Permian Basin Capital is actively pursuing investment avenues emerging from the global shift towards a lower-carbon energy landscape. The substantial decrease in renewable costs and advancements in electric battery storage are catalyzing a significant transformation in the energy sector.
Renewable energy stands out as the swiftest-growing electricity source in North America. Presently, coal and nuclear power contribute to 47% of U.S. electricity generation. However, forecasts indicate a decline to 14% for nuclear and coal combined over the next two decades, with renewables projected to surge to 37%. We view this as a promising prospect for our firm.
To capitalize on these opportunities, Permian Basin Capital's dedicated energy transition team leads the exploration efforts. Comprising seasoned executives with a successful history of value creation in the electric power and alternative energy sectors, backed by a vast network of industry connections, they are at the forefront of identifying and leveraging these opportunities.
From its inception, Permian Basin Capital's Energy Transition initiative has focused on renewable power generation, battery energy storage, and various decarbonization prospects within the energy sector. Our influence extends beyond clean energy to the communities we serve, where our projects not only deliver economic advantages but also enhance lives. Explore our video to discover more about the impact of our energy transition portfolio companies and the positive changes they are effecting today.
Permian Basin Capital
1000 Heritage Center Circle Round Rock, TX 78664
Copyright © 2024 Permian Basin Capital - All Rights Reserved.
Powered by Energy
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.