It has become increasingly popular, especially among younger investors, to invest in renewable energy and other things that are deemed to be for the betterment of society. This is the basic concept behind environmental, social, and governance investing and the popularity of it has given rise to a number of funds. While there are certainly some that question the validity of it as an effective investing strategy, there are reasons to believe that having some exposure to renewables makes a lot of sense. One of these is that renewables are likely to become a more dominant part of the energy generation mix in the United States going forward. While there are certainly a few ways to invest in renewables, one effective and reasonably safe way to do it is to invest in utilities that have a history of using renewable power plants. One company that has been fairly aggressive about doing this is NRG Energy, Inc. (NRG).

About the company

NRG was originally founded in 1989 as the wholly-owned subsidiary of the Northern States Power Company. The company was originally intended as the wholesale power generation arm, which was part of the deregulation campaign throughout the late 1980s and 1990s. By 1998, the company had begun an aggressive acquisition campaign and over the next two years it purchased electric generation facilities from a variety of companies. The company was ultimately spun off in 2000 and became an independent generator of wholesale electricity.

READ FULL ARTICLE HERE