Currently recruiting for a SA 2025 position and have found interest in P&U/Renewables/Infra IB and would love to hear from current bankers or former bankers in the space on helpful ways to learn more about the industry. Would also love to hear top groups in the BB and MM space and what culture is like. Any help is greatly appreciated!
| +225 | Investment Banks Ranked By Your Divorced Blue Collared Uncle | 17 | 13h |
| +157 | Think Twice before Recruiting for HOUSTON IB!! | 65 | 3d |
| +141 | UBS Exits 2026 | 39 | 12h |
| +69 | Congrats on the ROs. I Still Don’t Know Which One You Were | 8 | 21h |
| +39 | Did not get a return offer due to headcount, but happy to move on. | 8 | 1d |
| +38 | IB RO Discussion | 8 | 7h |
| +29 | Getting a BB job just for brand name? | 5 | 12h |
| +29 | Lied about bonus to future employer | 17 | 15h |
| +28 | Early VP promo timeline | 15 | 2d |
| +26 | Dislike my analyst class | 20 | 4d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Based on the most helpful WSO content, it seems like you're on the right track with your interest in Power & Utilities (P&U), Renewables, and Infrastructure Investment Banking (IB).
For learning more about the industry, I'd recommend diving into the WSO Courses and WSO Academy. They offer a wealth of knowledge on these topics. You can also follow recent deals in the industry, as this will give you a real-world understanding of the dynamics at play.
As for the top groups in the BB and MM space, it appears that Macquarie, Evercore, and RBC are well respected in the industry. Other banks like WF have their teams in Charlotte, RBC has a few folks in Houston, and Guggenheim has a few people in San Fran.
The culture can vary from group to group, but generally, it's a collaborative environment with good deal flow. However, it's always a good idea to network with current or former bankers in these groups to get a firsthand account of the culture.
Lastly, don't forget to brush up on industry-specific multiples like rate case multiples, which are commonly used in this sector.
Remember, the journey to high finance offers is a marathon, not a sprint. Keep learning, keep networking, and you'll get there. Good luck!
Sources: Top Power/Utilities/Renewables Coverage Groups, Q&A - Infrastructure PE & IBD, Power/Utilities/Renewables IB, https://www.wallstreetoasis.com/forum/investment-banking/ib-pu-vs-infra-project-finance-teams-for-infra-pe-recruiting?customgpt=1
Bump
Rerum voluptatem impedit illo nam quia. Ratione saepe dolor nulla et. Commodi error asperiores ipsam impedit.
Consectetur aliquam voluptatem aut enim. Est veniam iure eos quasi rerum non.
Necessitatibus optio qui a voluptates. Sit aut recusandae exercitationem exercitationem dignissimos enim. Atque est totam nulla non in.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...