Revolutionaries unite!
Generate Capital PBC seems to have attracted a diverse group of institutional investors for its latest round of capital raising.
It's especially noteworthy to see long-term investors like CalSTRS and HESTA supporting sustainable infrastructure who have offered keen insights at previous RAO conferences.
With the addition of this capital infusion, Generate Capital PBC can continue to finance and manage sustainable infrastructure projects that play a key role in building a more sustainable future.
“Our strategic partnership with Generate Capital aligns with our mission to deliver superior financial returns for our portfolio while creating demonstrable positive outcomes for the environment and society,” said Kirsty Jenkinson, CalSTRS’ director of sustainable investment and stewardship strategies, in a release.
The $1.5 billion increases the total capital raised by Generate to more than $10 billion since its inception 10 years ago. However, Generate Capital CEO Scott Jacobs said this was far less than what is needed.
“We need to invest trillions, not billions,” Jacobs said in a release. “Ten billion dollars is just a start.”
Generate Capital PBC's platform seems to have a comprehensive approach to investing in sustainable infrastructure. By engaging in the development, financing, and incubation of infrastructure assets and companies, they contribute to the transition towards a clean energy economy.
It's impressive to see the impact they have made since their launch in 2014. Working with numerous project development and technology companies, Generate Capital PBC has facilitated sustainable power generation and waste management, making a significant contribution to sustainability goals.
The joint venture with Blue Bird Corp., called Clean Bus Solutions, is another exciting development. By helping school districts transition to electric school buses and providing the necessary charging infrastructure, Generate Capital PBC is supporting the adoption of clean transportation solutions.
Overall, Generate Capital PBC's work is essential in building the critical infrastructure required for a sustainable future. They recognize the urgency of taking action and emphasize the need for collective efforts to create a livable environment for future generations.
A trip around Generate Capital’s website quickly reinforces the purpose and achievements and is well worth a visit for anyone keen to join the big names in shaping future investment opportunities. Take a look at the home page which provides links under the heading; What we build, own, operate and finance. Get comfortable, it’s an impressively long list for a relatively new Infrastructure Provider.
About
Founded in 2014, Generate builds, finances, owns and operates sustainable infrastructure to deliver affordable and reliable resource solutions for companies, governments, and communities.
Generate is the one-stop shop offering technology and project developers pioneering the Infrastructure Revolution the tailored funding and support they need to get projects built. Specifically, Generate partners with over 40 technology and project developers and owns and operates more than 2,000 assets globally, across the clean energy, transportation and waste and water sectors.
With an Infrastructure-as-a-Service model, Generate serves over 2,000 customers, companies, communities, school districts and universities. Together, we are rebuilding the world.
Generate is a Public Benefit Corporation. We build, own, operate and finance assets in: -
Sustainable Energy (microgrids, solar, energy storage, lighting, HVAC systems, fuel cells, geothermal, biomass & biogas, building automation & sensors, heat pumps, smart meters) - Sustainable Mobility (electric vehicles, hydrogen vehicles, autonomous vehicles, charging depots & infrastructure, fleets) - Sustainable Water, Waste & Agriculture (anaerobic digesters, wastewater treatment, desalination, food waste management, recycling/reuse, precision agriculture, farm automation, irrigation, sensors & meters).
To join the Infrastructure Revolution, visit generatecapital.com.