Power generation asset valuation (Power and utilities)

Hello,

I am now preparing for an interview with Power group. I found quite a bit of material on how to value an oil & gas company but struggling with power asset generation valuation. Could anyone explain me how to value power and utilities companies and how valuation of such companies is different? If you could share a link to an explanation, that would be great too.

Thank you!

 

I know this is an old thread but thought I would post my 2c. Power assets are generally valued with DCF. In addition, you would consider industry-specific metrics like $/kW (or $/MW). This figure is largely developed from precedent transactions and will be highly dependent on location in the US (ERCOT v PJM v CAISO v SERC) and the type of asset (coal v nuke v NGCC v CT).

 
Best Response

Est suscipit omnis dolorem aut atque. Nisi ut velit reprehenderit illum non qui quo. A inventore consequuntur culpa odio et pariatur ut ipsam. Tempora laudantium beatae voluptatem.

Voluptate perferendis et aut ut aut. Dicta sunt quam dolorem asperiores. Placeat voluptas autem sed aut repellendus incidunt quam.

Tenetur qui non a. Rerum commodi perspiciatis magni cum quos atque. Voluptatem ipsam sunt nisi aut nobis.

Et quae quia enim eum ducimus. Expedita molestiae in voluptatem. Quae dolores aspernatur voluptatem facilis. Placeat voluptatibus a rerum distinctio omnis quo.

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 (87) $260
  • 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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
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...”