As of 4/30/22, Enphase Energy (a solar panel company), Inc.’s enterprise value was about $21B, compared to $10B in Sept. 2020. There are two kinds of ESG-minded investors who might invest in Enphase – the pro-ESG/impact investors and ESG-aware investors who believe Enphase’s business model is sustainable and has high growth potential. Which type of investors do you think will dominate in determining the valuation for Enphase in the market? Explain your position. About 1 page 12 font. Please refer to and integrate lesson on this topic specifically talked about in the lessons document. Also, skim through the following HBS article (link below) that talks about how not all investments are equal and how investing is not enough to scale a business or save an economy to apply to the idea to the paper too. I also plugged in a lot of other metrics and comparable metrics of competitors for Enphase in the excel if you feel you need to refer to something for better analysis.
https://hbr.org/2020/07/impact-investing-wont-save…
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