Energy Manager, Wholesale Supply
4 weeks ago
Wholesale Supply Energy ManagerOur data centers are the foundation upon which our rapidly scaling infrastructure efficiently delivers Meta's services. Meta's Energy Team is seeking a commercially-experienced energy professional to help us grow and manage our wholesale electricity supply to ensure a reliable, cost effective, and sustainable service to our data centers with a focus in both regulated and organized markets.The Wholesale Supply Energy Manager will support the continued development and execution of Meta's global energy strategy centered on a supply portfolio of cost competitive, clean and renewable energy sources consistent with the company's overall strategic objectives. We are seeking someone with a proven track record of success developing wholesale portfolio strategies, demonstrating commercial, market, technical and financial expertise to execute wholesale capacity and energy transactions across electricity markets in the U.S., and in-depth knowledge of wholesale power market rules, regulations, and requirements.ResponsibilitiesIn coordination with our market-participating affiliate, lead the identification, structuring, creation, development, and negotiation of opportunities to secure new cost-competitive sources of wholesale energy and capacity for Meta's operationsCollaborate with internal organizations including sustainability, legal, tax, and finance to implement supply solutionsDevelop and grow relationships with key suppliers, developers, regulators, and other stakeholders in a variety of U.S. energy marketsParticipate in state or federal regulatory or wholesale market design processes by providing subject-matter input, industry perspectives, and comments to support reliable, cost-effective supply for new data centersSupport continued evolution and execution of the wholesale supply strategy for domestic and potentially international data centersStay informed of the technical, market, and regulatory developments in the energy industry and communicate key trends, risks and potential impacts to managementPartner on various energy projects as needed, including feasibility assessments and commercial negotiations for projects in developmentSupport continued development and delivery of Meta's energy supply strategy for data centersTravel domestically (10-25% at times)Minimum Qualifications10+ years experience in developing, acquiring, performing due diligence, and negotiating definitive agreements for utility-scale electricity supply projectsExperience negotiating wholesale capacity and energy transactions and projects, including working with market participating affiliates, utilities, or power marketersExperience working with detailed financial models of energy projects and transactions, identifying key risks and sensitivities, and leading all related due diligence efforts (financial, commercial, technical, development)Detailed knowledge of bilateral and organized market constructs, rules, and regulations that impact wholesale supply opportunitiesExperience representing business interests to the leadership teams of potential suppliers, utilities, governments, regulatory agencies, and other stakeholdersExperience in utility and grid interconnection, capacity accreditation, and wholesale electricity market transaction processesExperience leading negotiations and projectsExperience in communicating commercial, regulatory, market, and contractual details to all organizational levelsExperience managing multiple projects and collaborating with internal staff, utility providers, consultants, and external stakeholdersProficiency in standard document and analytics platforms (Excel, Powerpoint, Google Docs, etc.)Public Compensation: $188,000/year to $256,000/year + bonus + equity + benefitsIndustry: InternetEqual Opportunity: Meta is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law. Meta participates in the E-Verify program in certain locations, as required by law. Please note that Meta may leverage artificial intelligence and machine learning technologies in connection with applications for employment. Meta is committed to providing reasonable accommodations for candidates with disabilities in our recruiting process. If you need any assistance or accommodations due to a disability, please let us know at accommodations-ext@fb.com.
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