1. Coal-to-X
Coal is both an essential component of the U.S. energy grid and significant opportunity to decarbonize economically. We track emissions of all utilities in North America and engage companies with a targeted approach to transition from coal-based energy to clean, renewable energy sources such as wind, solar, and nuclear power while lowering customer costs and increasingly value. T

2. Small Cap Public Ventures (SPACs)
During 2021-22 a wave of SPACs related to energy transition were imbued with capital and SG&A to grow their businesses. Today they are at a discount. We target companies with real assets and undervalued infrastructure in sub-sectors that are critical to the energy transition with downside protection and capable management teams.

3. Sum-of-the-parts Discount
With an abundance of private equity capital pursuing energy transition deployment, we seek to reflect on public markets the opportunities that exist in private markets. We analyze companies for undervalued components to their business that don’t yet reflect the potential value or opportunity in energy transition