The Pexapark Podcast The Next-Gen IPP Podcast Series | Nuveen Infrastructure’s Jordi Francesch and Pierre Bartholin
Dec 2, 2025
Join Jordi Francesch, Managing Director, and Pierre Bartholin, Senior Director at Nuveen Infrastructure, as they dive into the evolving landscape of Independent Power Producers. They discuss Nuveen's vertically integrated approach to clean energy, blending development, construction, and operation. The duo explores the rise of agile, risk-aware IPPs and the concept of 'virtual utilities' that balance long-term contracts with market optimization. Digitalization strategies, energy trading, and procurement mastery are highlighted as crucial for success in today's complex market.
AI Snips
Chapters
Transcript
Episode notes
Revenue Risk Has Become Multi-Dimensional
- Revenue risks have multiplied: negative prices, curtailment, balancing fees and falling GO values now shape returns.
- IPPs need an agile, private-equity mindset and advanced risk management to handle these complexities.
Build Platforms, Not Standalone Assets
- Build private-equity style platforms that aggregate assets, capabilities and growth to create alpha.
- Focus on scaling IPPs with the full set of verticals and systems to sell growth as the core value proposition.
Add Real Trading To Commercial Teams
- Develop short-term energy management and trading capabilities to actively hedge and optimise positions.
- Hire real traders (not prop traders) and deploy systems to manage month-, quarter- and year-ahead exposure.