Most active / prestigious Power and Utilities (P&U) IBD groups in London

Hi All,

Just wanted to get a perspective of what is the actual (2021) Power and Utilities IBD picture in London, and overall, in EMEA. Currently very interested in these verticals and would like to know more for my future prospects:

1. What are the top players / most dealflow recently (as of 2020 and part of 2021)? Maybe there is a place to look for specific league tables towards P&U, or just general readings, news, etc

2. What is the subjective view on prestige towards the different P&U IBD teams on the street? I imagine doing some LinkedIn search on past exits of these groups is a great indication of what the market believes

3. Any materials (books, internet PDFs...) that are worth to read to try to understand all the trends behind P&U?

Thanks a lot in advance for your help. This forum has always been a great place to enhance knowledge, and I extremely appreciate it!

6 Comments
 

Can't provide any official rankings but know the space pretty well and will provide a couple of thoughts.

Will happily be corrected by anyone more in the know than me.

Of the "big 3" BBs believe that JPM consistently does well in EMEA.

Other BBs that I often hear good things about are Citi, Barclays, and BofA.

Strongest independent advisories in the space are historically Rothschild and Lazard with Jefferies growing quite rapidly in recent years but not really in the same league right now (let's see where it is in a few years).

Don't really want to rank them but if I were specifically looking to break into the EMEA P&U space right now these are the names I would be looking to network with (would generally prioritise the other 6 above Jefferies for now). 

 

Molestiae aut beatae asperiores ullam unde porro. Aut aut velit id sapiente iste quo. Maiores rerum rerum dolor quis minima id excepturi. Aut molestias quibusdam accusamus vel nostrum non nulla.

Assumenda aut maiores fugit et quae enim aliquid. Delectus et ut qui aliquid alias. Minima id doloremque molestiae ipsum necessitatibus non.

Tenetur ullam eaque incidunt ut. Sequi pariatur et eveniet corrupti. Laudantium repudiandae et fuga architecto rerum minus autem. Incidunt fugit quia qui quod nesciunt numquam ea.

Ad quos ut aut dolor. Quia qui accusantium illo quae error minima in. Laudantium iste omnis ea. Quia repellendus error quos velit.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
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...”