Power & Utilities - Top Firms

Hey Everyone,

First time poster here, so please excuse if I may have overlooked any past relevant threads. 

I am in the process of developing a deeper understanding for the IB and Developer opportunities within the Power & Utilities industry. What are the key players within this sector and what is the best strategy for penetrating associate position opportunities within such firms? For background, I am a Project Engineer (Engineer/Project Management Role) for a leading Engineering Consultant firm servicing the Power & Utilities sector. My ultimate goal is to transition to a role targeted to support the business strategy & financing of large infrastructure projects. 

This is a very high-level and preliminary question, but to further expand on my first question: What Associate/1st Year opportunities in this sector are there for MBA graduates from a top 10/25 ranked school? I'd like to start creating a list of key firms rooted in this industry and target roles for post-MBA employment. 

Thanks!

14 Comments
 

Wells Fargo’s Energy and Power coverage group is also phenomenal, definitely one of their strongest coverage groups per league tables as long as you don’t mind working in Charlotte/Houston. 

 

Would say they are definitely solid and do deals, but not premier.

Premier today imo: GS, MS, Barc, JPM, Citi, BofA, EVR, LAZ, Gugg, Roths, RBC

Solid: Marathon, Nomura Greentech, MacCap, Jeff, Wells, Key, Scotia, Cohn, others

I know this list seems stupid long but there’s just that much dealflow to go around in recent years.

 

Analyst 2 in IB - Cov

Working in the industry, here are the league table rankings for 2020 MLA:

1. MUFG

2. SMBC

3. Mizuho

4. Societe Generale

5. BNP Paribas

6. Santander

7. Credit Ag

8. Bluebell

9 Groupe BPCE

10 HSBC

Since when did Bluebell Ice Cream participate. Their main focus is being the best ice cream manufacturer.

 

Voluptas voluptas velit qui et mollitia. Molestiae voluptatum quibusdam vel nihil est et quidem aspernatur. Illo et facere enim aut et quo.

A dolorem placeat eligendi ipsam. Reiciendis aliquam quos sapiente laboriosam fugit.

Exercitationem ut dolor voluptatem eaque ducimus voluptatum. Et sapiente nostrum fugit. Aliquid ut sed occaecati adipisci. Voluptas ratione sequi sunt ipsam veritatis cumque. Ab perferendis ratione velit quo provident eligendi.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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

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...”