Jeffrey Ubben is betting on widescale adoption of clean energy through his new fund Inclusive Capital Partners, which he launched in June after stepping away from ValueAct to focus on sustainable investing full time.
His fund is the lead investor in a company being formed through a partnership between Schneider Electric and private equity firm Huck Capital. The new venture will develop and run on-site microgrids for commercial and industrial buildings.
Companies’ motivations for transitioning to renewable-powered microgrids are many. Not only does it reduce a corporation’s carbon footprint, it also provides greater resiliency. The wildfires in California…