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For Professional Clients and, in Switzerland, for Qualified Investors only. In Israel for Sophisticated Investors only.
English
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en
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© 2020. BNY Mellon Investment Management EMEA Limited. All rights reserved.
IDEAS AND KNOWLEDGE TO INSPIRE YOUR INVESTMENTS THINKING
22 October 2020

Renewables bridge new frontiers

We are seeing an impressive power build-up of renewables across Europe, with the biggest opportunity today in some of the southern countries of the EU such as Spain and Italy. These countries have dramatically reduced the bureaucracy that is required to build out renewable energy assets and look even better positioned to build further post Covid-19 than they were before the pandemic.

 

More broadly speaking, the falling cost of renewables has removed once prohibitive costs from the equation. Also, with governments highly incentivised to get people back to work after the pandemic, the renewable energy sector is enjoying significant tailwinds right now.

 

Jim Lydotes, senior portfolio manager, Mellon.

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Investment Managers are appointed by BNY Mellon Investment Management EMEA Limited (BNYMIM EMEA), BNY Mellon Fund Management (Luxembourg) S.A. (BNY MFML) or affiliated fund operating companies to undertake portfolio management activities in relation to contracts for products and services entered into by clients with BNYMIM EMEA, BNY MFML or the BNY Mellon funds.

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