RE: Covalis Capital ANOTHER +6% er?5 Sep 2023 23:43
Interesting!
Here's a 2021 article from the FT re Covalis and its energy investing.
https://on.ft.com/3LgsPFR
"The Covalis Energy Transition fund, a mix of internal and external money, was launched last May. It made about 32 per cent last year, and now has about $120m in assets.
The new fund will hold a basket of about 15 to 25 stocks and try to exploit pricing gaps between companies such as renewables, that already have very strong green credentials, and other businesses that are trying to improve their ESG rating.
“We see a lot of companies that will become energy transition stories,” said Mecelis. Covalis focuses on trading utilities, commodities and infrastructure stocks.