To that end, the Enron era focused on electricity restructuring and deregulation - concepts that had been poorly thought out and had undesirable consequences. So it is not unreasonable to ask if doing so again might lead to similar results. We are a strategic arm of the core business - matchmaking it with leading strategists.”īut should utilities stick to generating and delivering electricity or does the decarbonization movement compel them to seek better alternatives? The inquiry is in the context of the Enron era - when some utilities bought into riskier, future-oriented enterprises only to lose money, causing them to retrench and refocus. “National Grid is not betting the farm,” says Lambert, the venture capital arm’s founder. In perspective, National Grid Partners is worth $400 million, a small slice of its parent’s market cap of $52.56 billion. The 40 companies National Grid Partners has backed have generated more than $80 million for the parent’s shareholders. Those collaborations not only help National Grid modernize and transform its operations but also assist startups scale their technologies worldwide in months, not years. More than 80% of National Grid Partner’s portfolio companies engage with the parent’s - National Grid - business units to test, develop, and deploy their technologies throughout the U.S. (Photo by �� Greg Smith/CORBIS/Corbis via Getty Images) Corbis via Getty Images down with Dynergy and their stocks plunged to 61 cents. (Original Caption) Houston-based energy giant Enron collapsed on Novemafter talks broke.
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