Research and analysis

  1. Currency Risk and the Colombian Solar Opportunity: A Framework for USD InvestorsForeign capital often assumes that a weak peso makes dollar-denominated returns from Colombian solar fragile. This piece explains why the cash flows underneath solar assets hold up better under currency stress than that assumption suggests, and what a USD investor should diligence.Arbitrage research
  2. The $600 Million Signal Wall Street Is Missing: What It Would Take to Bring Climate Capital to Colombia's Residential Solar SectorIf international investors will buy COP-denominated municipal debt for transit infrastructure, what financial architecture would make them buy into Colombia's residential solar sector?Arbitrage research
  3. LATAM Solar Arbitrage: The Cost Gap Between U.S. and Latin American SolarU.S. solar deployment costs more than deployment in Latin American markets, and the gap exists today. Institutional investors are only beginning to price in the arbitrage it creates.Arbitrage research