LBS Team in Top Four at Sustainable Investing Challenge
Four London Business School students are celebrating after coming within the top four out of 380 teams at the Morgan Stanley Sustainable Investing Challenge.
The LBS team, EnPower Capital, presented its proposal to bring electricity to the poorest people in Africa during the final stage of the challenge, which took place at Morgan Stanley’s London headquarters on April 17th.
Radhika Gupta, Juan Pablo Mejia Caicedo, Elizabeth Swanton and Amrita Kundu (MBA2016s and a PHD2014, respectively) had just five months to put their case together. EnPower sees investors’ capital held in an escrow account to fund distributed energy service companies (DESCOs) that create solar power generators in Africa. Projected returns for investors are between 10 per cent and 15 per cent.
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