Clean Energy Portfolio Manager Job at FirstLight Power
About Us
FirstLight is a leading clean power producer, developer and energy storage company with operating and development assets in New England (ISO NE), Pennsylvania and New Jersey (PJM), New York (NYISO), and Ontario (IESO), with expansion to other regions actively underway. Our mission and vision is to accelerate the de-carbonization of the electric grid by developing, owning, operating, and integrating large-scale renewable energy and storage assets to meet the world's growing clean energy needs and deliver an electric system that is clean, reliable, affordable, and equitable.
We operate dozens of facilities across North America and proudly serve our host communities and beyond through our clean energy assets, the recreation spaces we steward, the jobs we produce, and the economic benefit we deliver through our operations and charitable actions.
Our operating assets comprise a diverse portfolio of over 1.6 GW of pumped-hydro storage (including Northfield Mountain, the largest energy storage facility in New England), battery storage, conventional hydroelectric generation, and solar generation.
Our development pipeline includes over 2,000 MW of solar, battery and offshore wind projects in various stages of development, and we are developing a portfolio of hybrid hydro, solar and battery projects that combine operational and development assets. We have approximately 180 employees based in Massachusetts, Connecticut, Ontario and Pennsylvania, and our corporate headquarters are located in Burlington, MA.
We are a team of caring, passionate professionals who are driven to deliver positive climate impact and to have fun while doing it! We value diversity, equity and inclusion and encourage people with diverse perspectives, skills and experiences to apply.
Position Detail:
Reporting to the Senior Vice President, Commercial, the Clean Energy Portfolio Manager will be responsible for leading the commercial portfolio management efforts for the North American market across multiple technologies and projects. The position plays a key role in building and maintaining relationships with Customers, ISO's and brokers in different power markets. The Manager of Clean Energy Portfolio Management will lead the efforts to identify and implement non-traditional value creating opportunities to increase overall margins for FLP's clean energy and energy storage portfolio.
FirstLight is focused on evolving its Portfolio Management strategy to cover both its existing operating assets as well as its newer and growing pipeline of development assets, which together include hydro, storage, solar and wind technologies. This role will have a unique opportunity to develop our 24hr Real Time desk to offer our portfolio management as a commercial service. FirstLight is actively undergoing a number of expansion efforts that will require a nimble and forward-looking vision to ensure we stay at the forefront of evolving markets for renewable and energy storage projects. With this position we are seeking a driven and creative leader to help build an industry-leading clean energy portfolio management function.
This position will work closely with the Commercial, Business Development, Corporate Strategy, Finance, Regulatory and Operations teams. As a leader in the organization, the Manager of Clean Energy Portfolio Management will help lead a team committed to delivering value for our portfolio of assets.
This position does not currently supervise any direct reports, but FirstLight anticipates growth potential in the future as the company continues its current aggressive growth trajectory.
Key Responsibilities Include:
We consider our employees to be our most valuable resource and we strive to provide a challenging, collegial, and rewarding workplace. FirstLight embraces a company-wide commitment to recruit, develop, and retain a dedicated, diverse, and engaged workforce that is motivated to be ever better both professionally and personally.
Joining the FirstLight Team is an opportunity to experience a unique and exciting culture. Some of our benefits include:
FirstLight's values are:
Respect – Integrity – Safety – Excellence – Innovation - Team
COVID-19 Vaccine Policy:
In an effort to protect the health and safety of our employees and the communities we serve, FirstLight will require all new employees to be fully vaccinated against COVID-19 according to CDC guidance. This is a necessary goal, as part of our efforts to provide a safe and healthy workplace for our employees.
Join Our Team!
Want to learn more about FirstLight? Check us out below!
Diversity Jobs LinkedIn Our Website
Please Note :
apexdining.ca is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, apexdining.ca provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.
FirstLight is a leading clean power producer, developer and energy storage company with operating and development assets in New England (ISO NE), Pennsylvania and New Jersey (PJM), New York (NYISO), and Ontario (IESO), with expansion to other regions actively underway. Our mission and vision is to accelerate the de-carbonization of the electric grid by developing, owning, operating, and integrating large-scale renewable energy and storage assets to meet the world's growing clean energy needs and deliver an electric system that is clean, reliable, affordable, and equitable.
We operate dozens of facilities across North America and proudly serve our host communities and beyond through our clean energy assets, the recreation spaces we steward, the jobs we produce, and the economic benefit we deliver through our operations and charitable actions.
Our operating assets comprise a diverse portfolio of over 1.6 GW of pumped-hydro storage (including Northfield Mountain, the largest energy storage facility in New England), battery storage, conventional hydroelectric generation, and solar generation.
Our development pipeline includes over 2,000 MW of solar, battery and offshore wind projects in various stages of development, and we are developing a portfolio of hybrid hydro, solar and battery projects that combine operational and development assets. We have approximately 180 employees based in Massachusetts, Connecticut, Ontario and Pennsylvania, and our corporate headquarters are located in Burlington, MA.
We are a team of caring, passionate professionals who are driven to deliver positive climate impact and to have fun while doing it! We value diversity, equity and inclusion and encourage people with diverse perspectives, skills and experiences to apply.
