Frontier

Inside the energy transition - where capital meets the grid

Season 2 of Foresight's Frontier Conversations opens with a discussion on the most powerful force reshaping infrastructure investing today: the energy transition. Hosts Richard Thompson and Dan Wells, Partners at Foresight Group and Co-Managers of Foresight's flagship energy transition funds FEIP I and FEIP II, explore the realities behind deploying capital into renewable generation, storage, and the grid infrastructure needed to support a decarbonised power system. They unpack why the energy transition has become the largest subsector in infrastructure, the challenges of integrating variable renewable energy into ageing grids, and why regulatory frameworks are now make-or-break for investor confidence. From the valuation of renewable assets to the emerging role of long-duration storage and flexibility solutions, this episode sets out the investment landscape that will define the next decade. If you're looking for clarity on where the opportunities lie - and what stands in the way - this is where to start. Find out more about our energy transition strategy here: https://www.foresight.group/strategies-funds/private-markets/energy-transition/ Important Information: This podcast is issued by Foresight Group LLP ("Foresight") on 09.12.2025. Foresight is authorised and regulated by the Financial Conduct Authority (FRN 198020). Foresight's registered office is at The Shard, 32 London Bridge Street, London, SE1 9SG. This podcast has not been approved as a financial promotion for the purpose of Section 21 of the Financial Services and Markets Act 2000 ("FSMA"). This podcast is not to be reproduced, distributed or otherwise use this video or any of its contents without the prior written consent of Foresight. This podcast is for information and discussion purposes only and may not be used for the purpose of, and does not constitute an offer to sell, or the solicitation of an offer to acquire any securities. Viewers should not construe the contents of this podcast as financial, legal, accounting, tax or investment advice. If you are in any doubt about the content of this podcast and/or what action you should take, you should seek advice from an independent financial adviser authorised under the Financial Services and Markets Act 2000. This podcast contains information of a preliminary nature that is based on unverified and unaudited information. The information and opinions contained in this podcast are for background purposes only and do not purport to be full or complete. No reliance may be placed for any purpose on the information or opinions present in this podcast for their accuracy and completeness. The value of investments and any income from them may go down as well as up, and past performance is not a reliable indicator of future performance and is not guaranteed. Capital at risk. This podcast contains certain forward-looking statements. In some cases forward-looking statements can be identified by the user of terms such as "believes". "estimates", "anticipates", "projects", "expects", "intends", "may", "will", "seeks" or "should" or variations thereof, or by discussions of strategy plans, objectives, goals, future events or intentions. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances. Actual outcomes and results may differ materially from any outcomes or results expressed or implied by such forward-looking statements. All information contained in this podcast is subject to updates, revision and amendments (although there shall be no obligation to do so).

The Round Up: Key insights from Foresight's Frontier Forum

In this episode of the Frontier podcast, hosts Dan Wells and Chris Holmes are joined by Laura Sandys and Juliet Rose to unpack insights from Foresight's recent Frontier Forum at the Eden Project. This thought-provoking conversation addresses some of the biggest challenges of our time: 🌱 Mobilising capital into sustainable infrastructure ⚡ Decarbonising energy-intensive industries 🌳 Unlocking natural capital to drive resilience and growth 💡 Exploring innovative financing models, policy certainty, and the power of systems thinking to accelerate the energy transition Visit foresight.group/frontier for more information. The podcast is for information purposes only and without limitation, does not constitute an offer, an invitation to offer or a recommendation to engage in any investment activity. Listeners should not construe the content of this podcast as investment advice and no reliance may be placed upon the content. The opinions of speakers are their personal opinions and not necessarily those of their respective companies. Foresight Group LLP is authorised and regulated by the Financial Conduct Authority (FRN 198020). Foresight's registered office is at The Shard, 32 London Bridge Street, London, SE1 9SG.

