Imagine it is 1920 or so, and you have raised an “automotive transition” private equity fund. Your investors (“limited partners”) are tired of their slow, plodding horses, and want to accelerate the adoption of cars. Ford has been producing the Model T for over a decade, and there are 7.5 million cars on the roads, but there is still perhaps a decade to go before cars become truly dominant. Will you invest in car factories, roads and fuelling stations? Or are you backing the manufacturers of hub cabs, windscreen wipers and hood ornaments?
What counts as an “energy transition” investment?
What counts as an “energy transition…
What counts as an “energy transition” investment?
Imagine it is 1920 or so, and you have raised an “automotive transition” private equity fund. Your investors (“limited partners”) are tired of their slow, plodding horses, and want to accelerate the adoption of cars. Ford has been producing the Model T for over a decade, and there are 7.5 million cars on the roads, but there is still perhaps a decade to go before cars become truly dominant. Will you invest in car factories, roads and fuelling stations? Or are you backing the manufacturers of hub cabs, windscreen wipers and hood ornaments?