Our Planet Climate and Geopolitics
Is panic over Donald Trump’s anti-green agenda overblown? Maybe.
Brookfield, an asset manager that is one of the world’s largest owners of renewable power sources, says there are bargains to be found in this out-of-favour sector.
“The difference between public market valuations and private market valuations in this space is very large right now,” Brookfield’s president Connor Teskey tells the FT.
He adds that Trump’s policy focus on industrialisation is creating a growing demand for electricity in the US, while large technology companies are looking to acquire “more clean power than ever before”.
In the last quarter Brookfield raised $3.5 billion for its second fund targeting “energy transition”. Its predecessor raised $15 billion.
