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Vice President of Asset Management

Job in Oakland, Alameda County, California, 94616, USA
Listing for: Adapture Renewables, Inc.
Full Time position
Listed on 2026-01-31
Job specializations:
  • Management
    Operations Manager, Financial Manager
Job Description & How to Apply Below

Overview

Adapture Renewables, Inc. is on a mission to be a leader in this new era of sustainable energy. Drawing upon an extensive knowledge base, we develop, finance, engineer, build, own, and operate high quality utility-scale photovoltaic projects and battery energy storage projects. Our Asset Management team is looking for a talented Vice President of Asset Management to help support the efforts of our fast-growing company.

Adapture Renewables is owned by KIRKBI Climate – the private holding and investment company of the Kirk Kristiansen family founded to build a sustainable future for the LEGO® brand through generations.

Overview

The Head of Asset Management will lead the commercial and technical performance of the company’s operating renewable energy portfolio, which includes utility-scale solar and battery storage assets. This role is responsible for maximizing asset value, ensuring compliance with all contractual and regulatory requirements, improving fleet performance, and driving long-term operational strategy. The ideal candidate brings deep expertise in renewable energy asset management, strong commercial acumen, and a data-driven approach to optimizing performance.

Core

Responsibilities Leadership & Strategy
  • Build, scale, and manage a high-performing Asset Management organization (Commercial AM, Technical AM, Analytics, Compliance).
  • Develop asset optimization strategies to maximize revenue, minimize downtime, and enhance operational efficiency.
  • Lead annual portfolio planning, long-term strategic initiatives, and budgeting.
  • Partner with Operations, O&M, OT/SCADA, Finance, and Construction to ensure seamless lifecycle performance.
Commercial Asset Management
  • Oversee PPA management, market settlements, REC management, and financial performance reporting.
  • Ensure compliance with all commercial agreements: PPAs, Interconnection Agreements, O&M contracts, LTSA, EMSAs, and vendor contracts.
  • Lead monthly and quarterly reporting for investors, lenders, and internal stakeholders.
  • Manage insurance claims and risk mitigation strategies.
Technical Asset Management
  • Drive root cause analysis, performance engineering, loss analysis, and warranty management.
  • Oversee performance KPIs, degradation tracking, benchmarking, and lifecycle modeling.
  • Lead warranty enforcement and technical issue escalation with OEMs and service providers.
  • Ensure fleet reliability through data-driven insights and cross-functional coordination.
Operational Oversight
  • Work closely with O&M leadership to ensure proper execution of preventive and corrective maintenance.
  • Coordinate with OT/SCADA teams on data quality, system availability, controls optimization, and event response.
  • Contribute to NERC, RTO/ISO, and interconnection compliance activities.
Financial & Portfolio Management
  • Own operating budgets, variance reporting, and long-term asset planning.
  • Identify revenue enhancement and cost reduction opportunities.
  • Support M&A activities through technical and commercial due diligence.
Qualifications

Required Qualifications

  • 10+ years of relevant experience in renewable energy, asset management, operations, or project finance.
  • Demonstrated leadership experience managing teams and cross-functional stakeholders.
  • Strong understanding of PPAs, market operations, financial modeling, O&M strategies, and regulatory frameworks.
  • Technical knowledge of utility-scale solar and/or battery storage performance drivers.
  • Experience managing outsourced service providers and OEMs.
  • Excellent communication skills with ability to interface with lenders, investors, and executive leadership.
  • Strong analytical, problem-solving, and organizational skills.
  • Demonstrated track record managing and growing a team and improving processes and systems to support portfolio growth.
  • Experience with the Power Factors software platform.
Preferred Qualifications
  • Experience with hybrid renewable + storage facilities.
  • Familiarity with ISO/RTO markets such as CAISO, ERCOT, PJM, or MISO.
  • Prior involvement with SCADA systems, performance analytics tools, and operational technology.
  • MBA or advanced degree in engineering, business, finance, or a related field.
Key Performance Indicators
  • Portfolio availability and performance ratio improvement.
  • Delivery of accurate and timely financial/operational reporting.
  • Compliance performance (PPA, IA, ISO/NERC).
  • Warranty recovery success rate.
  • EBITDA uplift and cost control against budget.
  • Team development and retention.
Benefits Package
  • 401(k) plan with company matching contribution
  • Competitive health, vision, and dental benefits
  • Attractive personal time off and company holiday package
  • Work-from-home policy
  • Salary commensurate with experience
Note

Qualified candidates only. Adapture Renewables, Inc. is committed to equal employment opportunity.

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