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Director - Asset Management Renewable Power

Job Title: Director - Asset Management Renewable Power
Contract Type: Permanent
Location: Dublin, Republic of Ireland
Industry:
Salary: Negotiable
Start Date: ASAP
Duration: Permanent
REF: BBBH24618
Contact Name: Sally Woods
Contact Email: swoods@allen-york.com
Job Published: 27 days ago

Our client provides investors with Private Real Estate Debt & Equity, Real Estate Securities and Infrastructure Debt & Equity via funds, co-investments and managed accounts, and currently has over $20 billion in invested and committed Real Estate and Infrastructure assets and capital.

They require a Director to join the Renewable Power Group to lead the Asset Management function globally.

Responsibilities

The objective of the Asset Management function is to deliver to the funds and Portfolio Managers optimum operational and financial performance and value from our rapidly growing portfolio of operating renewable assets (wind and solar PV projects across the world.)

  • Establish and grow the Asset Management team
  • Management, analysis and communication of the commercial performance of assets
  • Optimize project performance and value - this will be initially focused on a subset of assets which need particular focus and Special Projects
  • Particular specialist focus on commercial and contractual management
  • Mentoring and close collaboration with colleagues within the Technical and Financial Operations groups
  • Collaboration with the transactions teams to ensure joint accountability and a smooth transition of projects.
  • Establish and grow the Asset Management team
  • Commercial management of operating assets with a particular focus on key assets with particular opportunities
  • Understanding the economic, commercial and reputational drivers of our investments in order to identify risks and opportunities - implementation of solutions to mitigate risk, improve returns and create value.
  • Tracking and communicating project performance and periodic Asset Reviews and planning
  • Project contract management (O&M, 3rd Party Asset Management, Facility Agreement) and management of any contract claims
  • Power sales management (PPAs, hedging)
  • Assist with Project Insurance issues
  • Oversight of Local Asset Managers and other service providers
  • Development of Asset Management processes and procedures to facilitate growth
  • Assist in annual budget setting process
  • Provide diligence feedback related to the commercial asset management arrangements for prospective investments.
  • Maintain key commercial data from operating assets to enhance future assumptions / budgeting as well as elevate the overall institutional market intelligence.
  • Further development of the RPG strategic approach to operations management of assets to maximize project performance
  • Written and oral reporting both internally to the Team and Senior Management as well as externally to existing and prospective Limited Partners.
  • Lead member of the Operations Committee
  • Assist in fundraising
  • Participate in the preparation for and ultimate disposition of existing assets.

Requirements

  • Deep understanding and experience in commercial and contractual management of operating power assets, renewable power.
  • Preferably also a depth of understanding of financial and technical operations management
  • Highly rated in their career to date (at least 10 years in the power generation industry)
  • Strong team builder
  • Strong academic background in Business Management, Engineering or Finance. Excellent numerical and analytical skills.
  • Able to manage workload autonomously and effectively
  • Enthusiasm and commitment to working in a friendly, entrepreneurial, collaborative team environment
  • Strong self-learning skills and comfortable with autonomy - inquisitive, detail-oriented, self-motivated, flexible
  • Excellent written and oral communication skills
  • The role involves extensive travel to sites and operations organizations
  • Significant investment exposure on prestige projects
  • Experienced senior technical and commercial teams with strong team values and excellent learning and development opportunities
  • Strong brand in the infrastructure, renewable energy and fund management industry