Portfolio Management Analyst
About the role
AES Clean Energy (“AES CE”), a subsidiary of The AES Corporation, specializes in developing, owning, and operating utility scale PV solar projects, distributed generation PV solar projects, PV solar projects combined with battery energy storage systems (BESS), stand-alone battery energy storage projects and wind generation projects. AES CE currently has over 10 GW of solar, wind and storage projects in operation in the U.S., with an additional 4,500+ MW in construction, contracted or in development. With a business goal to grow our operating portfolio by 2-3GW a year, and a development pipeline to support achieving that goal, now is an amazing time to join the AES CE team as it continues its exponential growth.
Responsibilities
- Manage compliance of project transaction documents (PPAs, IAs, Lease, Finance, O&M, etc.) including delivering any reporting or otherwise defined contractual obligations
- Support resolution or mitigation of any major plant outages/equipment failures
- Collaborate with various teams to identify asset performance optimization opportunities
- Oversee project financial matters (P&L responsibility), prepare annual budgets, and continually track and explain variance to budget within assigned portfolios
- Process project invoices (telecom, utilities, property tax, etc.) for prompt payment and accurate project accounting
- Owner’s Representative tasked with managing AES Clean Energy’s interest in several project portfolios
- Be the subject matter expert on all compliance and commercial obligations pursuant to project governing documents and ensure strict compliance including Power Purchase Agreements, Hedge Agreements, Interconnection Agreements, land leases, Financing Agreements, and LLC Agreements
- Maintain the integrity and accuracy of data contained in AES Clean Energy’s renewable energy information system that tracks compliance and key project data by proactively reviewing and summarizing deliverables of contracts and other project documents
- Prepare recurring reports on project performance for internal and external parties and respond to inquiries
- Ensure the completion of all compliance obligations pursuant to contract requirements and regulatory agencies (including EIA, CEC, FERC) in timely fashion
- Identify opportunities to optimize the financial results while balancing risk through solid management decisions and/or innovative approaches
- Interface with origination, development, project execution, project finance, and construction management groups to ensure smooth and timely transition of projects into commercial operation, as appropriate
- Manage day-to-day stakeholder relationships by developing and maintaining positive work relationships with local and state authorities, financing and investors partners, regulatory agencies, landowners, and other entities
- Manage and resolve any contractual, regulatory, and commercial issues as they arise
Desired Experience and Skills
- 0–2 years of relevant energy industry experience (direct or indirect)
- Exceptional organizational, decision-making/problem-solving, analytical and time management skills
- Detail-oriented and self-motivated with strong communication skills
- Strong learning skills with aptitude to independently research, understand, and implement knowledge in new areas
- Strong proficiency with MS Office tools and cloud-based document management systems
- Ability to organize and prioritize work, exercise creative thinking skills, and successfully manage relationships with colleagues and third parties
- Passion for renewable energy industry and the ability to stay current with changing technologies, regulations, and trends influencing the continued adoption of renewable energy
Education
- BA/BS degree required
- Degree concentration in business, finance, accounting, economics, environmental studies, and/or other quantitative fields preferred
Working Conditions
Based in Louisville, CO. Travel will be required between offices and some travel to sites. Approximately 10% travel.
Compensation
The expected salary for this position, at commencement of employment, is between $71,000 and $85,850/year; however, base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position also includes annual bonus.
Benefits
- Medical, dental, and vision coverage
- Life insurance
- 401(k) eligibility
- Paid time off (including vacation, sick leave time, and parental leave)