Tag: INGXF
Buying Innergex – Texas Was Bad, But Not That Bad
By Tom Konrad, Ph.D., CFA
Last week, I published this call to buy Innergex (INGXF, INE.TO) because investors had been overreacting to the losses from the February cold snap in Texas. The stock is up since then, but still seems a decent value.
Canadian Yieldco Innergex Renewable Energy (INGXF, INE.TO) took a big financial hit from the power disruptions in Texas in March.
It's complex, but their financial hedges on power prices for three of its wind farms ended up creating enormous liabilities - more, in fact, than two of their wind farms are worth. Two of their facilities also had benefits...
2020 Hindsight: Ten Clean Energy Stocks For 2019
by Tom Konrad Ph.D., CFA
Sometimes it's good to be wrong.
When I published the Ten Clean Energy Stocks For 2019 model portfolio on New Year's Day 2019, I thought we were likely in the beginning of a bear market. With 20/20 hindsight, that was obviously wrong.
I made the following predictions and observations:
"he clean energy income stocks which are my focus should outperform riskier growth stocks."
"eep value investors will put a floor under the stock prices of these ten stocks."
"I could also be wrong about the future course of this market."
"I have a history...
Ten Clean Energy Stocks For 2019: Still Party Time
by Tom Konrad Ph.D., CFA
2019 has become another blockbuster year for the Ten Clean Energy Stocks model portfolio and, to a lesser extent clean energy stocks and the broad stock market as well. I'm frankly surprised to see the party continuing. The continued spiking of the metaphorical punch bowl by the Federal Reserve with interest rate cuts certainly has a lot to do with it. I had expected those cuts to be both fewer and less effective.
Which all goes to show that it's always a good idea to hedge one's bets in the stock market. At least in part...
Ten Clean Energy Stocks For 2019: Pattern Buyout, Analyst Downgrades
by Tom Konrad Ph.D., CFA
Although valuations and political uncertainty have me spooked, October was another strong month for the stock market in general and clean energy income stocks in particular.
While my broad income stock benchmark SDY added 1.6% for a year to date total gain of 19.6%. My clean energy income stock benchmark YLCO did even better, 2.7% for October and 29.7% year to date. The 10 Clean Energy Stocks model portfolio fell somewhere in between for the month (up 1.8%) but remains unchallenged for the year to date (40.7%). My real-money managed strategy, GGEIP, lagged as I reduce...
Ten Clean Energy Stocks For 2019: Sell The Peaks
I missed my regular monthly update in early June because of vacation.
In hindsight, early June looks like it was a good buying opportunity. The broad market of dividend stocks (represented by my benchmark SDY) falling six percent in May, only to rebound a similar amount in June. At the time, I would have continued to advise caution: “Sell the peaks” rather than “Buy the dips.”
Particularly volatile stocks like European autoparts supplier Valeo (FR.PA) from this list would have generated even greater short term gains. But it would take more than a six percent market decline to transform this bear...
Ten Clean Energy Stocks For 2019: April Ascent
In April, my 10 clean energy stocks model portfolio continued to power ahead, despite the concerns about market valuation I expressed last month. As I said at the time "me being nervous about the market is not much of an indicator that stocks are going to fall" at least in the short term. So I continue to trim winning positions and increase my allocation to cash as stocks advance.
Both the model portfolio and the Green Global Equity Income Portfolio (GGEIP) were up 4.5% and 3.6% respectively in April. This was solidly ahead of their clean energy income benchmark YLCO...
Too Good To Last? Ten Clean Energy Stocks For 2019
The first quarter of 2019 saw the market's largest quarterly gain in a decade, and my 10 clean energy stocks model portfolio outperformed both the broad market and the clean energy income ETF I use as a benchmark (see chart above.)
Performance that strong makes me nervous, especially since the last time we saw gains like these it was the stock market rebound from the financial crisis. In this case, while the market was down in the last quarter of 2018, it had only been enough of a decline to blow a little of the foam off the top of...
