Foundations, endowments and investment consultants say the electrification of transportation is where the most cleantech innovation and investment is happening, followed by big data, clean water, agriculture and green revolving funds.
Capricorn Investment Group, an asset manager that invests across all asset classes and also invests about $5 billion dollars from half a dozen individuals and foundations – including the Skoll Foundation – is looking to renewable energy. “Renewable energy is our biggest theme and has been for the last several years,” said Dipender Saluja, managing director at Capricorn, at a recent Greentech Media conference. “On the renewable energy side, we started investing in Tesla [Motors] and that was one of our biggest investments. We are big fans of electrification of transportation.”