Wes Edens is a prominent investor in the energy sector and has been for many years. He has had great success with various investments in space, including his recent venture into liquefied natural gas (LNG). In partnership with Apollo Global Management, LLC., Wes Edens founded New Fortress Energy to focus exclusively on LNG opportunities. We sat down with him to discuss his thoughts on the current state of the energy market and where he sees it heading in the future.
Wes Edens has been a major player in the energy sector for quite some time. He made his first foray into the industry with a successful investment in coal company Blackstone Group LP back in 2007. Since then, he’s continued investing in various energy-related businesses and projects, including solar, wind, and liquefied natural gas (LNG). In fact, his most recent venture is focused exclusively on LNG opportunities.
In partnership with Apollo Global Management, LLC., Wes founded New Fortress Energy to take advantage of the growing demand for LNG worldwide. The company is building an integrated global business that will source, transport, store, and distribute LNG. And they’re already making waves in the industry, with a major project underway in Jamaica to provide clean and affordable energy to the island.
We had the chance to sit down with Wes Edens to discuss his thoughts on the current state of the energy market and where he sees it heading in the future. Here’s what he had to say:
On the current state of the energy market:
“The energy markets are undergoing tremendous change and evolution right now. We see a shift from traditional fossil fuels to cleaner, renewable energy sources. And this transition is only going to accelerate in the years ahead.”
On his investment philosophy:
“I’m a long-term investor, so I always look for opportunities I believe will be around for the long haul. I’m very bullish on renewable sources like solar and wind. I think they will play a major role in powering the world in the future.”
On the future of energy:
“I believe we’re on the cusp of a major shift in how the world produces and consumes energy. We’re moving away from dirty fossil fuels and towards clean, renewable energy sources. This transition is inevitable and will only accelerate in the years ahead.”
On his advice for other investors:
“My advice for other investors is to be patient and take a long-term view. Don’t get caught up in the short-term fluctuations of the markets. focus on investments that you believe in and that you think will be around for the long haul.”
Wes Edens is a smart, successful investor with a proven track record in the energy sector. If you’re looking to invest in energy, he’s someone to watch.