Massive infrastructure opportunity with Nexus PMG & GreenBacker, Ep #72
Oct 17, 2023
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Ben Hubbard, CEO of Nexus PMG, joins the podcast to discuss opportunities in renewable energy infrastructure, waste conversion into upcycled materials, and biomass. Greenbacker Capital Management's investment in Nexus highlights the importance of investing in sustainable infrastructure. The speakers also explore the use of woody biomass in sustainable aviation fuel, the impact of policy on the renewable energy market, and challenges in scaling low-carbon infrastructure projects.
Nexus PMG focuses on infrastructure projects that reduce carbon intensity, such as renewable natural gas, sustainable aviation fuels, and green hydrogen.
Nexus PMG recently received a $50 million investment round to accelerate their growth and enable proactive contribution to reducing carbon emissions.
Deep dives
Dedication to Green Infrastructure Projects
Nexus PMG focuses on infrastructure projects that reduce carbon intensity, such as renewable natural gas, sustainable aviation fuels, and green hydrogen. By being dedicated solely to these low-carbon asset classes, Nexus PMG has amassed significant experience and subject matter expertise, making it a leading player in the industry.
Investment in Sustainable Infrastructure
Nexus PMG recently received a $50 million investment round to accelerate their growth. They will use the capital infusion to expand their core services business, seed early-stage development platforms, and acquire distressed assets for turnaround. This investment enables Nexus PMG to proactively contribute to reducing carbon emissions and meeting sustainability targets.
Exploring Waste-to-Value Opportunities
Nexus PMG is excited about the waste-to-value space, specifically focusing on converting food waste, biomass, and other waste streams into valuable products like renewable natural gas and green energy. They believe that addressing waste streams sustainably is crucial to a circular economy and can significantly contribute to reducing carbon footprints.
Policy Support and Risk Tolerance
In order to scale low-carbon infrastructure projects and meet emission reduction targets, Nexus PMG emphasizes the importance of policy support, such as the bipartisan infrastructure law and the Infrastructure Investment and Jobs Act. Additionally, shifting risk tolerance is essential, as new technologies and contracts require investors to be more comfortable with evolving risk profiles for sustainable projects.
The climate transition we’re living through brings so many opportunities to rethink our infrastructure that it could easily be the entire focus of this podcast week after week. Today’s episode focuses on a handful of those opportunities: converting waste into valuable upcycled materials, renewable energy infrastructure, biomass, biofuels and more.
We’re joined by Ben Hubbard, CEO of Nexus PMG, a company that advises and develops a wide range of infrastructure projects. They’re a fascinating company, and as you’ll hear, they’re engineering sustainable solutions for everything from wood pellets to solar farms to dog food. They just received a $50m investment to accelerate their growth, and leading that round was another fascinating company Greenbacker Capital Management. Greenbacker is not just an investor but also owns and operates a portfolio of solar plants, wind farms, and battery storage systems. Greenbacker Principal Quinn Pasloske joins us as well for a conversation that sheds a lot of light on the opportunity to invest in the infrastructure we need to reduce emissions, eliminate waste and more. Enjoy.