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Renewable Energy Asset Manager

2 months ago


Houston, Texas, United States The Green Recruitment Company Full time
Job Summary

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.
Requirements
  • 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.