Author: Nick Dimmock, Head of Corporate Finance 350 PPM Ltd. Mexico is one of the hottest global renewable energy markets and is currently the second largest power market in Latin America with US$110 billion of investment in the generation, transmission and distribution sectors forecast until 2030. Only five years ago, the generation, transmission, distribution and supply of electricity were all exclusively managed by the state-owned utility (and monopoly), the Comisión Federal de Electricidad (CFE). The energy sector attracted little foreign investment and had only a few operational renewable energy projects. All that changed in 2014, when, as part of a package of [...]

Likely EIS Outcomes - Park Lane Or Brick Lane, Monte Carlo or Bust Posted By: Andrew Walker Original Author: Nicholas Dimmock Source: 350 PPM Ltd Compliance Status: This article has been approved by Kession Capital as a Financial Promotion. Status / Reproduction Status: (either) This article has been written and compiled by 350 PPM Ltd which is an Appointed Representative of Kession Capital Limited (FRN: 582160) which is authorised and regulated by the Financial Conduct Authority in the UK. About the Author: Nick Dimmock worked in the city up to January 2002, latterly as a Trainee Institutional Equity Salesperson in the UK office of Raymond James Financial, [...]

THE ECONOMIC CYCLE I subscribe to the 18-year economic cycle theory. I studied Behavioural Finance during my MBA and then completed my Thesis on The Cycle of Investor Emotions. As such, bearing in mind that we remember the last 3 years most clearly, it is no surprise to me that reliably, about every 7 years we (the human race) get ahead of ourselves and every 14 years, every significantly ahead of ourselves. Most of these shocks start with a crisis of confidence, maybe a fear of heights, but the crisis of confidence is based on some factor or another and at this point [...]

$2.5 trillion of global financial assets are at risk from the effects of climate change, according to a report. The report, produced by the London School of Economics and Political Science (LSE), the Grantham Research Institute and Vivid Economics, looks at the value at risk (VaR) associated with financial assets should global temperatures increase by 2.5°C by 2100. This warming figure is believed by the report’s authors to be the ‘business-as-usual’ emissions path if all of the commitments made at December’s landmark Paris agreement are implemented. The summit concluded with an agreement to limit global warming to 2°C but the commitments made [...]

Bank of America has formed a new partnership within its Catalytic Finance Initiative (CFI) that aims to direct $8 billion to "high-impact sustainable investments". Partners joining the initiative include investment manager AllianceBernstein; Babson Capital Management (a subsidiary of insurance company MassMutual); Credit Agricole; the European Investment Bank; HSBC; the International Finance Corporation; and Mirova (a subsidiary of French bank Natixis). All have pledged capital and expertise to develop "innovative financing structures" for investments in clean energy and other sustainability focused projects. In addition, several long-term institutional investors within the recently-formed Aligned Intermediary group, will collaborate with the partnership on specific investment opportunities. The [...]

Bill and Melinda Gates released their annual letter this week. In it, the two discussed the two super powers they wished they had: More energy More time The following excerpt from Bill's letter explains their justification: More energy! When we sat down to write this year’s letter, those answers stuck with us. Sure, everyone wants more time and energy. But they mean one thing in rich countries and something else entirely when looked at through the eyes of the world’s poorest families. Poverty is not just about a lack of money. It’s about the absence of the resources the poor need to realize their potential. Two [...]