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Goldman Sachs Exchanges

Investing in Low-Carbon Asia

Goldman Sachs Exchanges

Julia McGonagle

Business

4.41K Ratings

🗓️ 7 August 2017

⏱️ 20 minutes

🧾️ Download transcript

Summary

With energy demand expected to double in Asia by 2030, and with a billion people currently without electricity, Ankur Sahu, co-head of Goldman Sachs' Merchant Bank in Asia-Pacific, says that renewables fill a crucial gap in the marketplace. Investors have been faced with ample opportunity, he says, so much so that an industry previously thought as niche has rapidly broadened to include large institutional investors -- even in emerging markets. This podcast was recorded on August 1, 2017. This podcast should not be copied, distributed, published or reproduced, in whole or in part. The information contained in this podcast does not constitute research or a recommendation from any Goldman Sachs entity to the listener. The views and opinions expressed herein should not be construed as an offer to buy or sell any securities and such views/opinions may differ from those of Goldman Sachs Global Investment Research or other departments or divisions of Goldman Sachs and its affiliates. Neither Goldman Sachs nor any of its affiliates makes any representation or warranty, as to the accuracy or completeness of the statements or any information contained in this podcast and any liability therefor (including in respect of direct, indirect or consequential loss or damage) is expressly disclaimed. The views expressed in this podcast are not necessarily those of Goldman Sachs, and Goldman Sachs is not providing any financial, economic, legal, accounting or tax advice or recommendations in this podcast. In addition, the receipt of this podcast by any listener is not to be taken as constituting the giving of investment advice by Goldman Sachs to that listener, nor to constitute such person a client of any Goldman Sachs entity. Copyright 2017 Goldman Sachs. All rights reserved.

Transcript

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0:00.0

This is exchanges at Goldman Sachs where we discuss developments currently shaping markets, industries

0:13.4

in the global economy.

0:14.7

I'm Jake Stewart, global head of corporate communications here at the firm.

0:18.4

Almost 1 billion people in Asia don't have access to electricity, meanwhile energy demand in the region is expected to

0:24.2

double by 2030.

0:26.3

So perhaps it's no surprise that Asia is one of the most forward-thinking regions when it comes

0:30.4

to renewable energy technology.

0:32.6

My guest today, Anker Sahu,

0:34.4

is the co-head of our merchant bank in Asia Pacific,

0:37.3

which means he invests the firm's own capital,

0:39.3

as well as that of our clients and companies,

0:41.9

similar to the work that private equity firms do.

0:43.8

Anker is here to talk about how renewables are increasingly a major

0:47.2

emphasis of his team's portfolio.

0:49.1

Onker, welcome to the program.

0:50.5

Thank you, Jake.

0:51.1

It's a pleasure to be here.

0:52.4

So before we get into renewables and the story of renewables in Asia, Anker, I think it would be useful for our

0:58.2

audience to hear a little bit about how the firm thinks about its Merchant Bank more broadly,

1:02.2

how do you identify high quality investments, and once you've made

1:06.0

those investments, what's Goldman Sachs relationship like with those companies?

1:09.8

Sure.

...

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