- Professional
- Office in Los Angeles
About EVgo:
EVgo (Nasdaq: EVGO) is one of the nation’s largest public fast charging networks for electric vehicles. Our mission is to expedite the mass adoption of electric vehicles (EVs) by creating a convenient, reliable, and affordable EV charging network that delivers fast charging to everyone. EVgo’s owned and operated charging network is growing rapidly, and we’re working to triple our network size by 2025. We partner with multiple stakeholders including automakers; fleet and rideshare operators; retail hosts such as grocery stores, shopping centers, restaurants, gas stations, and more to make our vision of Electric for All a reality. The EV industry is one of the fastest growing industries in the country. Join us as we charge forward into an all-electric future. Software is an integral part in realizing this vision and we are hiring a software manager to play a leadership role shaping our future.
Position Summary:
EVgo is looking for an experienced and entrepreneurial Sr. Director, Real Estate to help identify and transact property purchase and ground lease (as lessee) opportunities for the purpose of developing EV Charging hubs. These hubs will host 10 to 50+ EV charging stalls designed for various charging applications, with focus on serving both Public EV Drivers and Commercial Fleets.
Reporting into the Vice President, Business Development, you will build on EVgo’s existing deployments and help create and execute a broader large-site real estate strategy. You will collaborate with Data Analytics align on the best locations for Charging Hubs, assuring that EVgo’s charging supply aligns with demand. You will principally work with brokers, developers and landowners to identify, negotiate and close on a robust pipeline of property acquisition opportunities. You will coordinate cross-functionally to diligence the properties, including assessments of environmental, Land Use, Utility, and other aspects that determine the feasibility of installing and operating EV Fast Charging Stations.
Responsibilities:
- Formulate and implement the next phase of EVgo’s real estate strategy for ground leases and property acquisition, in collaboration with the broader fleet sales, business development, account management, and site development teams
- Source land lease and acquisition opportunities for EV charging hubs nationwide
- Manage relationships with brokers, developers, due diligence partners, Landlords and Sellers
- Negotiate terms with Sellers and Debt Financing partners , including LOIs, PSAs and financing agreements.
- Coordinate internal efforts to improve the large site acquisition process, including working with the engineering and construction and policy teams on local zoning and permitting matters
- Present to and secure approvals from EVgo’s investment committee and, where applicable, board of directors
- Periodically support portfolio management efforts (identify and secure solutions for property financing, security, cleaning, and staffing)
- Collaborate cross-functionally on the site design and complementary site amenities, to create a an appealing charging experience.
- Identify revenue generating temporary sublease opportunities
- Oversee ongoing Asset Management and Property Management, both during development and through ongoing Charging Station Operation
Qualifications:
- 10+ years of commercial real estate experience, specifically related to property purchasing and ground leasing (as the lessee), including ongoing Asset Management
- 3+ Years managing a team of direct reports
- 3+ Years Pro Forma modeling for Real Estate Transactions
Desired Skills:
- Experience in developing Electric Vehicle Charging Stations a plus
- Strong and creative negotiator with proven property purchase / ground lease deal experience
- Ability to balance commercial goals and practical expediency appropriately and thoughtfully
- Track record of managing external partners, e.g., Real Estate brokers, Due Diligence & Development partners
- Ability to work in a self-directed manner and collaboratively across teams, including with clients and other external stakeholders
- Excellent oral/written presentation skills; proficiency in advising internal stakeholders at all levels of the business to achieve strategic objectives
- Familiarity with various zoning/rezoning, entitlement, planning, and building codes a plus
- Proven ability to translate business objectives into measurable goals and deliver on them
- Intellectually curious; desire and ability to learn new content and concepts; able to think creatively
- Strong business acumen with the ability to collaborate and contribute to the success of the total business model
- Data-driven decision maker with an ability to learn from past experiences and a willingness to adjust
- Automotive, electric utility, EV, or data center experience a plus
For job positions in CA, CO, and NYC, the estimated salary range for a new hire in this position is $220,000.00 USD to $270,000.00 USD. Actual salary may vary depending on job-related factors, including knowledge, skills, experience, and location. In addition to a competitive base salary, discretionary target cash bonus, and restricted stock units (subject to Board Approval). EVgo offers a comprehensive benefits package including health, life, and disability insurance, unbounded paid time off including parental leave, and a 401(k).
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