Utilities clearly have their backs to the wall. Investors talk about utilities being caught in a “death spiral” and in Europe utility executives bemoan the “worst structural crisis in history”. And yet, at Gimv we are tremendously excited about investment opportunities in the energy sector, opportunities that have their roots in the very real crisis currently playing out in the sector. That is because the crisis is at base a business model crisis. Energy provision itself is more important than ever, but the traditional business model and those who pull its strings are on the wane.
Lampiris and Itineris - Opportunities in a disrupted energy market