My Top Renewable Energy Stock to Buy in December
The global economy is undergoing a massive transition, shifting its primary power source from carbon-emitting fossil fuels to cleaner alternatives like renewable energy. This pivot will take decades and trillions of dollars of investment.
One of the many companies playing a pivotal role in the energy transition is Clearway Energy (NYSE: CWEN)(NYSE: CWEN.A). It's among the largest renewable energy owners in the U.S. and has highly efficient, cleaner-burning natural gas power generating facilities. These assets produce lots of cash to support and grow the company's 3.6%-yielding dividend. It recently made a move that should help power high-end dividend growth through 2026, which pushed it to the top of my list of renewable energy stocks to buy this December.
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Source Fool.com