Generate

Building community is more important than ever as the #EnergyTransition stands at a pivotal juncture. Generate CEO and Cofounder Scott Jacobs hit the road this past quarter to participate in energy community convenings across the world, including in Davos during the World Economic Forum #WEF (watch here: https://lnkd.in/gpM8-nrQ), in Berlin for the Infrastructure Investor Global Summit, and in San Francisco for events with Confluence Philanthropy and the Commonwealth Club World Affairs (watch here: https://lnkd.in/gKKhcBH6). In case you missed it, Scott penned an open letter to energy transition leaders earlier this year, exploring how leaders in this space can navigate the current economic landscape. Read it here: https://lnkd.in/gUsE5vVT

Too often, decisions about investing in infrastructure solutions center on spreadsheets that capture only economics and costs. While having strong economics is key, it won’t solve the problem of scaling new technology-based projects singlehandedly. In our latest Expert View article for Generate: Intelligence, Nam Tran Nguyen discusses the people and process considerations – which she calls the “operator’s mindset” – that often are the difference between success and failure for infrastructure projects. Read it here: https://lnkd.in/gjX3j-5f

The March edition of our Generate: Intelligence newsletter is now available on our website! This month, we’re looking at the latest market data for solar, energy storage, and LNG, as well as tracking the newest developments of the Trump administration’s energy dominance agenda. Our latest expert view by Generate COO Nam Tran Nguyen explores why investing with an operator’s mindset is key for navigating the challenges that come with infrastructure projects. Read the newsletter online: https://lnkd.in/gBvGQ-FQ Subscribe to our Generate: Intelligence newsletter for our team's analysis: https://lnkd.in/g95r2_md #SustainableInfrastructure #EnergyTransition

Generate’s Scott Jacobs is participating in a panel exploring “The Energy Transition Challenge” this Thursday, March 27 at Commonwealth Club World Affairs in San Francisco. Scott will join panelists Mekala Krishnan of McKinsey Global Institute and Katrina Rymill of Equinix, and moderator Mark Patel of McKinsey & Company to discuss the global #InfrastructureTransition’s physical, technical, and financial complexities as well as the innovative solutions that can help us secure a resilient and sustainable future. Learn more and register: https://lnkd.in/geyzvVHp

Generate’s Scott Jacobs joined energy and infrastructure business leaders and investors from around the world at the Infrastructure Investor Global Summit in Berlin last week. Scott participated in two main-stage panels, "Navigating Through a Changing North American Landscape" and "Keeping Track of Technology Development in the Energy Transition," where he explored the economic value propositions driving the #InfrastructureTransition and the many proof points that #SustainabilityPays. #IIGSummit

Earlier this month we marked a major milestone with Pacific Steel Group, launching construction on a new steel mill in Kern County, CA. Now, as the first foundations are laid, we’re doubling down on what this project means: ✅ Nearly 700 local jobs in the first five years ✅ An 85% reduction in emissions from using steel in California We’re proud to be a partner to Pacific Steel Group, who will help accelerate the shift to lower-carbon materials while strengthening local economies. #InfrastructureTransition #GreenSteel #SustainableInvestment

We’re thrilled to welcome Paul Ross as our Global Head of Investor Solutions, a key role on our Capital Formation team. Paul joins Generate with more than 20 years of experience in financial services, most recently having served as Head of the Investment Engine at Bridgewater Associates. His experience navigating complex financial markets and fostering strategic investor relationships will prove invaluable as Generate continues to scale and provide investors with mission-driven infrastructure investment opportunities. Welcome to Generate, Paul! Learn more: https://lnkd.in/gkhqRbBK

Generate’s Scott Jacobs delivered a keynote address at the Confluence Philanthropy Practitioners Gathering. Scott’s speech centered on a key component of Generate’s thesis: “Proof, not promises, that sustainability pays.” This phrase has served as a guiding tenet throughout Generate’s decade in business, and it remains so as we enter a new era with a shifting macro-economic landscape. We’re grateful for opportunities, like those with Confluence Philanthropy, to meet with partners similarly focused on mobilizing the capital and scaling the projects needed to rebuild the world.

In the latest edition of The New York Times' Climate Forward newsletter, our CEO and Cofounder Scott Jacobs weighed in on the momentum fueling the energy transition, even amid the shifting policy landscape. Scott discussed the market mechanisms driving the adoption of resilient, sustainable infrastructure – from the need for renewables to help meet surging electricity demand to the global transition to #EVs. Read the full newsletter here: https://lnkd.in/eJ3JteBk #InfrastructureTransition #SustainableInvestment

In this month’s edition of our Generate: Intelligence newsletter, we track the latest data stories shaping the #EnergyTransition: Corporates in the US procured more renewable energy in 2024 than ever according to a new report from BNEF and the Business Council for Sustainability. Some 28 GW of corporate PPAs were announced in the US in 2024. Technology companies led the way but a record 184 deals were signed in the market from 64 different offtakers. https://lnkd.in/gNP3jYGm Recent developments in Texas demonstrate that load growth remains tricky to meet with gas: some 20% of gas capacity in the Texas Energy Fund awarded in 2024 has since dropped or been rejected. Meanwhile, battery capacity continues to grow in ERCOT, with nearly 8,000 MW of battery capacity coming online in the last five years. https://lnkd.in/geGzq4Te US clean energy and transportation investment in Q4 2024 reached $70 billion, a 6% increase from Q4 2023. Total clean investment increased 16% YoY in 2024 to $272 billion, though figures from Q4 reveal quarter-over-quarter growth is slowing. https://lnkd.in/gAGCAW_7 The 2024 tax credit data is in, and the 2024 tax credit transfer market exceeded Crux’s forecast for total deal volume, more than tripling 2023 transaction volume to total nearly $30 billion. Advanced manufacturing accounted for 34% of the 2024 tax credit market. https://lnkd.in/gKazbSXw Read more of our team’s data insights: https://lnkd.in/ge-i2mxt Subscribe for more Generate: Intelligence energy transition analysis: https://lnkd.in/g95r2_md