U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Green Living
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Old 10-23-2008, 01:35 PM
3,853 posts, read 11,662,987 times
Reputation: 2509


I've been looking for a while for something like this and I've finally found a fund that is doing it. It is called a utility trust and the company goes by the name: Great Lakes Hydro Income Fund. Here is what their business profile is on google finance:

Great Lakes Hydro Income Fund (the Fund) is an income fund in Canada. The Fund is a power income fund in North America, with 1,015 megawatts of installed capacity and an average annual production of 3,875 gigawatt hours. It owns, operates and manages a portfolio of power generating assets. The portfolio consists of 26 hydroelectric generating stations located on eight river systems in four geographic regions across North America: Quebec, Ontario, British Columbia and New England. Its operations in Quebec comprise four hydroelectric generating stations located on the Lievre River. Its hydroelectric facilities in Ontario include five power-generating stations in Ontario located on the Mississagi River and Groundhog Rivers. The two hydroelectric generating stations generated 532 gigawatt hours at the British Columbia facility. Its operations in New England include 15 hydroelectric generating facilities in Maine and New Hampshire.
Their 2007 dividend payments were .104 cents per month and the shares are going for 16-17 dollars each. That comes out to about a 7% dividend yield. Sounds like a very save and conservative investment. Also, very green!
Reply With Quote Quick reply to this message

Old 10-25-2008, 06:23 AM
Location: Minnysoda
8,619 posts, read 8,525,111 times
Reputation: 5175
the US imports large amounts of hydro power from up North. Be careful on the Green desigination... The Feds have restricted that to OLD hydro not new. This is done to prevent the building of new hydroelectric plants.........
Reply With Quote Quick reply to this message
Old 10-27-2008, 11:13 AM
Location: Londonderry, NH
41,492 posts, read 51,354,718 times
Reputation: 24612
The high rollers would rather fish for government bred fishes than let the rivers provide electric power for the rest of us.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.

Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Green Living
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top