Our Managing Partners Navin Chauhan and Eduardo Monteiro were pleased to speak with Shaun Beaney at Preqin for their latest First Close Q&A piece - 'Investing in the energy transition, private markets, and the ‘missing middle’.
The article highlights a critical challenge they see firsthand: while capital is abundant at the venture and large-scale infrastructure ends of the spectrum, growth-stage energy transition assets often struggle to access appropriately structured capital.
In today’s macroeconomic environment, where public markets are volatile and traditional financing channels are tightening, private markets have an increasingly important role to play in bridging this gap and enabling scalable, resilient energy solutions.
We believe addressing the “missing middle” is not just an investment opportunity, but a necessary step in delivering the infrastructure required for a secure, affordable, and decarbonised energy system.
