Invenergy drives innovation in energy. Powered by decades of entrepreneurial experience and unparalleled execution, we solve the energy challenges facing our customers and communities. We provide power generation and storage solutions at scale around the world to create a cleaner energy future. We develop. We build. We own. We operate. We are Invenergy.
Job Description
Position Overview
The Associate, Asset Management will work on a wide range of activities all directed toward the same goal: maximizing the profitability and success of Invenergy’s operating wind, solar, storage, or thermal assets.
Responsibilities
Assist in developing project budgets and perform periodic variance analysis.
Provide input, update and maintain the project pro-forma financial models.
Draft reports on project performance for investors, lenders and other stakeholders.
Assist in cash flow forecasting and management.
Perform financial analyses of potential project improvements.
Develop other ad-hoc analyses as needed.
Collaborate with the operations and engineering teams to evaluate and improve project performance.
Coordinate with project O&M staff on other operational items, including major component repair and replacement.
Coordinate with energy marketing or energy manager to find revenue improvement or risk mitigation opportunities.
Track and assist with compliance of regulatory requirements.
Ensure compliance with project agreements and contracts, including power purchase agreements, credit agreements, operating and maintenance agreements
Participate in contract negotiations.
Manage credit agreements: covenants compliance, disbursement requests for projects in construction, ratio analysis and negotiate waivers with financing institutions when required.
Required Skills
Bachelor's Degree in a quantitative discipline (e.g., Engineering, Mathematics, Economics, Finance)
Minimum two years of job experience
Demonstrated proficiency in Microsoft Excel
Strong analytical, logical and problem-solving skills
Effective communication and collaboration skills
Fluent (written and oral) in English.
Some travel required
Preferred Skills
Experience in the energy industry is beneficial but not required.
Experience with standard financial metrics and analyses (NPV, IRR, DCF models) preferred.
Knowledge about Project Financing is preferred.