Replies to post #611483 on Billionaire Boys Club Member Forum (BBCMF)

[mick]

3. Vestas Wind Systems
Denmark-based Vestas is a global leader in the wind energy sector. It designs, manufactures, installs, develops, and services wind energy and hybrid projects worldwide. It has installed more than 157 GW of wind turbines in 88 countries.

Like GE, Vestas doesn't just sell and install wind turbines; it generates some recurring income from servicing them after installation. The company has service contracts covering at least 137 GW of wind power. These contracts help to offset some of the variability in wind turbine sales. Vestas’ focus on wind turbines makes it one of the few large-scale pure-play wind energy investments.

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[mick]

2. General Electric GE
General Electric is a leading industrial company focused on the aviation, healthcare, and energy sectors. The conglomerate is in the process of breaking up into three separate companies focused on those industries. It plans to spin off its healthcare business in early 2023 and its renewable energy, power, and digital business (to be called GE Vernova) in early 2024, allowing the remaining entity to focus on aviation.

GE's renewable energy business is one of the global leaders in manufacturing, installing, and servicing wind turbines. It has installed more than 49,000 units around the world. The installed base generates recurring service revenue.

In addition, GE has a large and growing backlog of onshore and offshore wind development projects that should produce steady growth in the coming years. Although it’s not a pure wind energy play, GE gives investors exposure to the sector in the near term, with a more focused option coming when it spins off GE Vernova.

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NextEra Energy Partners LP
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