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Fortis Inc. (FTS)
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Emera Incorporated (EMA)
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Algonquin Power & Utilities Corp. (AQN)
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Capital Power Corporation (CPX)
Q: I hold the above in a taxable account focused on dividend income. I also hold FTS separately. Increasingly I believe that there will be increased demand for renewable power to drive AI, electric charging cars etc... Do you have any recommendations that are dividend payers that would play into this theme of increased power demand?
Would you add to or remove any of the above based upon company fundamentals?
Thanks
Would you add to or remove any of the above based upon company fundamentals?
Thanks
5i Research Answer:
We think adding H and BEPC makes sense for this theme. We think all stocks noted would be fine for income and potential growth. BEPC recently signed a very large renewable power contract along the datacentre/AI theme.