Portfolio Manager, Power Purchase

Job overview

Portfolio Manager, Power Purchase is an onsite role in Amarillo, TX. The listed annual salary range is $97,600–$138,600. Xcel Energy serves electricity and natural gas customers and works to provide reliable, resilient, and sustainable energy. The manager negotiates and administers long-term power purchase agreements to meet customer needs, manage risk, and optimize the power supply portfolio. The role coordinates with independent power producers, legal counsel, and internal teams to support contract performance and planned project delivery.

What you'll do

• Support negotiation of long-term power purchase agreements and model contracts
• negotiate related documents with legal counsel
• monitor contract terms and counterparty compliance
• coordinate performance governance
• maintain relationships with internal teams and independent power producers
• resolve contract issues and disputes
• route contracts through approval processes
• support regulatory filings and data requests.

What we're looking for

Skills & competencies

portfolio manager

power purchase

energy contracts

power supply portfolio

contract negotiation

contract administration

independent power producers

regulatory support

amarillo tx

xcel energy

annual salary $97,600–$138,600

energy industry

Work arrangement

• Weekend coverage required

Benefits & perks

• Annual incentive program
• medical, pharmacy, dental, vision, life insurance, reimbursement accounts, disability coverage, employee assistance program, tuition reimbursement, pension, 401(k), paid time off, holidays, volunteer paid time off, and parental leave.

Why this role

Requires at least two years of energy-industry experience, including contract or asset management, power generation matters, regulatory or legislative issues, and contract negotiation and administration.

About the employer

Xcel Energy is hiring for this role. Industry: Regulation and Administration of Communications, Electric, Gas, and Other Utilities. Sector: 92.