C.O.B. Tuesday Ep. 65 Featuring J.P. Bauman, Kelcy Pegler, and Yann Brandt

May 26, 2021

Ask episode

Chapters

Transcript

Episode notes

For this week's session, we had the opportunity to visit with a great friend of the firm: J.P. Bauman, Principal at Altira Group. As you may know, Altira Group is a Denver-based venture capital firm that takes earned pride in building companies focused on the technology and software that will underpin the sustainable, vibrant, and fun future of supplying energy to all of us. We also had the opportunity to visit with one of Altira's amazing portfolio companies, FlexGen.

FlexGen is one of the biggest energy companies in the crucial yet still emerging industrial/utility-scale battery segment. We had the pleasure to hear from Kelcy Pegler, Chief Executive Officer, and Yann Brandt, Chief Financial Officer. Kelcy and Yann gave an overview of FlexGen's business and were kind enough to answer our many questions about the future of power grids large and small, how flexible battery storage will fit into that model, the company's roots in creating homeland jobs for US veterans, and what they've learned along the way so far. We had a great time and a fantastic discussion.

We kicked off the session with our panel of TPH experts: Mike Bradley provided an insightful update on market dynamics, Matt Portillo walked us through TPH Research's Global Automotive Forecast and Battery Cost Update and handed it to Colin Fenton who served a smorgasbord of warning signs now creeping up in emerging markets and segued from analysis of this week's G-7 climate communiqué and IEA Roadmap 2050 into our discussion with this week's guests.

----------

Copyright 2021, Tudor, Pickering, Holt & Co. The information contained in this update is based on sources considered to be reliable but is not represented to be complete and its accuracy is not guaranteed. This update is designed to provide market commentary only. This update does not constitute an offer to sell or a solicitation of an offer to buy any securities. Nothing contained in this update is intended to be a recommendation of a specific security or company nor is any of the information contained herein intended to constitute an analysis of any company or security reasonably sufficient to form the basis for any investment decision. Past performance is not indicative of future results. Tudor, Pickering, Holt & Co., and its officers, directors, shareholders, employees and affiliates and members of their families may have positions in any securities mentioned and may buy or sell such securities before, after or concurrently with the publication of this update. In some instances, such investments may be inconsistent with the views expressed herein. Tudor, Pickering, Holt & Co. may, from time to time, perform or solicit investment banking or other services for or from a company, person or entities mentioned in this update. Additional important disclosures, including disclosures regarding companies covered by TPH’s research department, may be found at www.tphco.com/Disclosure. Tudor, Pickering, Holt & Co. (TPH) is the global brand name for Tudor, Pickering, Holt & Co. Securities, LLC, Tudor, Pickering, Holt & Co. Securities – Canada, ULC, Perella Weinberg Partners LP, and their affiliates worldwide.

Institutional Communication Only. Under FINRA Rule 2210, this communication is deemed institutional sales material and it is not meant for distribution to retail investors. Recipients should not forward this communication to a retail investor.