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There’s rarely an investment opportunity that’s simultaneously good for your personal wealth and the wellbeing of all mankind. Clean energy certainly fits that bill. Over the next decade, governments across the world intend on spending trillions of dollars on making our energy sources more renewable. That presents the perfect opportunity for investors to cash in and make a difference.
With that in mind, here are my top two clean energy picks for the decade ahead.
Clean energy stock #1
Brookfield Renewable Partners L.P. (TSX:BEP.UN)(NYSE:BEP) is my top clean energy pick. The asset manager’s various subsidiaries are always at the top of their game. It doesn’t hurt that Brookfield also happens to have the deepest pocket in the Canadian financial sector.
TransAlta Renewables Reports Fourth Quarter and Full Year 2020 Results and Provides Outlook for 2021
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Full-Year 2020 Financial Highlights
Adjusted funds from operations ( AFFO )
(1) of $355 million, increase of 3% from 2019
Cash available for distribution ( CAFD )
(1) of $304 million or $1.14 per share, increase of 3% on a per-share basis compared to 2019
TransAlta Renewables Inc. ( TransAlta Renewables or the Company ) (TSX: RNW) announced today solid financial results for the three months and year ended December 31, 2020 along with its 2021 outlook. Despite the ongoing challenges that COVID-19 presents, our results for the year demonstrated the strength and resilience of our diversified portfolio and highlighted the growth in our business and underlying cash flows, said Todd Stack, President. With the most recent announced 303 MW of drop-downs effective for 2021, our focus now turns to executing further on our growth strategy by l
Press release content from PR Newswire. The AP news staff was not involved in its creation.
TransAlta and TransAlta Renewables Announce President and Chief Executive Officer Succession
February 4, 2021 GMT
CALGARY, AB, Feb. 4, 2021 /PRNewswire/ - TransAlta Corporation (TSX:TA) (NYSE:TAC) (“TransAlta” or the “Company”) today announced that Dawn Farrell, President and Chief Executive Officer (“CEO”), will retire from the Company and the Board on March 31, 2021, after leading the company for almost a decade. John Kousinioris, currently Chief Operating Officer (“COO”) and President of TransAlta Renewables Inc. (TSX: RNW) (“TransAlta Renewables”), will succeed Mrs. Farrell as President and Chief Executive Officer and will join the Board of TransAlta on April 1, 2021.