Sarah O., Liberty Mutual Investments
One of our core beliefs, that progress happens when people feel secure, really resonates with me. The corollary to that in the energy space, where I invest, is that access to electricity serves as the foundation of economic and societal progress. By investing in the development of electricity, my team and I can make things better for the people served by that power.
However, in my role as an investment professional on the Energy Transition and Infrastructure team, that is simply not enough. Our mandate is to create capital for Liberty Mutual, and thus, we focus on returns. These returns are essential because they are what guarantees that capital continues to support the global energy transition, fostering technological innovation and creating the types of investment opportunities we seek.
Energy transition and innovation
For us, the energy transition is comprised of two inextricably linked themes: carbon reduction in our energy ecosystem and the resulting increased demand for electricity. Liberty has been at the forefront of investing in the energy transition for a number of years, starting with wind and solar over a decade ago and, more recently, by supporting Sunnova Energy, a leading US residential solar and energy storage service provider, with a $30 million financing package during the peak of the COVID-related market dislocation.