Carbon Collective Blog - Thoughts on being part of the climate solution.

Yieldcos: Finance solar & wind farms, earn strong dividends

Written by Zach Stein | Sep 27, 2020 1:45:00 PM

Here’s the complete list of all Yieldcos that are listed on the New York Stock Exchange (NYSE) as of 09/23/20. 

We put it together at Carbon Collective because we wanted a way to invest in all of the companies building solutions to climate change. From renewable energy stocks, to LEDs stocks, to recycling stocks

For humanity to stop climate change, we need to dramatically expand the use of renewable energy. Yieldcos are special investment vehicles that use your investment directly to finance building more wind, solar, and utility electricity storage projects. As these projects deliver returns, the companies direct them back to you in dividends. 

According to Project Drawdown, the types of projects yieldcos finance have the potential to reduce global carbon emission significantly.  

Disclaimer: We had trouble finding all of these stocks in one place online. So, we built the following list. We’re publishing it purely for informational purposes and not a recommendation to buy or sell. 

  • COMPANY
  • TICKER
  • % CHANGE (3-YR)
  • % CHANGE (5-YR)
  • DESCRIPTION
 
 
% CHANGE (3-YR)
+97.82 %
% CHANGE (5-YR)
+171.52 %

BEPC owns 16+ GWs of production (~10.4m US households of electricity) globally. BEPC is a "Yieldco" which pools investments to buy renewable energy plants and return regular dividends.

 
% CHANGE (3-YR)
+50.89 %
% CHANGE (5-YR)
+102.98 %

Clearway owns 4.3+ GWs of production (~2.8m US households of electricity). Clearway is a "Yieldco" which pools investments to buy renewable energy plants and return regular dividends.

 
% CHANGE (3-YR)
+118.84 %
% CHANGE (5-YR)
+201.87 %

They own 2.3+ GWs of production (~1.5m US households of electricity). Hannon is a "Yieldco" which pools investments to buy renewable energy plants and return regular dividends.

 
% CHANGE (3-YR)
+58.56 %
% CHANGE (5-YR)
+149.09 %

NEP owns 5.3+ GWs of production (~3.4m US households of electricity). NEP is a "Yieldco" which pools investments to buy renewable energy plants and return regular dividends.

We’ve updated this list as of 09/23/20. If there are companies that you believe we are missing, we’d love your help keeping this list up to date. Please email drawdownindex@carboncollective.co

About Carbon Collective:

We built Carbon Collective because we couldn’t find anywhere to invest our retirement savings that made ethical and financial sense in the age of climate change. 

So we put together the world’s first series of climate-friendly, diversified, low-fee investment portfolios and teamed up with a world class online brokerage platform to automatically manage them.

Imagine an index fund in a world without fossil fuels. That’s how we build our portfolios. We swap the high-carbon parts of the stock market (fossil fuels, dirty utilities, airlines, etc.) with the companies building solutions to climate change (renewable energy, circular economy, energy efficiency, etc.). 

Checkout their historical performance, carbon footprint, and fees compared to common standard and ethical portfolios.