We take big bets to create real change
What is a “Big Bet”?
Big Bets are the new technologies and markets that will meaningfully accelerate the breadth and pace of the transition to a low carbon, green economy
Big Bets have four distinct features:
- Significant. The opportunity is sufficiently large (in terms of environmental and business opportunity) that it could create a meaningful difference in the shift to a green, low carbon economy.
- Additive. The opportunity is not adequately covered by existing efforts, particularly by project developers.
- Feasible. While it is ambitious, with concerted action there is a strong probability of success. In particular, the economics of the opportunity with realistic technology improvements must be sound.
- Investor ready. There are a range of potential investors interested in the area and who would be willing to provide capital.
How our Big Bets scale
Through our research and deep networks, we know what opportunities are being exploited and what opportunities need further development to enable the transition. Before we even start incubating and designing a project that has been identified as a Big Bet, we focus on identifying the core enablers needed to make a Big Bet a success. We identify regulatory structures, the offtake markets, the supply chain gaps and we leverage our advisory work to unlock these enablers.
We then build out the concept - from the business case to the financial model, secure the early value milestones and through our global network, put together the best development team to secure the initial investment needed to support the project through to financial close. What sets us apart is that we will eventually transfer the asset to an operating partner that can ensure the success of the project through to delivery. A perfect example of a Big Bet incubation is the previous experience of Fraser Thompson, one of our managing partners, in co-founding Sun Cable, the world’s largest solar farm in the Northern Territory. Sun Cable designed a strategy to develop giga-scale - up to20GWp - of renewable generation and electricity transmission networks, making it possible to power whole cities with renewable energy.
What makes us distinctive?
Through our research and deep networks, we know what opportunities are being exploited and what opportunities need further development to enable the sustainability transition.
Sustainability challenges and opportunities are messy – there are often multiple challenges beyond just engineering. That is why we recruit and develop talented people with a range of diverse backgrounds, from land development through to advanced technical modelling.
We believe in the power of data and using the latest analytical approaches to solve complex sustainability problems and identify opportunities to deliver new solutions more efficiently.
Research and project advisory
PROJECT DEVELOPMENT
Our sustainability advisory services include:
- Strategic advice on sustainability transitions
- Research services on sustainability investment opportunities
- The Circular economy, across all major industry groups.
- Project identification and screening
- Regulatory design
- Sustainability risk and compliance management
- Industry coalition building
- Climate modelling and research
