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Sri Lankan Renewable Energy

Results

3

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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

Vallibel Power Erathna

Market Cap: LK₨10.5b

Engages in the generation and sale of hydroelectric energy to the Ceylon Electricity Board in Sri Lanka.

VPEL.N0000

LK₨14.10

7D

-8.4%

1Y

29.4%

LVL Energy Fund

Market Cap: LK₨7.0b

Invests in projects in the energy sector in Sri Lanka, Nepal, and Bangladesh.

LVEF.N0000

LK₨10.00

7D

-9.1%

1Y

75.4%

Vidullanka

Market Cap: LK₨23.1b

Engages in the renewable energy power generation business in Sri Lanka and Uganda.

VLL.N0000

LK₨22.90

7D

-7.3%

1Y

77.5%