Manager, Asset Management

About this role

What The Role Is

Reporting to the Senior Manager, Asset Management, the Manager, Asset Management will serve as a member of a team responsible for the commercial management of more than 4,000 MW of utility-scale wind and solar power projects located across 16 states. The Manager will maximize the value of existing assets, play a key role in growth initiatives, and mentor more junior team members.

This is a hybrid role located in our San Diego or Denver offices. If you don’t meet 100% of the qualifications below but believe you can contribute, please submit your resume.

What You'll Be Doing

P&L Management:

• Manage the P&L and cash position for all generating assets within the assigned portfolio.

• Review monthly operational performance and financial variance reports. Investigate and remedy any budget variances.

• Review gross margin performance and work with the energy data analytics group to explain variances driven by market conditions and develop strategies to maximize value.

• Develop annual project budgets and update monthly accrual and cash forecasts and financial models as needed.

• Perform financial analyses, project evaluations, and due diligence to make recommendations in support of plant optimization, performance improvement, warranty claims, insurance claims, and revenue recovery.

• Initiate and/or support major projects, divestitures, capital investments, refinances, and revenue-enhancement proposals.

• Negotiate and/or amend project company agreements to improve asset performance or mitigate risk.

Project Company Administration, Compliance, & Reporting:

• Ensure all project obligations and interests are successfully administered under project agreements and resolve any contractual issues with counterparties.

• Ensure general business-related licenses, permits, and regulatory requirements, reporting, and transactions with regional authorities, banks, governing bodies, and other external parties are successfully managed.

• Serve as the primary point of contact with PUCs, ISOs, city, county, and state authorities, and governing boards regarding assigned assets.

• Manage monthly lost output and guaranteed energy production status per applicable offtake requirements.

• Monitor and administer renewable energy credit obligations under various offtake contracts.

• Prepare reports and presentations for project stakeholders as required.

Project Integration:

• Support the development of information-sharing platforms and work-management systems, including populating them with historical records and archiving documents.

• Interface with business development, finance, and construction management teams to ensure smooth transition of projects into commercial operation.

What You'll Bring

• 5+ years of energy industry experience in project development, project administration, business administration, project management, asset management, contract administration, deal execution, project finance, or other commercial roles.

• Bachelor’s degree in Engineering, Finance, Business, Economics, or 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.

• 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.

• Excellent written and verbal communication skills, and the ability to convey complex issues clearly and concisely.

• Self-motivated, highly organized, and detail-oriented.

• Proficiency with Microsoft Office products, including Excel, PowerPoint, and Word.

What Would Be Nice

• An MBA is highly desirable.

• Experience working in the renewable energy industry is highly desirable.

• Business analytics skills are highly preferred.

Clearway will not sponsor non-immigrant visas for this position (H-1B, TN, E-3, etc.).

#LI-Hybrid The pay rate for the successful candidate will depend on geographic location, skills, relevant and demonstrated experience, education, training and certifications, and other factors permitted by law. This role is eligible to earn an annual cash bonus, subject to personal and company performance goals.

Salary Range Across all U.S. Locations $120,000 — $160,000 USD

Clearway Energy Group is leading the transition to a world powered by clean energy. Along with our public affiliate Clearway Energy, Inc., our portfolio comprises approximately 11.6 GW of gross generating capacity in 26 states, including 9.1 GW of wind, solar, and battery energy storage assets, and over 2.5 GW of conventional dispatchable power generation providing critical grid reliability services. As we develop a nationwide pipeline of new energy projects for the future, Clearway’s operating fleet generates enough reliable electricity to power more than 3 million homes today. Clearway Energy Group is headquartered in San Francisco with offices in Denver, Houston, Phoenix, Princeton, and San Diego. For more information, visit clearwayenergygroup.com.

Our Commitment to Diversity, Equity, & Inclusion Clearway Energy Group’s vision is a world powered by clean energy. Along with our public affiliate Clearway Energy, Inc., our portfolio comprises approximately 11.8 GW of gross generating capacity in 26 states, including 9.1 GW of wind, solar, and battery energy storage assets, and over 2.8 GW of flexible dispatchable power generation providing critical grid reliability services. As we develop a nationwide pipeline of new energy projects for the future, Clearway’s operating fleet generates enough reliable electricity to power more than 2 million homes today. Clearway Energy Group is headquartered in San Francisco with offices in Denver, Houston, Phoenix, Princeton, and San Diego. For more information, visit clearwayenergygroup.com.

Working at Clearway,

Similar jobs

• Manager, Asset Management — Clearwayjobs · San Diego, California, United States
• Manager, Fund Asset Allocation and Analysis — Point72 · Stamford, CT
• Acquisition and Asset Manager — Accenturefederalservices · Washington, DC
• Fixed Asset Manager — Fluidstack · San Francisco, CA
• IT Asset Manager — Astspacemobile · Midland, Texas, United States
• Senior Program Manager - Asset, Inventory & Logistics Operations — Graphcore · Austin, Texas, United States
• Manager, Investment — Mediabrands · New York, New York, United States
• Global Enterprise Asset & Maintenance Manager — Fluidstack · Remote