Commercial Asset Manager

Location:

UK, remote (occasional travel to international offices) Scope:
Full-time WHO ARE ILOS?

ILOS is a fast-growing renewable energy company with a strong presence across Europe, backed by BNP Paribas Asset Management Alts and committed to accelerating the energy transition. Since 2018, we have developed, built, and operated large-scale solar PV projects across seven core markets.

THE ROLE OVERVIEW

ILOS is seeking a Commercial Asset Manager to strengthen its Asset Management capability as its UK utility-scale solar PV portfolio continues to transition into operations. The role will take independent ownership of the commercial performance of assigned assets following EPC handover, managing financial, contractual and operational matters to protect asset value, manage risk and support long-term performance.

Working closely with technical asset management, finance, O&M providers, project teams and external stakeholders, the Commercial Asset Manager will monitor SPV performance, manage key contracts and provide clear commercial insight. The role will also contribute to the continued development of ILOS’ Asset Management structure, processes and reporting.

TASKS

• Manage the commercial performance of assigned operational solar PV assets, including O&M, PPA, land, grid, EPC, warranty and relevant service agreements; support BESS and LTSA contracts where applicable.
• Monitor contractual obligations, KPIs, warranties, claims, disputes, renewals and contract changes, coordinating specialist support, negotiations and escalation where required.
• Monitor contracted and merchant revenue, settlement, curtailment and commercial optimisation opportunities in coordination with relevant market and technical specialists.
• Prepare and challenge operating budgets, OPEX forecasts, variance analysis and commercial cash-flow inputs; validate contractor charges and major expenditure against contracts, budgets and delegated authorities.
• Support Finance and Structured Finance with SPV reporting, covenant monitoring, insurance matters and financing or due-diligence requirements.
• Monitor operational performance through SCADA, reporting, inspections and technical input, including availability, generation against budget, performance ratio, degradation, outages, losses and corrective actions.
• Maintain asset records, obligations registers, risk and action trackers, compliance evidence and audit-ready documentation covering planning, permits, land, grid, environmental, HSE, security, insurance and relevant Ofgem requirements.
• Deliver monthly dashboards and quarterly asset reviews, coordinate key stakeholders and support the operational readiness, onboarding and handover of newly commissioned, acquired or transferred solar PV and future BESS assets.

PROFILE

• At least four to five years of relevant experience in renewable energy asset management, commercial asset management or a comparable commercial role, ideally within utility-scale solar PV.
• Strong commercial and financial understanding of PPAs, O&M agreements, EPC handover, SPV financial performance, budgeting, cash-flow forecasting and contractual risk.
• Good knowledge of the UK solar market and relevant operational and regulatory requirements, including Ofgem-related obligations.
• Strong Excel, financial-analysis and performance-reporting skills, with the ability to interpret operational data from a commercial perspective.
• Able to manage multiple assets and work streams independently, prioritise effectively and deliver reliable reporting with limited supervision.
• Clear communication and stakeholder-management skills, with experience working across technical, financial, commercial and external partner teams.
• Valid right to work in the UK, with willingness to work predominantly remotely and travel occasionally to UK and potential Irish project sites, as well as the Karlsruhe office.

Become part of a committed team shaping the future of clean energy, together.