10 Clean Energy Stocks For 2019 – First Two Months Results
It's hard to find anything to complain about in the first two month's performance of my 10 Clean Energy Stocks for 2019 model portfolio. Unfortunately, I'm about to go on vacation and don't have time to do an update on all the earnings reports that have come out over the last two weeks. I will try to get to them individually as I have time.
Strategically, I'd like to say I'm getting very nervous about this market rally, and think that readers should be taking profits opportunistically and increasing your cash positions.
Ten Clean Energy Stocks For 2019
by Tom Konrad Ph.D., CFA
Looking forward to 2019, I'm more optimistic than I have been since the start of 2016, in the wake of the popping of the YieldCo Bubble in late 2015.
The bear market that started in late 2018 seems like it's far from over, but I expect in early 2019 will see it enter a less chaotic phase. After the wild declines and swings of late 2018, I expect investors will begin the new year with an eye to safety more than growth. This means that the clean energy income stocks which are my focus should outperform...
List of Power Production Stocks
Alternative energy power production stocks are companies whose main business is the production and sale of electricity from alternative energy installations, such as solar farms, wind farms, hydroelectric generators, geothermal plants, cogeneration facilities, and nuclear plants.
This list was last updated on 9/11/2020.
7C Solarparken AG (HRPK.DE)
Acciona, S.A. (ANA.MC, ACXIF)
Atlantica Yield plc (AY)
Algonquin Power & Utilities Corp. (AQN, AQN.TO)
Avangrid, Inc. (AGR)
Bluefield Solar Income Fund Ltd. (BSIF.L)
Boralex (BLX.TO, BRLXF)
Brookfield Renewable Partners L.P. (BEP)
Capital Stage AG (CAP.DE)
Edisun Power Europe AG (ESUN.SW)
Elecnor, S.A. (ENO.MI)
Foresight Solar Fund plc (FSFL.L)
Global X YieldCo ETF (YLCO)
Greencoat UK Wind PLC (UKW.L)
Innergex Renewable Energy Inc. (INE.TO,INGXF)
John Laing Environmental Assets Group Limited...
List of High Yield Alternative Energy Stocks
This is a list of renewable and alternative energy stocks with dividend or distribution yields above 4%. The list includes most Yieldcos (high distribution companies that own renewable energy operations), but is not limited to Yieldcos. Some Yieldcos may be excluded if their yield is below 4%.
Atlantica Yield plc (AY)
Algonquin Power & Utilities Corp. (AQN, AQN.TO)
Bluefield Solar Income Fund Ltd. (BSIF.L)
Brookfield Renewable Partners L.P. (BEP)
Clearway Energy, Inc. (CWEN,CWEN-A)
Companhia Energética de Minas Gerais (CIG)
Covanta Holding Corporation (CVA)
Crius Energy Trust (KWH-UN.TO, CRIUF)
Enviva Partners, LP (EVA)
Foresight Solar Fund plc (FSFL.L)
GATX Corporation Series A (GMTA)
Global X YieldCo ETF (YLCO)
Greencoat UK Wind PLC (UKW.L)
Green...
List of Solar Farm Owner and Developer Stocks
Solar farm owner and developer stocks are publicly traded companies who develop or manufacture equipment that converts sunlight into other types of useful energy. Includes manufacturers and developers of both solar photovoltaic and solar thermal equipment, as well as their supply chain.
This list was last updated on 3/21/2022.
See also the list of Solar Manufacturing Stocks, the list of Residential Solar Stocks, and solar and wind inverter stocks.
7C Solarparken AG (HRPK.DE)
Abengoa SA (ABG.MC, ABGOY, ABGOF)
Acciona, S.A. (ANA.MC, ACXIF)
Adani Green Energy (ADANIGREEN.NSE)
Algonquin Power and Utilities (AQN, AQN.TO)
Atlantica Yield PLC (AY)
Azure Power Global Ltd. (AZRE)
Bluefield Solar Income Fund (BSIF.L)
Boralex (BLX.TO, BRLXF)
Brookfield Renewable Energy...
