In this year’s Levelized Cost of Energy Report, Lazard highlights that renewables remain the lowest-cost option for new power generation despite rising costs across all technologies, while surging electricity demand is increasing the need for investment in a diverse, reliable energy system. The report also notes that higher development costs are improving the competitiveness of existing generation assets, although storage costs have risen due to tariffs and supply chain shifts.
Lazard Asset Management serves as the Portfolio Manager of the Caldwell-Lazard CorePlus Infrastructure Fund.
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The information contained herein is intended to provide you with general information related to investment alternatives and strategies and is not intended to be comprehensive investment advice applicable to the circumstances of a specific investor. Commentary and portfolio characteristics are the opinion of the Portfolio Manager based on market conditions as of July 2026. References or inferences to returns do not take into account any management fees, transaction costs, commissions, custodial fees, taxes or other costs that apply when purchasing securities. We strongly recommend consulting with a professional advisor prior to making investment decisions.