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Australian Renewable Energy

Australian Renewable Energy

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With governments around the world enacting policies to turn their energy grids green, renewable energy stocks look like they could be the future. Being capital intensive businesses, the list below looks for the stocks with strong return on equity and healthy balance sheets.

3 companies

LGI

Market Cap: AU$268.2m

Provides carbon abatement and renewable energy solutions with biogas from landfill.

LGI

AU$3.02

5.2%

5.6%

Volt Group

Market Cap: AU$16.1m

Engages in the provision of power generation technology solutions in Australia.

VPR

AU$0.0015

50.0%

Delorean

Market Cap: AU$35.2m

Engages in the renewable energy and waste management businesses in Australia and New Zealand.

DEL

AU$0.16

3.2%

240.4%