We were thrilled to gather?thought leaders?from the climate ecosystem in New York this week to advance critical conversations on industrial decarbonization.?
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Three takeaways from the dynamic discussion:
1. There is tremendous excitement surrounding this sector, and while it may take time, both public and private?capital is available, willing and eager to be deployed. Most panelists felt capital is flowing to companies to fund incremental progress vs needing to underwrite major technical risk and/or changing customer behavior. The IPA team is well-positioned to help our clients navigate the challenging funding environment
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2. Panelists are excited about interest rate cuts?helping advance IPO opportunities and making typically capital-intensive industrial decarbonization projects more affordable. In particular, renewable energy generation required to implement many industrial decarb technologies should become cheaper in a lower-interest rate environment.?Impact may be less immediate in venture capital, which tends to focus more on?technology investments?rather than large-scale infrastructure
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3. Start-ups focused on decarbonization should prioritize?assembling the right team and a deep understanding of their customer base.?It is critical to prepare solutions for a diverse range of customers while maintaining a vigilant focus on cash flow.
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Olga Polunina and Kristofer Holz at IPA moderated the discussion led by our incredible panelists, including:
Leslie Biddle – Office of Infrastructure, U.S. Department of Energy
Bernard Noble – ClearSky
John Skrinar – Cresta Fund Management
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We’re deeply grateful to Megan Ridley-Kaye, Andrew Patterson and the team at Hogan Lovells LLP for co-hosting this impactful gathering.
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#Decarbonization #Cleantech #Sustainability #RenewableEnergy #GreenHydrogen #Microgrids #EnergyStorage #ClimateTech #Innovation #ClimateWeekNYC
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