Associate, Asset Management
Pattern Energy · Houston, TX · 2 days ago
HybridOTHRFull-time
About the Company
Pattern Energy is an independent, fully integrated energy company that develops, constructs, owns, and operates renewable energy projects and transmission assets across North America, Canada, and parts of Latin America. The company focuses primarily on wind and transmission, with limited investments in other generation technologies. Pattern Energy operates in the United States and Canada, with offices in San Francisco, Houston, San Diego, New York, and Toronto. The corporate headquarters are in San Francisco.
Responsibilities
- Contract Management & Compliance
- Review and ensure compliance with key commercial contracts for operating assets and review development project agreements.
- Populate and manage the ongoing maintenance of the compliance database for operating assets by ensuring periodic updates, compliance assessments, and compliance implementation.
- Provide business services for operating assets, including interfacing with Pattern insurance, tax, legal, accounts payable, finance, IT, procurement, etc.
- Support the regulatory compliance function, including assisting with the submission of filings to regulatory agencies (FERC, EIA, PUC, etc.) and understanding the implication of regulations on the business.
- Research and understand ISO market rules impacting operational assets, assess new or changing market design regulations, and disseminate findings to relevant parties within Asset Management/Operations.
- Financial Analysis, Budgeting & Reporting
- Provide financial planning and analytics for Asset Management/Operations, including monthly analysis of revenue impacts, operating expenses, plant improvements, contract amendments, and other business-related impacts.
- Collaborate in the annual budget preparation process, including incorporating inputs and standardizing budget assumptions across the fleet.
- Participate in periodic budget reviews to update budgets and identify areas for optimization and cost savings.
- Prepare summaries of fleet budgets and actual spending that align with accounting records to enable tracking and comparing of historical results.
- Support Asset Management/Operations reporting activities including Executive Management reviews, monthly project reports, and other reporting activities as required.
- Operations Transition
- Support the commercial transition from Development/Construction to Operations for new projects.
- Participate in Asset Management/Operations group start-up activities of new projects including pre-COD mobilization, commercial contract administration, regulatory, and ISO compliance.
- Populate the compliance database for new project implementation.
- Special Projects
- Assist Asset Managers in special projects.
Requirements
- Educational Experience
- A bachelor’s degree in business, engineering, or a related field is required. MBA preferred.
- Work Experience
- Three years of experience in the commercial development or management of energy assets.
- Additional Requirements
- Strong communication and interpersonal skills.
- Strong motivation and ability to work with little supervision or guidance.
- Strong learning skills and the ability to independently research, understand, and implement knowledge in new areas.
- Ability to work seamlessly across a wide range of disciplines both within and outside the group and the company to achieve project objectives.
- Ability to read, understand, and implement legal contracts.
- Ability to understand technical operational matters and translate them to commercial and financial analyses and decision making.
- Understanding of power market operations inside and outside of organized markets.
- Ability to travel (up to 15%).
Skills
- Proficient in Microsoft Office suite.