Manager, Asset Management

What The Role Is

Reporting to the Director of Asset Management, the Manager will be responsible for financial and commercial management of distributed and community solar projects located across the United States.  Asset Management serves as the owner’s representative ensuring that budget control, value optimization, and risk mitigation are performed during the entire operational lifecycle of a project. The Manager of Asset Management will work to maximize the value of assets and manage compliance with project agreements and incentive programs. The Manager will work closely with internal Clearway teams, build trusted relationships with financial partners, and provide coaching and mentoring to staff members.

• Denver/Scottsdale/Houston [$120,000 - $127,000]

If you don’t meet 100% of the qualifications but see yourself contributing, please submit your resume.  

What You'll Be Doing

Due Diligence on New Project Investments:

• Support project evaluations, project agreements, contract reviews, and due diligence to help make recommendations in support of acquisitions, divestitures, and/or investments in company-developed projects.

P&L Management:

• Provide P&L analysis and economic performance for generating assets within the assigned portfolio.
• Perform financial analyses, project evaluations, and due diligence to help make recommendations in support of plant optimization, recovery plans, revenue enhancement, and other major capital investments.
• Analyze, track, and update budgets, forecasts, and financial models.
• Monitor monthly performance and variance reports; investigate and address observed deviations.
• Investigate any major plant outages and influence resolution or minimization of outages.
• Review gross margin performance and work with the energy management group to explain variances due to market conditions.
• Extract generation data from external & internal sources as needed to support various reporting needs.
• Ensure asset financial models are updated, as needed.

Commercial Management, Compliance, & Reporting:

• Ensure all project obligations and interests are successfully administered under project agreements and resolve any contractual issues with counterparties.
• Manage Operations & Maintenance (O&M) providers, ensuring adherence to O&M agreements.
• Ensure general business-related licenses, permit and regulatory requirements, reporting, and transactions with regional authorities, banks, governing and other external parties are successfully managed.
• Establish trusted relationships with customers, partners, or joint asset owners, ISOs, and regulatory agencies.
• Manage commercial issues and associated strategies for resolution with counterparties, including mediation or litigation.
• Lead root cause analysis efforts for underperforming assets, collaborate with technical teams to address the issues
• Negotiate or amend contracts to improve asset performance and mitigate risk.
• Manage monthly lost output and guaranteed energy production status per applicable offtake requirements.
• Prepare reports and presentations for project stakeholders as required.
• Conduct remote monitoring of solar projects via online data acquisition systems

Community & Project Stakeholder Engagement:

• Form positive relationships with external stakeholders including customers, partners, landowners, etc.
• Identify project-related opportunities for charitable giving to foster community goodwill.

What You'll Bring

• 5+ years of energy industry experience in asset management, project administration, business administration, project management, contract administration, project finance, or other commercial role
• Bachelor’s degree in Engineering, Finance, Business, Economics, or a related field.
• Strong business and financial savvy with the ability to support a high-performance organization that will deliver operational excellence and meet or exceed financial targets.
• A strong grasp of technical Wind and Solar project details; ability to effectively collaborate with operational and technical teams.
• Ability to perform well under pressure on teams in a demanding environment and occasionally work extended hours to meet project deadlines.
• Ability to think creatively, manage competing priorities, work independently, and pay attention to detail.
• Ability to meet and communicate effectively with various Customers, off-takers, and Investors.
• Excellent written and verbal communication skills and an ability to communicate complex issues in a clear, concise m