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Canadian Hydro Developers: High-Powered Alternative Energy Stock

Posted on September 04, 2008

Scotia Capital's Ben Isaacson is gushing over the earnings potential of Canadian Hydro Developers Inc. (CHDVF.PK), predicting a 300% jump in EBITDA by 2011 and a one-year target price of C$7 per share for the sustainable-energy producer. The company generates about 364 megawatts through run-of-river, wind and biomass plants in British Columbia, Alberta, Ontario and Quebec. It also has several hydroelectric and wind projects in the pipeline....

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Tags:
alternative energy , biomass , hydro , hydroelectric , wind
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