1809 ET - Uncertainties about the Trump administration's clean-energy policies are not slowing down the industry's expansion outside the U.S., Jim Coulter, executive chairman of TPG, says during an earnings call. "They seem unbothered by the discussion that is going on about [the] U. S. policy," Coulter says of overseas markets. He points to the more than $2 trillion the world spent in clean-energy development last year, double the spending across fossil-fuel sectors. He also mentions the recently agreed acquisition by a TPG-led group of investors of a 90% stake in Siemens Gamesa's offshore wind business in India. "Around the world, north of 90% of the energy addition was happening through clean energy," he says. "[Those] markets are continuing apace and if anything, accelerating." (luis.garcia@wsj.com; @lhvgarcia)
(END) Dow Jones Newswires
May 07, 2025 18:10 ET (22:10 GMT)
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