BAHR
The year in which we got real about energy transition
For BAHR’s Energy and Shipping market group, 2020 was the year that truly marked the start of the transition to a low-emission society.
of the great transition we are venturing on. This transition to a low-emission society is fundamental and will affect us all, says Thaulow.
Although many of us will predominantly associate 2020 with the corona virus, Jon Christian Thaulow, Partner and Head of BAHR’s Energy and Shipping market group, will remember 2020 as the year in which Norwegian industry took fully on board what investments are needed to meet the climate targets under the Paris Agreement and the Norwegian Climate Act.
Riding the renewables wave These changes caused a veritable Klondike atmosphere for green companies in the late summer and the autumn of this year. The Oslo Stock Exchange and Merkur Market have experienced a flood of companies seeking a listing to attract capital from investors with an ESG focus, and Oslo is now frequently referred to as Europe’s renewables exchange. This has of course made it a busy time for BAHR’s oil and gas, renewable energy and shipping team.
– The key change on our part this year is that much more of our activity has been related to renewable energy. This applies across our portfolio. It is obvious that this is only the beginning <<< 18
– There have been many more investments and more of a focus on developing projects in that
