The Asset Management group is focused on protecting and enhancing the value of assets while maintaining compliance with contractual commitments, market rules, environmental regulations, and applicable permits, laws, and ordinances. The focus of an Asset Manager ensuring that each asset's financial interests, capabilities, and commitments are factored into decision making by internal and external stakeholders. A typical Asset Manager will have responsibility for 7 to 10 assets, typically concentrated in multiple markets. Asset Managers work closely with a wide range of internal departments that perform the day-to-day operation and financial optimization of the assets, including Operations, Energy Management, Generation Control Systems, the National Control Center, Origination, Market Structure, Engineering, Permitting, Development and Construction. Asset Managers also interface heavily with support groups such as Accounting, Settlements, Risk Management, Legal, and Credit. Asset Managers also engage with external stakeholders, including customers, landowners, regulators and RTOs/ISOs.
Delivering presentations and concepts in a clear and concise manner to senior management and various other internal and external stakeholders.
Independently managing complex issues and transactions, including the review and challenge of new PPA terms and amendments, landowner issue resolution, and the coordination of high-risk environmental and permitting issues.
Playing a strong role in litigation activity, the financial analysis of ongoing operations including cost-benefit analysis, and the development of asset bidding strategies.
Anticipating the impact of changes in market rules and regulations on an ongoing basis and proactively managing risk with appropriate stakeholders.
Managing communication with counterparties with respect to compliance requirements stated in contracts or proposed contract amendments.
Ensuring contractual compliance with Power Purchase Agreements, environmental directives, and RTO/ISO requirements are being fulfilled in a timely and accurate manner.
Analyzing revenue impacts and pursuing financial recovery opportunities associated with outages, turbine warranty agreements, and capital improvements.
Coordinating certain activities related to sites under construction, including test energy production, substantial completion milestones, and commercial operation declaration.
Monitoring and reporting on asset specific financials at the EBITDA level.
Contributing information and support for various activities related to assets in operation, including new commercial transactions, operational improvement initiatives, merger and acquisition activity, legal issues, or significant market rule changes in regional transmission organizations.
Skills and Requirements
5+ years of successful U.S. energy industry experience in any of the following areas or in other similar and applicable areas: Asset Management, Development, Origination, Construction, Operations, Energy Management, Risk, Accounting or Finance. The company may consider a candidate with less experience at a lower level.
Bachelor's degree or the equivalent combination of education and experience.
Excellent project management skills coupled with organization, flexibility, and strong attention to detail.
Strong ability to review and analyze financial and technical data.
Strong proficiency with Microsoft Office (Excel, Word, PowerPoint and Outlook).
Experience working with renewable energy.
Experience in WECC and/or ERCOT markets
Candidates with international work experience or experience working in a global organization.
An advanced degree.
Additional Success factors
Ability to navigate and succeed in a highly matrixed reporting structure, preferably at an international company.
Self-starter with demonstrated performance leading initiatives and building consensus at all levels of a matrixed global organization.
Ability to foster and participate in a productive team environment by establishing and maintaining effective working relationships with co-workers, managers, customers, contractors, and vendors
Ability to efficiently manage multiple, concurrent, time-sensitive projects and priorities.
Effectively provides and receives information orally in individual and group situations. Written expression is clear, concise, and conveys the desired message.
Develop Self & Others
Empower to grow
Collaborate and Share
Be a role model
Focus to achieve results
AVANGRID employees may be assigned a system emergency role and in the event of a system emergency, may be required to work outside of their regular schedule/job duties.
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