TransAlta is seeking a dynamic and highly motivated professional to lead buy-side development M&A origination and execution, advancing our strategic growth initiatives in the utility-scale energy sector. The role of Development M&A Manager is uniquely positioned within TransAlta, offering the opportunity to manage development mergers and acquisitions while also leveraging project development expertise to expand our portfolio of renewable and conventional energy assets.
This position is focused on markets across the United States and Canada, requiring travel throughout North America. The role is based in the U.S. or Canada, with a preference for Denver, San Diego, or Calgary. Remote work arrangements may be considered based on the candidate's experience and location.
The successful candidate will report into our Senior Vice President of Growth and play a pivotal role in identifying, evaluating, and executing development acquisitions that will enhance TransAlta's market position and deliver superior shareholder returns. In addition, the candidate will collaborate with internal experts, external advisors, and key stakeholders to ensure seamless integration of acquired assets and alignment with TransAlta's long-term growth strategy.
Beyond development M&A, this role will also support the development of wind, solar, storage, and conventional energy projects advancing opportunities from initial concept through to Final Investment Decision, when projects transition to the construction and execution phase. The ideal candidate will bring a deep understanding of energy markets and a strong commercial mindset to assess opportunities and drive value creation.
WHAT YOU WILL DO
Development M&A
- Lead the prospecting, negotiation, and execution of early-stage and mid-stage power development asset acquisitions. Focus areas: wind, solar, battery energy storage systems (BESS), and gas development assets across the western United States
- Lead the acquisition process from end-to-end, including risk analysis, valuation, deal structure, bid recommendation, negotiation, and cross-functional team communication with internal and external stakeholders
- Develop strategic recommendations for value creation via investment in power generation development assets in the US and present to the leadership team
- Support the internal approval process of near-term and long-term growth acquisition opportunities
- Enable unique deal opportunities for TransAlta via the creation and growth relationships with strategic counterparties
- Lead development M&A market intelligence efforts and present quarterly updates on themes, trends, and the competitive landscape within the power and renewables space
Project Development
- Support or lead development activities of early, mid, and late stages wind, solar, storage, and conventional energy projects located within the United States and Canada
- Align projects with company's long-term growth strategy and initiatives
- Support or lead project development teams in a matrix environment to ensure resources are focused on the right activity at the right time to meet project schedule and budget
- Manage project development through all stages of development, from concept evaluation to hand-off to the execution team for construction. This will include leading the following activities:
- Collaboration with the Community Relations Team to manage outreach and other stakeholder management activities
- Work with the land team to secure site control
- Apply for and secure project permits at the local, provincial / state, and federal level
- Secure transmission and interconnection rights
- Oversee project layouts and collaborate with project engineering and construction on design, engineering, and pre-construction planning activities
- Optimize project variables to improve both technical feasibility and financial returns
- Coordinate across expert hubs to ensure all project risks are identified, incorporated, and mitigated where possible
- Partner with the Origination Team to secure long-term offtake agreements and develop competitive pricing strategies
- Assist in negotiating various commercial contracts, such as Power Purchase Agreements, Turbine Supply Agreements, and Interconnection agreements, and construction related agreements
- Lead project budgeting and scheduling
- Represent TransAlta with customers, landowners, government officials, and other stakeholders
TransAlta Corporation
110 Twelfth Ave SW
Calgary
Alberta Canada
www.transalta.com
