Thread: Next Era Energy

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  1. #1
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    Next Era Energy

    This is becoming a core holding. Low payout ratio for a utility and plenty of room to grow the dividends. In a great geographic region and a huge provider of solar and wind energy. They are also involved in the battery powered storage. They are buying Gulf power from Southern also. Going to keep adding if it drops below 155.

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  3. Member
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    Beauregard, Alabama
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    #2
    Does Southern Company need money? Why are they selling Gulf Power?

  4. Member
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    #3
    Quote Originally Posted by Charles Prestridge View Post
    Does Southern Company need money? Why are they selling Gulf Power?
    They had some huge cost overruns with that nuclear power plant they are building. I think that may be the reason.