Sinking ship - throwing you a life vest - Anonymous employee Deriva Energy Employee Review

1.0
3 Feb 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Good 401(k) plan and decent pay

Cons

This company is a sinking ship. I’m writing to throw you a raft—whether you’re thinking about joining or trying to decide if it’s time to leave. The culture is hostile, insular, and unnecessarily secretive. Management and coworkers routinely ice people out of conversations and behave as if we’re working for the federal government—everything is treated like classified information, even when transparency is necessary to do your job well. There is a pervasive “country club” atmosphere that you don’t sign up for and are never truly welcomed into. I personally experienced microaggressions that were brushed off or normalized, reinforcing the feeling that if you don’t fit a very specific mold, you’re on the outside looking in. If you’re looking for annual cost-of-living adjustments, look elsewhere. Compensation does not keep pace with reality, and raises are not aligned with effort or performance. Hard work is routinely ignored. People who do the bare minimum are promoted year after year, while high performers are left stagnant with no clear path forward. Career development is essentially nonexistent—if your goal is growth, this is not the place. If you’re a woman and want to join a boys’ club filled with mansplaining, this is the place for you. If you enjoy being undermined by coworkers, having your ideas dismissed, and watching others take credit for your work for personal gain, you’ll fit right in. Coworkers regularly take credit for others’ work, and leadership either enables it or looks the other way. The audacity of leadership pursuing a “Great Place to Work” designation while employees are overworked, underpaid, and openly unhappy is staggering. The disconnect between leadership’s self-image and employees’ lived experience could not be more obvious. If you want to remain stagnant, underappreciated, and excluded, this company may be a great fit. If you value transparency, equity, growth, and basic respect, consider this your warning.

Explore other reviews about Deriva Energy

5.0
13 Apr 2026
Recommend
CEO approval
Business outlook

Pros

- Company gives you opportunity to step up outside of your role (if wanted) - strategic environment with collaborative environment - ability to shape culture - Legacy utility mindset finally being removed, replaced with high performers that are looking to operated in a Private Equity structure

Cons

- Legacy mindset from prior Utility ownership - IT Group could use improvement

1.0
23 June 2026
Anonymous employee
Recommend
CEO approval
Business outlook

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.

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