The Renewables Reckoning: Bankruptcies, Buyouts, and America's Energy Supply

The U.S. renewable energy industry is in the midst of a financial crisis. Over the past 18 months, more than 100 companies have filed for bankruptcy, even as solar accounted for roughly 80% of new U.S. electricity generation last year. In this seminar, Nick Franchot of GoodFinch will explain what is driving the wave of distress and what it reveals about how the industry has been financed.

Franchot will also discuss GoodFinch's strategy of acquiring assets out of bankruptcy, which has produced one of the largest renewable energy portfolios in the country, with more than $1 billion in EBITDA and close to 1% of U.S. power production. He will close with the implications for the U.S. economy: if, as GoodFinch expects, half of the developers behind recent solar growth fail in the coming years, new energy supply could be significantly constrained at a moment of rising demand.

Speaker: Nick Franchot, Goodfinch

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