Intersect Power

“I'll name a few that are public. Intersect Power, AES are a couple that we have agreements with. Basically, they say, look we'll put some cash down to reserve your manufacturing capacity over the next few years so that we have access to your technology in our …”

“Intersect partnered with TPG, which is a big investment firm, and Google on a partnership that initially will inject about eight hundred million dollars into Intersect to develop solar and storage and wind and some gas co-located with data centers in the Unite…”

“You've got the commerce and trade. You've got DOD and national defense you know, all kind of coming at, in particular, the Chinese sourced equipment for renewable energy. So that's been happening for a while. I don't anticipate it to get any better under Donal…”

“We thought maybe hydrogen would be first because of the supply side supports under the IRA. The demand just didn't materialize, and now all of a sudden, AI has just swept up all of the assets that we developed for, you know, behind the meter And co-located loa…”

“We've got two multi gigawatt scale data center sites in the panhandle of Texas. One of them's three gigawatts, one of them's over a gigawatt single sites and they're capable of being fully off grid if you want them to. They're on gas, they have you know, multi…”

“75 to 80% of the hours of the year, we can run fully carbon free with, you know, wind, solar, and batteries all on the same site. And then, you know, 20%, maybe a little over 20% of the time, we need to have some gas or we need to use the grid.”

“We're in the middle of project financing about nine billion dollars of capex right now.”

“Load will come to generation, right? So load is going to move toward the generation because the grid isn't going to be able to deliver that generation. And that's, you'll see it most, in a most pronounced fashion in these new industries because they don't have…”

“We believe there will be large clusters around places like the Panhandle of Texas, where the wind and the sun are very, very advantageous, and the cost of power can not only be low, but Also, the capacity factor, even without battery storage, can be, you know,…”

“So, you know, over the longer term, I think that will be the very, very scalable output here, because the scale of what we're talking about, say, in the panhandle is, you know, ultimately probably in the tens of gigawatts of electrolysis by the time this is al…”

“The kind of dirty little secret is that most of those companies have been saving money too, right? So they've all been, you know, heroes for the climate, but they've also been kind of making money out the back door, buying really cheap energy from guys like me…”

“So you could actually see kind of localized transmission networks even if it's not behind the meter serving as kind of almost like mini microgrid or, you know, maxi microgrids, if you will, you know larger versions of microgrids that are still public utilities…”

“When we look at the size of the offshore wind portfolio, Vineyard Wind secured 2.3 billion dollar loan for their vineyard financing. Our NG recently closed an eight hundred million Dollar loan for a portfolio of wind and solar assets, or Intersect Power that s…”

“It happened in solar. It then happened in wind. It's happening in batteries. It'll happen in electrolyzers.”

“There is very much a business model for making clean hydrogen or Bitcoin or whatever it is from low cost renewables.”

“So, you know, those five industries are what we've identified as, you know, the areas where we think there is inevitable growth in the sort of hundreds of billions of dollars. These are industries that could easily be some of the largest industries that our pl…”

“There are plenty of them out there at industrial scales that will definitely get down into the, you know, 102 hundred dollar, you know, a ton kind of level, at which point capture becomes your backstop technology, if you will, and it will set the price point a…”

“Opportunities then for these charging stations to essentially participate as, you know, wholesale power plants, right? Providing storage services to the grid, that sort of thing.”