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Jigar Shah Just Became One of the Most Important Players in the Energy Transition
Odd Lots
The DOE Loan Office
DOE loan office has played a critical role in figuring out how to get debt into infrastructure, right? Infrastructure projects don't get built to make 20% unlevered returns. Debt really doesn't want to get involved early in technologies that it perceives as risky. So you have this fundamental disconnect where you've got a bunch of awesome R&D happening at the Department of Energy and a lot of technologies that gather dust waiting to get deployed at scale because first of a kind deployments are difficult.
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