Asset Manager [Hybrid]

EDF power solutions • San Diego, CA

3d • $95,200 - $158,700 • Hybrid

About The Position

EDF Renewables North America has been providing clean energy solutions throughout the U.S., Canada, and Mexico since 1987. We are a market-leading independent power producer and service provider, serving utilities, corporations, industries, communities, institutions, and investors with reliable, low-carbon energy solutions that help meet growing demand. From developing and building scalable wind (onshore and offshore), solar, storage (battery and pumped storage hydro), smart EV charging, microgrids, green hydrogen, and transmission projects, to maximizing performance and profitability through skilled operations and maintenance and innovative asset optimization, our teams deliver expert solutions along the entire value chain—from origination to commercial operation. Be a part of an innovative and collaborative team environment that fosters our goal of delivering renewable solutions to lead the transition to a sustainable energy future.

Requirements

• Four-year degree and a minimum of 4 -6 years of applicable working experience preferred, or an equivalent combination of education and work experience.
• Requires understanding of contracts’ structures as well as previous exposure to renewable energy project management.
• Prior experience with operations, asset management, project management or energy markets preferred.
• Adaptability to changing market conditions and ability to solve complex problems that may arise during operations of an asset.
• Understanding how regional ISOs, RTOs and bilateral markets operate.

Nice To Haves

• Advanced degree (MS or MBA), or certifications (Asset Management Certification, PMP, Lean Six Sigma etc.) are all pluses.

Responsibilities

• Manage GAAP and IFRS EBITDAs for each assigned asset which amongst other things include developing and monitoring annual budgets, cash flow oversight and analysis; compliance with supporting financial instruments such as Corporate Guarantees and Letters of Credit. Adhere to RCSRs and DCSRs governance, including associated notifications and protocols to assure project bills get paid.
• Closely monitor operational and financial performance of the assets while driving towards meeting and beating annual performance metrics to deliver the highest returns. Engage internal and external SMEs to help in identifying financial, commercial, and operational risks so the appropriate actions can be taken to mitigate them or escalate to management if necessary. Understand how energy markets operate and how generation is monetized, i.e., PPAs, hedges, organized markets, capacity payments, bilateral agreements, RECs, FTRs, CRRs. Works closely with AO Portfolio Management team responsible for internal and external lifelong IRR targets as well as Valuations and Analytics team to mitigate energy market risks.
• Proficient in deciphering contracts' language and recognizing need when legal support is required (i.e., LLCAs, ECCAs, PPAs, IAs) to reduction or mitigation of project risks and contractual compliance. Seeks to understand applicable local, state, regional and federal laws associated with the project and the environment of the energy industry. i.e. FERC, NERC, ISOs, EPA, etc. Ensure the completion of all compliance obligations pursuant to contract requirements and regulatory agencies (including EIA, CEC, FERC) in timely fashion.
• Has the technical foundation of harnessing energy resources, principles of grid operations, interconnection systems, and methods of grid integration of the renewable energy assets. Engages Subject Matter Experts in resolving technical issues to help in making competent commercial decisions. Understands corrective and preventive Operation & Maintenance (O&M) practices at the project site while focusing on maximizing assets availability and identifying sources of underperformance without jeopardizing the importance of Safety.
• Owns collaborative relationship building with internal and external stakeholders to optimize project performance and deliver on project compliance. Continuously develops and improves negotiation skills to navigate conflicts, find common grounds, deliver on projects’ contractual obligations and investors’ returns.
• Supports the organization with variety of activities including participating in improvement initiatives to deliver on the success of the region, the business unit and EDFR.

Benefits

• Competitive bonus incentives. This position is eligible for our annual bonus program.
• Comprehensive health coverage. We provide low-cost health & wellness coverage for employees and their eligible dependents.
• Rewarding 401k. We provide a generous matching contribution.
• Favorable paid time off programs, including paid parental leave after one year of service.
• Rewarding learning & career development and advancement opportunities.
• Supportive mentorship & buddy programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level