Author Bio
Matthew is a senior energy and materials specialist with The Motley Fool. He graduated from Liberty University with a degree in Biblical Studies and a Masters of Business Administration. You can follow him on Twitter for the latest news and analysis of the energy and materials industries: Follow @matthewdilallo
Oil has dominated the energy market for more than a century. Because it s the primary fuel of the global economy, oil stocks can produce big gains when prices are higher.
However, oil is also a major problem. It creates a lot of greenhouse gas emissions when produced and burned, which is bad for the environment. Cleaner alternatives such as renewable energy are therefore working overtime to knock it off its throne. With that backdrop in mind, here s a look at whether oil stocks or renewable energy stocks are the better ones to buy.
Author Bio
Travis Hoium has been writing for fool.com since July 2010 and covers the solar industry, renewable energy, and gaming stocks among other things. Follow @TravisHoium
Renewable energy stocks might not be the first place you look for dividends, but maybe they should be. Leading owners of renewable energy assets have long histories of paying growing dividends and own assets that have contracted energy payments for decades.
Given low yields in bond markets and high valuations for growth stocks, dividend stocks like
Brookfield Renewable
Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI), and
NextEra Energy Partners (NYSE:NEP) may be some of the best buys on the market today.
Ecofin Global Utilities and Infrastructure Trust plc (the Company ) is an authorised UK investment trust whose objectives are to achieve a high, secure dividend yield on a portfolio invested primarily in the equities of utility and infrastructure companies in developed countries and long-term growth in the capital value of the portfolio while preserving shareholders capital in adverse market conditions. · During the six months ended 31 March, 2021, the Company s net asset value ( NAV ) per share increased by 13.5% on a total return basis. The Company s share price increased by 16.1% on a total return basis over the six months · Two quarterly dividends were paid during the six months totalling 3.30p per share. Based on the price of the Company s shares as at 31 March, 2021, the dividend yield (annualised) was 3.6%
Image source: Getty Images
Renewable plays are red hot these days. Indeed, the ESG revolution is only just beginning. And investors are looking for ways to get in on the action.
Accordingly, I think these top two renewables plays are among the best to consider right now. Let’s dive into why.
Northland Power
Northland Power (TSX:NPI) is an exceptional investment pick for the long term. The company’s prospects of expanding global offshore renewable power generation in combination with a brilliantly diverse portfolio gives this stock significant momentum in the market.
Recently, the company managed to acquire $1.6 billion of renewable projects in Spain and raised equity worth nearly $990 million. Indeed, many investors expect this deal will serve as the perfect launchpad for Northland in the European market. In fact, I think the acquisition is likely to prove fruitful for Northland in more than one way. In particular, the long-term revenue and cash flow grow
NextEra Energy Partners, LP announces agreement to upsize its existing 2020 convertible equity portfolio financing by $150 million
News provided by
Share this article
Share this article
JUNO BEACH, Fla., May 17, 2021 /PRNewswire/ NextEra Energy Partners, LP (NYSE: NEP) today announced that it has entered into an amended agreement to upsize by $150 million its existing convertible equity portfolio financing with KKR (the Investor), through its core infrastructure strategy. NextEra Energy Partners originally entered into the 10-year convertible equity portfolio financing in November 2020. The agreement announced today demonstrates the continued robust private infrastructure demand for the high-quality assets in NextEra Energy Partners portfolio and our strong continued relationship with KKR, which is providing us with an attractive low-cost source of capital, said Jim Robo, chairman and chief executive officer. This is a terrific source of capital for NextEra Energy Partner