What is typically sought
- Development capital
- Platform and corporate equity
- Construction capital
- Project equity
- Portfolio and asset acquisition
- Growth capital for developers
Sectors / Renewable Energy
Renewable Energy
The energy transition is a capital formation problem long before it is a technology problem.
Overview
- Generation
- Storage
- Grid
- Development
- Construction
- Operating assets
Renewable generation is now built at industrial scale in most developed markets. The binding constraint is rarely engineering. It is the availability of capital prepared to sit in a particular part of the structure, at a particular point in the asset life, on terms both sides can live with.
Those pools of capital do not behave alike. Development capital is scarce and priced accordingly. Construction capital is cautious and heavily conditioned. Operating assets attract a deep and competitive market. Most developers we speak to are not short of projects. They are short of the specific capital that matches the stage they have actually reached.
Juliet Rose reviews opportunities across generation, storage and the infrastructure that enables both. Where an opportunity is credible and the requirement is clearly defined, we introduce it to capital sources whose mandates fit. We introduce. We do not advise.
Capital requirements
Assessment
What we look for
- Site control, or a defined route to it
- A grid position with a credible connection date
- A team that has delivered comparable assets
- A defined capital requirement and use of proceeds
- A financial model that survives scrutiny
- A realistic consenting and delivery timetable
Capital sources
Where introductions are made
- Infrastructure funds
- Dedicated energy and transition funds
- Family offices
- Strategic and corporate investors
- Private credit
- Development capital providers
Categories of capital, not named relationships. Fit is assessed against stated mandate on a case by case basis.
Seeking capital
Raising for a renewable energy opportunity
Tell us the stage, the amount, the instrument and what the capital funds. Where the requirement is defined and the evidence exists, we will tell you quickly whether we can be useful.
Capital partners
Investing in this sector
If your mandate covers renewable energy, set out the criteria you apply. Introductions are made only against them.