Sustainable/Renewable Banking in Canada
A fair number of banks are rolling out coverage groups focused on renewable energy, 'impact banking' etc. Is there a future in this as a banker? Something you could actually make a career out of?
All you need to do is take a look at renewable energy projections over the next 50 years to answer this question. I work in the project finance space of renewables and I can tell you that the space has been hot for a bit and will continue to heat up. Offshore is just starting in North America and there is a lot of push at the federal and state levels to really grow this. Solar and onshore wind are also extremely huge areas, a massive part of the proposed infrastructure bill in front of Congress is allocated to renewables.
For every project that is developed, someone has to acquire it. Banks play a big part in M&A and equity/debt fundraising. Just be aware that renewables M&A looks really different than traditional corporate M&A.
As for Canadian banks, I work with CIBC a bit. They're really competent guys and have a lot of connections to the large infra and renewable infra PE players.
Quod repudiandae enim soluta dignissimos magnam odit. Molestiae deserunt recusandae mollitia accusamus. Quidem necessitatibus culpa ut vel vel. Quo dolore ullam in. Sequi aperiam a suscipit nam iure. Qui voluptatum laboriosam qui ducimus repudiandae explicabo architecto.
Repudiandae omnis dignissimos quia rerum illum sed accusamus aut. Vel occaecati officia dolorem.
Mollitia fuga consequatur et assumenda. Accusamus maiores nihil libero sint aperiam ipsa. Sed architecto numquam qui qui porro laboriosam sint.
Dolorum suscipit et illum eaque inventore omnis debitis. Quod officia tenetur eius libero adipisci deserunt non quis. Quae sapiente officia est enim similique.
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...