Senior Director, Asset Management (m/w/d)

Plus Power is an energy storage market leader, with a market-leading 10+ GW portfolio across more than 25 US states and Canadian provinces 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 recruits outstanding energy industry professionals who are driven to develop, build and operate assets safely and reliably to decarbonize the power markets while growing their careers. Our team looks for data-driven and fact-based mindsets, engaging and collaborative behaviors, and personal growth-focused professionals.

In order for the global energy system to make the transition from a carbon-based grid, to a renewable energy grid, large scale energy storage must be introduced into the electricity system to balance intra-hour supply and demand. Energy storage is the enabler of high penetration variable renewable generation like solar and wind.

We are looking for a Senior Director of Asset Management who will drive all efforts associated with the Asset Management function, operating within a challenging ecosystem that necessitates close coordination with many internal and external shareholders. Reporting to the VP of Asset Operations and Performance, the Senior Director of Asset Management will have a team of Regional Asset Managers that coordinate and support the commercial and contractual elements associated with maximizing operational efficiency and revenue for all Plus Power’s operating assets.

Responsibilities

• Develop and manage business plans around Asset Management functions that coordinate closely with the internal teams such as Field Services, Engineering and Performance and Operational Technology, and 3rd Party Operation & Maintenance contractors, to maximize operational efficiency & revenue for all operational Plus Power Projects.
• Continue to optimize asset performance to meet commercial contracts and maximize profitability in merchant markets.
• Responsible for development and management of project annual budgets, third party service contracts, invoice tracking and approval.
• Develop monthly financial reports for lenders working with Finance and Accounting departments.
• Develop, track and report on Asset Operations and Performance Key Performance Indicators.
• Supporting procurement activities associated with Asset Management, Operation & Maintenance and Operational Technology functions.
• Develop requirements and maintain inventories for all projects.
• Track warranty claims and ensure processes in place to minimize time to repair.
• Building relationships and set expectations with key third party Asset Management, Operation & Maintenance and Energy Management service providers.
• Establish the procedure for the team in the role of ‘Incident Response Manager’ during real time events.
• Work with internal and external stakeholders to plan and schedule maintenance and testing activities, and minimize impact to plant availability.
• Standardize and document Standard Operating Procedures and processes for Asset Management and incorporate lessons learned.
• Drive regulatory compliance in coordination with legal and other teams at Plus Power.
• Manage developments and changes to reliability standards, market protocols and other rules that may affect the operation or development of assets.
• Support Development, Engineering and Origination in the due diligence, development, contracting, bid submittals, commissioning and operations of new projects.

Qualifications

• 10+ years of experience in Asset Management, with a solid understanding of Contracts, Operation & Maintenance, Performance Engineering and Energy Management, particularly within the power infrastructure and renewable energy sectors.
• At least 5 years of leadership experience in managing teams, budgets, and strategic initiatives.
• Extensive experience operating assets with various revenue structure (Tolling agreements, Merchant, etc.).
• Commercial experience and in-depth knowledge and involvement with power purchase agreements, tax equity agreements and other standard and non-standard contract terms.
• Experience managing operating generation facilities including but not limited to responsibility for regulatory and safety requirements.
• Extensive knowledge of and established relationships with service providers and industry leaders delivering these services on a national scale.
• Proactive and results-oriented approach to leadership and asset management.
• Demonstrated success in building cross-functional partnerships and leading teams through complex projects in a fast-paced, dynamic environment.
• Strong interpersonal skills with the ability to inspire and motivate diverse teams, drive collaboration, and foster a culture of accountability, innovation, and continuous improvement.
• Ability to negotiate and manage external vendor and partner relationships effectively.
• Excellent written and verbal communication skills, with the ability to present complex technical information to diverse audiences.
• Strong organizational skills and attention to detail.
• Creative independent thinker: demonstrated ability to work both independently and as part of a diverse team.
• Demonstrated ability to work collaboratively and effectively in a cross-functional environment with both technical and non-technical team members who are geographically dispersed.
• Intermediate to advanced proficiency in the Microsoft suite of tools and applications including Outlook, Word, PowerPoint, and Excel.
• Familiarity/experience with battery energy storage system is preferred but not required.
• Ability to travel up to 20%.

Compensation, Location, and Benefits

Highly competitive total compensation from one of North America’s leading energy storage developers, owners and operators. Flexible, work from home or hybrid work from Plus Power’s offices in San Francisco, Houston, Chicago, Seattle, and Palm Beach.

The expected salary range* for this position begins at $225,000. 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 offers a competitive and comprehensive benefits program, unlimited vacation, flexible remote work, work from home stipend, educational assistance, parental leave, and a highly engaging company culture with opportunities for in-person connection and learning and growth.

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.