Vice President of Asset Management

Opportunity

Adapture Renewables, Inc. is on a mission to be a leader in this new era of sustainable energy. Drawing upon an extensive knowledge base, we develop, finance, engineer, build, own, and operate high quality utility-scale photovoltaic projects and battery energy storage projects. Our Asset Management team is looking for a talented Vice President of Asset Management to help support the efforts of our fast-growing company. Adapture Renewables is owned by KIRKBI Climate – the private holding and investment company of the Kirk Kristiansen family founded to build a sustainable future for the LEGO® brand through generations.

Overview

The Head of Asset Management will lead the commercial and technical performance of the company’s operating renewable energy portfolio, which includes utility-scale solar and battery storage assets. This role is responsible for maximizing asset value, ensuring compliance with all contractual and regulatory requirements, improving fleet performance, and driving long-term operational strategy. The ideal candidate brings deep expertise in renewable energy asset management, strong commercial acumen, and a data-driven approach to optimizing performance.

Core Responsibilities Leadership & Strategy

- Build, scale, and manage a high-performing Asset Management organization (Commercial AM, Technical AM, Analytics, Compliance).

- Develop asset optimization strategies to maximize revenue, minimize downtime, and enhance operational efficiency.

- Lead annual portfolio planning, long-term strategic initiatives, and budgeting.

- Partner with Operations, O&M, OT/SCADA, Finance, and Construction to ensure seamless lifecycle performance.

Commercial Asset Management

- Oversee PPA management, market settlements, REC management, and financial performance reporting.

- Ensure compliance with all commercial agreements: PPAs, Interconnection Agreements, O&M contracts, LTSA, EMSAs, and vendor contracts.

- Lead monthly and quarterly reporting for investors, lenders, and internal stakeholders.

- Manage insurance claims and risk mitigation strategies.

Technical Asset Management

- Drive root cause analysis, performance engineering, loss analysis, and warranty management.

- Oversee performance KPIs, degradation tracking, benchmarking, and lifecycle modeling.

- Lead warranty enforcement and technical issue escalation with OEMs and service providers.

- Ensure fleet reliability through data-driven insights and cross-functional coordination.

Operational Oversight

- Work closely with O&M leadership to ensure proper execution of preventive and corrective maintenance.

- Coordinate with OT/SCADA teams on data quality, system availability, controls optimization, and event response.

- Contribute to NERC, RTO/ISO, and interconnection compliance activities.

Financial & Portfolio Management

- Own operating budgets, variance reporting, and long-term asset planning.

- Identify revenue enhancement and cost reduction opportunities.

- Support M&A activities through technical and commercial due diligence.

Qualifications and Experience

Required Qualifictions

- 10+ years of relevant experience in renewable energy, asset management, operations, or project finance.

- Demonstrated leadership experience managing teams and cross-functional stakeholders.

- Strong understanding of PPAs, market operations, financial modeling, O&M strategies, and regulatory frameworks.

- Technical knowledge of utility-scale solar and/or battery storage performance drivers.

- Experience managing outsourced service providers and OEMs.

- Excellent communication skills with ability to interface with lenders, investors, and executive leadership.

- Strong analytical, problem-solving, and organizational skills.

- Demonstrated track record managing and growing a team and improving processes and systems to support portfolio growth.

- Experience with the Power Factors software platform

Preferred Qualifications

- Experience with hybrid renewable + storage facilities.

- Familiarity with ISO/RTO markets such as CAISO, ERCOT, PJM, or MISO.

- Prior involvement with SCADA systems, performance analytics tools, and operational technology.

- MBA or advanced degree in engineering, business, finance, or a related field.

Key Performance Indicators

- Portfolio availability and performance ratio improvement.

- Delivery of accurate and timely financial/operational reporting.

- Compliance performance (PPA, IA, ISO/NERC).

- Warranty recovery success rate.

- EBITDA uplift and cost control against budget.

- Team development and retention.

Benefits Package

- 401(k) plan with company matching contribution

- Competitive health, vision, and dental benefits

- Attractive personal time off and company holiday package

- Work-from-home policy

- Salary commensurate with experience

Note

Qualified candidates only. Adapture Renewables, Inc. is committed to equal employment opportunity.