March, 2026
Listed Infrastructure podcast series: The decade of power – why the energy opportunity is bigger than AI
In 2026, Resolution Capital is partnering with The Australian Investors Podcast for an educational series focusing on Global Listed Infrastructure.
In this first episode, Resolution Capital Global Listed Infrastructure Portfolio Manager, Mark Jones, examines why our team believes electricity utilities may be the real AI winners, covering energy demand, US re-shoring, risks and top investment ideas.
Watch the episode below, or if you prefer listening, find the episode on:
Key points covered:
- Defining a Great Investment: What separates a “good” asset from a truly “great” infrastructure investment in the current macro environment?
- Post-Saaspocalypse Lessons: How the February crash in AI-adjacent software reshaped the way Resolution Capital views “AI beneficiaries.”
- The Utility Overweight: Why electricity utilities are now more than double the size of the next largest position in the fund.
- The Energy Thesis (Beyond AI): AI consumes a massive amount of power, but is that the only reason to own these stocks? We look at the intersection of decarbonisation and digitisation.
- The “Re-Shoring” Factor: How much of the US energy demand relies on the return of manufacturing, and would a change in the White House administration kill this trend?
- Spotting the Obvious: When an investment theme looks “too easy,” the returns are usually gone. Mark explains what the market is still missing about the demand side.
- Managing Risk: From regulatory hurdles to the “build-out” risk—can we actually build too much infrastructure?
- The Australian Angle: Does Mark hold any local names in that 60% power allocation?
- Stock in Focus: A deep dive into a “great utility” currently held in the portfolio and why it fits the Resolution Capital framework.
Disclaimer:
Resolution Capital Limited ABN: 50 108 584 167 AFSL No. 274491. This communication was prepared by Resolution Capital Limited (“Resolution Capital”). The information in this communication is for general information purposes only. Information in communication is not intended as a securities recommendation or statement of opinion intended to influence a person or persons in making a decision in relation to investment. This communication has been prepared without taking account of any person’s objectives, financial situation or needs, and because of that, reliance should not be placed on the information in this communication as the basis for making an investment, financial or other decision. Any opinions or forecasts reflect the judgment and assumptions of Resolution Capital and its representatives on the basis of information at the date of publication and may later change without notice. Any projections contained in this communication are estimates only and may not be realised in the future. Returns from investments may fluctuate and past performance is not a reliable indicator of future performance. Resolution Capital believes the information contained in this communication is reliable, however no warranty is given as to its accuracy and persons relying on this information do so at their own risk.Unauthorised use, copying, distribution, replication, posting, transmitting, publication, display, or reproduction in whole or in part of the information contained in this communication is prohibited without obtaining prior written permission from Resolution Capital Limited.
