Senior Manager, Asset Manager

SkyVest; Houston (TX); On-site; USD 150,000 - 230,000; Full time

Job summary

SkyVest Renewables seeks a Senior Manager, Asset Management to own portfolio P&L and set asset strategy for wind, solar and BESS assets. You will report to the COO in the Operations department and oversee O&M, capital budgets, and revenue optimization.

The role requires 7+ years in utility-scale renewables with strong P&L, budgeting, and contract negotiation skills; travel up to 15% to SkyVest and ArcLight offices and assets nationwide.

Qualifications

• Minimum 7 years in utility-scale renewables or power industry with asset management, project finance, and operations experience.
• Proven track record of owning P&L for a portfolio of operating assets including budgeting, forecasting, and variance analysis.
• Strong knowledge of PPAs, hedges, LGIAs, O&M agreements, and tax equity and project financing documents.
• Solid understanding of NERC/FERC compliance and ISO/RTO market structures; merchant exposure and congestion.
• Experience with vendor management and stakeholder relationships.

Responsibilities

• Own performance and asset optimization strategy for assigned assets; set annual KPIs and multi-year plans.
• Accountable for asset-level P&L, budgets, forecasts, variance analysis, and reporting to executives and lenders.
• Oversee development of asset and portfolio operating models to support valuations and capital decisions.
• Lead commercial management of O&M, BOP, OEM services; enforce KPIs and availability guarantees.
• Evaluate and approve major maintenance, repowering, and capital projects.
• Oversee warranty and insurance claims; ensure strong safety culture.
• Maintain compliance of key project agreements and regulatory obligations.
• Lead contract negotiations and contracting strategy with Legal;resolve disputes.
• Prepare asset performance updates for equity investors and lenders; engage with regulators.
• Coordinate with communities and agencies to support operations and relations.
• Identify value-creation initiatives: cost reductions, performance upgrades, revenue optimization.
• Lead M&A due diligence, integration, and refinancings; assess operational risks.

Skills

P&L ownership

Asset management

PPA knowledge

Negotiation skills

ISO/RTO market knowledge

SCADA familiarity

Analytical thinking

Education

Bachelor’s degree in Engineering, Economics, Finance, Business Administration, or related field

Tools

SCADA systems

Asset performance platforms

Job description

Location: Newtown, PA or Houston, TX
Reports to: Chief Operation Officer
Submit Resume to [e-mail]

SkyVest Renewables (“SkyVest”) is a renewable power generation platform backed by ArcLight Capital Partners (“ArcLight”). Through affiliates of ArcLight, SkyVest acquires, operates and optimizes operating utility-scale wind, solar and BESS assets throughout the U.S., applying value-added strategies and best-in-class operations to maximize asset value. Since its launch in July 2024, SkyVest has emerged as a premier platform for operating renewable assets, growing its asset portfolio to 1,500 MW of wind and solar assets in PJM, ERCOT, CAISO, SPP and MISO. SkyVest is headquartered in Newtown, PA with offices in Houston, TX.

About ArcLight Capital Partners:

ArcLight is a leading private equity firm focused on energy and infrastructure, founded in 2001. With deep sector expertise, ArcLight has invested in more than 65 gigawatts of power generation and over 47,000 miles of transmission and distribution infrastructure, representing approximately $80 billion in total enterprise value. The firm is known for its operationally driven investment approach and maintains a large internal team alongside a network of over 2,000 asset management professionals. ArcLight has a strong track record in renewables and energy transition assets, including solar, battery storage, hydroelectric, and natural gas infrastructure.

About This Position

SkyVest is runs a best-in-class asset management platform to manage and maximize the value of our asset portfolio. We are seeking a motivated, detail-oriented individual to join the team as a Senior Manager, Asset Management. This role is responsible for the commercial, financial, and operational performance of assigned assets in SkyVest’s portfolio, owning the portfolio-level P&L and sets the asset strategy and business plans for each asset.

This role reports to the COO in the Operations department.

