At a glance
- The first template is already in the market: Standard Life said last month it would anchor €80 million of debt financing for EZO, an Irish EV charging operator, provided by Aberdeen Investments.
- For investors, the target requires underwriting long-duration, capital-intensive assets such as grids, storage and generation.
- Moving from roughly 23% to 35% adds 12 percentage points of final energy consumption to electricity in nine years.
COP31's presidency set a target of 35% of final energy consumption from electricity by 2035, up from roughly 23% now, as the summit opened in Antalya on Nov. 9, Net Zero Investor reported.
The first template is already in the market: Standard Life said last month it would anchor €80 million of debt financing for EZO, an Irish EV charging operator, provided by Aberdeen Investments. The firm described it as Standard Life's first infrastructure debt transaction in EV charging.
For investors, the target requires underwriting long-duration, capital-intensive assets such as grids, storage and generation.
Moving from roughly 23% to 35% adds 12 percentage points of final energy consumption to electricity in nine years. Grids, as Private Wealth Daily previously reported, are where transition capital binds.
Reported by the Transition Finance desk from Net Zero Investor. Published . Corrections