Xcel Energy

Director, Capital Projects Development (Thermal)

Xcel Energy$148K — $241K *
Energy & Utilities
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor of Science degree in engineering, construction management or project management; advanced degree preferred.
  • 10+ years of experience in project management, engineering, construction, operations and/or maintenance for energy assets.
  • In-depth knowledge of gas, electric distribution, transmission, and energy supply functions.
  • 5+ years of leadership experience in strategy development and implementation.
  • Strong financial acumen with understanding of regulatory requirements and implications.
  • Registered Professional Engineer is preferred.
  • Project Management Professional accreditation is preferred.
  • Excellent written and verbal communication skills.

Responsibilities

  • Oversee the strategic planning and development of a 5-year capital projects portfolio.
  • Lead cross-functional teams in developing project scopes and foundational deliverables.
  • Provide technical analysis and supporting documentation for regulatory filings and approvals.
  • Establish strong partnerships with Operations and Corporate organizations for effective collaboration.
  • Advance projects through governance with key stakeholders including the Investment Review Council and board of directors.

Benefits

  • Annual Incentive Program
  • Long Term Incentive
  • Medical/Pharmacy and Dental/Vision Plans
  • Life Insurance and dependent care reimbursement
  • Health Savings Account and Limited-Purpose FSA options
  • Tuition reimbursement and volunteer paid time off
  • 401(k) plan and pension options
  • Various disability insurance options and employee assistance program
  • Paid time off and holidays, including parental leave
Full Job Description
Director, Capital Projects Development (Thermal)

Position Summary

Responsible for strategic planning and development for generation, transmission, electric distribution and/or gas systems. Provides leadership and coordination of multi-disciplinary teams in appraising, selecting, and defining the commercial, technical and performance characteristics for capital projects in the 5-year strategic plan consistent with corporate strategy, operational excellence, and industry best practices.

Essential Responsibilities
  • Responsible for strategic system planning and development of the 5-year portfolio of major capital projects and programs involving the modification, expansion and innovation of generation, transmission, electric distribution, gas, clean fuels, and/or clean transportation systems. Execute development strategies for projects and programs that balance risk, system reliability, resource adequacy, financial investment, customer cost, and executability of complex projects and programs. Aggregates, priorities and optimizes the portfolio of proposed capital projects within and across the operating business unit, the operations enterprise and the operating company. Accountability can include significant capital projects per planning cycle.
  • Leads cross functional teams to perform preliminary design and project development activities which result in robust foundation for packages for capital projects and programs. Performs tasks and activities to develop deliverables which include, but is not limited to, a defined project scope, justified business case, alternatives assessment, technology due diligence, cost estimates, project schedules, preliminary engineering designs, permitting strategy, procurement strategy, construction, and overall execution strategy. Provides assurance for the application of technical specifications, best practices and continuous improvement across capital project portfolio. Ensures an effective project handover to Operations and a robust feedback loop for continuous improvement.
  • Provides technical analysis, supporting documentation, and testimony for public utility commission filings and permit filings, and submittal requirements. Obtains financial/tax incentives and grants, and regulatory approvals. Participates in public meetings and forums. Represents Xcel Energy in stakeholder meetings. Advances projects and programs to the Investment Review Council (IRC), Finance Council (FC) and board of directors per governance requirements.
  • Establish and foster successful partnerships with Operations, Operating Companies and Corporate organizations. Develop and maintain effective relationships with other jurisdictional, business units and corporate peers, to ensure timely, effective information sharing and best practices implementation. Build and maintain external relationships in common areas of expertise.


Minimum Requirements
  • Bachelor of Science degree in engineering, construction management or project management from an accredited college or university. Advanced degree preferred.
  • Minimum of 10 years' combined experience in project management, engineering, construction, operations and/or maintenance for energy assets.
  • Demonstrated knowledge of gas, electric distribution, transmission and/or energy supply business area functions.
  • Minimum of 5 years' experience in leadership positions, including strategy development and implementation.
  • Strong financial acumen, understanding of regulatory requirements and their business and operational implications.
  • Registered Professional Engineer preferred.
  • Project Management Professional preferred.
  • Strong written and verbal communication skills.


Non-Bargaining

The anticipated starting base pay for this position is: $148,400.00 to $241,900.00 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.

In any materials you submit, you may redact or remove age-identifying information including but not limited to dates of school attendance and graduation. You will not be penalized for redacting or removing this information.

Deadline to Apply: 09/30/26

About Xcel Energy

Xcel Energy Careers

Join the dynamic team at Xcel Energy, where innovation meets expertise in the pursuit of sustainable energy solutions. As a leading energy company, Xcel Energy offers unparalleled job opportunities that empower professionals to advance their careers while contributing to environmental stewardship.

Work You’ll Do

At Xcel Energy, you’ll collaborate with skilled professionals dedicated to pioneering advancements in the energy sector. Our team is at the forefront of developing sustainable energy technologies that revolutionize how people consume energy. By joining us, you will be part of a culture that values diversity, leadership, and professional growth.

Innovate and Lead

Step into a role where your skills will directly enhance our capabilities in delivering reliable and sustainable energy. Xcel Energy is a hub for innovation, where your ideas can lead to groundbreaking solutions that shape the future of energy. Our leadership is committed to fostering an environment where creativity and strategic thinking are at the core of our operations.

Career Development

Xcel Energy is deeply invested in the professional development of its team members. With a variety of career paths available, from engineering to customer service, your journey with us is filled with endless possibilities. We support your growth with robust training programs, leadership development opportunities, and diversity training that prepare you for success.

Join Our Team

Explore the numerous employment opportunities at Xcel Energy, from entry-level positions to senior roles. We are hiring individuals who are passionate about making a difference and ready to contribute their expertise to our mission of delivering safe, clean, and reliable energy.

Internship Programs

Kickstart your career with an internship at Xcel Energy. Our internships provide hands-on experience in real-world projects that matter. You’ll gain invaluable insights into the energy sector while developing essential skills that will enhance your resume and increase your marketability.

Benefits and Culture

Xcel Energy is not just about work; we care about our employees' well-being. We offer competitive benefits, including health care, retirement plans, and wellness programs, designed to keep you at your best. Our inclusive culture encourages collaboration and offers networking opportunities that foster connections and professional growth.

Stay Connected

Keep up to date with the latest at Xcel Energy: - **Search Xcel Energy Jobs**: Find positions that match your skills and interests. We look for driven, curious, and innovative team players. - **Read Careers Blog**: Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. - **Job Alert Emails**: Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Xcel Energy. Join Xcel Energy today and be part of a team that is dedicated to building a sustainable future. Your career at Xcel Energy is not just a job; it’s an opportunity to excel in an environment that appreciates your contribution and supports your professional growth.
Learn more about Xcel Energy
Size
11,321 employees
Market Cap
$38.6 billion
Industry
Net Income
$1.4 billion
Founded
2000
5 Year Trend
+3.9%
Revenue
$11.5 billion
NASDAQ

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