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Sep 29 2022

‘It’s a good time to be a banker’: RE+ panel reports massive growth in corporate investment in renewables

Utility Dive, September 29, 2022 — As competition between investors has grown, the kinds of projects they’re willing to entertain has also expanded. Individual wind and solar projects have captured most of the private investment to enter renewable energy to date, but the latest wave of capital has shown growing interest in new options such as offshore wind, energy storage and even electric vehicles, according to David Felix, senior director of energy development and strategy at Inspiration Mobility. Private investors have also expressed more interest in projects at earlier stages of development, said Eric Stam, senior director of structured finance at Sol Systems. But most investors have so far stopped short of buying the development platforms themselves, he said.

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