Do you make financial investments in clean energy? Maybe you’re managing your own 401(k). Or perhaps you’re a professional, looking to broaden your clients’ exposure in this space. In either case, let me tell you about what I’ve been up to recently.
Over a year ago, I began to promote a novel idea: at no cost or obligation, I promised to review any business plan that proposed a business solution in clean energy, electric transportation, or any product or service aimed at sustainability. I didn’t realize at the time that I would soon be on the receiving end of many hundreds of concepts.
Now it probably comes as no surprise that the vast majority of these ideas are not what anyone would call “investment grade,” to put it politely. In fact, as suggested in this list linked here, I recommend only a dozen or two of those many hundreds – about 3%. Based on my conversations with the principals, each of these seems to me to represent a real opportunity: a solid business concept backed by a seasoned management team at the helm.
Do such investments contain risk? Obviously.
Do I guarantee that all — or any — of them will succeed? Certainly not.
Is your own due diligence required? Absolutely.
But if any of them pique your interest, please let me know. If you’re serious in considering involvement, I’ll arrange a three-way call.
Here’s that link again.