JPMorgan Chase & Co. is setting its sights on Europe’s ambitious €1.2 trillion electricity grid overhaul, viewing it as a major opportunity to secure infrastructure deals. The move aligns with the bank’s broader strategy to lead in grid financing, particularly in the US.
Daniel Rudnicki Schlumberger, who heads JPMorgan’s security and resiliency initiative in EMEA, described upgrading Europe’s grid as “one of the biggest financing opportunities” in the region’s infrastructure. He emphasized that institutional capital could flow rapidly if Europe establishes a clear framework for grid-operator revenues.