ReNew Energy Global (NASDAQ:RNW) Hasn't Managed To Accelerate Its Returns
Is ReNew Energy (RNW) the Worst Performing Utility Stock in 2024?
The last time electric power stocks in the United States were so crazy was also during the technology frenzy.
Similar to today, in the 1990s, the expected returns of independent electrical utilities stocks were much higher than regulated utility company stocks. At that time, independent electrical utilities were constructing power plants on a large scale, resulting in eventual overcapacity. However, now it seems that electrical demand will inevitably increase, so they should not face similar issues.
Renew Holdings PLC Acquisition of Full Circle
Read This Before Judging ReNew Energy Global Plc's (NASDAQ:RNW) ROE
Mizuho Securities Maintains ReNew Energy Global(RNW.US) With Buy Rating