The Phoenix Fund invests in US -based renewable energy firm United Wind
Amit Khanna
Negotiating complex transactions and Investing in opportunities are my passion and my work. Supporting creative talent in the field of Fine Arts, Culinary Arts and Visual Media in gaining global prominence.
Harnessing natural clean sources of energy becomes increasingly important as the finite non-renewable sources continue to deplete. The environmental costs of emissions of non-renewable energy sometimes far outweigh the momentary dips in prices which makes them affordable. With this in mind, we have taken our first step towards focusing towards clean energy. Water, wind, solar, batteries shall drive the future sustenance sources for mankind to continue to consume energy while keeping the environment intact. The roll out of each source hinges on several parameters such as government regulation and support, commercial viability for the supplier, customer acceptance and affordability for the customer.
United Wind (UW) has a unique model through which they lease wind turbines and provide turnkey solutions to residential and commercial owners to benefit from clean energy without the upfront costs. The user pays zero down payment, takes on lease the wind turbine through financing arranged by UW and by ensuring the success of the turbine on their land through inputs from UWs proprietary Wind Analytic Software they guarantee 20 years of wind energy with maintenance built in. The user does not invest anything upfront, pays the lease bill which is lower than their current utility bill hence saving money and does not have the headache related to purchase of turbine, maintenance, assessment of wind quality etc. A solution delivered to the customer on a turnkey basis resulting in environment friendly energy production with a saving to boot.
Our investment philosophy in this venture has to do with long term increasing demand of such a service along with the positive environmental impact that UW shall make for its customers around the world. The possible expansion of this service to emerging markets like India will hold a greater promise of global roll.
#cleanenergy #unitedwind #thephoenixfund #windenergy
co-founder at RightHand Robotics, Inc.
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Head of Finance
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