Posted 2w ago

VP, Asset Management

@ Urban Grid
Houston, Texas, United States
HybridFull Time
Responsibilities:Develop strategies, Collaborate teams, Monitor performance
Requirements Summary:Bachelor’s degree in engineering or finance; 10+ years solar asset management; leadership, analytics, communication; experience with solar/storage assets.
Technical Tools Mentioned:Microsoft Excel, Office Suite
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Job Description

Urban Grid is a leading independent power producer (IPP) delivering reliable, utility-scale solar and storage solutions to help meet America’s unprecedented energy demand. We develop, own and operate projects that strengthen local economies through long-term partnerships and responsible land stewardship. By integrating agrivoltaics into our land management practices, we enhance soil health, support local farmers and benefit the communities we serve.

With a strong focus on execution and integrity, we are committed to being a trusted domestic energy provider and responsible corporate citizen. Urban Grid is headquartered in Houston, Texas, and operates across the United States with a growing portfolio that includes 12,000 megawatts of development assets.  We continue to maintain our optionality to co-locate with battery storage based on customer demand, ensuring flexibility and responsiveness in our energy solutions.

Since becoming an IPP in 2023, we have successfully brought five solar projects online, begun construction on three additional projects and are actively advancing one gigawatt of capacity into pre-construction. To learn more, please visit www.UrbanGridSolar.com.

Urban Grid is a portfolio company of Brookfield. one of the world’s largest owners and operators of renewable power and climate transition assets.

Job Summary

As the Vice President, Asset Management, you will lead a team that is responsible and accountable for the safe and reliable operations of the companies operating assets. The Vice President of Asset Management will be responsible for overseeing the management of solar and storage assets and ensuring their optimal performance, efficiency, and profitability. This role involves collaborating with various teams including finance, development, construction, engineering, and legal to develop and implement effective strategies for managing and optimizing solar and storage assets. The Vice President of Asset Management will also be responsible for setting the strategy and overseeing the daily activities of the asset management team and ensuring compliance with all relevant regulations and industry best practices.

The position is Houston-based with travel as required estimated at 25%, and requires excellent communication, teamwork, report writing skills, attention to detail, the ability to manage and flex with multiple projects and schedules simultaneously, ability to shift priorities, meet deadlines, and develop good and maintain good relationship with both internal and external clients and drive to meet their needs.

Responsibilities

·         Develop and implement comprehensive strategies for managing and optimizing solar and storage assets, including safety, performance optimization, risk management, and financial management.

·         Collaborate with cross-functional teams, including finance, development, construction, engineering, M&A and legal, to ensure that solar and storage assets are being managed effectively and efficiently.

·         Oversee the daily activities of the asset management team, including asset performance monitoring, analysis, and reporting.

·         Ensure compliance with all relevant regulations and industry best practices, including safety regulations, environmental regulations, and financial regulations.

·         Develop and maintain strong relationships with key stakeholders, including investors, lenders, regulators and other relevant parties.

·         Implement a NERC compliance program for operating assets.

·         Coordinate with Development and construction to provide feedback on specifications, standards, and equipment selection based on performance of operating assets.

·         Originate O&M services (RFP to Contracting) for projects well in advance of COD.

·         Serve as contract holder and contract owner of O&M and Warranty agreements and manage the respective contractors to assure performance of scope.

·         Carry out all owner/seller tasks and responsibilities in the respective project contracts such as the PPA, ICA, O&M, and warranty agreements.

·         Develop and implement processes and procedures for identifying and mitigating risks associated with solar and storage assets.

·         Develop and implement financial models/tools and reporting for analyzing solar and storage asset performance, profitability, and valuation.

·         Monitor industry trends and developments to ensure that the company remains competitive and is able to capitalize on new opportunities.

Location: Houston, Texas (working 4 days in office and remotely on Fridays)