Capital Projects Director (Long-term Strategy and Portfolio Optimization)
Xcel Energy
Provides energy services across multiple states, focusing on clean, reliable, and affordable solutions.
Lead strategic generation portfolio planning and optimize capital projects.
6 days ago ago
$144,800 - $205,600
Expert & Leadership (13+ years)
Full Time
Denver Metropolitan Area
Office Full-Time
Company Size
14,000 Employees
Service Specialisms
Construction services
Project Management
Consulting
Engineering
Technical Services
Design
Sector Specialisms
Residential
Commercial
Industrial
Utilities
Energy
Infrastructure
Buildings
Government
Role
Description
preliminary design
cost estimation
system planning
portfolio optimization
regulatory filings
stakeholder management
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.
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.
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.
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.
Requirements
pmp
pe
bsc engineering
financial acumen
leadership
energy knowledge
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.
Project Management Professional preferred.
Strong financial acumen, understanding of regulatory requirements and their business and operational implications.
Strong written and verbal communication skills.
Bachelor of Science degree in engineering, construction management or project management from an accredited college or university.
Minimum of 10 years' combined experience in project management, engineering, construction, operations and/or maintenance for energy assets.
Registered Professional Engineer preferred.
Advanced degree preferred.
Benefits
Information not given or found
Training + Development
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Interview process
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Visa Sponsorship
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Security clearance
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Company
Overview
1909
Year Established
The company has a history spanning over a century, demonstrating its long-standing presence in the energy sector.
hidden炳 Renewable energy solutions, including wind and solar power.
hidden炳 Reducing carbon emissions and increasing clean energy generation.
hidden炳 Large-scale renewable projects like the Rush Creek Wind Project in Colorado.
hidden炳 Service offerings cover residential, commercial, and industrial energy needs with an emphasis on sustainability.
hidden炳 Leader in energy efficiency programs, helping customers reduce consumption and costs.
hidden炳 Innovates in the energy sector, balancing economic and environmental goals.
Culture + Values
90% Reduction
CO2 Emissions
Achieved a significant reduction in carbon dioxide emissions through sustainable practices and energy efficiency initiatives.
20 Hours
Employee Training
Provides employees with 20 hours of annual training focused on professional development and personal growth opportunities.
Fosters a culture of innovation and creativity.
Encourages open communication and collaboration.
Values diversity and inclusion within the workplace.
Supports community engagement and corporate social responsibility.
Environment + Sustainability
57% reduction
Carbon emissions from electricity
Achieved a 57% reduction in carbon emissions from 2005 levels as of early 2025.
1.5 million EVs
Electric vehicles enabled by 2030
Plans to enable 1.5 million electric vehicles by 2030 as part of broader sustainability goals.
$45 billion investment
In renewable energy projects
Investing $45 billion in generation, transmission, and other clean energy projects over five years (2024–2029).
54% carbon-free energy
In 2023
Achieved a 54% share of carbon-free energy in 2023, contributing to long-term sustainability goals.
Plans for zero-carbon fleet and enhanced EV charging infrastructure by 2030/2035 include enabling 1.5 million electric vehicles and achieving $1/gallon equivalent fuel savings for customers.
Investing in 4,000 MW+ of new wind and solar capacity by 2032, with all coal plants retiring by 2030 and nuclear energy extended until 2040.
Developing battery storage technologies, such as a 10 MW iron-air battery, and piloting innovative solutions like hydrogen, RNG, heat pumps, and smart water heaters.
Built a network of ~750 high-speed public EV charging stations in Minnesota and Wisconsin by 2026, alongside a home charger installation program to support widespread EV adoption.