Tuesday, October 16, 2018

Sempra Energy Dumps 981 MW Of Solar Electric Power; Previously Posted -- October 16, 2018

Previously posted, from SeekingAlpha:
  • ConEd is a dividend aristocrat that has hiked its dividend for 44 consecutive years.
  • The company's base electric and natural gas distribution businesses generate among the most stable earnings in the utility sector.
  • ConEd recently announced it was buying 981 MW of solar electric power generation assets from Sempra Energy.
  • In January, the company increased its quarterly dividend by 3.6%. The stock currently yields 3.8%.
  • Investors now get a nice combination of yield and renewable energy exposure.
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Hyperbole?

From Howard Bloom, The God Problem, p. 154:
The sixth century evokes the image of an orchestra expectantly tuning up, each player absorbed in his own instrument only, deaf to the caterwaulings (sic) of the others. Then there is a dramatic silence, the conductor enters the stage, raps three time with the baton, and harmony emerges from the chaos. The maestro is Pythagoras of Samos, whose influence on the ideas, and thereby on the destiny, of the human race was probably greater than of any single man before or after him.
And he didn't even invent that for which he is most famous. 

2 comments:

  1. Grand Forks might be getting a lithium battery plant for bikes and other sizes:

    http://grandforksherald.com/news/government-and-politics/4514811-battery-maker-plans-factory-grand-forks

    It’s renewable related ...

    ReplyDelete
    Replies
    1. Thank you. Fascinating. Brought to body of blog here:

      https://themilliondollarway.blogspot.com/2018/10/another-day-too-much-news-quick-takes.html

      Delete