Xcel Energy
Capital Projects Director (Long-term Strategy and Portfolio Optimization)
Xcel Energy, Minneapolis, Minnesota, United States, 55400
Capital Projects Director (Long-term Strategy and Portfolio Optimization)
Join Xcel Energy as the Capital Projects Director where you will lead the strategic development of generation portfolios across renewables, natural gas, and emerging technologies to meet the company’s long‑term resource needs. You will manage a team of development managers responsible for creating and advancing project portfolios to be bid into operating company resource solicitation processes, focusing on portfolio optimization, long‑term resource needs, and strategic positioning to ensure competitive bids and alignment with corporate resource planning objectives. Responsibilities
Lead 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. Aggregate, prioritize, and optimize the portfolio of proposed capital projects within and across the operating business unit, the operations enterprise, and the operating company. Lead cross‑functional teams to perform preliminary design and project development activities that result in a robust foundation for packages for capital projects and programs. Provide technical analysis and supporting documentation for public utility commission filings and permit filings, and submittal requirements. Establish and foster successful partnerships with operations, operating companies, and corporate organizations to ensure timely, effective information sharing and best practices implementation. Minimum Requirements
Bachelor of Science degree in engineering, construction management, or project management from an accredited college or university. Advanced degree preferred. Minimum of 10 years combined experience in project management, engineering, construction, operations, and/or maintenance for energy assets. 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. Strong financial acumen, understanding of regulatory requirements, and their business and operational implications. Registered Professional Engineer preferred. Project Management Professional preferred. Strong written and verbal communication skills. Benefits
Annual Incentive Program Long Term Incentive Medical/Pharmacy Plan Dental Vision Life Insurance Dependent Care Reimbursement Account Health Care Reimbursement Account Health Savings Account (HSA) Limited‑Purpose FSA Transportation Reimbursement Account Short‑term disability (STD) Long‑term disability (LTD) Employee Assistance Program (EAP) Fitness Center Reimbursement Tuition reimbursement Transit programs Employee recognition program Pension 401(k) plan Paid time off (PTO) Holidays Volunteer Paid Time Off (VPTO) Parental Leave Salary
Anticipated starting base pay: $144,800.00 to $205,600.00 per year. Deadline to Apply
12/24/25 EEO Statement
All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Accessibility Statement
Xcel Energy endeavors to make https://www.xcelenergy.com/ accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact Xcel Energy Talent Acquisition at recruiting@xcelenergy.com.
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Join Xcel Energy as the Capital Projects Director where you will lead the strategic development of generation portfolios across renewables, natural gas, and emerging technologies to meet the company’s long‑term resource needs. You will manage a team of development managers responsible for creating and advancing project portfolios to be bid into operating company resource solicitation processes, focusing on portfolio optimization, long‑term resource needs, and strategic positioning to ensure competitive bids and alignment with corporate resource planning objectives. Responsibilities
Lead 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. Aggregate, prioritize, and optimize the portfolio of proposed capital projects within and across the operating business unit, the operations enterprise, and the operating company. Lead cross‑functional teams to perform preliminary design and project development activities that result in a robust foundation for packages for capital projects and programs. Provide technical analysis and supporting documentation for public utility commission filings and permit filings, and submittal requirements. Establish and foster successful partnerships with operations, operating companies, and corporate organizations to ensure timely, effective information sharing and best practices implementation. Minimum Requirements
Bachelor of Science degree in engineering, construction management, or project management from an accredited college or university. Advanced degree preferred. Minimum of 10 years combined experience in project management, engineering, construction, operations, and/or maintenance for energy assets. 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. Strong financial acumen, understanding of regulatory requirements, and their business and operational implications. Registered Professional Engineer preferred. Project Management Professional preferred. Strong written and verbal communication skills. Benefits
Annual Incentive Program Long Term Incentive Medical/Pharmacy Plan Dental Vision Life Insurance Dependent Care Reimbursement Account Health Care Reimbursement Account Health Savings Account (HSA) Limited‑Purpose FSA Transportation Reimbursement Account Short‑term disability (STD) Long‑term disability (LTD) Employee Assistance Program (EAP) Fitness Center Reimbursement Tuition reimbursement Transit programs Employee recognition program Pension 401(k) plan Paid time off (PTO) Holidays Volunteer Paid Time Off (VPTO) Parental Leave Salary
Anticipated starting base pay: $144,800.00 to $205,600.00 per year. Deadline to Apply
12/24/25 EEO Statement
All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Accessibility Statement
Xcel Energy endeavors to make https://www.xcelenergy.com/ accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact Xcel Energy Talent Acquisition at recruiting@xcelenergy.com.
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