Topic: How To Invest

Hi Pat, I’ve maintained a position in Canadian Hydro Developers (KHD) for a number of years and see they’re recently in the news with a new project. Your current recommendation?

Article Excerpt

Canadian Hydro Developers, $3.13, symbol KHD on Toronto, (Shares outstanding: 143.6 million; Market cap: $449.5 million) develops and generates power from three different renewable energy sources: hydro, wind and biomass (burning plant materials and waste). The company owns and operates 20 power generating facilities (including 12 “run of the river” hydroelectric plants), seven wind farms and one biomass plant. “Run-of-river” hydro plants rely on the natural downward flow of a river to guide water through pipes to a generating station. Run-of-river facilities have a low environmental impact compared to the large storage reservoirs of hydroelectric dams. Four of the company’s hydro facilities are in Alberta, three in B.C. and five in Ontario. Five of its wind farms are in Alberta, while Ontario and Quebec have one each. Canadian Hydro’s biomass facility uses wood waste to generate electricity and steam for use in the Canfor sawmill in Grande Prairie, Alberta. Canadian Hydro’s 20 facilities generate 496 megawatts of power. The company also has…