EQUITY RESEARCH | 24 July 2025 | 4:24PM EDT Green Capex The power of Power amid updated US energy incentives While the passage of the One Big, Beautiful Bill Act (OBBBA) should meaningfully reduce government outlay initially meant to stimulate diverse sources of Green Capex, we continue to see resilient levels of US power sector Green Capex – we estimate $2.0 trillion in 2023-32. While there remains some uncertainty pending updated guidance from the Treasury Department expected by August 18, we believe the ...