General Electric Company (GE), NextEra Energy, Inc. (NEE), Atlantic Power Corp (AT): 3 Winners From More Renewable Energy

Atlantic Power Corp (NYSE:AT) isn’t going to win any economies-of-scale awards, but the utility is determined to ramp up investments in renewables over the next few years. In 2012, Atlantic Power Corp (NYSE:AT) added three wind farms with 150 net MW to its assets via a subsidiary acquisition from Veolia Environnement SA (ADR) (NYSE:VE).

Source: Atlantic Power Deutsche Bank Leverage Financed Conference Presentation

Its renewables ramp-up was a major contributor to its pleasantly surprising Q1 results, and the company currently owns just over 350 net MW of wind power .

Wind for the win?
Investing on the government’s dime is hardly a sustainable or wise decision. Tax credits exist today, but political battles could bring wind production to a standstill in future years. Nevertheless, past and present production tax credits are having their intended effect. Technology is improving, companies are achieving economies of scale, and U.S. electricity production is slowly but surely turning a hazy shade of green. These three companies are winning from wind today and, with a bit of a boost and time, could keep blowing profits into your pocket for years to come.

The article 3 Winners From More Renewable Energy originally appeared on Fool.com.

Fool contributor Justin Loiseau owns shares of General Electric. You can follow him on Twitter, @TMFJLo, and on Motley Fool CAPS, @TMFJLo.The Motley Fool recommends Veolia Environnement and owns shares of General Electric.

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