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mick

11/18/23 3:50 PM

#611482 RE: mick #611481

1. NextEra Energy NEP
NextEra Energy is a major renewable energy company. It operates the largest electric utility in Florida and also has a large-scale energy resources business.

NextEra Energy Resources is one of the largest producers of wind power in the world. As of late 2022, it had 20 gigawatts (GW) of operating wind generation capacity when including its investment in NextEra Energy Partners (NEP 0.74%) -- enough to power more than 13.5 million homes. Overall, 67% of its subsidiary’s generation capacity is wind energy.

The company is an active developer of new wind energy projects. It expects to build as much as 10.7 GW of new wind energy capacity by 2025. In addition, it has up to 800 megawatts (MW) of wind repowering projects in its pipeline. These investments replace older wind turbines with newer, larger ones capable of generating more electricity. NextEra Energy is also a leader in using battery storage to help reduce the intermittency of its wind and solar energy assets.

Although not a pure wind energy play, NextEra is a leader in the sector, making it a solid option to consider. It also has an excellent track record of increasing shareholder value, including its dividend

NEP
NextEra Energy Partners LP
23.26
0.17 (0.74%)
Volume: 1,714,565
Day Range: 22.44 - 23.50
Last Trade Time: 7:58:23 PM EST
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mick

11/20/23 11:50 AM

#611667 RE: mick #611481

TOP WIND ENERGY
https://www.fool.com/investing/stock-market/market-sectors/energy/wind-energy-stocks/

Top wind energy stocks to watch in 2023
Companies in the wind industry tend to fall into the following categories:

Wind turbine and component manufacturers: These companies benefit from growing wind energy demand because it helps to drive sales growth. However, they face potential demand, competitive, and cost pressures.
Wind power producers: These companies own and operate turbines that produce wind energy, which they sell to end users such as electric utilities and large corporate buyers. Most wind producers sell power under government-regulated rate structures or long-term, fixed-rate power purchase agreements (PPA) that generate steady revenue.
Although wind energy is growing in importance, few companies focus solely on manufacturing wind turbines and components or producing wind energy. Only a couple trade on major U.S. stock exchanges. That leaves investors with few domestic pure-play wind energy investment opportunities.

Because of the limited pure plays, investors need to cast a wider net when looking for opportunities in the wind energy sector. With that in mind, here are some of the top wind energy stocks to consider:

Data source: Google, Yahoo! Finance, and company websites. Market cap/AUM data as of Oct. 4, 2022.
WIND ENERGY STOCK TICKER MARKET CAP/ASSETS
UNDER MANAGEMENT (AUM) DESCRIPTION
NextEra Energy (NYSE:NEE) $166.5 billion The leading global producer of wind and solar energy.
General Electric (NYSE:GE) $87.6 billion A diversified company focused on aviation, healthcare, and energy.
Vestas Wind Systems (OTC:VWDRY) $31.3 billion A Danish manufacturer, seller, installer, and servicer of wind turbines.
Siemens Energy (OTC:SMNEY) $13.5 billion An energy technology company with a wind turbine subsidiary.
Brookfield Renewable (NYSE:BEPC)(NYSE:BEP) $18.1 billion A clean energy infrastructure company with significant wind assets.
Clearway Energy (NYSE:CWEN)(NYSE:CWEN.A) $6.8 billion A clean energy infrastructure company with significant wind assets.
TPI Composites (NASDAQ:TPIC) $600.1 million A leading wind blade manufacturer.
First Trust Global Wind Energy ETF (NYSEMKT:FAN) $278 million An ETF focused on wind energy stocks.