Eric Withrow, CFA - Managing Director - U.S. Power & Utilities ...

Managing Director at Scotiabank · Dedicated investment banking professional with 25+ years of experience across multiple industries. Coverage has included a diverse group of Power & …

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Truist Hiring VP - Investment Banking - Power, Utilities ... - LinkedIn

3 weeks from now

Senior investment banking professionals are expected, over time, to generate a balanced mix of M&A, debt and equity capital raising of $7 million to $30 million subject to the attributes of their ...

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FAQs about Eric Withrow, CFA - Managing Director - U.S. Power & Utilities ... Coupon?

What is power & utilities investment banking?

We’ll get into these fun developments, but I want to start with the basic definitions: Power and Utilities Investment Banking Definition: In power/utilities IB, bankers advise companies that produce, transmit, and distribute electricity, natural gas, and water on raising debt and equity and completing mergers and acquisitions. ...

Is the power & utilities investment banking team 'boring'?

The power & utilities investment banking team has a reputation for being “boring.” Traditionally, the sector was viewed as a defensive play for investors who wanted stable dividends and no drama. That is still true for the average company in the industry: it is more defensive than something like technology or financial institutions. ...

How do banks classify power & utilities?

Different banks classify their power & utilities groups differently. For example, Goldman Sachs puts it in “Natural Resources” or “Public Sector and Infrastructure,” JP Morgan puts it in “Energy,” it’s a separate group at Morgan Stanley, and there’s a “Power, Utilities & Renewables” group at Bank of America. ...

How does monetary policy affect utility companies?

Interest Rates and Monetary Policy – Loose monetary policy, such as lower interest rates and expansion of the money supply, tends to benefit utility companies because they can finance their capital expenditures at lower rates. ...

Why do utilities benefit when economic growth weakens?

Utilities often benefit when economic growth weakens because a recession hurts them less than other industries. Demographics – Population growth and demographics are the most important long-term drivers that affect utility demand. For example, is the birth rate rising or falling? What about the new household formation rate? ...