Overlooked Alpha

Overlooked Alpha

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Overlooked Alpha
Overlooked Alpha
10x EBITDA For This Clean Energy Turnaround

10x EBITDA For This Clean Energy Turnaround

Wind energy stocks are catching a bid — more upside could be on the way

Overlooked Alpha
May 06, 2024
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Overlooked Alpha
Overlooked Alpha
10x EBITDA For This Clean Energy Turnaround
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Highlights:

  • Offshore wind energy has developed a poor reputation in the U.S. — but demand in Europe is much more solid.

  • This wind farm developer ran into problems in 2023. But a strong strategic response and an attractive valuation suggests recent gains can continue.

  • Datacenters and artificial intelligence are set to drive electricity demand higher, shifting the narrative. The stock can easily double if targets are hit.

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