- ContourGlobal increased its dividend by a tenth in 2020
- Ceres Power remains loss-making as it invests in growth
As investors look to position their portfolios for a net zero emissions future, Ceres Power (CWR) and ContourGlobal (GLO) present two very different ways of playing the energy transition. ContourGlobal offers investors stable income, focusing on conventional, established renewables while also seeing a continuing role for natural gas. Meanwhile, Ceres Power is a more speculative growth play, aiming to tap into the rise of hydrogen.
Shrugging off the pandemic