More to TRP than Keystone XL

A Montana judge recently forced TransCanada to stop work on the controversial Keystone XL pipeline project. The court ruled the U.S. State Department failed to sufficiently consider Keystone XL’s environmental impact before approving it in September 2018.
However, that project is just one of several new… Read More

Innergex adds more wind

INNERGEX RENEWABLE ENERGY $12.56 (Toronto symbol INE; Shares outstanding: 132.8 million; Market cap: $1.7 billion; TSINetwork Rating: Extra Risk; Dividend yield 5.4%; www.innergex.com) has completed the purcase of TransCanada Corp.’s 62% stake in five wind farms on Quebec’s Gaspe peninsula. The price was $630 million.
Innergex already owned the… Read More

New investments will solidify their dividends

BROOKFIELD RENEWABLE PARTNERS L.P. $38 (Toronto symbol BEP.UN; High-Growth Dividend Payer Portfolio, Utilities sector; Units outstanding: 309.9 million; Market cap: $11.8 billion; Dividend yield: 6.6%; Dividend Sustainability Rating: Above Average; www.bep.brookfield.com) has interests in 218 hydroelectric generating stations, 544 solar facilities, 104 wind farms, four biomass facilities and… Read More

New plants should keep dividends high

BROOKFIELD RENEWABLE PARTNERS L.P. $40.45 (Toronto symbol BEP.UN; Units outstanding: 296.3 million; Market cap: $12.5 billion; TSINetwork Rating: Extra Risk; Dividend yield: 6.3%; www.brookfieldrenewable.com) has interests in 217 hydroelectric generating stations, 77 wind farms and 537 solar power facilities. In all, it operates over 16,000 megawatts… Read More