Asset Managers Double Down on Grid Stocks Despite Trump’s ESG Views

November 26, 2024 10:05:00

Analysts argue that electrical grids and the equipment required to build them are a well-positioned subsector in the energy transition space. They believe that the grid will defy incoming president Trump’s pushback against investments directed towards sustainability and ESG regulatory frameworks.

Hours after Trump won, renewable energy stocks plunged then a day later, the market gauge of equipment required for grids rose by…

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