Eoin Ó hÓgáin | Partner and Chief Investment Officer, Power Sustainable

2024-08-02

What does it take to scale sustainable technologies from promising ideas to world-changing solutions? That's the challenge at the heart of today's discussion on sustainable energy and climate innovation. Today, we're thrilled to have Eoin Ó hÓgáin, Partner and Chief Investment Officer at Power Sustainable, joining us.

With over 20 years of experience in the energy and climate sector, Eoin brings a wealth of knowledge from his roles at Morgan Stanley, McKinsey & Company, and now Power Sustainable. He'll share insights on the evolution of renewable energy, the challenges of scaling sustainable technologies, and the exciting innovations in areas like food waste reduction.

In this episode, we'll dive into Power Sustainable's ambitious plans to scale up investments from billions to trillions, explore the changing landscape of utilities and renewable energy, and discuss practical advice for aspiring entrepreneurs in the sustainability space.

Get ready for an enlightening conversation that spans from cutting-edge agritech to the future of infrastructure equity. As we unpack the technologies and strategies that are shaping a more sustainable world.

Show Notes:

[02:20] -  Eoin has been in the energy and climate space for over 20 years. His first foray into the sector was when he began working for Morgan Stanley.
[04:00] -  After getting his MBA, he worked for McKinsey & Company mostly in the energy space.
[05:06] -  There isn't a utility in the country that hasn't embraced renewables and has some type of program for storage and energy efficiency.
[06:26] -  Power Sustainable is going to scale up from the billions to the trillions. This is why they're in private equity and infrastructure debt.
[08:21] -  Utilities are stakeholders in the energy system. Twenty years ago there was a significant degree of cynicism about renewable energy.
[18:22] -  They have a private equity strategy on the agra foods side. One of the projects they are tackling is food waste which is 8% of the global greenhouse gas emissions.
[19:38] -  They're working on a powder that can turn food waste into food for your plants.
[20:41] -  The technologies are there, it's just a challenge to get them in the hands of people who will use them.
[22:28] -  The investment teams are trying to hit a return target while having a climate sustainability impact.
[23:48] -  The challenge with infrastructure equity is to supply enough capital and scale it up.
[25:07] -  How the investment landscape has evolved since the founding of Power Sustainable.
[29:42] -  It's exciting that we can see and feel the impact of these initiatives. There are astonishing technologies and businesses that deserve to be supported.
[30:45] -  Keep end users front and center. It's unlikely a project will get to scale if people can't see the benefits for themselves.

Links and Resources:

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