By investing in SSE shares, are you buying a future renewable energy star?

first_img Enter Your Email Address I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Image source: Getty Images Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Approximately 30% of the energy we produce in the UK is from renewable energy sources. The target is to increase this to 50% by 2025 if we are to alleviate the ongoing concerns about climate change. SSE (LSE:SSE) wants to capitalise on this demand and has re-shaped its business to focus on renewable energy, alongside its energy networks. If the strategy is executed well, SSE has the potential to be a future renewable energy star.Evolution, not revolutionIn reality, SSE is already well established in the renewable energy market: the profits it generates from renewables already account for 38% of its overall profit. Its desire to treble its renewable energy output by 2030 is motivated by capitalising on sector growth and its undoubted profitability. This is in direct contrast to its energy networks business, which is slow-growing and highly regulated. It does have the potential to become a renewable energy star, but I suspect part of the upside may already be included in the current SSE share price.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Short-term momentumThe decision to offload its challenging household energy supply business was well received by investors. The income from this sale and the disposal of other assets is desperately needed to help fund the £7.5bn capital investment programme over the next five years. Ensuring net debt remains under control whilst funding new assets will be its biggest challenge.Income investors were relieved that SSE maintained its dividend policy, despite the short-term challenges the coronavirus will have on its business. Whilst the dividend was cut for the first time since 1998, income investors will be buoyed that its current yield is still above 5%.The SSE share price has only fallen 15% since the end of February. This is far less than the wider market during the same period and demonstrates the company’s good defensive qualities. The share price has upward momentum and is currently higher than it has been since the summer of 2018.In summarySSE is clearly on the right track, but I am not convinced it will become a renewable energy star just yet. My concern is that a lot of the positive news is already included in SSE’s share price. I don’t see it growing rapidly in the next few years as it struggles with the burden of financing a hefty capital investment programme, managing debt and maintaining the all-important dividend.Renewable energy alternative?Financing large capital investment programmes is the biggest barrier to entry in the renewable energy market. However, this is not a problem for The Renewables Infrastructure Group Limited, which cleverly funds its acquisitions using its revolving credit facility, which is then repaid via new equity releases. The company is multi-national, free from debt and pays a growing quarterly dividend of 5.5%. More than 75% of its revenues come from national governments, which provides it with relative revenue certainty and defensive qualities.If you prefer to invest in a company with no debt and a growing dividend, this could be the renewable energy star you were looking for. See all posts by Ben Race Ben Race has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Ben Race | Monday, 29th June, 2020 | More on: SSE I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” By investing in SSE shares, are you buying a future renewable energy star? Our 6 ‘Best Buys Now’ Shareslast_img read more

A leading opposition figure arrested

first_img Organisation News The journalist Ali Al-Abdallah, a leading opposition figure and signatory of the Damascus Declaration, was arrested when security forces raided his home in Qatana, 25 km south of the capital, at around 9 a.m., just seven weeks after his release under a general amnesty on 30 May. He was freed again on 20 July (http://en.rsf.org/jordan-journalists-targeted-by-security-16-07-2011,406…). RSF_en center_img July 17, 2011 – Updated on January 20, 2016 A leading opposition figure arrested Help by sharing this informationlast_img

Florida man arrested in LaGrange County after allegedly biting officer

first_img Pinterest (“Handcuffs” by Victor, CC BY 2.0) A Florida man was arrested in LaGrange County, Indiana over the weekend after speeding through the county and biting a police officer trying to detain him.Just after 7:30 p.m. on Saturday, Sep. 27, somebody reported a “suspicious vehicle” near Shipshewana. According to witnesses, someone was driving a white van through somebody else’s yard with all the doors wide open.Police eventually found the van heading east on SR 120 and tried to stop it. The driver, Lawrence Horvath-Cambron, 32, stopped the van and got out, but left the van on. The van then continued forward and went off the roadway.As police tried to arrest Horvath-Cambron, he bit a deputy’s hand before he could be restrained. He was taken to the hospital, where medical professionals said he was experiencing “excited delirium”, a side effect of meth, which he had recently ingested.He faces charges of battery, resisting arrest and reckless driving. Florida man arrested in LaGrange County after allegedly biting officer Facebook IndianaLocalNews WhatsApp Twitter Previous articleIRS sending letters to Hoosiers who may still be eligible for economic impact paymentsNext articleGasbuddy: Pump prices slowly trickle downward in Indiana Network Indiana Twitter WhatsApp By Network Indiana – September 28, 2020 0 290 Google+ Google+ Pinterest Facebooklast_img read more