5 Best Energy Stocks for 2021

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1. Brookfield Renewable Partners L.P. (NYSE: BEP)

Number of Hedge Fund Holders: 20   

Brookfield Renewable Partners L.P. (NYSE: BEP) is a Bermuda-based company that owns and operates clean energy power generation plants in the United States, Canada, Colombia, Brazil, Europe, India, and China. It was founded in the 1890s and is placed first on our list of 10 best energy stocks for 2021. The firm runs several hydroelectric plants, more than 100 wind farms, over 550 solar facilities, as well as other clean energy businesses. The company is most famous for being one of the oldest hydroelectric power generation firms globally. 

Brookfield Renewable Partners L.P. (NYSE: BEP)  announced on March 30 that it was partnering with Plug Power for the development of a hydrogen plant in Pennsylvania. Construction on the project is set to begin in 2022 and the plan will produce 15 metric tons of hydrogen daily with zero carbon emissions. 

Out of the hedge funds being tracked by Insider Monkey, London-based investment firm Ecofin Ltd is a leading shareholder in the firm with 280,135 shares worth more than $12 million.

You can also take a peek at 10 Best Travel Stocks to Buy Right Now, and 10 Best Automotive Stocks to Invest in Now.

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