The link is project finance. Large bits of infrastructure get built on debt. They don't get built on equity. Venture capital just does not have the scale. It's not the right asset class to build a $250-million biofuels plant. You need project finance for that. It's just not appropriate for a venture fund to be investing in developing the technology, and then building the first factory. They're different asset classes.
On May 9th, 2017. See this statement in context.