Reported 19 days ago
RBC analyst Shelby Tucker identifies two utility stocks, AES Corporation and Brookfield Renewable Partners, poised to capitalize on the increasing demand from AI data centers. The growing reliance on data centers for AI technology is pushing utility companies to expand their generation capacity and invest in renewable energy sources. Tucker projects significant load growth and potential for sustained operational expansions, highlighting both companies' strategic positioning and expected revenue growth in the upcoming years.
Source: YAHOO