Why One Private Equity Firm Is Betting Big On Impact Investing In Renewable Energy
By Gaurav Sharma
The concept of impact investing is hardly new and one that is refreshingly simple. It is simply about funneling investment dollars into companies established with the intention of generating a quantifiable, visible and broadly beneficial social impact alongside a financial return.
Advocates of the practice claim it has the power to change lives and are often found exploring ideas and ventures in emerging markets.
Being typically accustomed to engaging with private equity companies exploring potential opportunities worth billions in the oil and gas business, and especially the U.S. oil patch now that a period of relatively stronger oil prices is among us, your correspondent was intrigued to come across Bamboo Capital Partners (BCP), a Luxembourg incorporated boutique PE firm, pumping millions premised on impact investing into renewable energy.
Photo courtesy of Sudipto Sarkar.