The base salary for this position is dependent upon experience and location.
Location: Portland, Oregon
Salary Range: $128,833.00 to $161,042.00
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.
This position plays a pivotal role in ensuring the financial goals of Avangrid Renewables’ portfolio of assigned regional assets and contracts are met and operational performance is optimized to ensure achievement of the company’s earnings objectives.
The focus of this position is ensuring that each asset in the assigned region’s financial interests, capabilities, and commitments are factored into decision making by internal and external stakeholders. This position will have complete management responsibility for about 20-40 assets in the assigned region, some in a direct asset management role and others in a supervisory role, through the management of the Asset Managers on their regional team.
Position Description
Works 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. Interfaces heavily with support groups such as Accounting, Settlements, Risk Management, Legal, and Credit. Engages with external stakeholders, including customers, landowners, regulators and RTOs/ISOs.
Key Responsibilities
- Manages a team of 2-3 FTEs and has accountability for the performance and results of the team and the approximately 25-40 operating assets managed by the team. 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.
- Directs strategy around complex issues and transactions for all assets within their region, including the review and challenge of new PPA terms and amendments, landowner issue resolution, and the coordination of high-risk environmental and permitting issues.
- Adapts regional plans and priorities to address resource and operational challenges within the region.
- Ensures asset interests are protected during litigation activity, the financial analysis of ongoing operations including cost-benefit analysis, and the development of asset bidding strategies.
- Anticipates impact of changes in market rules and regulations on an ongoing basis and proactively managing risk with appropriate stakeholders.
- Manages communication with counterparties with respect to compliance requirements stated in contracts or proposed contract amendments.
- Coordinates with appropriate stakeholders to ensure compliance with lease agreements, environmental directives, and RTO/ISO requirements in a timely and accurate manner.
- Oversees and performs operational analyses such as revenue impacts and pursuing financial recovery opportunities associated with outages, turbine warranty agreements, and capital improvements.
- Ensures asset interests are protected relevant activities related to sites under construction, including test energy production, substantial completion milestones, and commercial operation declaration.
- Delivers presentations in a clear and concise manner to senior management and various other internal and external stakeholders.
Additional Responsibilities
- Represent Asset Management in various ad-hoc or project-based 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.
- Contributes 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.
- Leads business process improvement projects to further support and enable efficiency gains throughout the scope of responsibilities and tasks of asset management.
- As assigned, serves as Asset Management lead for various cross-functional strategic initiatives.
Required Qualifications
- Direct renewable energy Asset Management experience in the related assigned regional power market(s).
- 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.
- 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.
- Self-starter with demonstrated performance leading initiatives and building consensus at all levels of a matrixed global organization.
- Strong proficiency with Microsoft Office (Excel, Word, PowerPoint and Outlook).
Preferred Qualifications
- Candidates with international work experience or experience working in a global organization.
- An advanced degree.
Additional Success Factors
- Ability to foster a productive team environment by establishing and maintaining effective working relationships with direct reports, 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.
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.
Mobility Information
Please note that any applicant who is not a citizen of the country of the vacancy will be subject to compliance with the applicable immigration requirements to legally work in that country
AVANGRID’s employment practices and policies are geared to hiring a diverse workforce and sustaining an inclusive culture. At AVANGRID we provide fair and equal employment and advancement opportunities for all employees and candidates regardless of race, color, religion, national origin, gender, sexual orientation, age, marital status, disability, protected veteran status or any other status protected by federal, state, or local law. If you are an individual with a disability or a disabled veteran who is unable to use our online tool to search for or to apply for jobs, you may request a reasonable accommodation by contacting our People and Organization department at careers@avangrid.com
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. This is applicable to employees that will work in Connecticut, Maine, Massachusetts, and New York within AVANGRD Network and Corporate functions. This does not include those that will work for Avangrid Renewables
Job Posting End Date:
March-31-2025