Energy Supply Lead - Power Supply and PPA

About Anthropic

Anthropic's mission is to create reliable, interpretable, and steerable AI systems. We want AI to be safe and beneficial for our users and for society as a whole. Our team is a quickly growing group of committed researchers, engineers, policy experts, and business leaders working together to build beneficial AI systems.

About the role

We are hiring a Power Supply & PPA Lead to own front-of-meter energy supply for Anthropic's non-cloud data center portfolio: the power purchase agreements and the wholesale and retail supply contracts that serve our grid-connected sites. As those sites energize, their load needs contracted supply, and these contracts will be among the largest long-term commitments the energy team makes. You will set the supply plan for each market, take it to generators and suppliers, structure and negotiate the agreements, and carry them through internal approval to signature. This supply is also central to Anthropic's ratepayer-protection commitment, so what a deal does for other customers on the system counts alongside price and term. You will work beside the teammates who originate sites and behind-the-meter generation, who buy and transport gas, and who schedule the portfolio once it operates. You are this function's first dedicated owner.

Responsibilities:

• Own the front-of-meter supply plan for the United States: for each grid-connected site and market, how much load to contract, from whom, for how long, at what price structure, and by when, set against the site's ramp and the portfolio view of energy need.

• Take that plan to market. Build and keep relationships with generation owners, developers, independent power producers, and retail and wholesale suppliers; run competitive solicitations and bilateral negotiations; and compare offers on a like-for-like basis.

• Structure and negotiate PPAs, tolls, capacity agreements, and other long-term supply agreements from term sheet to signature, with legal and outside counsel: price and shape, delivery point and basis, congestion and curtailment, commercial operation dates and delay remedies for new-build projects, credit support, change in law, assignment, and termination.

• Make supply work under each market's rules: through retail providers and load-serving entities in competitive markets, and through utility tariffs, sleeved arrangements, and customer-sourced generation programs in regulated, cooperative, and public power territories. Work with the teammates who hold the utility relationship so the utility service agreement and the supply contract fit together.

• Design the supply portfolio to deliver Anthropic's ratepayer-protection commitment, and be able to show that it does: work with policy and outside analysts on how the effect on other customers is measured, and bring that test into deal selection and contract terms.

• Collaborate with Energy Finance on deal valuation and the risk view behind it: forward curves, shape and basis risk, capacity and ancillary costs, counterparty credit, and development risk. 

• Carry commitments through internal approval: write the deal memo, state the price, the exposure, and the alternatives plainly, and answer questions from executives who do not work in energy.

• After signature, track new-build counterparties to commercial operation, manage amendments and disputes, and hand each contract to energy scheduling and portfolio in a form that can be operated.

• Support negotiation of utility service agreements and large-load tariff terms for grid-connected sites, manage the interconnection and load-study process, and represent Anthropic in tariff proceedings and ISO/RTO rule changes alongside policy and industry coalitions.

You may be a good fit if you:

• Have 10+ years in power origination, structuring, or energy procurement, including PPAs or long-term supply contracts that you led from term sheet to signature.

• Have bought power for a large load (a data center operator, industrial, utility, cooperative, or retail supplier), or have sold to those buyers and know what they should have asked for.

• Know at least two US ISO/RTO markets (ERCOT, PJM, MISO, SPP, or others) well enough to price delivery point, basis, congestion, capacity, and ancillary costs into a deal, and understand how a large customer gets supply in a vertically integrated utility territory.

• Can build and interrogate a deal valuation yourself, and can say what a fixed-price, shaped, index, or block structure does to the buyer's exposure.

• Read and mark up a PPA yourself. You use counsel well, and you do not hand them the commercial judgment.

• Understand credit support and project finance well enough to know what a developer's lenders need from an offtaker, and what that is worth in the negotiation.

• Write and speak plainly about large commitments to people outside energy, and coordinate well across teams that do not report to you: finance, legal, policy, site origination, and scheduling.

• Have built a book, a program, or a function from zero, and are comfortable moving quickly on incomplete information.

Strong candidates may also have:

• Experience contracting supply for data centers or other large, fast-ramping load.

• Experience with firm and shaped products: storage-backed and hybrid structures, tolling agreements, and offtake from new-build dispatchable or clean firm generation.

• Experience in regulated and public power territories: sleeved PPAs, utility green or clean-transition tariffs, and large-load tariffs and the provisions in them that protect other ratepayers.

• Experience with virtual PPAs, energy attribute certificates, and hourly matching or emissions accounting.

• Experience with Canadian energy markets.