligned to and supportive of the company’s commercial and value-creation objectives.
Cross-Functional Alignment
  • Coordinate closely with Commercial Strategy and Commercial Operations & Analytics counterparts to align on deal strategy, market positioning, and analytical support.
  • Contribute to a cohesive commercial function that can run multiple work streams in parallel with clear ownership.
Qualifications
  • Approximately 8 years of relevant experience in energy or power commercial, origination, or business development.
  • Demonstrated experience running or supporting acquisition and divestment processes, including diligence and transaction management.
  • Strong contracting and negotiation capability across offtake, capacity, and REC agreements.
  • Experience in RTO/ISO markets strongly preferred; experience and familiarity with hydropower or other renewables a plus.
  • Working knowledge of energy policy, grants, and funding mechanisms sufficient to guide and oversee policy work.
  • A hands-on, self-directed operator comfortable both leading deals personally and supporting a small team in a fast-paced, ownership-driven environment.

 

Skills Required

  • Approximately 8 years of relevant experience in energy or power commercial, origination, or business development
  • Experience running or supporting acquisition and divestment processes, including diligence and transaction management
  • Strong contracting and negotiation capability across offtake, capacity, and renewable energy credit agreements
  • Experience in RTO/ISO markets
  • Familiarity with hydropower or other renewable energy
  • Working knowledge of energy policy, grants, and funding mechanisms
  • Ability to operate hands-on and independently while leading or supporting a small team
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The Company
HQ: Bethesda, MD
133 Employees
Year Founded: 2010

What We Do

Eagle Creek Renewable Energy was founded in 2010 to acquire, enhance and operate small hydroelectric power facilities. Eagle Creeks’ facilities provide clean energy to electricity consumers in North America while allowing recreational opportunities and protecting historical resources and the environment. Eagle Creek currently owns and operates eighty-six hydroelectric facilities representing approximately 640 megawatts of capacity across the United States. Eagle Creek also has ownership interests equivalent to approximately 12 megawatts in fourteen other hydroelectric facilities and two solar facilities in New England. Eagle Creek is a privately-owned entity and is wholly-owned subsidiary of Ontario Power Generation. In November 2018, Ontario Power Generation (OPG) acquired Eagle Creek from Hudson Clean Energy Partners, Power Energy Corporation and its other previous investors. On October 8, 2019, Ontario Power Generation announced the finalization of the acquisition of Cube Hydro Partners and Helix Partners (collectively, Cube Hydro) from I Squared Capital. The two companies are now merging into one, operating under the Eagle Creek Renewable Energy Name. Eagle Creek continues to seek opportunities to acquire hydroelectric facilities and improve them to increase clean power production, operate them in harmony with the environment and enhance the value of the company's hydroelectric portfolio for its investor, employees, host communities and all stakeholders in the projects.

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