
The utility industry is fueled by ongoing infrastructural investments and rapid expansion of renewable power generation capacities. Given the industry’s steady growth prospects, investors could consider quality utility stocks Veolia Environnement SA (VEOEY), TransAlta Corporation (TAC), and Centrica plc (CPYYY) this week.
The utility market is poised for significant growth due to the rapid expansion of renewable power generation capacities. Governments worldwide are promoting the use of renewable energy sources by providing incentives and subsidies to solar power generation companies.