It has since become a large-scale renewable energy company by adding onshore wind, utility-scale solar, distributed generation (e.g., rooftop solar), and energy storage platforms. The company currently has 21 gigawatts (GW) of operating capacity, making it one of the largest renewable energy producers in the world. Brookfield also has an extensive renewable energy development project backlog across all those technologies and offshore wind.
When you're trying to start investing in stocks, it can be difficult to know where to begin building your portfolio. There are thousands of public companies out there that do so many different things. Realty Income (NYSE: O) is a real estate investment trust (REIT) that owns free-standing commercial buildings, which it primarily leases to companies in the retail and industrial sectors.
For years, oil supermajors like ExxonMobil (NYSE: XOM) dominated the energy sector. With globally diversified operations and strong balance sheets, they were well-designed to weather the sector's ups and downs. In its place, a new energy supermajor is emerging.