Featured in Go big or go home – 11-2020

Green utilities show resilience

European utilities with large exposure to renewable energy have performed well this year, despite a downturn in both energy demand and prices on the back of Covid-19.

By

Andreas Walstad

02 Nov 2020

Image: Iberdrola

Although some European utilities have been hit hard by the pandemic’s suppressive effect on energy demand and prices, others have fared much better, owing to a large share of renewables in their generation mix. Spain’s Ibedrola and Italy’s Enel are two examples of “green winners” on the stock market in recent months. Both utilities have …

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