Job description
Plus Power is an energy storage market leader, with a market-leading 10+ GW portfolio across more than 25 states that will transform North American electric grids into cleaner and more versatile critical infrastructure.
Standalone energy storage is rapidly transforming the North American energy markets, because it is cheaper than new natural gas plants, faster to build than fossil peakers or transmission, and able to perform diverse energy services. Plus Power partners with electricity system operators, utilities, and investors to originate, develop, finance, own and operate standalone energy storage projects that provide critical services to the wholesale electric market. Plus Power's team applies an intentional mindset to energy storage development by using a data-driven approach to development and operations.
At Plus Power, we are focused on solving hard climate problems, profitably. We are growing fast, and value candidates who, like us, share a focus on setting high expectations, owning and learning from mistakes in the spirit of radical transparency, and are committed to internal partnering as a key element of our ideas meritocracy. Our team praises Plus Power's culture and excels through our game-changing mission and supportive ecosystem.
About the Role
Plus Power is looking to hire an Asset Manager to oversee the day-to-day operations of Plus Power's stand-alone storage projects. The Asset Manager will collaborate across internal functions including Front Office and Analytics Services, Finance and Accounting, Legal, and Engineering Procurement & Construction, while managing the activities of third-party contractors to ensure word class asset management for Plus Power's operating projects.
Key Responsibilities
- Oversee the day-to-day operations of a portfolio of utility-scale, stand-alone battery energy storage systems (BESS)
- Monitor the performance of assets and analyze plant metrics on an ongoing basis and against Key Performance Indicators (KPIs) to find anomalies and improve plant performance
- Provide qualitative analysis, reporting and recommendations to manage the assets and deliver transparency and reporting for an executive level
- Work with the Accounting and Analytic Services departments to prepare operational budgets
- Manage O&M and related third party agreements to ensure compliance from service providers and to develop long-term relationships
- Coordinate and supervise third party contractors' planned maintenances schedules and work performance while minimizing the impact on production
- Coordinate outages and unplanned maintenance including the investigation, analysis, and resolution of system issues
- Conduct and analyze risk assessments and initiate preventive as well as corrective actions
- Support pre-construction engineering, EPC, and development functions with review of plant designs and contract terms related to operations
- Help manage internal handover of BESS from construction to operations
- Manage compliance contractors for adherence with ongoing NERC/ISO procedures, reporting requirements and training of operations staff
- Ensure strict compliance with all project operating agreements
Skills & Qualifications
- 5+ years of asset management experience in the renewable energy industry
- Bachelor's degree in engineering, economics, business, or a related field
- Experience in Power, Energy, Renewables, or BESS with familiarity of industry-specific terminology; knowledge of BESS technology and/or SCADA systems is a plus
- Working knowledge of ERCOT and other ISO/RTO market structures, with experience managing merchant energy assets and navigating regulatory, compliance, and market participation requirements
- Ability to read and interpret PPAs, LGIAs, Financing Agreements, and other project contracts
- Ability to effectively manage multiple priorities and deliver timely, high-quality results
- Demonstrated intellectual curiosity, driving a desire to learn and grow within the company and the industry
- Demonstrated dependability and accountability, with a strong track record of meeting deadlines, following through on commitments, and taking ownership of responsibilities with minimal supervision
- Excellent written and verbal communication skills, with the ability to present complex technical information to diverse audiences
- Excellent project management skills and experience leading and delivering projects under tight deadlines
- Proven ability to adapt to changing priorities, manage multiple tasks, and remain flexible in a fast-paced, dynamic work environment
- Strong attention to detail with a commitment to producing accurate, high-quality work and identifying errors or inconsistencies before final delivery
- Ability to travel to various locations within the United States roughly 20% of the time
- Intermediate to advanced proficiency in the Microsoft suite of tools and applications including Outlook, Word, PowerPoint, and Excel
Compensation, Location, and Benefits
Highly competitive total compensation from one of North America's leading energy storage developers, owners, and operators, along with market-leading health benefits, 401(k) match, generous paid parental leave, flexible time off, work from home stipend, and other programs designed to support employees and their families.
Flexible work arrangements include work-from-home or hybrid options from Plus Power's offices in The Woodlands, San Francisco, Chicago, Seattle, Brooklyn, Denver, Palm Beach Gardens, and Birmingham. While we are a remote-first company, we also have a highly engaged and connected culture, with opportunities to come together for in-person connection, professional development, and continued learning and growth.
