Hut84mo ago

Director, Energy Origination

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Quick Summary

Overview

ABOUT HUT 8 Imagine the ultimate destination for those who want to work at the cutting edge of technology, energy, and infrastructure. Hut 8 is on a mission to build and operate some of the world’s largest data centers for next-generation computing workloads, including AI, Colocation, Cloud,…

Requirements Summary

Bachelor’s degree in Engineering, Environmental Science, Business, or a related field Minimum of 6 years of experience in energy origination and/or development. Experience with data center development is a plus.

Technical Tools

OtherDirector

Imagine the ultimate destination for those who want to work at the cutting edge of technology, energy, and infrastructure. Hut 8 is on a mission to build and operate some of the world’s largest data centers for next-generation computing workloads, including AI, Colocation, Cloud, and Bitcoin Mining. We are proud to offer interesting and challenging opportunities for individuals who want to build teams, solve problems, and make an impact from day one. If you’re an ambitious individual looking for a career that is as rewarding as it is challenging, you’ve come to the right place.

About the Role

~2 min read

We are seeking a highly motivated and experienced Director, Energy Origination who will manage data center development opportunities across the United States and manage early-stage efforts to execute on these opportunities by securing project site control and interconnection positions.

You will conduct project due diligence, secure site control, and navigate the load interconnection queue for data center development projects in PJM, MISO, ERCOT, SPP, WECC, and the Southeast. This role requires exceptional leadership skills, strategic thinking, and the ability to collaborate with cross-functional teams to ensure successful development and integration of data center loads. The Director of Development will report to the SVP of Corporate Development.

Some of the key responsibilities you should expect are the following:

The purpose of the Director of Energy Origination is to generate, develop, and execute a pipeline of competitive, data center development sites.
Oversee the entire development lifecycle for data center loads, including site selection, permitting, grid interconnection, and commercial offtake negotiations. Ensure all projects are delivered on time and within budget.
Proven ability to negotiate commercial terms with counterparties to maximize value for the company. This includes interactions with customers, project partners, EPC/supplier contracts, transmission providers, landowners, taxing authorities/entities, and O&M contracts.
Proven ability to identify strategic business opportunities and mitigate risks through well-structured project contracts.
Conduct risk assessments and business impact analyses while evaluating relevant laws and regulations.
Strong understanding of financial drivers and a customer-centric approach, working closely with stakeholders from C-Level executives to procurement personnel.
Lead data center development opportunities across the United States and manage development budgets to create investment opportunities.
Develop and implement growth strategies while fostering collaboration across functional areas to achieve shared goals.
Provide direction to internal teams, including engineering, legal, and finance, to support successful project outcomes.
Frequent travel required to engage key stakeholders and spearhead project approvals.
Prepare and present transaction approval documentation for senior management and participate in strategy development and execution planning.
Represent the company at public hearings, industry forums, and stakeholder meetings. Build coalitions with industry partners to address legislative challenges and advance company interests in data center development.

Bachelor’s degree in Engineering, Environmental Science, Business, or a related field
Minimum of 6 years of experience in energy origination and/or development. Experience with data center development is a plus.
Strong financial acumen and business strategy expertise, with experience in executive-level presentations.
Exceptional interpersonal skills, thriving in fast-paced, entrepreneurial environments while meeting deadlines.
Highly organized with strong attention to detail.
Ability to collaborate effectively in a flat organizational structure, leveraging diverse expertise.
Skilled in multi-tasking and managing conflicting priorities, taking ownership of tasks.

Hut 8 offers a benefits and wellness program that includes medical, dental, vision, life, and short-term and long-term disability insurance, as well as paid time off. We are proud to invest in building the best team in the industry. At all levels of the organization, we are driven by an entrepreneurial spirit, radical transparency, and relentless growth mentality.

At Hut 8, you will have the opportunity to:

▶ Work with bright, driven peers from a range of educational and professional backgrounds including software development, energy, engineering, entrepreneurship, investment banking, private equity, and management consulting

▶ Design and pitch new products, services, and other initiatives to a leadership team consisting of serial entrepreneurs and seasoned executives and backed by a board of directors consisting of industry veterans of energy, finance, and government

▶ Debate ideas and alternatives in a truly meritocratic setting where the learning curve is steep and the lessons come from both senior and junior members of the team

▶ Build a lifelong network of friends and professional connections at the cutting-edge intersection of technology, energy, and infrastructure