Published:
April 01, 2019
Coverage:
Owning the Energy Transition
Activities:
Acquisition
Further Reading
Overzealous investors will drive cleantech startup valuations in 2021; clients advised to practice more caution in strategic investments
News Commentary | January 22, 2021
Thomson Reuters reported that the share prices of green hydrogen companies have risen by more than 500%, with companies like Plug Power, Ceres Power, and FuelCell Energy headlining the rise. Cleantech ETFs have also grown by up to 200% in the same period as investor interest in cleantech continues ... Not part of subscription
Another multibillion-dollar funding round adds to Rivian's massive war chest
News Commentary | January 22, 2021
Rivian's $2.65 billion funding round comes just six months after the company raised $2.5 billion from mostly the same investors. Rivian is the most well‑funded BEV startup at this point, as it has raised a total of roughly $8 billion dollars, include raising more than $2 billion in 2019, 2020, and ... To read more, click here.
Total aims for 100 GW of installed renewable energy capacity by 2040
News Commentary | February 23, 2021
Total is expected to surpass companies like Iberdrola and Ørsted in total installed renewable energy capacity over the next two decades. While its proposed name change to TotalEnergies is a branding move to disassociate itself from its oil and gas roots, the company has made significant strategic ... Not part of subscription
by Harshit Sharma
Saudi Aramco's $69.1 billion move has been coming and is an example of the size of investments oil companies will make to maneuver the energy transition. Aramco's move insulates it from the volatility of the transportation fuel market as electric vehicles grow in penetration while also giving it a foothold in the commodity chemicals market. The deal will not be emulated by any of Aramco's peers in the near future, primarily due to the weight of investment and the potential threat of oversupply in the chemicals space as Aramco invests $500 billion in the decade ahead. What remains to be seen is where the Saudi Public Investment Fund invests this capital. Similar to the Norwegian oil fund, it will likely be diversified into non-oil sectors.
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