The expected salary range* for this position begins at $150,000. We may ultimately pay more or less than the posted range based on several factors including, but not limited to relevant experience, skills, qualifications, geographic labor market, and other factors consistent with applicable law. This position is also eligible to participate in our annual bonus program.
Plus Power is committed to a diverse and inclusive workplace where people of all backgrounds can thrive. Plus Power is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.
This information is provided in accordance with applicable law.
Pay & benefits
About this role
About Plus Power
Company Overview
Plus Power
HeadquartersThe Woodlands, Texas, United States
Founded2018
SizeApproximately 200-500 employees (source: leadiq.com). Revenue of $63.9 million in FY 2023 (source: leadiq.com).
What They Do
Plus Power specializes in standalone lithium-ion battery energy storage systems (BESS) that are pivotal for grid stabilization. Their technology enables rapid dispatch for frequency regulation, peak shaving, and renewable integration, particularly in deregulated wholesale markets (source: leadiq.com). The company offers a comprehensive suite of services that includes greenfield development, site selection using advanced data science techniques, and power systems engineering aimed at alleviating grid congestion. They also engage in commercial origination with utilities and Independent System Operators (ISOs), raising significant project finance, and executing large-scale engineering, procurement, and construction (EPC) projects (source: pluspower.com). Plus Power's target markets span over 20 states, focusing on major U.S. Regional Transmission Organizations (RTOs) and ISOs, catering to electric utilities, commodities traders, and grid operators who require flexible solutions amidst increasing solar and wind energy penetration (source: pluspower.com). With a development portfolio exceeding 7,000 MW and a total of 11 GW including early-stage assets, Plus Power is recognized as a first-mover in the grid-forming standalone BESS sector (source: pluspower.com).
Projects & Track Record
Plus Power has successfully completed several notable projects, including the Gambit Energy Storage facility in Angleton, Texas, which is a 100 MW standalone lithium-ion project that has been operational since summer 2021. This facility was one of the largest in Texas at the time and plays a crucial role in supporting the reliability of the ERCOT grid (source: pluspower.com). Another significant project is the Cranberry Point Energy Storage in Carver, Massachusetts, which is a 150 MW/300 MWh facility that is set to come online in May 2025, marking it as the largest utility-scale standalone BESS in the region and contributing to Massachusetts' ambitious storage goals (source: pluspower.com). Current projects include the Cross Town Energy Storage in Gorham, Maine, which will be New England's largest BESS at 175 MW/350 MWh, and the Kapolei Energy Storage in Hawaii, which is a 185 MW/565 MWh project that recently secured $219 million in financing (source: pluspower.com). Plus Power is also actively constructing over 1 GW across five sites in Arizona and Texas, showcasing their extensive operational footprint and commitment to renewable energy integration (source: pluspower.com).
Recent Developments
In June 2024, Plus Power achieved a significant milestone by closing construction and term financing for its first major standalone BESS in ISO-NE, which is supported by Massachusetts Clean Peak Energy Certificates (source: zoominfo.com). The company also secured $82 million in tax equity from Morgan Stanley for the Superstition project in Arizona, contributing to nearly $2 billion in total funding for their projects in Arizona and Texas (source: zoominfo.com). In 2024-2025, Morgan Stanley invested a total of $160 million across two projects: $95 million for Cranberry Point and $65 million for Cross Town, both of which are set to come online in late 2025 (source: pluspower.com). A notable achievement in October 2023 was the completion of $1.8 billion in financing for 1.04 GW/2.76 GWh across multiple sites, marking one of the largest standalone storage project deals in the sector (source: prnewswire.com). Additionally, the Kapolei project in Hawaii successfully closed $219 million in project finance and credit facilities (source: pluspower.com).
Working There
Plus Power offers a diverse range of roles across various departments including development, markets, power systems engineering, commercial origination, finance, EPC, and operations. The company is actively hiring for positions in its offices located in The Woodlands, Texas (HQ), San Francisco, New York, Chicago, and Miami, reflecting its growth trajectory from approximately 200-500 employees (source: leadiq.com). The company culture is characterized by values such as curiosity, respect, transparency, and a strong emphasis on environmental stewardship and safety. Employees are encouraged to adopt an owner's mindset in their operations, fostering local relationships and responsible development practices (source: pluspower.com). While specific benefits are not extensively detailed in public sources, Plus Power highlights the importance of collaboration with excellent colleagues and partners in their mission to advance renewable energy storage solutions (source: pluspower.com).
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