List of Wind Farm Owner and Developer Stocks
Wind farm owner and developer stocks are publicly traded companies that site, permit, develop, construct, own, or operate wind farms for producing electricity.
This list was last updated on 3/22/2022
Acciona, S.A. (ANA.MC, ACXIF)
Adani Green Energy (ADANIGREEN.NSE)
Algonquin Power and Utilities (AQN, AQN.TO)
Atlantica Yield PLC (AY)
Atlantic Power Corporation (AT)
Avangrid, Inc. (AGR)
Boralex (BLX.TO, BRLXF)
Brookfield Renewable Energy Partners (BEP)
China Longyuan Power Group Corporation Limited (0916.HK, CLPXF)
China Ruifeng Renewable Energy Holdings Limited (0527.HK)
Orsted (ORSTED.CO, formerly DENERG.CO)
E.ON AG (EONGY)
Enel SpA (ENEL.MI, ESOCF)
Greencoat UK Wind (UKW.L)
Infigen Energy Limited (IFN.AX, IFGNF)
Innergex Renewable Energy Inc. (INE.TO, INGXF)
Neoen S.A (NEOEN.PA)
NextEra Energy Partners, LP (NEP)
NextEra Energy, Inc. (NEE)
Nordex AG (NRDXF, NDX1.DE)
Northland Power Inc....
List of Hydroelectric Stocks
Hydroelectric stocks are publicly traded companies whose business involves converting the energy of falling water into electricity.
This list was last updated on 11/20/2020.
Andritz AG (ADRZF,ANDR.VI)
Brookfield Renewable Energy Partners (BEP)
Contact Energy Limited (CEN.NZ, COENF)
Genesis Energy (GNE.NZ)
Innergex Renewable Energy Inc. (INE.TO, INGXF)
Iniziative Bresciane S.p.A. (IB.MI)
Companhia Energética de Minas Gerais (CIG)
Mercury NZ Limited (MCY.NZ)
Meridian Energy (MEL.NZ)
National Hydro Power Corporation (NHPC.NSE)
National Thermal Power Corporation (NTPC.NSE)
Reservoir Capital Corp. (REO.CN. RSERF)
RusHydro (HYDR.L, RSHYY)
Satluj Jal Vidyut Nigam Limited (SJVN.NSE)
Trustpower (TPW.NZ)
Verbund, AG (VER.VI, OEZVY)
If you know of any hydroelectric stock that is not listed here and should be, please let us know by leaving a comment. Also for...
List of Geothermal Stocks
Geothermal stocks are publicly traded companies whose business involves using the earth's heat energy for productive use, such as generating electricity and space and process heat.
This list was last updated on 10/27/2020.
Calpine Corp. (CPN) Bought out. No longer publicly traded.
Climeon AB (CLIME-B.ST)
Contact Energy Limited (CEN.NZ, COENF)
Enel SpA (ENEL.MI, ESOCF)
Energy Development Corporation (EGDCY)
Innergex Renewable Energy Inc. (INE.TO, INGXF)
Mercury NZ Limited (MCY.NZ)
NIBE Industrier AB (NIBE-B.ST, NDRBF)
Ormat (ORA)
Ormat Industries (ORMT.TA)
Polaris Infrastructure Inc. (PIF.TO, RAMPF)
If you know of any geothermal stock that is not listed here and should be, please let us know by leaving a comment. Also for stocks in the...
Finavera to Sell Wind Project for Three Times Its Market Cap
Tom Konrad CFA On July 23rd, Finavera Wind Energy (TSXV:FVR, OTC:FNVRF) announced a deal to sell its 77 megawatt Wildmare Wind Energy Project to Innergex Renewable Energy (TSX:INE, OTC:INGXF.) The sale will come as a great releif to Finavera’s long-suffering shareholders, who have seen the stock halve in value since the start of the year. I included Finavera in my annual list of clean energy stocks this January because, even at the time, Finavera was trading at a fraction of the value of its wind projects, despite a weak balance sheet. Since then,...
