Today we had the pleasure of hosting Jigar Shah, Director of the U.S. Department of Energy Loan Programs Office (LPO). Jigar is a long-time entrepreneur and founder of Generate Capital and SunEdison before leaving the private sector in 2021 to join the LPO. In his current role, Jigar is responsible for leading and directing the organization's focus on connecting low-carbon technologies that are ready to scale with commercial financing. The LPO is the largest private debt fund in the energy space with more than $40 billion in loans and loan guarantees available for innovative clean energy, advanced transportation, and tribal energy projects in the United States. We were thrilled to visit with Jigar. 

Our discussion covered how Jigar is planning for the long-term while also navigating current industry volatility, the types of risk LPO is willing to take, the LPO team and culture, the office's fundamental mission, color on their robust transaction flow, energy infrastructure permitting issues, the importance and excitement of American energy entrepreneurialism, bridging the gap with traditional oil majors, investor observations, and more. We wrapped with Jigar's vision for the energy world in the next ten years. 

The Veriten team came in full force for today's session: Mike Bradley kicked us off with an overview of equity and commodity performance from the last week, noting US dollar strength, key upcoming events, and investor topics. Colin Fenton painted the big picture with global markets, price instability, and the Fed. Brett Rampal and Jeff Tillery peppered in their thoughts throughout our visit with Jigar. 

As always, thank you for your support and friendship!