VP, Renewable Energy Asset Operations

The Vice President, Renewable Energy Asset Operations will be responsible for managing, directing and operating over 1GW of utility-scale solar and battery energy storage assets located in California and ensuring corporate and ownership objectives are met.  The Vice President, Renewable Energy Asset Operations is accountable for protecting, maintaining, and enhancing the value of assigned assets to maximize the owners’ financial return and for the benefit of the communities in which those assets are located. This person will achieve results through direct supervision of both internal and third-party operations teams as well as collaboration with development, construction management, accounting, risk management, investments, and portfolio oversight departments to realize stated goals and objectives.  

ESSENTIAL FUNCTIONS:

• Primary responsibility is to direct and coordinate the various operational activities of the assigned assets, including the direction of the day-to-day activities of the operations teams in all aspects of asset management.  This shall include but not be limited to:
• Business Plan Execution – Work with the Portfolio Oversight and Investments teams to ensure the successful development and execution of the annual business plan.  Oversee the implementation of any major Capital Expenditures, project timelines, cost controls, budget review and approvals, as well as proactive management of any Power Purchase Agreements and Confirms, energy bidding strategies, and associated revenue generation initiatives to meet or exceed the business plan objectives.
• Leadership - Lead and manage strategy on all operations related contracts for solar+BESS projects (O&M, LTSA, land management, etc.) Provide both commercial and technical leadership on all aspects of asset management / asset operations.
• Financial Obligations – Overall responsibility for all financial functions including but not limited to budgeting, including creation and execution of operating budgets for operational assets; re-forecasting; and detailed variance reporting.  Expense monitoring and cost control implementation, revenue enhancement and overall asset profitability to meet or exceed budgeted Net Operating Income. 
• Revenues – Oversee the contracting program and energy bidding strategy for the assets and ensure that revenue goals are met or exceeded as outlined in the operating budget.  Oversee and ensure the timely invoicing to counterparties and collection of all invoiced charges; oversee A/P functions and ensure that all expenses are paid on-time; assist in the negotiation of Power Purchase Agreements and Confirms.
• Interdepartmental Collaboration - Collaborate with the Development & Construction team and manage asset transition from construction to operations in all aspects. Collaborate with the Investments and Development teams on diligence for potential acquisitions, operating budgets, plant life and cost optimization strategies.
• Risk Assessment – Analyze challenges to business plan initiatives; proactively communicate issues that may place the asset or results at risk; develop and execute improvement plans to address identified challenges.  Regularly monitor the asset for any defects to mitigate damage and/or insurance claims; oversee and direct the security program for the assets; oversee life/safety policies and procedures; ensure contractor and service provider safety protocols are implemented and adhered to; address all issues promptly to ensure a safe work environment.  Implement a comprehensive preventative and corrective maintenance program for the asset using third-party contractors and service providers; provide regular contractor and service provider training sessions on operational protocols.
• Site Visits – Conduct regular site visits and site inspections at under construction and operational project sites located in the Central Valley, California.
• Bidding Strategies – Evaluate and modify CAISO day-ahead, real-time, and ancillary services market bidding strategies to maximize merchant revenues and mitigate any associated risks. 
• Financial Deliverables – Manage and track deliverables in project tax equity and financing documents including certificates, reports, loan and interest payments, budgets, and calculations. Work with the investment, accounting, and legal teams in preparing and submitting all required deliverables.
• Compliance - Manage all asset related compliance including but not limited to FERC, NERC, Generator Owner, EIA, RTO, Interconnection Utility, Transmission Operator, WREGIS, WECC, CEC, etc.
• Contract Administration – Participate in bi-lateral contract negotiations for the sale of energy, renewable credits, capacity, and other products to various off-takers. Manage and track obligations in exist