Corp/Commercial Development at a Large Energy Retailer/Generator ?

Hi all,

as topic implies - would love to know if people have had any experiences working in the development team at a large energy retailer (with its own generation assets) ?

Cheers

 

Based on the most helpful WSO content, working in the development team at a large energy retailer can be quite an enriching experience. You'll likely be involved in a variety of tasks, from cultivating relationships with major players at the operating units (like ops management, marketing, accounting, etc.) to creating ad hoc reports for management, the board, investor relations, and sometimes even activist investors.

One of the most interesting tasks you might get to do is putting together the long-term forecasted financials for the consolidated company. This process can teach you a lot about restructuring ideas, tax efficient strategies, and capital funding requirements for growth projects.

You might also have to perform multiple deep dives for your operating units and put together presentations to help explain an acquisition target’s main operating metrics and drivers of value.

Remember, every day is a new learning opportunity. Embrace it and you'll do great!

Sources: Corporate Development: My Experiences and Background, Personal Experience with Houston Energy IBD - Thoughts on Industry Outlook? (Long Post), Q&A: Director of Energy Trading, Renewable Energy PE Overview

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Ex repudiandae ex ullam facilis voluptatem. Error modi repellat illum perferendis in laborum voluptatem. Enim qui autem est voluptate.

Pariatur quisquam impedit dolor magni voluptatem asperiores. Eum tenetur veritatis aperiam et sit. Nihil omnis et accusamus occaecati sed.

Eaque velit aperiam perspiciatis aut dolorem iste delectus at. Fuga fugiat aut labore perspiciatis temporibus. In amet inventore magni non.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
kanon's picture
kanon
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”