Job Information
Nuveen Investments Solar Asset Engineer in Madrid, Spain
Nuveen is the investment management arm of TIAA. It is one of the largest global asset managers with specialist knowledge across a wide array of asset classes, including fixed income, equities and alternatives. Nuveen is driven not only by the independent investment processes across the firm, but also the insights, risk management, analytics and other tools and resources a truly world-class platform provides. As a global asset manager, our mission is to work in partnership with our clients to create outcome-focused solutions to help them secure their financial future. For more information about the firm please visit our website at www.Nuveen.com
Glennmont Partners is a company that invests in renewable energy through its funds. The Company is part of Nuveen. Glennmont has raised circa €4bn for investment in onshore and offshore wind, photovoltaic and bioenergy power generation assets since its inception.
The Company’s core teams focus on clean energy equity investments, credit investments, and asset & portfolio management. Glennmont Partners is expanding, currently preparing other products for market launch in 2024 and beyond. The team comprises approximately 60 professionals evenly split between the investment team and the asset management team
Overview of the Role:
Reviewing and assessing the performance of the asset managers and plants under their control, ensuring that issues are addressed by appropriate parties in time, and commercial/financial impacts are communicated within the Asset Management Team promptly. This will be through regular calls, and scheduled face to face meetings with the counterparts.
Scheduled and ad-hoc as required site visits and counterpart meetings across the sites is an important way for ensuring that the workload is managed and tasks for all parties are assigned and completed on time. This job has a role in managing these expectations.
Using the in-house Greenbyte/Powerfactors system for performance analytics to identify and address issues before they impact on the returns and saleability of the projects.
Closing out open issues and ensuring issues are documented fully, and uploaded to the corporate DMS.
Working closely with the other members of the technical team and asset controllers in the commercial team.
Key responsibilities:
Support the Principal Solar Engineer on solar related plant issues, improvements, and projects. Including:
Technical performance
Issues and outages
Construction oversight
Revamping and repowering
Support the PV Development team for the pipeline of new build projects
Coordinate work output from and to internal and external providers (asset managers, developers, legal counsel, technical advisors, contractors, insurance advisors)
Report internally on asset issues, performance, and impact on the SPV & fund (both internally to the team, and to the Asset Management Committee)
Report externally as required to investors, lenders, insurance, and regulatory bodies.
Support the investment team on technical aspects of acquisition, financing, re-finance, and divestment of assets.
Review of TCMA reports and preparation of monthly & quarterly asset management reports.
Qualifications & Experience Required
Construction or Operational management experience (either direct or through asset management) of solar or renewable energy plant
Contract management (EPC, O&M, TCMA) including application of contract clauses, development of contract clauses and review of contracts.
Awareness of commercial drivers/impacts as a result of decisions and timelines.
Budgeting development and application
Understanding of project finance transaction and application in the load period (i.e requirements to be met by the borrower)
Dynamic ability to prioritise workload, based on various drivers (for example, health & safety, revenue expectations, plant integrity, value protection)
Commitment to deadlines (imposed and self-imposed)
Communication skills
Solid IT Skills (MS Office, MS Project)
Fluent English required
Additional European languages are a bonus (Italian, Spanish, Portuguese, German or French)
Must have the right to work in the EU
Additional Information
This role requires no regulatory designation.
Nuveen is committed to providing equal opportunity across all employment practices and we believe our employees have a right to a diverse and inclusive workplace.
Nuveen offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities. Should you require any accommodation during the selection process please contact talentacquisition@nuveenglobal.com should you require any assistance.
Related Skills
Asset Management, Clean Energy Acumen, Communication, Contract Management, ESG Scoring, Financial Analysis, General Risk Management, Infrastructure Investments, Investment Accounting, Investment Reporting Oversight, Investment Research/Analysis, Market/Industry Dynamics, Portfolio Management, Prioritizes Effectively, Project Management, Relationship Management, Stakeholder Engagement
Company Overview
Nuveen is the investment management arm of TIAA. It is one of the largest global asset managers with specialist knowledge across a wide array of asset classes, including fixed income, listed equities and alternatives. Nuveen is driven not only by the independent investment processes across the firm, but also the insights, risk management, analytics and other tools and resources a truly world-class platform provides. As a global asset manager, our mission is to work in partnership with our clients to create outcome-focused solutions to help them secure their financial future. For more information about the firm please visit our website at www.nuveen.com
Accessibility Support
TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.
If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:
Phone: (800) 842-2755
Email: accessibility.support@tiaa.org
Privacy Notices
For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here (https://www.tiaa.org/public/tiaa-nuveen-privacy) .
For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here (https://www.tiaa.org/public/tiaa-nuveen-ca-privacy) .
For Applicants of Nuveen residing in Europe and APAC, please click here (https://www.tiaa.org/public/nuveen-eu-uk-privacy) .
For Applicants of Greenwood residing in Brazil (English), click here (https://www.tiaa.org/public/support/privacy/applicants-greenwood-privacy) .
For Applicants of Greenwood residing in Brazil (Portuguese), click here (https://www.tiaa.org/public/support/privacy/applicants-greenwood-portuguese-privacy) .
For Applicants of Westchester residing in Brazil (English), click here (https://www.tiaa.org/public/support/privacy/applicants-westchester-privacy) .
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TIAA started out over 100 years ago to help ensure teachers could retire with dignity. Today, many people who work at not-for-profits rely on our wide range of financial products and services to support and strengthen their financial well-being.
Privacy Notices
For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here (https://www.tiaa.org/public/tiaa-nuveen-privacy) .
For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here (https://www.tiaa.org/public/tiaa-nuveen-ca-privacy) .
For Applicants of Nuveen residing in Europe and APAC, please click here (https://www.tiaa.org/public/nuveen-eu-uk-privacy) .
For Applicants of Greenwood residing in Brazil (English), click here (https://www.tiaa.org/public/support/privacy/applicants-greenwood-privacy) .
For Applicants of Greenwood residing in Brazil (Portuguese), click here (https://www.tiaa.org/public/support/privacy/applicants-greenwood-portuguese-privacy) .
For Applicants of Westchester residing in Brazil (English), click here (https://www.tiaa.org/public/support/privacy/applicants-westchester-privacy) .
For Applicants of Westchester residing in Brazil (Portuguese), click here (https://www.tiaa.org/public/support/privacy/applicants-westchester-portuguese-privacy) .
Nondiscrimination & Equal Opportunity Employment
TIAA is committed to providing equal opportunity across all employment practices and we believe our employees have a right to a diverse and inclusive workplace.
EEO is the Law (https://assets.phenompeople.com/CareerConnectResources/TIAAGLOBAL/documents/22-088_EEOC_KnowYourRights-1688394514088.pdf)
Pay Transparency
Philadelphia Ban the Box (https://www.phila.gov/media/20210423160847/Fair-Chance-Hiring-law-poster.pdf)