NEW YORK - Aug. 24, 2020 -In a move that the pundits in the energy investment industry have been expecting for a while now, Shearson Lehman – a Lehman Brother company that offers specialized and personalized wealth management solutions and services – has announced that it will soon be turning to the Asian markets for its next set of investments in alternative energy.
Earlier this year, the company announced a $250 million investment in international alternative energy, $100 million out of which went into a European company with wind turbines operations in Asia, Australia and Europe and the other $150 million were invested in a Spanish company for its solar and wind energy projects in South America and Africa.
According to company representatives, Shearson Lehman is already vetting project proposals and negotiating with multiple parties whose work in wind and solar energy has received praise from industry gurus.
It is expected that the over the next few months, as the effects of the COVID-19 pandemic recede, Shearson Lehman will go through a final round of project selection and negotiations before choosing the projects the company wants to back and announce the magnitude of its investment.
This series of investment decisions spanning over multiple continents is a strategic move by Shearson Lehman evidently aimed at expanding the company's presence in the multi-continental alternative energy markets and may add a new dimension to the company's already impressive portfolio of investment products and services to its prestigious clientele.
Shearson Lehman's clientele has recently shown immense interest in this new direction and the Securities Backed Lending (SBL) program in key markets on virtually all continents, including Hong Kong, Indonesia, Latin America, Malaysia, Singapore, Turkey, United Kingdom, among others.
The company aims to secure its investment for Asia's alternative energy projects from its growing portfolio of blue-chip enterprise and individual clients. It is expected that this new body of investments could also amount to over $150 million.
Speaking about this direction for the company's imminent future, Senior Executive Vice President of Shearson Lehman's Wealth Management Division said, "We are headed towards another revolutionary change which requires investing into the proper channels to building a better and greater future of tomorrow filled with growth and prosperity."
Company Contact Information
Shearson Lehman is a Lehman Brothers company. It is a premier boutique investment banking firm offering direct financing solutions to a global clientele. More details about Shearson Lehman can be found on their business website (https://www.shearsonlehmanbrothers.com) or via email (wealthmanagement@shearsonlehmanbrothers.com) while inquiries can also be made via phone calls to (332) 228-0152.
