Manager, Asset Management

Clearway Energy Group; San Diego (CA); Hybrid; USD 120,000 - 160,000; Full time

Benefits offered by this job

Generous PTO

Medical, dental and vision care

401(k) plan with employer match

Tuition reimbursement

Job summary

Clearway Energy Group is seeking a Manager for Asset Management in San Diego, California, responsible for financial management of renewable energy projects. The role involves conducting due diligence, managing P&L, and ensuring compliance with project obligations. The ideal candidate will have over 5 years of energy industry experience, a relevant Bachelor's degree, and strong communication skills.

They offer a salary range of $120,000 – $160,000 USD, alongside generous benefits including PTO, health care, and 401(k) matching.

Qualifications

• 5+ years of energy industry experience in asset management or related fields.
• Ability to perform well under pressure and manage competing priorities.
• Understanding of renewable financial models and the capital stack.

Responsibilities

• Conduct due diligence on new project investments.
• Manage P&L and provide financial analysis for generating assets.
• Ensure compliance with project obligations and reporting.
• Develop positive relationships with stakeholders.
• Negotiate and amend contracts to improve asset performance.

Skills

Energy industry experience in asset management

Strong business and financial acumen

Technical knowledge of Wind and Solar projects

Excellent communication skills

Proficiency in Microsoft Office

Data management skills in Excel

Education

Bachelor's degree in Engineering, Finance, Business, or related field

Tools

Microsoft Excel

Microsoft PowerPoint

Microsoft Word

Job description

What The Role Is

The Manager, Asset Management will be responsible for the financial and commercial management of Utility Scale and Distributed renewable energy projects located across the United States. Asset Management serves as the owner’s representative ensuring that budget control, value optimization, and risk mitigation are performed during the entire operational lifecycle of a project. The Manager of Asset Management will work to maximize the value of assets and manage compliance with project agreements and incentive programs. The Manager will work closely with internal Clearway teams, build trusted relationships with financial partners, and provide coaching and mentoring to staff members.

If you don’t meet 100% of the below qualifications but see yourself contributing, please submit your resume.

What You’ll Be Doing

Due Diligence on New Project Investments:

• Support project evaluations, project agreements, contract reviews, and due diligence to help make recommendations in support of acquisitions, divestitures, and/or investments in company‑developed projects.

P&L Management:

• Provide P&L analysis and economic performance for generating assets within the assigned portfolio.
• Perform financial analyses, project evaluations, and due diligence to help make recommendations in support of plant optimization, recovery plans, revenue enhancement, and other major capital investments.
• Analyze, track, and update budgets, forecasts, and financial models.
• Monitor monthly performance and variance reports; investigate and address observed deviations.
• Investigate any major plant outages and influence resolution or minimization of outages.
• Review gross margin performance and work with the energy management group to explain variances due to market conditions.
• Extract generation data from external & internal sources as needed to support various reporting needs.
• Ensure asset financial models are updated, as needed.

Commercial Management, Compliance, & Reporting:

• Ensure all project obligations and interests are successfully administered under project agreements and resolve any contractual issues with counterparties.
• Manage Operations & Maintenance (O&M) providers, ensuring adherence to O&M agreements.
• Ensure general business‑related licenses, permit and regulatory requirements, reporting, and transactions with regional authorities, banks, governing and other external parties are successfully managed.
• Establish trusted relationships with customers, partners, or joint asset owners, ISOs, and regulatory agencies.
• Manage commercial issues and associated strategies for resolution with counterparties, including mediation or litigation.
• Lead root cause analysis efforts for underperforming assets, collaborate with technical teams to address the issues.
• Negotiate or amend contracts to improve asset performance and mitigate risk.
• Manage monthly lost output and guaranteed energy production status per applicable offtake requirements.
• Prepare reports and presentations for project stakeholders as required.
• Conduct remote monitoring of solar and wind projects via online data acquisition systems.

Project Integration:

• Interface with business development, finance, and construction management teams to ensure smooth transition of projects into commercial operation.
• Support the development of information, sharing platforms, and work management systems, including populating such systems with historical records and archiving of documents.
• Support improvements to asset management and project handover processes.

Community & Project Stakeholder Engagement:

• Form positive relationships with external stakeholders including customers, partners, landowners, etc.
• Identify project‑related opportunities for charitable giving to foster community goodwill.

What You’ll Bring

• 5+ years of energy industry experience in asset management, project administration, business administration, project management, contract administration, project finance, or other commercial role.
• Bachelor’s degree in Engineering, Finance, Business, Economics, or a related field.
• Strong business and financial savvy with the ability to support a high‑performance organization that will deliver operational excellence and meet or exceed financial targets.
• A strong grasp of technical Wind and Solar project details; ability to effectively collaborate with operational and technical teams.
• Ability to perform well under pressure on teams in a demanding environment and occasionally work extended hours to meet project deadlines.
• Ability to think creatively, manage competing priorities, work independently, and pay attention to detail.
• Ability to meet and communicate effectively with various Customers, off-takers, and Investors.
• Excellent written and verbal communication skills and an ability to communicate complex issues in a clear, concise manner.
• Understanding of renewable financial models and the full capital stack (tax equity, debt, and cash equity).
• Proficiency with Microsoft Office products including Excel, PowerPoint, and Word.
• Experience manipulating and managing large amounts of structured and unstructured data. Prior experience with the use of formulas in Excel (i.e., vlookup, sumproduct, sumif, index/match, etc.) and creating reports from scratch.

What Would Be Nice

• Demonstrated familiarity with energy markets, and major energy industry players and regulatory bodies.
• Efficient communication and interpersonal skills.
• Continuous Improvement & learning mindset.
• Advanced expertise with Microsoft Office, especially Excel, Word, and PowerPoint.

Clearway will not sponsor non‑immigrant visas for this position (H‑1B, TN, E‑3, etc.).

#LI-Hybrid

Salary Range Across all U.S. Locations: $120,000 – $160,000 USD.

What We Provide

• Generous PTO.
• Medical, dental and vision care.
• Health savings accounts with company contributions.
• Health flexible spending accounts.
• Dependent daycare flexible spending accounts.
• Commuter benefits.
• Relocation assistance.
• 401(k) plan with employer match.
• Various life and accident insurances.
• Fertility programs.
• Adoption assistance.
• Generous parental leave.
• Tuition reimbursement.
• Benefits for employees in same‑sex marriages, civil unions and domestic partnerships.

Notice to Applicants

Clearway Energy is strongly committed to a philosophy of equal opportunity and fully complies with equal employment laws, ordinances, and regulations for all applicants and employees. We will make reasonable accommodations to enable individuals with disabilities to apply and compete for employment opportunities for which they are qualified. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e‑mail to [e-mail] and let us know the nature of your request and your contact information.

Notice to California Applicants

Clearway Energy is strongly committed to a philosophy of equal opportunity and fully complies with equal employment laws, ordinances and regulations for all applicants and employees.