SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Wind Power
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sam Citron who wrote (156)4/29/2007 11:07:38 PM
From: sageyrain  Read Replies (1) of 230
 
Took a look at them this evening, quick scans of FPL web sites and Yahoo.

I am not generally interested in the big utilities but this one looks more interesting than most.

I would prefer that FPL Energy, the "clean" power arm of FPL be a separate company. I was surprised that FPL Energy provided 43% of FPL's net in 2006, so it is conceivable that FPL Energy could provide the bulk of their revenues in a few years. Debt is a little high (d/e = 1.25) buy shouldn't be a problem with their cash flow.

They will be in a dominant position to ramp up solar as it becomes lower cost and will probably be their next big revenue ramp in coming years as wind becomes saturated. Divy yield is not great at 2.4%.

Looks to me like a relatively safe, unspectacular way to play wind/hydro/solar. (WAG - 8-12% annual return over the next few years).

What do you think?

edit: it's one I might consider tucking away in IRA.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News