Director, US Thermal Business Development

Director, US Thermal Business DevelopmentYour OpportunityCapital Power (TSX: CPX) is a growth-oriented North American power producer delivering responsible energy solutions across Canada and the United States.We are seeking a Director, US Thermal Business Development to lead the origination and execution of a multi-year pipeline of utility-scale thermal generation opportunities across the U.S. This is a high-impact, externally facing role shaping Capital Power’s thermal growth strategy and translating evolving utility reliability and capacity needs into long-term contracted assets.This results driven leader will operate with significant autonomy - originating proprietary opportunities, building senior utility relationships, and advancing projects through financial close to drive meaningful capacity growth and long-term value.What You’ll DoBuild and execute a multi-year development pipeline with clear line of sight to contracted MWs and financial closeOriginate proprietary brownfield and greenfield opportunities, including site control and interconnection strategyDefine and execute market entry and origination strategies across key ISO/RTO marketsLead and deepen executive-level relationships with utilities, co-ops, and load-serving entitiesConvert utility procurement needs and IRP insights into actionable development opportunitiesLead cross-functional teams with direct accountability for advancing projects through the full development lifecycle. Own project execution, including business cases, financial analysis, and risk assessmentStructure development opportunities for successful contracting and commercializationProvide market intelligence on capacity markets, regulatory shifts, and competitive dynamicsInfluence strategy, capital allocation, and pipeline priorities with senior leadershipWhat You BringBachelor’s in Engineering, Business, Finance, Economics, or related field (MBA preferred)10–15+ years in power development, business development, or project finance with a strong U.S. thermal track recordProven success originating and advancing projects through financial closeDeep, established relationships with utility procurement and executive teams (e.g., PJM, MISO, ERCOT)Strong knowledge of ISO/RTO markets, capacity structures, and interconnection processesExperience leading complex, cross-functional project executionAdvanced financial modeling, valuation, and investment analysis capabilitiesExpertise in structuring and negotiating power sector commercial agreementsTechnical understanding of thermal generation (peakers, CCGT, flexible capacity)Executive presence, strong judgment, and an ownership mindset with the ability to drive results independentlyWorking Conditions:Hybrid office/work from home position based in our Washington DC office.This position requires up to 40% travel, reflecting the relationship-intensive nature of utility origination across multiple US markets.Additional Details:The pay range for this position is $180,000 to $220,000.The specific rate will depend on the successful candidate’s qualifications and prior relevant experience.This position is eligible for health care benefits, retirement benefits, paid time off, and annual bonus.In order to be considered for this role you must be legally eligible to work in United States of America .The successful candidate for this position will undergo an education verification, reference checks and criminal record check.