In today’s briefing:
- Next Era Energy: Investments into Clean & Green Energy, and the IRA, to Drive Outperformance
Next Era Energy: Investments into Clean & Green Energy, and the IRA, to Drive Outperformance
- A 100-year-old firm, Next Era Energy is America’s largest utility firm and the world’s largest renewable energy producer commanding a market cap of USD 136.6B.
- Significant capex into Next Era Energy Resources combined with the benefits of the Inflation Reduction Act to drive stock outperformance.
- Downside exposure remains from idiosyncratic risks, weather shocks and an economic recovery which warrants risk management considerations.