A 'Trilemma' For Investors In UK Energy Infrastructure
November 30, 2011, 6:22 PM EST
Law360, New York (November 30, 2011, 6:22 PM EST) -- At a recent London conference on low-carbon investment, the head of a private equity fund specializing in renewables chilled his audience with a report on the significant gap between investor expectations on risk and return and what was then being achieved under the United Kingdom regulatory environment.
Have the legislative developments in the last six months closed that gap?
The U.K.'s long-term energy policy revolves around three fundamental issues — low carbon, security of supply and affordability — the "trilemma."