Bloomberg Law Quotes Ike Emehelu on Private Credit Investing in the Energy Transition
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For its article “Private Credit Lenders Raise Money for $9 Trillion Energy Hole,” Bloomberg Law quoted Akin projects & energy transition practice co-head Ike Emehelu. The article discusses attempts by private credit managers to take steps to invest in the energy transition, as direct lenders plan to help find the approximately $9.2 trillion of annual investment needed through 2050 to transition from fossil fuels to clean energy.
Ike said, “One of the important points of the energy transition is that a lot of the economic funding won’t be coming from the government.”
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