Director Corporate Economic Development - Transmission

Xcel Energy (NASDAQ: XEL) is a leading energy provider and Fortune 500 company, dedicated to serving millions of electricity and natural gas customers across eight states: Minnesota, Colorado, Wisconsin, Michigan, North Dakota, South Dakota, New Mexico and Texas. We make energy work better for our customers, helping them thrive every day. That means always raising the bar - delivering better service and providing more reliable, resilient, and sustainable energy.

Xcel Energy is a place where you'll have opportunities to grow, expand your skills, and help lead the clean energy transition. We offer meaningful rewards, recognition, and support to help you build your career and make an impact - both on the job and beyond. Most importantly, it means you'll be joining a company that knows employees are the driving force behind its success and is committed to helping you be your best.

Xcel Energy supports a hybrid work model to enable collaboration and flexibility. Many roles are expected to work onsite three days per week (Tuesday-Thursday); however, work location expectations vary based on role, team, and business needs.

Principal Transmission Solutions Consultant

Position Summary

Responsible for developing transmission solutions for transmission and interconnection of data center and large customers from customer request to customer energization. Works across internal planning, development, and construction teams to ensure transmission interconnection. Responsible for developing solution requirements by understanding and connecting the customer's requirements with the organization's solutions.

Essential Responsibilities

• Drive interconnection and transmission connection solutions for strategic large customers across customer acquisition, planning, development, and construction processes and departments.
• Utilize advanced knowledge of the company's transmission product/service solution capabilities and understanding of the customer's business in order to develop customized proposals that present creative solutions and successfully sell the organization's capabilities.
• Responsible for identifying and developing large-scale transmission business growth opportunities within commercial and industrial (C&I) market sectors.
• Support Corporate Development Directors in developing and managing one or more Operating Company Corporate Development Strategies. Negotiate simple to complex transactions. Build investment strategies for entry into new business segments/asset classes. Assess potential business expansion opportunities, including acquisitions, divestitures, or joint ventures for financial contribution and strategic fit. Participate in financial evaluations and due diligence reviews of potential opportunities. Participate in transaction negotiations.
• Provide guidance and support to business units in assessing and developing new corporate transmission development initiatives which are consistent with company strategic and financial objectives.
• Screen and prioritize business opportunities and resource allocation. Review and screen business expansion opportunities against screening criteria.
• Assess gaps that exist in the corporation relative to transmission and interconnection service capabilities, markets, business scope, and investment risk/return, and recommend approaches to close those gaps.
• Execute next steps on transmission-related corporate development opportunities that have been approved for implementation.

Minimum Requirements

• Bachelor's degree in a technical or financial field required. MBA preferred. Will consider equivalent combination of knowledge/capabilities from experience and education.
• Seven years' experience in contract negotiation, financial analysis/modeling, and/or equivalent corporate development experience.
• Experience in negotiation desired.
• Excellent written and verbal communication skills.
• Demonstrated financial analysis and/or modeling capability. Some knowledge of transaction-related tax, accounting, legal, and human resource issues.
• Capable of integrating technical and business judgment.
• Ability to work well within a team, and to successfully interact with individuals at all levels of the organization.
• Experience in, or extensive knowledge of, an energy related field. Must be available to work additional hours.
• Overnight travel as needed.

Preferred Requirements

• Demonstrated experience in business-to-business (B2B) infrastructure development.
• Demonstrated experience in Transmission Planning and/or Utility Planning.

Our culture is grounded in shared values and employee commitments that guide how we work, support one another, and grow together.

Our Values

Connected, Committed, Trustworthy, Safe

Our Employee Commitments

• Work that makes a difference
• A team you can count of
• Opportunities to grow
• Rewards that help you thrive

Xcel Energy provides job applicants reasonable accommodations for disabilities throughout the application process. If you are in need of an accommodation to complete the application process, now or at any time in the future, please complete the Applicant Accommodation Request Form.

Non-Bargaining

The anticipated starting base pay for this position is: $148,400.00 to $210,733.00 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 Flexible Spending Account, Health Care Flexible Spending 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: 10/21/26

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Accessibility Statement

Xcel Energy endeavors to make https://www.xcelenergy.com and https://jobs.xcelenergy.com accessible to any and all users. If you are in need of an accommodation to complete the application process, now or at any time in the future, please complete the Applicant Accommodation Request Form. For any other application related questions, including application follow-ups or technical issues, please use our Recruiting Assistance, Electra, for assistance. Electra can be found in the lower right-hand corner of our Xcel Energy Careers site.