NRG Energy, Inc. Sr Analyst, Asset Management - Renewables in Houston, Texas77007

NRG is leading a customer-driven change in the U.S. energy industry by delivering cleaner and smarter energy choices, while building on the strength of the nation s largest and most diverse competitive power portfolio. A Fortune 200 company, we create value through reliable and efficient conventional generation while driving innovation in solar and renewable power, electric vehicle ecosystems, carbon capture technology and customer-centric energy solutions. Our retail electricity providers serve almost 3 million residential and commercial customers throughout the country. More information is available atwww.nrg.com. Connect with NRG Energy on Facebook and follow us on Twitter@nrgenergy.

Responsibilities:

Due Diligence on New Project Investments:

  • Perform project evaluations, project agreement and contract reviews and due diligence to help make recommendations in support of acquisitions, divestitures and/or investments in company developed projects.

Project Integration:

  • Support the development of information sharing platforms and work management systems, including populating such systems with historical records and archiving of documents.

  • Serve as interface between regional Business Development and Construction activities.

P&L Management:

  • Manage the P&L for all generating assets within assigned portfolio by preparing and tracking project budgets.

  • Perform financial analyses, project evaluations, and due diligence to help make recommendations in support of plant optimization, recovery plans and other major projects and capital investment and revenue enhancement proposals.

  • Investigate any major plant outages and influence resolution or minimization of outages.

  • Monitor operational performance weekly/monthly by reviewing O&M and other plant performance reports.

  • Compile monthly operations performance and financial variance reports, and investigate and remedy these variances.

  • Negotiate/amend project company agreements due to any project modifications.

  • Update financial models on an adhoc as well as quarterly basis.

Project Company Administration, Compliance & Reporting:

  • Lead regional business administration activities to help ensure that asset/land owner obligations and interests are successfully administered under the asset s project and financing agreements and that general business related license, permit and regulatory requirements, reporting and transactions with regional authorities, banks, taxing, governing and other external parties are successfully managed.

  • Coordinate project partnership agreements, serve on project boards and support regional commercial and contractual business activities as needed.

  • Assist in negotiations with PUCs, ISOs, city, county and state authorities and governing boards.

  • Prepare monthly lost output and guaranteed energy production reports per applicable PPA requirements.

  • Monitor and administer renewable energy credit (REC) obligations under various PPA contracts.

  • Prepare and submit monthly and quarterly lender reports per requirements of financing agreements.

  • Report to partners on weekly/monthly/quarterly basis as required.

  • Prepare quarterly/annual regulatory filings (CEC, EIA, etc)

  • Prepare and submit monthly loan and operating draw requests.

  • Control and manage project document retention.

  • Respond to intra-company requests for information regarding NRG s solar fleet.

  • Construct and maintain contract compliance tracking systems by reviewing and summarizing deliverables of contracts and other project documents.

Community & Project Stakeholder Engagement:

  • Form positive relationships with long-term customers, partners or joint asset owners, transmission providers, etc.

  • Attend town council meetings and engage with chamber of commerce and county supervisor periodically.

  • Identify and make project related charitable giving to foster project and community goodwill.

Qualifications:

  • 3 years of energy industry experience in a project development, project administration, business administration, project management, asset management, contract administration, deal execution, project finance or other commercial role.

  • Renewable energy industry experience in solar, wind, geothermal or hydro.

  • Strong business and financial savvy with the ability to support a high performance organization that will deliver operational excellence and meet or exceed financial targets.

  • An ability to perform at a high level in a matrixed organization, working in inter-departmental teams to achieve objectives.

  • Excellent verbal and communication skills.

  • Willingness to travel, both within the U.S. and internationally.

  • Demonstrated computer literacy, including internet, Excel, Word, etc.

  • Bachelor s in Engineering, Finance, Business, Economics or related field.

Highly Desirable:

  • Technical experience with renewable energy resources.

  • MBA

NRG Energy is committed to a drug and alcohol free workplace. To the extent permitted by law and any applicable collective bargaining agreement, employees are subject to periodic random drug testing, and post-accident and reasonable suspicion drug and alcohol testing. EOE AA M/F/Protected Veteran Status/Disability

EEO is the Law Poster(The poster can be found athttp://www.eeoc.gov/employers/upload/posterscreenreader_optimized.pdf)

Level, Title and/or Salary may be adjusted based on the applicant's experience or skills.

Official description on file with Human Resources