Pros
High-profile-looking office with free snacks
Cons
I was a legacy Duke Energy Renewables employee before it was sold to Brookfield and became Deriva Energy. In the two and a half years I spent at Deriva, I witnessed incompetency and toxicity on a level I wasn't aware was possible.
Deriva Energy is not an energy company. It is a private equity firm. And, I mean that as the pejorative that it is. The aim, the vision of the company by my account seems to be a race to the bottom. What's the least we can invest in our people, in our infrastructure? What's the worst treatment that they'll tolerate? How many can we afford to watch walk out the door?
I saw play out across multiple teams leadership setting unrealistic goals, burning out their talent until they left, and refusing to backfill them until work eventually ground to a halt. Over the course of 6 months, everyone in the org chart between myself and the CEO turned over.
I witnessed a director undermine and sabotage the work of the managers beneath them to the point where all of their direct reports quit and an entire department was left without leadership. Executive-level management saw this and refused to step in. I refuse to believe anyone in C-suite cares.
I think that's enough to paint a picture of the culture and state of Deriva Energy. If you're considering applying, please do yourself a favor and exhaust all other options before accepting a position here.