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AI Boom and Rate Cuts Boost Utility Stocks: Best Growth Picks

Benzinga

Many also have a strong history of paying out dividends. However, the rapid rise of the AI industry has prompted a surge in electricity demand, with Goldman Sachs estimating data center power demand will grow by 160% through 2030. Because of their essential nature, utility stocks tend to remain steady even in times of market turmoil.

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Uzbekistan Minister Laziz Kudratov On Country’s Sweeping Economic Makeover

Global Finance

Total FDI in electricity over the last six years has amounted to an impressive $10 billion, and we are aiming to increase generating capacity coming from renewable sources to 20 GW by 2030, ensuring that green energy is about 40% of the total. GF : The plan is to attract some $ 250 billion in investment by 2030. billion in 2018 to $5.8

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Is PTT’s Strategy to Become a Multi-Industry Conglomerate the Right Move?

Andrew Stolz

Attractive dividend yield despite rise in invested capital. The company will allocate 32% of its future CAPEX budget until 2030 to invest in new industries, mainly through M&A. The company plans to allocate 15% of its CAPEX budget to expand its existing capacity to 12,000MW by 2030. Download the full report as a PDF.

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Is BP’s new strategy – full focus on profits – viable in the long term?

Valutico

Furthermore, the company increased dividends by 10% and announced that it will buy back GBP 2.3 (USD In 2019, the company announced that it plans to reduce its oil and gas output by 40% by 2030. At this year’s event this goal was reduced by 15%, meaning fossil fuel output will only decrease by 25% by 2030.

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Can the World’s Largest Carmaker Handle the ESG Pressure?

Andrew Stolz

In 2020, the Japanese gov’t announced the intention to ban gasoline-powered cars by 2030. Toyota has announced to allocate US$13.5bn by 2030 to the development of EV batteries. The company pays out dividends on a consistent basis. Dividend payout ratio is almost constant around 30%. Cash flow – Toyota. Ratios – Toyota.

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Can Idemitsu Kosan Generate Enough Cash From Oil to Fund Transition?

Andrew Stolz

Attractive dividend yield could rise to 2x Japanese average. By 2030, the company plans to increase its renewable capacity to 4 Gigawatt from currently 0.2 Attractive dividend yield could rise to 2x Japanese average. In the past share, the company has increased its dividend per share and is likely to maintain that level.

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Capital Power and Manulife Investment Management announce the acquisition of the Midland Cogeneration facility in the United States

Benzinga

The transaction provides immediate adjusted funds from operations (AFFO) accretion and is supported by highly contracted cash flows to 2030 and 2035 from long standing counterparties.