Love Renewable Energy? This Is the Only Stock You Need
If you love renewable energy and want to both make money and help the industry grow, the best way is by owning renewable energy assets. Right now, the bottleneck in the industry isn't technology or cost, it's simply companies putting wind turbines and solar farms in the ground. And yieldcos are a great way to facilitate that work because they directly finance the construction of renewable energy projects.
One of the most successful yieldcos is NextEra Energy Partners (NYSE: NEP), the subsidiary of utility giant NextEra Energy (NYSE: NEE). It may sound crazy that one of the country's biggest utilities is growing in renewable energy, but it's a big reason why NextEra Energy Partners is the only renewable energy stock you need.
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Source Fool.com
