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Stock impact report

How KKR plans to chase dollars and emissions at once [Yahoo! Finance]

Brenmiller Energy Ltd (BNRG) 
Company Research Source: Yahoo! Finance
explicitly targeting the emissions savings of its investments would actually be counterproductive, its co-head of global climate said in an interview. The remarks by KKR's Emmanuel Lagarrigue — he argued emission-reduction goals risked investors over-concentrating on limited technologies, and ultimately undermined the case that the energy transition was sufficiently profitable on its own — came in a wide-ranging conversation setting out KKR's approach. Lagarrigue also said the firm is targeting what climate-tech companies call the “valley of death,” with a focus on rich countries. “It's really about decarbonizing high emission sectors and high emitting economies,” he said. “When you have completely derisked your technology, you have validated your unit economics, you start generating a few serious cash flows, you have created entry barriers — usually, when you reach that point in climate, you need a lot of money just to get started, just to execute on whatever agreement you just Show less Read more
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