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Terra-Gen, LLC · 3 weeks ago

Asset Management Analyst or Senior Asset Management Analyst

New York, NY

Full-time

Hybrid

Mid, Senior Level

2+ years exp

Terra-Gen, LLC is focused on managing and optimizing energy assets. The Asset Management Analyst is responsible for a wide range of activities including financial analysis, operational performance evaluation, compliance with regulatory requirements, and risk management related to energy assets.

EnergyRenewable EnergySolar

No H1B

Responsibilities

Support development and review of annual budgets for the project portfolios

Perform monthly variance analyses

Provide input and review of the pro-forma financial models for generation assets

Author reports on project performance for investors and lenders

Assist in cash flow forecasting and management

Perform financial analyses of offtakes to determine optimization opportunities

Develop other ad-hoc economic analyses as needed

Identify and implement opportunities to optimize projects and budgets

Provide support with partners, as applicable, including commercial, operational, and financial reporting and optimization

Develop analysis and reporting tools, dashboards, and KPIs using PowerBI or similar tools

Collaborate with the operations engineering team to evaluate and improve operational performance and quantitatively justify economics

Coordinate with project O&M staff and vendors for performance optimization

Participate in daily operation calls on assigned assets

Support commercial operations including net position management on energy, RECs, and resource adequacy

Ensure compliance with regulatory requirements and project agreements with high accuracy

Maintain compliance with obligations for: Power Purchase Agreements, Interconnection Agreements, Operating Agreements, Credit Agreements, Operations and Maintenance Agreements, Land Agreements, Warranty Agreements

Support internal and external stakeholders and Operations on all insurance claims including site visits and inspections, root cause analysis, and the calculation and negotiation of claim settlements

Qualification

Financial analysisRenewable energy experiencePowerBI proficiencyContract managementAnalytical skillsFinancial metrics knowledgeCross-functional collaborationMicrosoft Office proficiencyCommunication skillsProblem-solving skills

Required

Experience managing contracts and understanding market rules in any of CAISO, NYISO, ERCOT, MISO and PJM

Excellent analytical and critical thinking skills with the ability to identify and solve complex problems paired with strong written and verbal communication skills

Ability to drive collaboration with cross-functional teams

Experience with renewable energy assets financed through tax equity and debt structures

Demonstrated proficiency in Microsoft Excel, Word, Teams, PowerBI and PowerPoint

Experience with standard financial metrics and analyses (NPV, IRR, DCF models)

Approx. 10% Travel via airline and auto required to project sites and various corporate offices (NYC, San Diego, Reno), various stakeholders including offtakers, CEC, CAISO, ERCOT, major contractors/vendors, etc

Bachelor's degree in Business, Mathematics, Economics, Finance, or Engineering

At least 2 years of work experience in the California, Texas, and/or New York energy sector, preferably managing solar, wind, and/or battery assets

Experience onboarding of greenfield renewable and/or battery projects in California, Texas, and/or New York

Experience with various forms of offtakes including unit-contingent power purchase agreements (PPAs), fixed quantity swaps, contracts for differences, BESS tolling, Index Plus, and Virtual PPAs