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Renewable Energy Asset Manager
2 months ago
The Green Recruitment Company is seeking a highly skilled Renewable Energy Asset Manager to join our team. As a key member of our organization, you will be responsible for the management of investment in a renewable energy development platform company and assisting with the management of the current portfolio of projects.
Key Responsibilities- Manage and monitor the operational and financial performance of the renewable energy investments, including new development platform business.
- Coordinate and communicate with project partners, as well as global Asset Management Team on partnership, operational, financial, and legal matters.
- Identify and propose improvements in commercial contracts to enhance the value of investments.
- Seek to optimize assets within the existing portfolio and support asset development and acquisition opportunities.
- Lead the day-to-day activities and communications with joint venture partner and renewable energy developer, including management of platform budget compliance.
- Assess financial and operating risks associated with the power markets and power contracts.
- Support the development and negotiation of new business ventures/opportunities.
- Stay current with trends in the renewable energy sector and U.S. power markets.
- Support both routine and ad hoc financial reporting requests and recommendations for management on subsidiary financial performances.
- Recent asset management of wind, solar, and/or battery storage projects.
- Experience in the power industry with a solid understanding of the deregulated US power market fundamentals (energy, capacity, and ancillary services) as well as the financial derivative products commonly used in the markets to hedge project revenues.
- Understanding of finance/accounting/tax functions within a corporate environment.
- Experience with developing and monitoring budgets.
- Familiarity with business operations principles.
- 5-10 years of experience, including 5+ years in the power industry.
- Knowledge of US power markets and electricity trading practices, products, and principles are preferable, including negotiating offtake agreements.
- Understanding of financing, economic, and business concepts related to infrastructure, energy (power, oil, gas).
- Ability to quickly identify potential risks and think innovatively in rapidly changing environments.
- Expertise with Excel spreadsheet/modeling skills.