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Omani Renewable Energy

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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

Sembcorp Salalah Power & Water Company SAOG

Market Cap: ر.ع97.4m

Sembcorp Salalah Power & Water Company SAOG builds, owns, and operates an electricity generation and seawater desalination plant in the Salalah region.

SSPW

ر.ع0.10

7D

1.0%

1Y

-1.0%

Al Suwadi Power Company SAOG

Market Cap: ر.ع50.7m

Develops, finances, designs, constructs, operates, maintains, insures, and owns power-generating facilities in Oman.

SUWP

ر.ع0.071

7D

4.4%

1Y

-9.0%

Al Batinah Power Company SAOG

Market Cap: ر.ع48.6m

Designs, develops, finances, constructs, operates, maintains, insures, and owns a power generating, associated gas interconnection, and other infrastructure facilities in the Sultanate of Oman.

BATP

ر.ع0.072

7D

5.9%

1Y

-5.3%