Why Private Equity is Interested in Renewable Energy

Solar energy
A set of solar panels, a form of renewable energy.

Renewable energy is an energy source that comes from natural, plentiful resources. Well-known forms of renewable energy are, solar panels, wind turbines, and even water. Renewable energy is a more reliable form of energy, and are just as effective. Lastly, these sources are better for the environment, because they don't contribute to global warming.

Renewable Energy Investments

Renewable energy is one of the private equity industry's newest interests. Several private equity firms have invested in renewable energy, just this year. According to the American Investment Council, the private equity industry has invested more than $11 billion dollars into renewable energy projects, in 2020.

Blackstone has also announced that it will be cutting their carbon emissions by 15%. In 2021, t...

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