Principal Power Generation Engineer - Gas Cost & Growth

Requisition ID:  94961 

NextEra Energy Resources is one of America’s largest wholesale electricity generators, harnessing diverse energy sources to power progress. We deliver tailored energy solutions that fuel economic growth, strengthen communities, and help customers achieve their energy goals. Ready to make a lasting impact? Take the next step in your career with us!

Position Specific Description

Job Overview
As a member of the Power Generation Division’s Cost & Growth team, this role plays a central role in development and contracting decisions for new gas generation projects, while also supporting M&A and acquisition diligence activities across the portfolio. The position contributes directly to capital investment decisions, power purchase agreement structuring, and long-term financial planning by translating operational realities into financial, contractual, and risk-adjusted outcomes. This role is intentionally designed for a hybrid professional with hands-on gas generation operations and maintenance experience combined with strong financial modeling, commercial, and contract support capabilities. The Principal Engineer will develop and own long-term O&M cost models, support negotiation of operational and availability-related PPA terms, and provide disciplined analytical input to inform PGD’s financial strategy. While the role supports acquisition diligence and transaction underwriting, the primary current focus is on development-stage projects and PPA contracting.

Job Duties & Responsibilities

• Translate plant-level operational considerations, technical risks, and market dynamics into financial, contractual, and valuation impacts for development, PPA, and acquisition decisions


• Build, own, and maintain long-term O&M cost forecast models supporting development-stage pro formas, PPA pricing, investment committee materials, and acquisition underwriting


• Develop and maintain key O&M, outage, staffing, and lifecycle cost assumptions used in financial models, sensitivities, and downside cases


• Actively support power purchase agreement negotiations, evaluating and shaping operational, availability, performance, and cost-recovery provisions in collaboration with development, finance, and legal teams


• Serve as a technical–commercial bridge between operations, finance, development, and legal stakeholders to ensure operational risks are appropriately reflected in pricing, contracting, and financial structure


• Support M&A and acquisition diligence, including review of operating data, assessment of O&M cost profiles, identification of operational risks, and integration of findings into valuation and risk analysisEvaluate new and emerging


• generation technologies from an operability, cost, and financial risk perspective, particularly as they relate to development-stage projects


• Identify, quantify, and propose mitigations for operational and technical risks across the project lifecycle, with explicit linkage to financial exposure and contract structure


• Lead the annual update of O&M pro forma assumptions, incorporating operating experience, outage history, vendor pricing, inflationary impacts, and labor market conditions


• Perform ad hoc financial, operational, and contract-related analyses in support of executive decision-making, development prioritization, and transaction evaluation

Competencies

• Applies strong commercial, financial, and operational judgment to complex investment and contracting decisions


• Consistently delivers high-quality analytical output in fast-paced, cross-functional environments


• Communicates effectively across technical, financial, legal, and executive audiences


• Demonstrates comfort operating at the intersection of engineering, finance, and commercial negotiation


• Builds trusted partnerships and collaborates effectively to support shared development and investment objectives


• Navigates complex organizational, policy, and approval processes with confidence.

Preferred Skills & Experience

• Bachelor’s degree in engineering or finance


• MBA or equivalent experience in financial modeling, valuation, investment analysis, or corporate finance


• 5+ years of hands-on gas power plant operations and maintenance experience


• Demonstrated ability to translate operational experience into development pro formas, PPA support, or acquisition diligence


• Experience with long-term cost modeling, scenario analysis, and assumption development for capital projects or M&A.

Special Considerations

• This role requires in-office, in-person work.

NextEra Energy offers a wide range of benefits to support our employees and their eligible family members. Click here to learn more.

Employee Group:  Exempt
Employee Type:  Full Time
Job Category:  Engineering
Organization:  NextEra Energy Resources, LLC 
Relocation Provided:  Yes, if applicable

NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law. 

NextEra Energy and provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to [email protected], providing your name, telephone number and the best time for us to reach you. 

NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.

NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies. Please see our policy for more information.

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