Could wind POWER your portfolio? The firms set to benefit from government’s £160m green energy pledge. This year, shares in the Danish energy giant Ørsted – which produces a third of the world’s offshore wind energy – have risen by nearly 50 per cent. Even before Boris’s announcement, more UK investors were going green. This summer, British savers ploughed some £2.5 billion into ethical and sustainable funds, a fourfold increase on last year. While the likes of EDF and E.On might be doing more for the environment, their stock-market performance is hardly impressive. Instead, investors wanting a decent return have looked to specialist investment funds who put up the capital for large renewable energy projects. One example is The Renewables Infrastructure Group, a publicly-listed investment trust with a stake in more than 70 large wind and solar projects in the UK and Europe. The trust has performed reasonably well in recent years, with a £10,000 investment in 2015 rising to about £13,000 now.
Daily Mail 13th Oct 2020 read more »