Power Beyond Borders: Why interconnectors are critical to the energy transition

In this episode of the Frontier podcast, Foresight hosts Dan Wells and Chris Holmes discuss the vital role of interconnectors in the energy transition with Simon Ludlam, CEO of Mares Connect. They explore how interconnectors facilitate a fully integrated energy market, enhancing energy security, enabling cross-border electricity flow, and supporting the integration of renewable energy sources. The conversation highlights the European Union's strategic prioritisation of interconnectors as part of its energy policy, underscoring their importance in achieving decarbonisation goals. However, significant investment in infrastructure is essential for scaling interconnector projects, as regulatory barriers and cross-border coordination challenges often delay project timelines and increase costs. Simon emphasises that MaresConnect is focused on leveraging wind patterns for energy export, optimising routes to align with peak renewable production times. While cable technology has advanced, it remains relatively mature, meaning most delays arise from regulatory hurdles rather than technical limitations. The discussion also touches on how hydrogen can complement interconnectors by providing an additional means of energy transport and storage, which could further bolster renewable energy integration. Finally, Simon shares a personal insight on how running provides him with a mental break that can help him land on innovative solutions for complex energy challenges. This episode provides a comprehensive look at the potential of interconnectors to bolster energy security, improve market efficiency, and drive global decarbonisation, while also underscoring the importance of thoughtful policy, investment, and collaboration to overcome obstacles in the sector. Visit foresight.group/frontier for more information. The podcast is for information purposes only and without limitation, does not constitute an offer, an invitation to offer or a recommendation to engage in any investment activity. Listeners should not construe the content of this podcast as investment advice and no reliance may be placed upon the content. The opinions of speakers are their personal opinions and not necessarily those of their respective companies. Foresight Group LLP is authorised and regulated by the Financial Conduct Authority (FRN 198020). Foresight's registered office is at The Shard, 32 London Bridge Street, London, SE1 9SG.

Hydrogen: Challenging Misconceptions and Unpacking Its Decarbonisation Potential

In this episode of the Frontier podcast, hosts Chris Holmes and Dan Wells discuss the role of hydrogen in the energy transition with special guest, Vice President of NextChem, Adamo Screnci, a hydrogen expert with over 20 years of experience. They explore hydrogen as a clean energy solution, the importance of creating market demand, and the need for regulation to drive the hydrogen economy. Key topics include the hierarchy of hydrogen applications, challenges in transportation and storage, and the significance of political and geographical factors in shaping energy choices. The episode wraps up with a focus on impactful projects and a global vision for the hydrogen sector. Visit foresight.group/frontier for more information. The podcast is for information purposes only and without limitation, does not constitute an offer, an invitation to offer or a recommendation to engage in any investment activity. Listeners should not construe the content of this podcast as investment advice and no reliance may be placed upon the content. The opinions of speakers are their personal opinions and not necessarily those of their respective companies. Foresight Group LLP is authorised and regulated by the Financial Conduct Authority (FRN 198020). Foresight's registered office is at The Shard, 32 London Bridge Street, London, SE1 9SG.

Sowing the Future: Climate, Sports and Sustainable Food Innovations

In this episode of Frontier: Listen, we explore the intricate connections between climate change, sports, and sustainable food systems. Dan and Chris kick off with a discussion on how climate change impacts sports, leading into an interview with Antony Yousefian, Partner at The First Thirty and leading figure in sustainable investments and agri-food tech innovation. Antony shares his insights on the future of food production, the role of technology, how our approach to food can significantly impact both human health and the planet, and how he sees the role of private markets evolving in supporting sustainable food systems. Visit foresight.group/frontier for more information. The podcast is for information purposes only and without limitation, does not constitute an offer, an invitation to offer or a recommendation to engage in any investment activity. Listeners should not construe the content of this podcast as investment advice and no reliance may be placed upon the content. The opinions of speakers are their personal opinions and not necessarily those of their respective companies. Foresight Group LLP is authorised and regulated by the Financial Conduct Authority (FRN 198020). Foresight's registered office is at The Shard, 32 London Bridge Street, London, SE1 9SG.