Iberdrola Renovables SAU
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Convinced that Obama was going to win the elections and implement the Green revolution I bought shares of Iberdrola Renovables, the Spanish company that is the largest wind farm operator in the world and the second largest in USA. So far there has been no Obama effect in the share price of this and many other alternative energy companies. But I think there will be and I wanted to share this opportunity with my readers. Alternative energy companies like Iberdrola Renovables and companies who supply them like Vestas, Gamesa, or compete with them like Acciona, are all down 60% or more this year. Presently we still live through an irrational market that prices all stocks alike both on their way down and up. But as the fog dissipates I am convinced that there will be winners and losers and even though my Iberdrola Renovables shares are where they were a month ago when I bought them I believe that this company that is already a global leader in wind energy generation will get the recognition from investors it deserves.

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Elliott on November 7, 2008  · 

Long term there will be major growth in green energy. It is not necessarily an Obama effect. Green energy is absolutely required. US has already passed an 8-year extension of renewable energy tax credits. But the wind & solar stocks are down drastically 60-80% & several ethanol-from-corn producing companies filed for bankruptcy in the last 6 weeks as they bet that corn prices would continue to rise and hedged the wrong way as the bushel price fell quickly along with oil prices. But, the short term growth of alternative energy requires capital investment and availability of credit, both in short supply at the moment. Medium term and long term the good quality companies will be much larger and more valuable than they are today.
Please see my blog: http://www.GreenEnergyForEarth.com

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