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Prologis, Inc. is the global leader in logistics real estate. In partnership with our customers and our communities, we develop modern, high-quality properties that set the standard for innovative building design and sustainability. Prologis owns or has investments in properties and development projects of ~1.2 billion square feet in 19 countries and enables 2.8% of the world’s GDP. We have committed to achieve net zero emissions by 2040. Beyond real estate, our Essentials platform optimizes the company’s global asset portfolio to provide our customers solutions that address today’s warehouse and shipping challenges. Prologis Ventures invests in logistics innovation and technology companies to modernize supply chains worldwide.
Job TitleVP, Data Center Power Procurement
CompanyPrologis
A day in the lifeWith rapid increase in Artificial Intelligence (AI) and associated need for data center development, Prologis is developing a strong pipeline of real-estate properties globally for our customers many of which are the hyperscalers. We are seeking an ambitious and passionate Global Head of Data Center Power Procurement. This position can be based at one of our 30+ offices across the US.
The position will work closely with both the Global Energy team and Real Estate Data Center development team and play the senior leadership connective tissue in enabling electric utility power access and energy solutions for our data center developments in the real-estate business. The senior leader will be accountable to enable transmission and distribution level service connections working with electric utilities across our footprint in 22 US states and 19 countries globally, development of private substations on our lands, and will work closely with the real-estate team to identify the best candidate set of Prologis warehouses and lands to for data center development for our customers.
Prologis Energy is currently ranked #2 for onsite solar among US corporations and is actively engaged in solar, storage, transmission and distribution interconnection infrastructure development, and electric vehicle infrastructure deployment projects in over 12 countries. We are investing in projects, growing our team, and expanding our commitment to data center and clean energy projects globally. You will report to the Global Head of Data Centers [dotted line to the SVP, Global Head of Energy, Utilities and Storage] and will closely work with our team of global real estate and energy professionals who are driving value for Prologis every day.
This position offers an unparalleled ability to apply utility power access development expertise and clean energy development expertise to enable a large portfolio of data center development, transmission, distribution, and clean energy assets across our global portfolio.
Key Responsibilities Include
Own electric utility grid planning, operations, interconnections, substation development costs/timelines across key data center markets.
Partner with C-suite and transmission planning & engineering at large electric utilities, negotiate interconnection development costs and timelines and utility tariffs.
Enable a business model across Prologis real-estate to match the grid power access, real estate access, and network fiber access to develop a multi-year pipeline of data center projects.
Lead large load interconnection filings to support data center development portfolio, system impact studies, understanding of substation development costs/timelines, and solutions enablement per end customer timelines.
Evaluate reliability and economics of onsite temporary power solutions e.g. fuel cells, gas turbines, catalyzers to enable power and energy access per project timelines.
Support data center development projects on Prologis existing building and land bank assets, and also new sites.
Manage permitting process with assistance of internal/external teams.
Support Energy team responses to utility RFPs and support origination teams in negotiation of offtake agreements.
Perform the necessary financial modelling to understand project economics.
Manage contractual relationships and coordinate with legal, as needed, to assist with contract negotiations and to resolve programmatic needs/requirements.
Follow energy regulatory frameworks and assess the impact of potential technology and regulatory changes on existing portfolio, contracts and new leads.
Steward, interface and develop strong working relationships with various regional internal and external partners, including external utility consultants, designers and equipment vendors, to ensure the energy and data center teams expediently and programmatically bring power to our real estate.
Building blocks for successRequired
Bachelor's degree in a quantitative discipline like engineering, applied science, economics, or statistics. Expertise with electric utility grid planning, operations, interconnections, substation development costs/timelines across key data center markets.
Must have experience with data center power access enablement, utility C-suite relationships, and previous experience directly negotiating interconnection agreements with large electric utilities.
10+ years of electric utility experience in transmission planning, substation development / engineering, distribution system planning, interconnection of large load projects.
Technical expertise to manage consultants for interconnection filings, understand system impact studies and discover solutions such us rightsizing of the project, load ramp optimization, phasing of timelines etc.
Expertise with data center development, knowledge of key markets, demand patterns, etc.
Experience with onsite generation solutions, power contract negotiations, energy regulations, or renewable energy generation and battery storage technologies.
Substantial power purchase contract negotiation experience.
Strong understanding of electricity market design, federal and state regulatory rules and incentives around energy storage, tariff structures, renewable energy, and renewable incentives
Strong understanding of Independent System Operator (ISO) setup, operations, and wholesale markets.
Proven ability to evaluate new energy markets, utility tariffs, policies, power contracts, or evaluating new energy opportunities and technologies.
Understanding of the interplay between system design, cost, project economics, financed pricing and ability to run and use financial models for data center development.
Familiarity with renewable credit programs, renewable project development, power forecasting and scheduling, portfolio management theory, energy storage, or alternative energy resources
Experience building relationships and working with industry stakeholders, such as utilities, regional power planning agencies, renewable project developers, project investors, and renewable OEMs.
Demonstrated ability to innovate, get creative and drive the business terms & schedule to expediently develop executable projects.
A history of collaboration, problem solving and communication that drives overall team success.
Able to travel up to 40% of the time.
Hiring Salary Range of: $185,000 - $254,000. Salary and whole compensation package (bonus target & LTI) to be determined by the candidate’s location, education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data.
People FirstEach of us working at Prologis plays an essential role in the enduring success of our company. We value people who are decisive, courageous and adaptable. While we are one company, locations and departments operate with autonomy and accountability. Individuals take the initiative here.When you join Prologis, you work shoulder to shoulder with some of the top talent in the industry to do the best work of your career. Every employee belongs. Every employee contributes. Employees advance their careers here.As a successful global enterprise, Prologis has never lost sight of what matters most, our strong belief that our people are the most important part of our business. And because of that, we provide a generous total rewards package and take a lot of time to focus on quality management and leadership development. People come first here.All full-time roles in the US come with a robust benefits package which includes healthcare, dental, and vision insurance for employees and eligible dependents. Prologis also offers several other wellness, financial, and work/lifestyle-specific benefits. Our 401(k) retirement plan has a company match of 50% up to 12% of eligible compensation. We also offer generous PTO with a starting accrual of 22 days a year in addition to paid holidays and volunteer time.
All job offers are contingent upon successful completion of background verification. Prologis is an Equal Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religions, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law.
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