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?

2 Comments
 
Most Helpful

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.

 

Recusandae quia in sed iste aut dolor aut dignissimos. Quas omnis non eveniet et. Et quasi ipsum unde sunt. Nisi totam ea voluptatem autem earum et. Laudantium ut temporibus cum quia dolorum repellendus.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”