Massive infrastructure opportunity with Nexus PMG & GreenBacker, Ep #72

Oct 17, 2023

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.

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Introduction

00:00 • 2min

Opportunities in Rethinking Infrastructure

01:50 • 14min

Greenbacker's Investment in Nexus

16:02 • 7min

The Use of Woody Biomass in Sustainable Aviation Fuel

23:30 • 13min

Impact of Policy on Renewable Energy Market

36:20 • 4min

Scaling Low-Carbon Infrastructure Projects

40:45 • 5min

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.

In today’s episode, we cover:

[3:26] Ben’s background & role at Nexus PMG
[4:30] Quinn’s background & role at Greenbacker
[6:35] Greenbacker’s origins & unique market approach
[8:04] Moving from fossil fuel projects to sustainability projects
[9:43] Examples of Nexus PMG’s projects
[14:13] Nexus PMG’s clients, investors & other groups
[16:02] Greenbacker’s investment in Nexus & the opportunity
[19:07] Greenbacker as a strategic investor
[20:33] What the $50M equity round will allow Nexus PMG to do
[23:31] The opportunity around biomass for sustainable aviation fuel
[27:08] The concerns around sequestration approaches
[31:12] Other exciting investment spaces
[36:26] The Bipartisan Infrastructure Law, IRA & what else needs to happen from a policy perspective
[40:46] What else will it take to scale low-carbon infrastructure projects to meet emission reduction targets

Massive infrastructure opportunity with Nexus PMG & GreenBacker, Ep #72

In today’s episode, we cover:

Resources Mentioned

Connect with Ben Hubbard & Quinn Pasloske

Connect with Jason Rissman

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