|52 Week Rng||-|
|P/E Ratio (TTM)||-|
|P/E Ratio (Fwd)||-|
|Div & Yield||-|
Risk diversification to different industries, potential growth for renewable energy stock in current climate crisis environment.
Considered the daughter of BAM, this is the LP through which BAM channels their investments into renewable energy. 80% of their electricity production comes from hydro, but they also have solar and wind as well as storage capabilities. They are geographically diversified and they have already contracted 90% of their energy for the next 12 years.
Because of the nature of hydroelectricity, the production is very visible in the future, giving us certainty and good returns with the use of leverage inside the company.