Position Detail:
Reporting to the Senior Vice President, Commercial, the Clean Energy Portfolio Manager will be responsible for leading the commercial portfolio management efforts for the North American market across multiple technologies and projects. The position plays a key role in building and maintaining relationships with Customers, ISO's and brokers in different power markets. The Manager of Clean Energy Portfolio Management will lead the efforts to identify and implement non-traditional value creating opportunities to increase overall margins for FLP's clean energy and energy storage portfolio.
FirstLight is focused on evolving its Portfolio Management strategy to cover both its existing operating assets as well as its newer and growing pipeline of development assets, which together include hydro, storage, solar and wind technologies. This role will have a unique opportunity to develop our 24hr Real Time desk to offer our portfolio management as a commercial service. FirstLight is actively undergoing a number of expansion efforts that will require a nimble and forward-looking vision to ensure we stay at the forefront of evolving markets for renewable and energy storage projects. With this position we are seeking a driven and creative leader to help build an industry-leading clean energy portfolio management function.
This position will work closely with the Commercial, Business Development, Corporate Strategy, Finance, Regulatory and Operations teams. As a leader in the organization, the Manager of Clean Energy Portfolio Management will help lead a team committed to delivering value for our portfolio of assets.
This position does not currently supervise any direct reports, but FirstLight anticipates growth potential in the future as the company continues its current aggressive growth trajectory.
Key Responsibilities Include:
- Lead efforts to identify and implement non-traditional value creating opportunities to increase overall margins for FLP's clean energy and energy storage portfolio.
- Assist Strategy/Business Development team with asset valuations and post-acquisition/development asset integration
- Develop and implement short-term and long-term hedging strategies for RECs and Power
- Assist origination team in structuring and negotiating complex sales transactions, long term Power Purchase Agreements (PPAs) with utilities and C/I customers for both FLP's existing generation portfolio and projects in development pipeline.
- Support the optimization of relationships with procurement teams at universities, trading and origination desks, utilities, municipalities, cooperatives, and C&I off-takers
- Maintain expert working knowledge of North American wholesale commodity market fundamentals and ISO/RTO protocols
- Oversee reporting on market activity and performance metrics to internal/external leadership teams
- Establish relationships with procurement, trading and origination desks at public and private utilities, Munis, coops, C&I off-takers (corporates), and marketers
- Drive power marketing “ideas” to definitive deliverables (financial models, term sheets, contracts) and timetables for execution
- RFP & Proposal Development - Identify RFP opportunities and originate bilateral PPA targets outside formal RFP processes
- Act as a collaborative, collegial and engaged team member of FirstLight
- Possess a passion for delivering innovative solutions to the challenge of moving the world to a clean energy future as fast as possible
- Carries out other duties as assigned
- Complies with all FirstLight Power policies and procedures
- Advanced Degree preferred
- 5 + years of experience in Asset Management and management roles
- Possess deep power markets expertise in ISO-NE, PJM, NYISO
- Knowledge of and experience in over-the-counter forward markets, physical markets, and/or future markets
- Experience working in CAlSO, ERCOT, PJM, MISO, SPP, NYISO, ISO-NE, IESO (Ontario) and bilateral markets is preferred
- Understanding of concepts including basis risk, power markets, hedging, losses, and congestion
- Ability to build strong customer relationships across organization levels
- Capable leader who can effectively manage others to high performance
- A driven leader who is highly motivated and hard-working with high standards for self and others
- Resourceful and comfortable operating in an entrepreneurial environment
- Ability to communicate effectively, both written and verbally
- Ability to handle multiple assignments on a timely basis with a high degree of accuracy
- Knowledge of various structured markets and bilateral physical markets
- Ability to be physically mobile (stand, walk, reach, climb, bend) and also the ability to sit for prolonged periods throughout the day/work hours
- Manual dexterity sufficient to operate keyboard, copier, telephone, and the ability to write and/or type
- Must be able to occasionally lift and/or move up to 25 lbs
We consider our employees to be our most valuable resource and we strive to provide a challenging, collegial, and rewarding workplace. FirstLight embraces a company-wide commitment to recruit, develop, and retain a dedicated, diverse, and engaged workforce that is motivated to be ever better both professionally and personally.
Joining the FirstLight Team is an opportunity to experience a unique and exciting culture. Some of our benefits include:
- Comprehensive Medical, Dental, Vision, Life and Disability Insurance
- Paid Parental Leave
- Health and Wellness Programs
- Mental Health Care
- 401(k) with Employer Matching
- Flexible Spending Account
- Health Savings Account
- Annual Performance Incentive Plan
- Employee Assistance Program
- Generous Paid Time Off Plan
- Paid Holidays
- Professional Development
- Employee Referral Program
- Tuition Reimbursement
- Charitable Matching Program & Employer Sponsored Volunteer Program
FirstLight's values are:
Respect – Integrity – Safety – Excellence – Innovation - Team
COVID-19 Vaccine Policy:
In an effort to protect the health and safety of our employees and the communities we serve, FirstLight will require all new employees to be fully vaccinated against COVID-19 according to CDC guidance. This is a necessary goal, as part of our efforts to provide a safe and healthy workplace for our employees.
Join Our Team!
Want to learn more about FirstLight? Check us out below!
Diversity Jobs LinkedIn Our Website
Please Note :
apexdining.ca is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, apexdining.ca provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.