Project Director

Job Description

Company8 Rivers is a Durham, North Carolina–based clean energy and climate technology company leading the global energy industry towards achieving net zero.Since 2008, 8 Rivers has been pioneering infrastructure-scale technologies that can drastically reduce or remove CO2 emissions. We’re proud to be a growing, world-class team of engineering and business experts working together to commercialize technologiesand deliver projects across multiple sectors, with a focus on oxy-combustion and ultra-low carbon intensity processes. The 8 Rivers technology portfolio includes ultra-low carbon hydrogen production (8RH2), transformative low-carbon power cycles (Allam-FedvedtCycle), and hyper-efficient direct air capture (Calcite). With more than $1B in funding raised into our portfolio, we hold more CO2-related patents than any other entity in the world, and we are actively deploying our technology into projects in the US andabroad. Our diversified suite of technologies was developed to help the hardest-to-decarbonize sectors to achieve their net-zero goals by prioritizing the balancing of economics and science. 8 Rivers is speeding the arrival of a net-zero world where cleanenergy powers human prosperity.Apply today if you are interested in contributing to our vision for a cleaner tomorrow, today.OpportunityThe Project Development Director will drive technical and commercial development activities to reach a final investment decision for an 8 Rivers showcase projects demonstrating 8 Rivers’ suite of technologies. The qualified candidate will have a broad rangeof prior experience and possess a thorough knowledge of the interdependence of commercial, technical, permitting, operational, finance and/or risk related aspects of project development, commercial contracting structures and negotiations in the power and energyindustries. Projects being developed by 8 Rivers typically represent captial investments ranging from $500 million to $1 billion plus that will utilize a project finance structure.ResponsibilitiesProvide clear, unambiguous direction to the Project team in order to progress projects to a final investment decision by outlining & prioritizing key work streams, leading all necessary internal & external stage gates in the process including:

• Review, negotiate and analyze material project documents including power, steam, hydrogen, ammonia, urea supply/purchase agreements; gas, oxygen supply/purchase agreements; CO2 transport and storage agreements, joint venture agreements; engineering, procurement,and construction contract, and/or other commercial contracts necessary for project financing.
• Coordinate with the Owner’s Engineer and EPC contractor on development deliverables and construction timelines, and other internal project commercial and technical managers and staff.
• Oversee local, state and federal environmental permitting processes and coordinate with outside consultants as needed.
• Facilitate contracting for development activities such as preliminary geotechnical, OSBL scope, water supply, generator interconnection and other transport/logistical agreements.
• Manage project budget(s) and expenditure authorizations.
• Direct project development activities such as tracking deliverables, risk management, project schedule management and reporting requirements.
• Lead and facilitate the relationship with landowners, local, environmental groups and other external stakeholders.
• Prepare and present written detailed analyses, provide recommendations and reports for the project team and to senior management, JV partners and outside investors.
• Act as a clearinghouse for development-related questions from internal and external stakeholders.
• Evaluate economic projections and competitive assessments.
• Support the development and vetting of financial and decision models.
• Obtain internal approvals as needed.
• Participate in project handover to Asset Management.
• Assist in monitoring, evaluating and optimizing the development pipeline with business development.
• Assist in assessing new development opportunities.
• Coordinate the preparation of materials for project finance and sell-down activities.

Qualifications/Experienced Requirements

• Bachelor’s degree business, engineering, finance or a related field required. MBA preferred.
• 10+ years of energy or utilities sector experience with progressive project management success required.
• 7+ experience in commercial, operations, asset management, and/or project development related roles requires.
• Track record evidenced by delivery of complex project development to financial closing.
• Professional with strong personal drive and credibility.
• Strong commercial, negotiations, teamwork skills are a must.
• Exceptional listening and strong communications skills.
• Must be able to manage and prioritize multiple opportunities while being flexible and able to adapt to changing project priorities.
• Strong analytical skills and attention to details.
• Only candidates allowed to work in the US without requiring visa sponsorship will be considered for this position.
• Ability to travel.

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