Victory Hill Capital Partners LLP

Europe’s messy transition to clean energy is making some investors very rich

Throughout Europe's autumn of energy discontent, natural gas and electricity prices have hit records almost daily, with natural gas contracts on the Dutch market reaching €107 per megawatts hour (MWh) on Tuesday - their highest price in, well, ever. Faced with untenable costs, energy providers have gone under, fertiliser plants have shuttered their factories, and governments have rushed to bail out customers, attack windfall energy profits, cut taxes - anything to stop the bleeding. 

But for every loser footing a bigger electricity bill, there's a winner - and the energy crunch's winners have won big.

 

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