Report

Responsibly sourced shareholder value

Good Energy’s unique equity proposition is its combination of renewable generation capacity with a growing retail energy business. All energy sold to customers is sourced from renewable sources, with approximately 19% generated by its own solar and wind farms and the remainder procured via long-term contracts from third-party renewable generators. The stock is attractively valued in comparison to its forecast high level of growth.
Underlying
Good Energy Group

Good Energy Group is a holding company. Through its subsidiaries, Co. is engaged in the purchase, generation and sale of electricity from renewable sources; the sale of gas; services relating to micro-renewable generation and the development of new electricity generation sites. Co.'s main segments include: supply companies (including electricity supply, feed-in-tariff administration and gas supply); electricity generation companies (including wind and solar generation companies); and generation development (44 early stage development companies at Dec 31 2016). As of Dec 31 2016, Co. had 71,486 electricity customers and 44,107 gas customers.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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