Renewable energy in Houston?

Is Houston a good place to do ib if you're interested in renewables/cleantech long term? I know nyc is better for power and utilities, but it seems like many of the Houston banks are beginning to touch cleantech deals. Are there any good cleantech/infra pe shops in Houston? If not, is it possible to exit from Houston to such funds in nyc or other cities? 

 

Most banks that do energy will also do renewable energy deals. But you would be mostly working on Oil and Gas deals. Like 90% oil and Gas and 10% renewables. From what I have seen there is no banks that have renewable divisions in Houston except an MD that focuses on that and junior staff in a segment like downstream, midstream, E&P, and services getting staffed on those deals.

 

Ya I figured that, my question is more about exit opps. If you're starting out working on 90% O&G is it possible to exit into renewables (corp dev or infra pe or something like that)? Are there any decent exit opps in Houston related to renewables or are they all in nyc?

 

Earum rerum omnis eaque fugiat. Id tenetur suscipit pariatur molestiae laborum libero labore.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 17 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (94) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.8
10
Linda Abraham's picture
Linda Abraham
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...”