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Solar Pioneer Shah to Start Firm Advising Green Startups
Solar Pioneer Shah to Start Firm Advising Green Startups

Bloomberg

time02-05-2025

  • Business
  • Bloomberg

Solar Pioneer Shah to Start Firm Advising Green Startups

Solar pioneer Jigar Shah, who recently stepped down from running the loan program office at the US Department of Energy under the Biden Administration, plans to launch a new advisory services firm called Multiplier aimed at helping green startup companies grow and sell themselves. Shah, a clean energy entrepreneur and investor, announced Tuesday at the BloombergNEF Summit in New York that he will be partnering with Jonathan Silver, who was an executive director for the loan program at the Energy Department under the Obama Administration.

Citi Banker Says Clients Consider Climate Investments Outside US
Citi Banker Says Clients Consider Climate Investments Outside US

Bloomberg

time30-04-2025

  • Business
  • Bloomberg

Citi Banker Says Clients Consider Climate Investments Outside US

Renewable energy and climate technology companies that flocked to the US to profit from the subsidies provided by the Biden administration's Inflation Reduction Act are reassessing whether the US remains the optimal place to run a low-carbon business, according to a senior Citigroup Inc. banker. While there's yet to be a noticeable exodus from the US, companies are weighing their options to see if there are more accommodating locations for investing in decarbonization, said Cathy Shepherd, Citigroup's global head of corporate banking for the clean energy transition. Speaking on a panel at the BloombergNEF Summit in New York on Wednesday, Shepherd said Citigroup's clients are exploring options in Europe and Asia.

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