Vice President, Head of Asset Management
- Compensation
- Not disclosed
- Location
- Remote - DC Preferred, Remote, US
- Work setup
- Remote
- Seniority
- C level
- Employment
- Contract
- Experience
- 5+ years
- Category
- Not specified
- Posted
Skills
Must have
- 12+ years of experience in renewable energy operations, asset management, or power project management.
- 5+ years in a senior asset management role with direct responsibility for operating portfolios exceeding 500 MW.
- Demonstrated track record managing third-party O&M providers and project-level financial reporting.
- Direct experience with project finance structures, lender reporting obligations, and tax equity partnership requirements.
Nice to have
- BESS operations and dispatch optimization experience in ISO/RTO markets.
- NERC compliance and utility-scale generation operations background.
- Experience managing portfolios across multiple ISO/RTO markets (ERCOT, CAISO, PJM, MISO, etc.).
- CFA, CPA, or PE licensure.
Full description
About Lydian Energy
Lydian is an established energy development company specializing in the development and construction of utility-scale solar and battery energy storage system (BESS) projects in North America. Lydian owns 14 assets in development, construction or under operation, consisting of both solar and storage, which reached or are expected to reach FNTP from 2024-2028.
Lydian is backed by Excelsior Energy Capital (“EEC”), a leading private equity fund manager with more than $1.5B in assets under management, that is exclusively focused on north American middle market renewables investing. Lydian’s relationship with EEC provides several critical advantages, including access to (i) a specialized team of value-add investor-operators with decades of renewables development, construction, and transaction experience and (ii) committed discretionary equity capital, strong relationships with debt and tax equity investors, and deep experience structuring tax equity and project financings.
Lydian has built a team of seasoned, passionate energy infrastructure professionals with deep expertise in project development, construction, financing, and M&A. This is an opportunity to join a fully capitalized development platform that is running at full capacity, but still at an early-enough stage for you to have a real impact on company culture and commercial outcomes.
Job Scope
The Vice President of Asset Management reports to the Chief Operating Officer and is responsible for maximizing the long-term performance and financial returns of the company’s operating renewable energy portfolio. This leader oversees third-party O&M provider management, revenue optimization, operating cost control, and all third-party reporting obligations including to lenders, tax equity investors, and offtakers. Working at the intersection of technical operations and commercial performance, the VP Asset Management ensures the portfolio delivers against its underwritten production, revenue, and availability targets throughout the asset life.
ResponsibilitiesPortfolio Performance & O&M Oversight
- Oversee portfolio-wide energy production, availability, and performance ratio metrics against underwritten baselines.
- Manage third-party O&M service provider relationships, including performance accountability, SLA enforcement, and contract compliance.
- Direct corrective and preventive maintenance planning, outage coordination, and equipment reliability programs.
- Implement remote monitoring and SCADA-driven performance analytics to proactively identify and remediate underperformance.
- Lead annual O&M budget development and cost control initiatives across the operating fleet.
Revenue Optimization & Commercial Management
- Oversee PPA contract compliance and revenue metering, billing, and settlement processes.