All themes
Electrification & the grid
30 managers wrote about this in 61 letters. Every passage below is copied verbatim from the letter it came from.
Share of letters mentioning it
- 2026 Q115% of 54
- 2026 Q215% of 296
- 2026 Q317% of 53
- Guinness Sustainable Energy FundAug 2026
CHART OF THE MONTH: EU ELECTRIFICATION PLAN In response to high fossil fuel prices from the conflict in Iran, the European Commission published its Electrification Action Plan.
Read the letter → - Guinness Global Real Assets FundAug 2026
National Grid, the UK utility, agreed through its commercial arm National Grid Ventures (NGV) to invest USD1.75bn for a 35% stake in Joulent LLC, forming a strategic partnership to develop contracted power and electrical infrastructure solutions for large-load electricity demand in the US, driven by data centres and AI.
Read the letter → - Loomis Sayles Municipal SectorAug 2026
According to S&P Global, there is currently no observable correlation between five-year growth in data center power demand and residential rates, although that could become more challenging as wholesale power market/grid operators move closer to capacity limits.
Read the letter → - Guinness Sustainable Energy FundJul 2026
News Sub-Sector Impact More than 100 global businesses, representing around $1.5 trillion of annual revenue, have called on governments to accelerate electrification, arguing it will improve energy security, reduce exposure to volatile fossil fuel prices and strengthen industrial competitiveness.
Read the letter → - Guinness Global Real Assets FundJul 2026
This highlights the company’s aim to expand capacity and strengthen grid resilience amid rising electricity demand and growing connection requests from clean power generators, major industrial users, and data centres.
Read the letter → - REQJul 2026
In the first quarter, growth was driven by its electrification, infrastructure, security and defense businesses, areas where demand remains strong.
Read the letter → The Nordics are among the most attractive locations for data centres in Europe, being structurally advantaged by low power costs, available grid capacity, and cold climates (so cooling is less expensive).
Read the letter →- Guinness China A Share FundJul 2026
Looking ahead, energy storage, AI data centre infrastructure and power grid investment provide additional growth opportunities.
Read the letter → - Guinness Greater China FundJul 2026
Demand should be supported by China’s continued investment in natural gas capacity, with an additional tailwind from AI-related power demand as data centres increasingly require reliable on-site power.
Read the letter → - Guinness Sustainable Energy FundJun 2026
June 2026 1 COMMENTARY GLOBAL ENERGY INVESTMENT The International Energy Agency (IEA) has released its annual World Energy Investment report, highlighting continued growth in global energy spending and an ongoing shift towards renewables and electrification.
Read the letter → Regionally, holdings in Indo-Pacific emerging markets fared best across two themes: electrification, and aerospace and defense.
Read the letter →- Baron India FundJun 2026
Given India’s robust economic growth and accelerating industrial capacity expansion, we believe significant investment in power generation and transmission infrastructure will be required, creating a multi-year growth opportunity for Power Grid.
Read the letter → We discussed EDF's role in supporting electrification and were encouraged to hear about a recently announced €240 million programme to support low-income households and SMEs with measures including heat pumps and electric vehicle adoption.
Read the letter →- Ninepoint PartnersJun 2026
Utilities have also benefitted greatly from exposure to the electrification of the global economy, a continuing theme tied to accelerating demand from AI-focused data centres, electrified transportation and industrial manufacturing reshoring.
Read the letter → This buildout continues to radiate beyond semiconductors into the power, cooling, electrification, specialty contractors, and the broader infrastructure supply chain, where much of our domestic exposure is concentrated.
Read the letter →Industrials also posted strong gains as companies leveraged to electrification, power infrastructure and automation benefited from the expanding AI investment cycle.
Read the letter →- Hoisington Investment ManagementJun 2026
Domestic semiconductor fabrication, energy- grid expansion, electrification, and defense manufacturing all require massive investment spending, large quantities of industrial commodities, and highly skilled labor, all of which are already in relatively short supply.
Read the letter → (Note that ABB acquired Rotork post the close of Q2 at a 73% premium.) These companies are not reliant on the short-term price direction of oil; rather, they are positioned to potentially benefit from a redrawn energy map, electrification and accelerating global energy infrastructure spending.
Read the letter →- Emerald Focused Equity StrategyJun 2026
The company provides the critical infrastructure that enables the electrification and automation of the economy, from electrical distribution and power management to industrial software and control systems.
