Director Asset Management- IPP

About the Company

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We are BayWa r.e. Americas Projects & Services, a leading developer of utility-scale renewable energy. We are also an in-house and third-party operations and services provider, offering 24/7/365 monitoring from our headquarters in Carlsbad, CA. Our team consists of 300 highly motivated experts across the United States and Mexico. Since first entering the North American market in 2014, we have brought over 1.5 GW online and are currently managing 2 GW of assets. Our development pipeline is currently 15GW in North America alone and continues to grow at an impressive pace.

Our mission is to deliver reliable and affordable energy across the Americas. We value long-term partnerships and actively collaborate with local communities and organizations to fund workforce development, support disaster relief efforts, and incorporate sustainability and biodiversity into our projects.

BayWa r.e. Americas Projects & Services is a subsidiary of BayWa r.e., a major player in renewable energy. BayWa r.e. has a global team of 5,400 members, operations in 34 countries, a development pipeline exceeding 30 GW, and over 10 GW in assets under management.

Our shareholders are BayWa AG, a $28.5 billion international group known for its diversified operations in agriculture, energy, and construction; and Energy Infrastructure Partners, a renowned leader in energy infrastructure investment managing over $7.5 billion from global investors.

About the Role

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BayWa r.e. Americas is seeking a Director, Asset Manager to join our IPP team. The Director, Asset Manager is responsible for overseeing the financial, maintenance and operational performance of a portfolio for our solar and wind farms under their respective Asset Management Agreements. This role combines strategic asset management, contract oversight, financial optimization, and stakeholder engagement to ensure the long-term success and profitability of renewable energy investments.

Responsibilities

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- The main overall responsibility is to ensure operating project earn as much revenue as possible.

- Develop market knowledge, becoming the resident expert in how the respective project’s electricity market is structured and how to optimize assets within that market, including real time and day ahead participation, REC sales, and ancillary product sales.

- Coordinate with Technical Asset Management and the ROCC to ensure smooth operations and optimal financial decisions regarding operating assets.

- Develop longer term off-take structures such as hedges and PPAs, in conjunction with the Commercial Team.

- Prepare and/or review financial results and explain major variances.

- Contract management of third-party commercial contracts as they relate to operations.

- Produce daily, monthly, annual and other reports as needed for a variety of audiences.

- Familiar with NERC / FERC reporting and compliance.

- Owner and investor reporting.

- Evaluation and transaction support for both acquisition and disposition of operating assets.

- Other related duties as assigned.

Qualifications

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- 4-year Degree in “B.A./B.S.”, or equivalent, graduate degree preferred.

- Minimum of seven years experience in the energy industry, with positions in Commercial Asset Management, Trading, Risk Management.

- Experience with tax equity transactions and related reporting requirements is preferred.

- Knowledge of multi-state and federal government regulatory requirements related to wind and solar development and operation.

- Good understanding of day ahead market and settlements.

- Experience in analyzing and monitoring programs.

- Knowledge of sources and utilization of publicly available weather data sets.

- Proficient knowledge of general solar/wind farm planning, construction and operation requirements.

- Excellent computer skills of MS Office (especially MS Excel, including the use of MS Basics and macro programming tools and MS Access, SQL database and query scripting, SCADA hardware and Software).

- Well-organized and structured.

- Detail and quality oriented, while managing multiple work tasks towards goals and deadlines.

- Strong professional, technical, communication and organizational skills.

- Ability to travel (air and land); position includes some travelling.

Required Skills

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- Strong analytical skills.

- Excellent communication skills.

- Ability to work collaboratively in a team environment.

Preferred Skills

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- Experience in renewable energy sector.

- Familiarity with financial modeling.

Pay range and compensation package

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- Total compensation package dependent upon a number of factors, including candidate’s professional experience, candidate’s skills, position’s seniority level, department’s hiring budget, and position’s location.

- The salary range for this role is 185,000-220,000. Competitive annual bonus target based on individual and company performance.

- Health and welfare benefits, including medical, dental, vision, life, pet insurance, short-term and long-term disability insurance plans. 401(k) retirement plan with 5% employer matching.

- Flexible work hours and remote first culture.

- Unlimited Paid Time Off policy for all Salaried, Full-time employees in the US.

- 8 weeks paid parental leave.

- Health and wellness benefit; up to $500 annually.

- Free language lessons.

- Educational reimbursement.

- Relocation assistance, as applicable. A diverse and inclusive global team with a strong culture focusing on employee health and wellbeing.

- The possibility to make a positive contribution to our planet and use your world class marketing knowledge to set new standards in Renewable Energy.

Equal Opportunity Statement

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At BayWa r.e. we are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates. We do not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, pregnancy, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.

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