The energy transition is a hot topic today and will undoubtedly be one of the biggest challenges we face as a human race. Not only are new breakthrough technologies needed to solve this issue, but arguably one of the biggest drivers will be CAPITAL. Not just any capital, but patient capital will be crucial especially in the Geothermal market. This episode highlights an amazing individual in Magnus, partner at Gullspang invest and chairman of Baseload Capital who is ready and willing to provide risk tolerance and patient capital.
This week's episode dives into the realm of financing the Geothermal decade and how it can happen, what is holding it back and some key things to consider when pitching to investors. I sit down with Magnus Brandberg, partner at Gullspang Invest and Chairman of Baseload Capital to discuss his background and experience with the genesis of Baseload capital as a financing and development company and as a venture capitalist investor. His main points are that we cannot confuse uncertainty with risk and have to be patient with investing in Geothermal. You can't change the energy economy overnight and technology takes time, so don't bet more than you can lose, but don't be afraid to lose.
Gullspang Invest
https://www.linkedin.com/company/gullspangvc/
Magnus Brandberg
https://www.linkedin.com/in/magnusbrandberg/
Baseload Capital
https://www.linkedin.com/company/baseload-cap/
Magnus's book recommendation
The Daily Stoic by Ryan Holiday & Alfred Nobel by Ingrid Carlberg
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Geothermal Rising Conference 2022