Corporate Development Director

Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow? A position at Xcel Energy could be just what you’re looking for.

Position Summary

Identify, evaluate, negotiate, validate, and execute strategic acquisitions, divestitures, and joint ventures to enhance corporate financial performance, efficiency, and capabilities. Coordinate and execute financial valuations, due diligence reviews, and risk assessment of potential acquisitions or divestitures. Negotiate multiple large, complex transactions simultaneously. Provide a consistent methodology for assessment of new corporate development opportunities. Identify areas/segments for new investment opportunities and develop strategies/build business cases for executing on strategies. Lead individual Corporate Development Operating Company strategies, pipeline development, and portfolio execution. Implement and improve the process for screening and prioritization of industry opportunities and competitive threats. Review and assess business expansion opportunities against screening criteria. Provide support and guidance to business units in assessing and developing new corporate development initiatives. Prepare materials supporting transactions for senior leadership and Board review and approval. Coordinate and contribute to the efforts to gain regulatory approvals of proposed transactions. Provide guidance and training to corporate development team members. Responsible for developing and executing on asset-level strategies focused on renewable energy (solar, wind, batteries), dispatchable generation, carbon-free technologies (e.g. geothermal, long-duration storage, hydrogen), and other infrastructure investments to enhance long term growth and positioning in the market for the company.

Essential Responsibilities

Minimum Requirements

Preferred Requirements

As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you’re ready to be a part of something big, we invite you to join our team.

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Individuals with a disability who need an accommodation to apply please contact us at recruiting@xcelenergy.com.

Non-Bargaining

The anticipated starting base pay for this position is: $144,800.00 to $205,600.00 per year

This position is eligible for the following benefits: Annual Incentive Program, Long Term Incentive, Medical/Pharmacy Plan, Dental, Vision, Life Insurance, Dependent Care Reimbursement Account, Health Care Reimbursement Account, Health Savings Account (HSA) (if enrolled in eligible health plan), Limited-Purpose FSA (if enrolled in eligible health plan and HSA), Transportation Reimbursement Account, Short-term disability (STD), Long-term disability (LTD), Employee Assistance Program (EAP), Fitness Center Reimbursement (if enrolled in eligible health plan), Tuition reimbursement, Transit programs, Employee recognition program, Pension, 401(k) plan, Paid time off (PTO), Holidays, Volunteer Paid Time Off (VPTO), Parental Leave

Benefit plans are subject to change and Xcel Energy has the right to end, suspend, or amend any of its plans, at any time, in whole or in part.

Deadline to Apply: 03/02/25

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ACCESSIBILITY STATEMENT

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