Commercial Asset Management Specialist, US Renewables

A little about Capital Power Capital Power (TSX: CPX) is dedicated to Powering Change by Changing Power. This north star guides our ambitions, focus, and actions as we transform our energy system. We're a growth-oriented North American energy company headquartered in Edmonton, Alberta. Our team safely delivers, builds, and creates balanced energy solutions for customers across North America. Our people are at the core of our journey to deliver reliable, affordable, and lower-carbon power solutions.

We provide purpose-driven work in a safe and inclusive environment, and we live by our North Star. With us, your contributions matter - we want you to be empowered to innovate, collaborate, and ultimately drive results. We're here to partner with you so you can learn, grow, and forge a career that's meaningful to you. Join us in powering North America!

Two Permanent Full-Time Positions. Are you passionate about being part of an integral team that plays a key role in our growth and renewables portfolio? We are currently seeking two innovative and results-oriented individual to join our Commercial Management team responsible for our US Renewables portfolio! Reporting to Sr. Specialist, US Renewables, as the Commercial Asset Management Specialist, US Renewables you will be accountable for proactively identifying commercial risks and opportunities for existing assets, both for the short term and the longer term.

In coordination with Operations and other internal functional groups and external parties, you will develop and implement risk management strategies and mitigating plans to preserve and enhance and optimize the value of existing assets. This includes accountability for delivering the value-add targets for commercial management assigned for each asset. In coordination with Operations, Finance and other internal functional teams - and consistent with corporate objectives and external markets and regulatory conditions - you will provide expert input and draft assigned sections of a strategic asset management plan for the assigned generation facilities.

• In this role, you will own and manage the day-to-day relationship with the assets’ applicable counter parties or joint venture partners, work (and/or in coordination with Finance, Operations or the Commodity Trading group) on internal and external reporting, short-term and long-term asset optimization opportunities, issues or disputes, ensures compliance with applicable agreements, and be the lead point of contact on applicable asset matters with legal, regulatory, finance, environment and external regulatory agencies and government entities.
  
  You will also be responsible for monitoring market developments and their impact on the value of the asset, and - in coordination with other internal groups - the development and implementation of strategies to preserve and enhance the market of the assets with a broader portfolio view. In addition, you may provide key input to due diligence efforts surrounding potential new acquisitions.
• Coordinating internal subject matter expert teams for the effective commercial management and optimization of value for the assigned asset and the generation fleet.
• Steering interaction with appropriate SMEs - operations, legal, credit, regulatory, finance, environmental, external suppliers, off-takers and regulators on commercial activities that generate revenue, reduce cost, or reduce and/or mitigate risks and/or provide opportunities for enhancing value.
• Conducting the negotiation of commercial contracts with external third-parties for supply of key facility inputs and sale of products and services - e.g. PPAs, REC contracts, long-term service agreements.
• Coordinating and managing…