Sources of capital for low-carbon businesses and projects vary by technology type, location and stage of development and execution. How should innovators develop their business activities and structures to attract these different sources of capital at each stage of growth?
Evolving new financial instruments and approaches emerging in response to market dynamics, policy changes, and technological advancements. What bonds, investments, carbon credits, capital and new hydrogen funds are providing the funding mechanisms to develop new hydrogen projects?
Long-awaited climate risk reporting rules from the US Securities and Exchange Commission issued in the days before CERAWeek arrived against the background of high expectations mixed with widespread consternation about the details of the rule. The world’s largest and most sophisticated capital market will for the first time now obligate reporting on material climate risks from large publicly-listed corporations, but the rules also shied away from creating a new reporting process with higher compliance hurdles but arguably greater climate impact. As industry, investors, capital allocators and the global financial and regulatory community absorb the details of the new SEC climate risk rules, S&P Global has gathered a cross-section of experts to discuss initial reactions and map out the diverse pathways for action by affected firms.
Private capital has played an outsized and impactful role in energy transition investing over the past two years. Scaled-up energy transition opportunities emerged at the very moment private capital came to dominate financial deal flow, creating a huge opportunity for private equity and debt firms to deploy long-term investments into the future direction of the energy economy. Will this trend continue? Will private market investors dominate the cleantech-led energy economy? What clean energy technologies are private capital looking at now?
In the past decade, rapid technology changes, regulatory shifts and volatile interest rates have clouded both the economic outlook and the prospective energy mix, heralding a new uncertain landscape for energy investing. Nonetheless, investors and their counterparts are finding ways forward—and have deployed record amounts of capital into cleantech. How do major investors think about risk? How do they view energy transition opportunities? And what are their forecasts for the next big growth areas in energy?
Energy hasn’t been this exciting for investors in decades. Two revolutions are intersecting and creating huge opportunities—cleantech costs have fallen rapidly while financial power in the sector shifted from traditional banks to new investors. Whether corporations investing in their own balance sheets, or private equity players and sovereign funds moving into new businesses, firms are deploying capital across every part of a rapidly changing energy landscape. Learn how these leaders in capital allocation combine the skillsets of traditional energy finance with novel capitalization approaches and balance the requirements of natural resource businesses with breakthrough technologies.
A few years ago, capital was crowding into cleantech on the theory that the energy transition was accelerating on every vector. The picture has since become more nuanced, with fund managers and institutional investors revolving back to a return’s orientation balanced with investment horizon realism. Clean energy project developers are being asked to show cash flow potential, and new technologies need a demonstrable path to market. Short-cycle investors are focused on margins, while long-cycle investors are still attuned to growth opportunities. How do companies, investors and developers craft their strategies in this new multiple choice capital markets environment?
Review key takeaways and valuable insights with the S&P Global Hydrogen team as they summarize the hydrogen opportunities and challenges discussed throughout the week in the Hydrogen Hub.