Foresight Q&A: Dan Wells on Investing in Climate Technology Without investment, the energy transition would still be little more than a pipe dream. According to the IEA, around US$2.2tn was invested in renewables, nuclear energy, grids, storage, low-carbon fuels, efficiency measures and electrification in 2025. For context, that was twice as much as the US$1.1tn spent on fossil fuels during the same period. With such a large amount of capital being funnelled into climate technology, the story of the investors at the heart of the transition is fascinating. One of the UK's largest transition investors right now is Foresight Group, a London-based investment firm which has £13bn (US$17.4bn) of assets currently under management. In this interview, Dan Wells, a Partner at the firm, discusses how the investment landscape is evolving, why grid infrastructure has become a priority and where he sees the biggest opportunities for climate finance. Please introduce yourself and tell us about your role at Foresight. I’m Dan Wells, a Partner at Foresight Group, where I co-manage our flagship energy transition fund, FEIP, and sit on the Executive Committee. My role at Foresight is focused on raising and deploying capital into infrastructure and energy transition projects that are positioned to benefit from the long-term macro shift toward decarbonisation. My role involves originating and executing investments, as well as working closely with our portfolio companies to support their growth and operational development. Ultimately, my role is about backing high-quality assets and teams and playing an active role in scaling solutions that are critical to the energy transition. What kind of work does Foresight do? Foresight Group is a FTSE 250 investment manager with a focus on private markets through its UK & Ireland regional Private Equity vehicles, and our UK and European Real Assets strategies. Within our Real Assets’