Head of Origination

🕒 September 30

🍂 Massachusetts – Remote

🍂 Massachusetts – Remote

💵 $170k - $250k / year

⏰ Full Time

🔴 Lead

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• Open for 46 days.
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Commonwealth Fusion Systems

WebsiteLinkedInAll Job Openings

51 - 200 employees

Founded 2018

⚡ Energy

🔬 Science

🏛️ Government

Energy • Science • Government

Commonwealth Fusion Systems is the world's largest and leading commercial fusion energy company, focused on accelerating the arrival of commercial fusion energy. The company utilizes revolutionary high-temperature superconducting magnets, developed in collaboration with MIT, to create smaller and lower-cost tokamak fusion systems. Their flagship project, SPARC, is a net energy fusion machine that will pave the way for the first fusion power plant, called ARC. Commonwealth Fusion Systems is committed to designing, building, and scaling fusion power plants to deliver cost-competitive, clean energy, aimed at combating climate change.

📋 Description

• Lead origination, structuring, negotiation, and execution of long-term PPAs, tolling arrangements, environmental product contracts, and capacity contracts for ARC fusion power plants • Develop and maintain strategic relationships with anchor customers, including utilities, electric cooperatives, hyperscalers, industrial off-takers, and government agencies • Formulate and implement wholesale and retail origination strategy to secure contracted revenue streams supporting project financing and long-term business objectives • Provide commercial leadership during utility procurement processes, competitive solicitations, bilateral negotiations, and RFP responses • Collaborate with project development, finance, legal, external affairs, and engineering • Build, mentor, and manage a high-performing origination team • Design innovative contract structures while mitigating contractual risks in novel fusion power plant deployment • Identify high-value power markets, RTOs, and favorable regulatory frameworks • Monitor energy market trends, resource plans, and regulatory developments across North American RTOs/ISOs • Develop and own the commercial framework for project opportunities; analyze market data, assess risks, and present recommendations to executive leadership • Represent CFS at industry events, customer meetings, and strategic forums • Oversee post-execution lifecycle management and contractual compliance • Facilitate creative solutions to equitably share risk between parties • Prioritize conflicting projects and deadlines, take initiative in ambiguous startup environments, and make project-critical judgment calls • Prepare high-quality materials for broad external audiences and respectfully challenge senior leadership with data-supported arguments

🎯 Requirements

• Bachelor’s Degree preferably in Engineering, Engineering Technologies, Business, Finance, Economics, Math, Physics or a related field OR 10+ years of progressive energy industry experience, with at least 5 years specifically leading power origination, structured energy sales, or power marketing • Proven track record of originating and closing large-scale, long-term power purchase agreements (PPAs), tolling agreements, environmental product contracts, or capacity contracts • Deep technical understanding of North American wholesale power markets, RTO/ISO market rules, transmission dynamics, and commercial risk allocation • Established network of executive contacts across utilities, corporate/hyperscaler procurement teams, and wholesale counterparties • Strong financial acumen with direct experience working alongside project finance teams to ensure contract bankability and acceptable risk-adjusted returns • Superior negotiation, presentation, and communication skills, with a track record of presenting to C-suite executives and investment committees • Entrepreneurial mindset with the ability to thrive in a high-growth environment and turn broad, ambiguous opportunities into executed deals • Ability to perform typing, standing, and sitting for extended periods • Willingness to occasionally travel or work required nights/weekends/on-call; up to 25% travel • Ability to work in a facility containing industrial hazards including heat, cold, noise, fumes, strong magnets, lead, high voltage, high current, pressure systems, and cryogenics

🏖️ Benefits

• Competitive compensation with equity • 13 Company-wide Holidays • Flexible vacation days • 10 sick days • Generous parental leave policy • Health, dental, and vision insurance • 401(k) with employer matching • Professional growth opportunities • Team-building activities

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