Director of Real Estate
Company Overview
esVolta, LP is a leading developer, owner, and operator of utility-scale energy storage projects across North America. We are at the forefront of the fast-growing battery energy storage market, and our projects are helping to transition the nation’s electric grid to a cleaner and more reliable future. Our storage projects provide major utilities with a multitude of important services including reliable fast-ramping capacity, energy and ancillary grid services including renewable energy integration support.
esVolta is independently owned, and we are among the largest players in the US energy storage sector with about 1.5 GWh of projects in operation or construction, and a 20+ GWh development pipeline.
We are headquartered in Newport Beach, California, with employees in multiple regions across the U.S. Our diverse management team has many decades of experience in the renewable energy, utility, and independent power sectors.
Culture
At esVolta, every employee makes an impact to the company’s growth and profitability, every day. We have a fast-paced, high-performance, and team-oriented culture. We value quality of life for our employees and strive to help our team members achieve their career goals.
Apply today to start an extraordinary career.
Job Description
We are looking for a motivated and enthusiastic Director of Real Estate to join the esVolta team of professionals to support our company in real estate matters related to the development, construction, and operations of our energy storage project portfolio.
The Director of Real Estate will report to the Chief Development Officer and will be a key member of a team charged with developing a multi-GWh portfolio of energy storage projects across North America. The Director will collaborate closely across the development, legal, finance, and construction departments to manage real estate issues across the project lifecycle from initial prospecting and site acquisition through project financing, notice-to-proceed for construction, and operations.
Key Responsibilities
- Work closely with the company’s development and legal teams and external land acquisition consultants to develop, coordinate and implement land acquisition campaigns in multiple states within the United States with the goal of negotiating and securing control over the project site plus all necessary crossings, easements, and licenses required to interconnect, construct and operate the project.
- During the prospecting/land acquisition phase, coordinate with the development and legal teams as well as outside consultants to:
- Conduct site diligence including researching ownership of surface rights, competitor leases, mineral ownership, leases, liens, and encumbrances.
- Assist in identifying sites that qualify for the Investment Tax Credit Community Energy Bonus Adder.
- Identify and assess curative work needed to construct the project.
- Prepare and negotiate site control documents with support of legal counsel, in anticipation of debt and tax equity financing.
- During the development phase, coordinate with development, legal, and construction teams to:
- Provide ongoing de-risking of any title and survey issues related to each project including title and survey review and curing title/survey defects.
- Ensure compliance with real estate documents including tracking option and lease agreement payments, and track agreement expiration dates and initiate extensions where necessary.
- During the pre-construction and construction phase of projects, coordinate with development, legal, finance, and construction teams to:
- Obtain required third-party consents.
- Finalize title curative work necessary to finance, construct, and operate the project.
- Coordinate title commitments and title insurance.
- During the operations phase, support ongoing requests from the asset management department relating to operating assets in portfolio.
- Throughout the project lifecycle, support accounting and audit requirement to meet financial reporting obligations.
- Establish and maintain data-driven sitting processes through the use of GIS, and manage site mapping and spatial analysis.
- Coordinate and manage real estate document execution, including notarized signatures, and manage real property documents.
- Stay abreast of policy developments related to real property in the states in which the company owns or is developing projects.
The anticipated annual salary plus bonus range for this position is listed below. The actual salary and bonus offered will depend on the specific skills and experience of the selected candidate.
Director, Real Estate | Salary $160,000-$180,000 | Bonus 20-30% |
Location flexible, option to work-from-home with periodic office visits for in-person engagement or to work from company offices in Newport Beach, CA.
esVolta is an Equal Opportunity employer.
We celebrate all forms of diversity and are committed to creating an inclusive environment for all employees. However you identify or whatever your path here, we encourage you to apply. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the hiring process, perform essential job functions, and receive other benefits and privileges of employment.