Iberdrola, amongst stocks with greater exposure and benefitting more from clean energies in US


Morgan Stanley |The climate legislation in the US is improving the profitability outlook for investments in clean energy, since countries are competing for capital and accelerating the new energy ambitions in the wake of the global energy crisis.

Previously, the US was the top destination for capital. However, the gas crisis in Europe has changed the preference for assignation of capital of those companies in our coverage:

a: 1) Europe, 2) US, 3) Other DMs and 4) EMs

This new preference for Europe is based on the benefits which high energy prices imply for returns, and on REPowerEU’s ambitious targets in the face of the need for greater energy security. That said, our stocks with greater exposure to US Clean Energy, and thus benefitting more than the rest, are Orsted, RWE and Iberdrola.

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The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.