Event Details

This document is page 18 of a confidential 'Global Utility White Paper' produced by Electron Capital Partners, LLC, specifically marked 'For exclusive of Jeffrey Epstein'. The text analyzes historical Japanese market data to argue that the global utility sector is undervalued ('left behind') and presents a 'yield catch-up' opportunity. It draws parallels between historical Japanese fiscal policy errors and US economic policies circa 2013 (tax increases/austerity), suggesting that utilities may outperform the broader market as investors seek bond proxies.