Sebastian Waldburg, Founding Partner of Electric Waves
Founding Partner of Electric Waves. Fòrum d'inversió 2009
En el negoci de les energies renovables és important diferenciar entre infrastructura i Cleantech. Les infrastructures són actius que requereixen d'una forta inversió inicial, generant fluxos de dividend recurrent si es perllonguen més de 30-35 anys. En el Cleantech, l'accent es posa en l'equip i no tant en la inversió inicial.
Idees força:
- "Renewable energy infrastructures and cleantech are two different concepts. Infrastructures are assets which have an important initial investment but generate recurrent cash-flows as they have a long-time life of 30-35 years. From an investor point of view, the return model is a dividend driven model."
- "'Cleantech is a little arbitrary unfortunate definition' because it includes energy, water, waste, IT and a lot of other subsectors which remain part of their own sectors, as well. Besides, companies have to compete in an 'open unregulated market'."
- "As for infrastructures assets, the team is a relatively irrelevant part of the project whereas in cleantech is one of the key drivers. 'From an investment point of view, cleantech is much more exit driven.'"
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