Read the letter → - Black Bear Value Fund, LPJun 2026
While headlines often focus on renewable energy, we believe virtually every source of electricity generation will be needed to satisfy rising demand from AI, data centers, and broader electrification.
Read the letter → Around one-third is aligned with the AI capex theme, and a further tenth with the associated tech platforms; but only around 5 percent in the electrification necessary to make AI scalable.
Read the letter →- Spyglass Growth StrategyJun 2026
After 25 years of flat US electricity demand, we believe AI, reshoring, and electrification are driving a step-change in demand for electrical equipment, and we expect Forgent's addressable market to grow from $29 billion in 2025 to $75 billion by 2030.
Read the letter → - Baron Technology ETFJun 2026
Our AI data center power investments performed particularly well, led by Forgent, a leading manufacturer of custom electrical distribution equipment serving data centers, the power grid, and energy-intensive industrial applications.
Read the letter → - Artisan Partners US Focus FundJun 2026
Railroads, electrification, interstate highways, commercial aviation, telecommunications networks and the Internet all required enormous capital investment before their economic value became fully apparent.
Read the letter → - Royal London AM UK Growth TrustJun 2026
We also added a new position in Anglo American to gain exposure to copper given its role in long-term secular themes such as electrification.
Read the letter → - Horizon KineticsJun 2026
The looming shift in the supply/demand imbalance of the past decade—from an oversupply condition— runs across global hard commodities: oil and ultimately natural gas, iron ore, copper, and other electrification metals like cobalt and lithium.
Read the letter → - Baron Opportunity FundJun 2026
Within Industrials, our AI data center power investments also performed well, with exceptional gains and relative performance from Forgent Power Solutions, Inc. , a leading manufacturer of custom electrical distribution equipment serving data centers, the power grid, and energy-intensive industrial applications.
Read the letter → - Hardman Johnston Global EquityJun 2026
We continue to believe Prysmian is uniquely positioned to benefit from the long-term trends of electrification and the energy transition.
Read the letter → TransAlta’s diversified generation portfolio, contracted capacity, hydro assets, dispatchable gas generation, energy marketing capabilities and strategically located legacy sites provide exposure to rising power demand.
Read the letter →Our original investment case was centered on the company’s copper exposure, which we view as attractive given structural demand from electrification, grid investment and data centers.
Read the letter →Our portfolio is positioned to benefit from increased structural investments in infrastructure, electrification, and technology.
Read the letter →- MD SASS Concentrated ValueJun 2026
ADI has exposure to data centers, automated test equipment, aerospace and defense, industrial automation, and automobile electrification.
Read the letter → Metso (+11.6%), a minerals-processing equipment supplier geared to copper and gold, posted strong gains driven by a surge in copper, mine-supply disruptions, recovering Chinese demand, and the structural pull from electrification and AI data- centre buildout.
Read the letter →- Ave Maria FundsJun 2026
Hammond is a long-term beneficiary from electrification and the reshoring of manufacturing facilities and is in the process of expanding in the US, Mexico and India.
Read the letter → For now, the global growth outlook is improved, and we expect secular growth drivers such as electrification, security of supply, deglobalisation and increased defence spending to be reinforced by the war.
Read the letter →- Baillie Gifford Positive ChangeJun 2026
The secular growth drivers, including electrification, renewable infrastructure and data centres, underpin real results from these businesses.
Read the letter → There is little change to our outlook: we remain defensively positioned, with a tilt toward regulated and contracted utilities that generally allow inflation and cost increases to be passed through to end users over time and are benefiting from rising energy demand as AI grows and broader electrification continues.
Read the letter →- Hardman Johnston Select EquityJun 2026
Cameco has an important role in meeting the world’s electrical power demand through its production of fuel for nuclear power plants.
Read the letter → - Baron Asset FundJun 2026
Management reiterated its view that the business can grow its earnings at a mid-to-high teens rate or better through at least the end of the decade, supported by secular trends including grid modernization, electrification, the energy transition, industrial reshoring, and communications infrastructure upgrades.
Read the letter → - EQUAM Global Value FundJun 2026
The railroad transformed the economy of the 19th century, electrification changed industry and households, and the internet profoundly altered the way we communicate and do business.
Read the letter →
Showing the 40 most recent of 61 letters.