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Perceived pros- power sector transaction knowledge (assuming that a marketable skill/knowledge), some
Pay raise
Perceived cons- way smaller company, leaner teams, PE ownership(biggest scare)
Pro
All the cons (except PE ownership) I consider positives, personally. I think you’re missing the biggest likely con, which is worse WLB at a smaller operation. But it’s still nothing like working in biglaw. So yes, I’d probably make the move to get the experience if it’s the industry you want to make your career. But make sure you’ve gotten everything you want out of the F500 first.
You speak to my feelings/minds tbh. Appreciate your perspective and comments. Thank you v much.
I doubt they only want you to do one thing unless the job is not on the promotion track. If it is being sold as only a contract review position, it is probably not on the promotion track. Think document review attorney at a litigation firm. I don’t understand how a small power generator is F500.
Sorry if my Q wasn’t clear enough. The proposed move is from a F500 doing contracts to a small power company.
Also, I disagree about the private equity stuff. The best job I ever had was at a company that was owned by a pe firm whose name rhymes with rackzone. People make money in times of disruption.
Oh really- good to hear you had a great experience with PE owned Co. that’s encouraging.
Is it to an IPP? Are they in regulated or unregulated markets? Are they focused on wind and solar?
I think unregulated is a lot more fun. I support regulated businesses also. For a PE owned shop, I would want to know how long they have been developing, how much of their pipeline is contracted vs non contracted, are they building sites merchant or with power purchase agreements, how do they fund their construction (tax equity, equity issuance, project debt), how do they protect against supply shocks