AES

Portfolio Asset Manager

US, Louisville, CO Full time

Are you ready to be part of a company that's not just talking about the future, but actively shaping it? Join The AES Corporation (NYSE: AES), a Fortune 500 company that's leading the charge in the global energy revolution. With operations spanning 14 countries, AES is committed to shaping a future through innovation and collaboration. Our dedication to innovation has earned us recognition as one of the Top Ten Best Workplaces for Innovators by Fast Company in 2022. And with our certification as a Great Place to Work, you can be confident that you're joining a company that values its people just as much as its groundbreaking ideas.

AES is proudly ranked #1 globally in renewable energy sales to corporations, and with $12.7B in revenues in 2023, we have the resources and expertise to make a significant impact as we provide electricity to 25 million customers worldwide. As the world moves towards a net-zero future, AES is committed to meeting the Paris Agreement's goals by 2050. Our innovative solutions, such as 24/7 carbon-free energy for data centers, are setting the pace for rapid, global decarbonization.

If you're ready to be part of a company that's not just adapting to change, but driving it, AES is the place for you. We're not just building a cleaner, more sustainable future - we're powering it. Apply now and energize your career with a true leader in the global energy transformation.

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.  

AES’s mission is to accelerate the future of energy, together We are a global, agile, cohesive organization with an employee engagement level akin to a startup company AES businesses throughout the world are often recognized as great places to work Our people share a passion to help meet the world’s current and increasing energy needs, while providing communities and countries the opportunity for economic growth due to the availability of reliable, affordable electric power.  

Safety First - Self-starter - Innovative Thinker - Driven by Excellence - Team Player  Accountable  

If these characteristics describe key elements of who you are as a person, we want you as part of our team on this next phase of our exciting journey!  

The AES CE Operations team is hiring an Asset Manager to manage complex asset portfolios in the renewable or energy field. The Portfolio Asset Manager will support coaching and development of peers and lead reporting, oversight, and coordination for a portfolio of renewable energy assets. The Asset Managers are critical in the operation of a large fleet of renewable and energy storage projects across the United States to ensure optimal financial performance of the company’s rapidly growing fleet.  Responsibilities will include project reporting and coordination of financial, commercial, compliance management and administrative tasks as well as coordination and oversight of the operations and maintenance of the assets.  

Principal Duties and Responsibilities: 

  • Oversee a portfolio of complex renewable energy assets  

  • Enhance and automate core processes and interaction with other teams within AES Clean Energy 

  • Owner’s Representative tasked with managing AES Clean Energy’s interest in several project portfolios  

  • Oversee project financial matters (P&L responsibility), prepare annual budgets and continually track and explain variance to budget, within assigned portfolios 

  • Support resolution or mitigation of any major plant outages as appropriate 

  • Collaborate with various teams to identify revenue increasing and risk mitigation opportunities 

 

Project Administration, Compliance & Stakeholder Management 

  • 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 complete 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: 

  • 2+ years of relevant energy industry experience 

  • Exceptional organizational, decision making/problem solving, analytical and time management skills. 

  • Detail-oriented and self-motivated with exceptional presentation and communication skills and ability to work with little supervision 

  • Strong learning skills with aptitude to independently research, understand, and implement knowledge in new areas 

  • Strong commercial mindset and demonstrates aptitude to support a high-performance organization that will deliver operational excellence and meet or exceed financial targets 

  • Proven ability to organize and prioritize work, creative thinker, and able to manage relationships with colleagues and contractors 

  • Strong understanding of project finance, legal contracts, accounting, and 

  • Proficiency in Microsoft Suite Office 

  • Able to demonstrate experience dealing successfully with peers, subordinates, senior management, and unaffiliated third parties 

  • Passion for renewable energy industry and demonstrates intimate knowledge of the renewable energy market, and the ability to stay current with changing technologies, regulations, and trends influencing the continued adoption of renewable energy. 

Education: 

  • BA/BS degree required with concentration in business, finance, accounting, economics, and/or other quantitative fields 

  • MBA or similar Masters degree preferred 

 

Working Conditions: 

 

  • Based in Louisville, CO 

  • Travel will be required between offices and some travel to sites. Approximately 10% travel.  

 

Compensation: 

 

  • Commensurate with experience; competitive. 

AES is an Equal Opportunity Employer who is committed to building strength and delivering long-term sustainability through diversity and inclusion. Respecting all backgrounds, differences and perspectives enables us to improve the lives of our people, customers, suppliers, contractors, and the communities in which we live and work. All qualified applicants will receive consideration for employment without regard to sex, sexual orientation, gender, gender identity and/or expression, race, national origin, ethnicity, age, religion, marital status, physical or mental disability, pregnancy, childbirth, or related medical condition, military or veteran status, or any other characteristic protected under applicable law. E-Verify Notice: AES will provide the Social Security Administration (SSA) and if necessary, the Department of Homeland Security (DHS) with information from each new employee's I-9 to confirm work authorization.

The expected salary for this position, at commencement of employment, is between $85,000 and $102,000/Annual; 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 may also include other elements such as annual bonus, in addition to a full range of medical, dental, vision, life, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if a candidate receives an offer of employment. If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.