Vision Ridge Capital

“It's wonderful for the world that solar projects can yield or get capitalized at a seven percent on levered return, but that also means the returns are too low for us.”

“We had a couple of things in fund one where the financial opportunity didn't scale as quickly as we hoped. And so while interesting project level returns, you don't get the kind of operating leverage that is required to do really well.”

“Some of the other investors who we respect a lot are stuck as project financiers or debt investors or equity investors. And so they'll spend a lot of time trying to convince a management team to adopt to their structural limitations. And we try to spend a lot …”

“And we had owned the largest electric vehicle fast charging network here in the U S other than Tesla.”

“So the transition towards electrification is a really easy one. It's a mathematical equation, but one that requires knowledge and nuance. What are the ways to optimize your Power expenses. How is it more valuable to site your charging station on this side of t…”

“If you want to put a billion dollars of equity into something, it's very hard to start at 10. And so we're willing to start at 10 or write a hundred million dollar check and then go from there while they need to start with two or three hundred million dollars …”

“Buying a project at construction ready is one of the places we like to invest because often construction risk is well known. We don't want to wait and know whether you'll get your interconnection or whether you'll get a permit or, you know, those things are mu…”