In this episode of Balentic Edge, host Kasper Wichmann is joined by veteran equity analyst Simon Powell to unpack the $50 trillion opportunity at the heart of energy transition. With themes driving capital allocation across private markets, energy is quickly emerging as the most urgent—and investable—theme of all. From EVs and green infrastructure to adaptation strategies and mitigation plays, Simon shares why much of this isn’t yet priced in, how LPs can position themselves along the entire value chain, and why patient capital may have the edge. If you want to understand where the real alpha lies in climate-focused investing—and what private markets might be overlooking—this episode is for you.