About Arevon
Headquartered in Scottsdale, Ariz., and New York City, Arevon Energy, Inc. is a leading independent producer of utility-scale renewable power across the United States. The company has around 4 GW of solar and energy storage projects in operation and under construction, representing $4 billion of investment, and a 5 GW pipeline. With a team of more than 200 people and a strong investor base, Arevon is growing rapidly through both development and M&A activities. Arevon also leverage decades of experience to provide asset management services to other clean energy owners. The company is backed by institutional investors that together manage more than $1 trillion in assets and have a strong focus on sustainability investments. Arevon is powering the energy transition.
Diversity, equity, and inclusion are central to everything we do. Arevon thrives on and celebrates different views, beliefs, and values. We are committed to our talented team and partners, regardless of background or affiliation, and to actively promoting diversity, equity, and inclusion throughout our business. We strive to be a place where you can be you and bring yourself to work.
Arevon is an Equal Opportunity Employer committed to diversity, equity and inclusion in the workplace. Qualified applicants will receive consideration for employment without regard to race, color, national origin, gender, gender identity, gender expression, age, religion, mental or physical disability, sexual orientation, genetic information, veteran or marital status, or any other legally protected category.
The Position
Arevon is recruiting for the position of Senior Associate, Asset Management, an outstanding opportunity for individuals seeking an exciting, high-growth work environment in one of the most important industries for the 21st century. Our company culture is one where teamwork, adaptability, continuous improvement, achievement of results, and willingness to grow are our core values. The successful candidate will have a superior academic background at a high caliber institution, having exceeded in accountancy/finance or a renewable energy engineering discipline, performing in the top of their class.
The Senior Associate, Asset Management will be responsible for managing and maximizing the value of assigned assets of a fleet of PV Solar, Wind and Battery assets throughout the USA. The role will be part of the Commercial Asset Management team and will report to the Director, Asset Management. At a high level, the Senior Associate, Asset Management will be responsible for:
- Coordinating activities necessary for operation of assigned assets (solar and/or storage).
- Administering financing agreements with a deep insight into performance of the assets.
- Reporting for PPA, LGIA and Owner’s compliance obligations (NERC & FERC).
- Warranty and Insurance Management of the equipment.
- Driving profitability and control of EBITDA against financial models.
- Managing landowner and investor relationships and financing agreements.
- Mentoring and developing skills in junior team members.
Essential Responsibilities and Duties
The position will perform a wide range of asset management duties including:
- Own the profit and loss activity for generating assets within assigned portfolio including preparing and tracking against project budgets.
- Business and contractual oversight during project operating phase.
- Administer Power Purchase, Interconnection, Operations and Maintenance, Landowner, Tax Equity and Financing Agreement requirements during the operating phase of a project.
- Ensure NERC and FERC compliance standards are met by the operator and assist Compliance team in maintaining Owner’s Compliance program.
- Foster positive relationships with landowners, long-term customers, partners or joint asset owners, transmission providers, etc.
- Ensure asset/landowner obligations and interests are successfully administered under the asset’s project and financing agreements and that general business-related license, permit and regulatory requirements and reporting are successfully managed.
- Identify opportunities for operational cost reductions and performance optimization.
- Ensure warranty claims and insurance claims are made in a timely manner.
Experience Requirements
- Combination of 3 to 5 years of relevant work experience in operating or owning renewable energy assets.
- Understanding of energy market operations and regulatory compliance.
- Proven track record of working well within a team environment, taking ownership of processes and procedures, experience in shared services center environment is helpful.
- Experience in managing and cultivating skills in direct reports.
- Excellent interpersonal skills, highly motivated and results oriented, process oriented with strong organizational and communication skills.
- Proficient on MS Word, Excel, Access, Power Point, etc.
Education Requirements
- Engineering or Business degree required.
- Prior experience in Renewable Energy Asset Management or a similar field.
