The U.S. energy market is facing one of the greatest supply–demand imbalances in decades.

Electricity demand is projected to rise 40% over the next 10 years, driven by:

• Explosive growth in AI and data centers
• A manufacturing renaissance reshoring to the U.S.
• The mass adoption of EVs and electrified heating

Meanwhile, the grid we rely on was built for a different era.

To bridge this gap, an estimated $23 trillion in new energy and infrastructure investment will be needed by 2040.

At QFS, we’re positioning portfolios to capture this megatrend - investing across:

• Power generation and storage
• Transmission and distribution
• Energy infrastructure and services

All while keeping tax efficiency at the forefront.