Key Responsibilities

• Own the performance and asset optimization strategy for assigned assets, setting annual objectives, KPIs, and multi-year business plans aligned with SkyVest and ArcLight long-term goals
• Accountable for asset-level P&L, including annual operating and capital budgets, long-range forecasts, variance analysis, and reporting to executive leadership, ArcLight, lenders, and investors.
• Oversee the development of asset and portfolio operating models to support valuations, refinancings, and capital allocation decisions, and oversee revenue certification, REC management, reconciliations, and audits.
• Lead the commercial management of O&M, BOP, and OEM service providers, enforcing contractual KPIs and availability guarantees and coordinating with technical teams to minimize losses and downtime.
• Evaluate and approve major maintenance, repowering, and capital projects
• Oversee significant warranty and insurance claims.
• Champion a strong safety culture.
• Own the compliance of key project agreements, permitting, and regulatory obligations.
• Lead the negotiation of new and amended agreements and the resolution of contract disputes with counterparties in partnership with Legal and set contracting strategy for key services.
• Maintain strong, proactive relationships with equity investors, tax equity partners, lenders, and joint venture partners; prepare and present regular asset performance updates.
• Coordinate with local communities, regulatory agencies, and government institutions as needed to support asset operations and community relations.
• Identify and execute portfolio value-creation initiatives, including cost reductions, performance upgrades, repowering, and revenue optimization.
• Lead asset management workstreams for M&A due diligence, acquisition integration, divestitures, and refinancings, including assessment of operating risks and underwriting assumptions.

Qualifications And Skills

• Bachelor’s degree in Engineering, Economics, Finance, Business Administration, or a related field required.
• Minimum of 7 years of relevant experience in the utility-scale renewable energy industry, or the power industry, with significant experience in asset management, project finance, commercial management, and operations of generating assets.
• Proven track record of owning the P&L for a portfolio of operating utility-scale generation assets (wind, solar, BESS, or conventional power), including budgeting, forecasting, financial modeling, and variance analysis.
• Strong working knowledge of PPAs, hedges, LGIAs, O&M agreements, and tax equity and project financing documents, including experience negotiating and amending them.
• Strong understanding of NERC/FERC compliance obligations and ISO/RTO market structures, including merchant exposure, curtailment, congestion, and basis risk.
• Experience with SCADA, plant monitoring, and asset performance management platforms.
• Strong technical understanding of utility-scale wind, solar, and battery storage technologies, including major equipment, degradation, failure modes, and key performance drivers.
• High degree of analytical and problem-solving skills; ability to interpret complex operational and financial data and translate it into strategies.
• Strong negotiation skills and a proven record of managing vendor and stakeholder relationships.
• Highly organized, able to manage multiple priorities in a fast-paced environment with a strong ownership mentality.

Preferred Background

• MBA, advanced degree, or relevant professional certificate is a plus.
• Experience supporting M&A transactions, acquisition integration, refinancings, or major capital projects (e.g., repowering, BESS augmentation) strongly preferred

Additional Role Information

• Mostly sedentary work; using standard office equipment including: a computer, keyboard, and telephone.
• Position is based in either Houston, TX or Newtown, PA.
• Position requires up to 15% travel to other SkyVest and ArcLight offices, as well as to generation assets.
• Must be legally authorized to work in the U.S. without that the need for current sponsorship by the Company.

Total Rewards

SkyVest offers a total rewards package to attract and retain top talent in the utility-scale renewable industry. The package includes: competitive compensation that is commensurate with experience; annual bonus target tied to individual and company performance; cost-effective healthcare plans, allowing employees to choose a medical plan that fits their personal needs; 401(k) plan with an employer match that vests immediately; and flexible working environment and schedule.

SkyVest is committed to equal employment opportunity and does not base employment decisions on race, color, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth, lactation, and related medical conditions), gender identity or expression, sexual orientation, marital status, protected veteran or military status, disability, protected medical condition, genetic information, or any other characteristics protected by applicable federal, state, or local laws.