Senior Director, Business Development and M&A - Power Generation

Department: Business Development / Corporate Development / Mergers & Acquisitions About the Role Base Electron is seeking an experienced Senior Director, Business Development and M&A – Power Generation to lead the sourcing, evaluation, and early-stage structuring of power generation acquisitions, investments, joint ventures, and strategic partnerships. This role will focus on identifying operating and development-stage generation assets that can support the rapid growth of data centers and other large electrical loads. The successful candidate will pursue opportunities that can accelerate grid interconnection, provide near-term power solutions, generate early cash flow, and support Base Electron’s long‑term generation growth strategy. The Senior Director will evaluate opportunities based on asset quality, market position, interconnection rights, regulatory environment, commercial structure, expansion potential, and risk‑adjusted returns rather than a preference for any single fuel type or technology. The opportunity set may include natural gas, nuclear, renewable generation, hydroelectric facilities, battery energy storage, hybrid projects, and other commercially viable generation technologies. Key Responsibilities Business Development and Deal Origination Proactively identify, source, and cultivate acquisition, investment, joint venture, development, and strategic partnership opportunities across the power generation sector. Develop and maintain a pipeline of operating plants, development‑stage projects, project companies, and related energy infrastructure. Identify generation assets located near existing or planned data center campuses, substations, transmission infrastructure, fuel supply, and areas experiencing significant large‑load growth. Source opportunities that may provide near‑term capacity, energy, interconnection access, or cash flow while longer‑term generation projects are developed. Evaluate opportunities to acquire, repower, restart, expand, contract, or reposition existing generation assets to serve data center customers. Originate opportunities across multiple generation technologies without being limited to a single fuel type. Market Intelligence and Strategy Monitor regional power markets, capacity auctions, transmission constraints, interconnection queues, fuel markets, PPAs, regulatory developments, and data center load growth. Identify markets where existing generation and transmission infrastructure may allow additional electrical load to be interconnected more quickly. Assess wholesale and retail power market dynamics, capacity accreditation, congestion, basis risk, environmental requirements, and potential changes in market rules. Develop origination strategies by market, asset type, counterparty, and customer demand profile. Provide senior leadership with actionable market intelligence regarding generation asset availability, transaction activity, pricing, and competitive positioning. Relationship Development Build and maintain relationships with independent power producers, utilities, generation owners, developers, infrastructure funds, private equity sponsors, investment banks, brokers, advisors, equipment suppliers, and data center operators. Establish Base Electron as a credible and responsive buyer, investor, and strategic partner in the power generation market. Maintain an active network of proprietary and intermediated deal sources. Represent the company at industry conferences, market forums, and networking events. Develop relationships that generate off‑market and early‑stage acquisition opportunities. Opportunity Screening and Valuation Conduct preliminary financial, commercial, operational, and strategic analysis of prospective opportunities. Evaluate asset condition, operating history, market position, interconnection rights, fuel supply, environmental obligations, contractual arrangements, and expansion potential. Perform high‑level valuations using discounted cash flow, comparable transactions, precedent transactions, and other relevant methodologies. Assess the ability of each opportunity to support data center load, generate near‑term earnings, and create long‑term strategic value. Develop clear investment theses, risk assessments, return profiles, and strategic recommendations for senior leadership. Identify key diligence issues and potential transaction barriers early in the evaluation process. Transaction Structuring and Execution Support Lead early‑stage commercial discussions with plant owners, developers, utilities, sponsors, and other counterparties. Develop and negotiate indications of interest, letters of intent, term sheets, exclusivity agreements, joint venture structures, and other preliminary transaction documents. Evaluate acquisition, partnership, tolling, lease, PPA, capacity, and structured investment alternatives. Coordinate the transition of qualified opportunities from origination into formal diligence and transaction execution. Support negotiations of purchase and sale agreements, development agreements, PPAs, interconnection arrangements, and other material transaction documents. Assist with project finance, tax equity, structured capital, and other financing considerations where applicable. Work closely with internal and external advisors throughout the transaction process. Cross‑Functional Coordination Partner with finance, engineering, operations, development, legal, regulatory, environmental, commercial, and asset management teams to evaluate transaction feasibility. Coordinate technical, operational, commercial, environmental, regulatory, and financial diligence. Work with internal teams to assess required capital expenditures, operating improvements, repowering opportunities, and integration requirements. Present opportunities, economics, risks, and strategic rationale to executive leadership and the investment committee. Support post‑acquisition integration and the transition of acquired assets into Base Electron’s operating and development platform. Maintain a disciplined and transparent business development and M&A pipeline. Track transaction status, ownership, next steps, strategic rationale, valuation expectations, probability of close, and anticipated timing. Provide regular pipeline updates and market intelligence to senior leadership. Establish and apply clear screening criteria to prioritize opportunities with the strongest strategic fit and risk‑adjusted return potential. Ensure opportunities progress efficiently from initial sourcing through evaluation, diligence, approval, and execution. Required Qualifications Bachelor’s degree in Finance, Engineering, Business, Economics, or a related field. 7+ years of experience in M&A, corporate development, investment banking, private equity, energy infrastructure investing, project finance, or business development within the power generation industry. Demonstrated experience sourcing, evaluating, negotiating, and closing power generation or energy infrastructure transactions. Strong understanding of power markets, wholesale and retail market dynamics, capacity markets, interconnection, transmission, PPAs, fuel supply, and regulatory frameworks. Experience evaluating operating assets, greenfield developments, repowering opportunities, and development‑stage projects. Strong financial modeling, valuation, transaction structuring, negotiation, and executive presentation skills. Ability to assess opportunities across multiple generation technologies. Strong relationship‑building and networking capabilities within the power and energy investment community. Ability to work effectively across technical, commercial, legal, regulatory, and financial disciplines. Ability to travel as needed to meet counterparties, inspect assets, and attend industry events. Preferred Qualifications MBA, advanced finance degree, engineering degree, or other relevant graduate qualification. Existing network of relationships among generation owners, developers, utilities, sponsors, advisors, investment banks, infrastructure funds, and private equity firms. Experience with natural gas, nuclear, renewable generation, battery storage, and hybrid energy facilities. Familiarity with project finance, tax equity, structured transactions, joint ventures, and infrastructure investment structures. Experience evaluating assets intended to serve data centers, hyperscalers, industrial customers, or other large electrical loads. Knowledge of ISO/RTO markets, FERC regulation, state utility regulation, and environmental permitting. Experience evaluating interconnection rights, transmission access, capacity accreditation, and opportunities to accelerate large‑load energization. Experience sourcing proprietary or off‑market acquisition opportunities. Commercial judgment Strategic thinking Transaction leadership Financial and analytical rigor Executive communication Negotiation Cross‑functional leadership Accountability and follow‑through Measures of Success Success in this role will be measured by: Development of a credible and actionable acquisition and partnership pipeline. Origination of proprietary and strategically differentiated opportunities. Completion of acquisitions, investments, and partnerships that meet the company’s return objectives. Addition of generation capacity and interconnection pathways that support data center growth. Identification of opportunities that provide near‑term cash flow while enabling longer‑term development. Effective coordination of opportunities from initial sourcing through diligence, approval, closing, and integration. #J-18808-Ljbffr Base Electron