Vice President, Asset Management

Aypa Power, a Blackstone portfolio company, is a leading developer, owner, and operator of utility-scale energy storage and hybrid renewable projects that power our communities and cities. Our mission is to responsibly decarbonize the grid and make North American energy markets more affordable, sustainable, and efficient. Aypa is well-capitalized and uniquely positioned to lean forward on projects with well-suited deal structures to meet our customers’ needs. We have been at the forefront of energy storage development since our first energy storage project came online in 2018. As a leader in our industry, we have over 22 GW of utility-scale energy storage and hybrid renewable energy projects in development and 33 projects in operation or construction across North America. 

The Vice President of Asset Management will oversee the financial and technical performance of the company’s operating renewable energy portfolio, including utility‑scale battery storage and solar assets. This position is accountable for maximizing asset value, ensuring adherence to all contractual and regulatory obligations, enhancing fleet performance, and guiding long‑term operational strategy. The ideal candidate will possess extensive experience in renewable energy asset management, strong commercial judgment, and a data‑driven mindset to optimize performance of the portfolio. 

Aypa is a growth organization with an established portfolio in a fast-paced industry.  

Responsibilities: 

• Develop asset optimization strategies to maximize revenue, minimize downtime, reduce costs and enhance operational efficiency;
• Lead budgeting, variance reporting, portfolio planning, and long-term asset planning;
• Partner with O&M, OT/SCADA, Performance Engineering, Finance, Commercial Operations and Construction teams to ensure seamless lifecycle performance;
• Ensure compliance with all contractual agreements: Interconnection Agreements, O&M contracts, LTSAs, land leases, and vendor contracts;
• Lead NERC, RTO/ISO, and interconnection compliance activities;
• Lead monthly and quarterly reporting for internal stakeholders and financial counterparties;
• Manage end of warranty and insurance claims;
• Work closely with O&M leadership to ensure proper execution of preventive and corrective maintenance to achieve performance KPI’s, degradation reduction and asset enhancement;
• Coordinate with OT and Performance Engineering teams on data quality, system availability, controls optimization, and event response;
• Additional responsibilities as needed. 

Key Qualifications: 

• 10+ years of relevant experience in renewable energy, asset management, operations, or project finance;
• MBA or advanced degree in engineering, business, finance, or a related field;
• Demonstrated leadership experience managing teams and cross-functional stakeholders;
• Strong understanding of financial modeling, O&M strategies, and regulatory frameworks;
• Technical knowledge of utility-scale battery storage and solar performance drivers;
• 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;
• Ethical decision-making capability exemplified;
• Excellent written and verbal communication skills. 

Compensation and Location: 

• Salary:  A base salary commensurate with experience.
• Bonus: An annual bonus will be awarded based on individual performance and the business's overall success.
• Benefits: Aypa offers an attractive benefits package with excellent health care/dental/vision, 401k matching, unlimited vacation, and other health/wellness benefits.
• Location:  Hybrid (USA). Ability to work in the United States is a requirement. Preference is given to candidates located in Austin, TX, or willing to relocate. Remote will be considered on a case-by-case basis.

At Aypa, we nurture and support a highly diverse team and actively seek to advance fair and inclusive practices in all aspects of what we do. We hire passionate, dedicated, and forward-thinking individuals from different backgrounds and value unique perspectives and experiences. With a focus on belonging, we are committed to providing an inclusive environment for all. 

Please note: We kindly request that recruiting companies and agencies refrain from contacting us regarding this job posting. We appreciate your understanding and cooperation in respecting our hiring process. Thank you.