About Encore Renewable Energy
Encore Renewable Energy is a leading integrated clean energy services company headquartered in Burlington, Vermont, focused on developing, building, owning and operating sustainable, high return community-scale solar PV systems, large scale energy storage applications and 21st century solutions for the redevelopment of underutilized property.
Encore is a dynamic, high-growth, team-oriented, entrepreneurial company. We are a group of colleagues committed to the triple bottom line of people, planet, profit, and are willing to take on responsibilities outside of our comfort zone. We hope you are too!
Encore Renewable Energy seeks a VP of Asset Management, leading all aspects of the Technical Asset Management (TAM) team, while aligning with Encore’s Engineering and Finance teams. The VP of Asset Management will play a key leadership role as the company scales its operating portfolio.
The position is responsible for maximizing the long-term value, performance and reliability of the company’s operating renewable energy portfolio. This role owns the strategy, execution and continuous improvement of asset management functions across safety, availability, energy production, financial performance, compliance, and reporting requirements.
The VP of Asset Management serves as the internal owner of operating assets from Commercial Operation through end of life, ensuring assets perform in-line with pro-forma expectations while identifying opportunities to improve returns. This role is critical to enhancing asset value, ensuring investor confidence, and feeding operational lessons back into project design and development.
This role will report to the CEO of the company.
Your Responsibilities
Team Leadership & Organizational Development
Build, lead and scale the Asset Management team to support a growing portfolio
Develop Asset Management focused policies, procedures and controls
Provide leadership to current team, establishing clear roles, responsibilities, and pathways for career growth and opportunities
Support the company culture while fostering accountability, data driven decision making and continuous improvement
Cross functional Leadership
Act as primary interface between Business Development, Project Development, Engineering/Construction, Financial Asset Management, and C-Suite teams
Collaborate with cross-functional teams to enhance data-driven decision-making, maximize asset performance, help evaluate acquisition opportunities and ensure regulatory compliance
Provide operational feedback to engineering and development teams to improve future project performance
Act as a supporting technical interface with financing partners
Portfolio Performance and Optimization
Development of Encore’s long-term system architecture for asset data integration, monitoring, analytics and visualization.
Define scalable processes for performance analytics, root cause analysis, loss assessment, benchmarking and corrective action planning of operating projectsEstablish and own standardized, repeatable, and auditable operational reporting across the portfolio
Transform raw performance data into clear executive-level and asset-level insights, highlighting risks, trends, and corrective actionsDrive continuous improvement initiatives to increase production and reduce losses (availability, curtailment, soiling, snow, shading, equipment issues, etc.)
Oversee warranty and performance guarantees
Oversee DAS and SCADA provider platforms ensuring data accuracy, reliability and usabilityEstablish best practices for performance reporting to stakeholders
Establish best practices for BESS performance monitoring, diagnostics and reporting (dispatch analytics, merchant/ISO regulated service performance, capacity/degradation testing and tracking, and cycle analysis)
Financial & Commercial Oversight
Partner with Financial Asset Management on project operating budgets and forecasts
Monitor operational drivers of actuals vs budgeted and support clear, technically grounded explanations to financiers and stakeholdersImplement value added O&M strategies and incentives to increase energy production
Support compliance with PPA and offtake agreements, including meter validation and operational requirements
Assist Financial Asset Management and Finance with asset valuation, audits lender reporting and technical due diligence
Asset Lifestyle Management
Develop and own the project on-boarding process at energization, ensuring proper handoff from Engineering and Construction to Asset Management
Manage assets from energization through end-of-lifeDevelop long term maintenance strategies, including transformer DGA analysis plan, inverter replacement plans, repowering and project life extension options
Develop processes and controls for asset documentation, technical records and data integrityWork with team to develop a spare parts plan and implementation
Risk, Compliance and Governance
Ensure compliance with offtake contracts, IA’s, permits, warranties, and regulatory requirements
Oversee environmental, safety and operational risk management strategiesServe as the primary operational owner of insurance matters associated with the operating asset portfolio
Provide technical and operational input into the placement, renewal, and structuring of project-level insurance programs
Your Areas of Knowledge and Expertise
15+ years in the renewable energy industry.
10+ years of direct experience in a commercial power generation asset management role.
Prior leadership experience, managing teams and cross-functional stakeholders.
Strong technical understanding of Solar PV and Battery Energy Storage systems
Experience with data collection systems, SCADA, monitoring, monthly reporting and operation and maintenance functions.
Experience managing operating portfolios, energy performance, operating budgets, financial performance and lender requirements
Understanding weather-adjusted vs actual/measured performance and how best to identify causes of deviation and communicate underperformance to external stakeholders
Experience with Salesforce or other CMMS software
Detail-oriented, strong analytical, communication and presentation skillsCommitment to personal learning, growth and development
Life at Encore
Our team is our single greatest asset and that of which we are most proud. Encore team members share a single mission – building the clean energy economy of the future in a responsible manner that creates high quality jobs and enhances the communities in which our projects operate.
We invest heavily in our team – here are a few of the perks and benefits we offer:
● Complete, high quality medical benefits that include flex time options for child and family care and extended parental leave
● 100% of health-care premiums funded by Encore
● Work-life balance with flexible work schedules (remote work opportunities) and attractive paid-time off policy
● 11 paid holidays (includes 1 floating holiday of employee’s choice)
● One paid volunteer day each fiscal quarter
● 401k profit sharing
● Employee equity participation program
● Continuing education and tuition assistance
Justice, Diversity, Equity, Inclusion
Encore believes that an equitable and inclusive work environment, and a diverse, empowered team are key to achieving our mission. We are not looking for candidates who are “culture fits.” We are looking for candidates who can expand our culture, challenge business as usual, and bring their whole selves to work. We strive to provide all candidates with an equitable and accessible recruitment process.
Encore provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, sexual orientation, gender identity or expression, veteran status, or genetics. In addition to federal law requirements, Encore complies with applicable state and local laws governing nondiscrimination in employment in every location in which Encore has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
Don’t meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. If you’re excited about this role but your experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate.
